Abstract
It appears to be a new approach of study that adopting the theory of complex systems on the study of corporate stakeholders. The emergence, development and growth of corporate stakeholders’ system can be satisfactorily analyzed in the theory of self-organization. The theory of complex systems originated from system theory is a result of transition from system theory to nonlinear science of complexity, and a theory of study on self-organization phenomena and laws. Dissipative structure theory deeply unearths the birth environment and conditions of self-organization and lays the foundation for the theory of self-organization; and synergetics theory intends to explain the process in which a system evolves from disorderliness to orderliness, which is essentially a process of self-organization inside the system. Synergy is a form and mean of self-organization. As a social system, corporate stakeholders’ system is a complex aggregation of multiple factors, themes and relations, has a series of conditions for self-organization, and its evolution is driven by the synergy among all the subsystems inside the system. On the whole, the process of synergetic evolution is normally the development from the evolution of competitive synergy to the evolution of cooperative synergy.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Andrei S, Robert WV (1996) A survey of corporate governance. NBER working paper
Aoki M (2003) Institutional complementarities between organizational architecture and corporate governance. RIETI discussion paper series
Arrow KJ (1988) Behavior under uncertainty and its implications for policy. In: Bell DE, Raiffa H, TverSky A (eds). Decision making. Cambridge University Press, Cambridge, pp 497–507
Arthur WB (1989) Competing technologies, increasing returns and lock-in by historical events. Econ J 99:116–131
Bushman R, Chen Q, Engel E, Smith A (2004) Financial accounting information, organizational complexity and corporate governance systems. J Acc Econ 37(2):167–201
Cilliers P (1998) Complexity and postmodemism: understanding complex systems. Routledge, London
Moerland PW (1995) Alternative disciplinary mechanisms in different corporate systems. J Econ Behav Organ 26(1):17–34
Monks RAG (2001) Redesigning corporate governance structures and systems for the twenty first century. Corp Gov 9(3):142–147
Morley S (2000) Redefining control: applying complexity theory to corporate governance. In: Complexity and complex systems in industry conference, Warwick University
Peters Edgar E (1994) Fractal market analysis: applying Chaos theory to investment and economics. Wiley, New York
Wu T (2001) A study on self-organization methodology. Tsinghua University Press, Beijing, p 2
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2013 Springer-Verlag Berlin Heidelberg
About this paper
Cite this paper
Li, Cj. (2013). The Study on the Synergy of Corporate Stakeholders in the Corporate Governance: Based on the Theory of Complex Systems. In: Qi, E., Shen, J., Dou, R. (eds) International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012) Proceedings. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-38445-5_164
Download citation
DOI: https://doi.org/10.1007/978-3-642-38445-5_164
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-38444-8
Online ISBN: 978-3-642-38445-5
eBook Packages: EngineeringEngineering (R0)