“Corporate Governance & Ethics: A Feminist Perspective” by Machold Article Review

Briefly explain why Machold, rt. al. hold that consideration of corporate responsibility must also acknowledge relations between people that are not contractual in nature.

The article Corporate governance and ethics: a feminist perspective by Machold et. al. was written with the aim to reveal the generally accepted concept of corporate governance, based upon ethical theories with masculinist orientation. Still the authors managed to utilize the previously discussed approaches, based upon feminist ethics, in order to work out feminist governance model. The major difference between these two approaches should not be limited to the difference between feminist or masculinist characteristic features, but also underlines the meaning of reciprocal relationships. The authors did not have the task to invent the model, which could become superior to any other governance model. Instead they aimed at working out such perspective, which could allow viewing governance through different perspectives. In other words they wanted to provide the chance for reconsideration of the roles and functions of boards of directors via utilizing this feminist model. In addition the role of women in corporate governance generally is not researched enough. According to the feminist model the contractual relations are not denied, but it is noted that relationships should not be limited only to those, which are contractural or non-contractual. Instead there is a variety of relationships recognized, in which even in the conditions of asymmetry of power distribution, obligation of care should not be ignored.  According to the developed feminist model all individuals, which whom were relationships or who could become potential participants of the relationships in the future, should be prioritized irrespective of any legal or economic terms. In addition there is a need to consider identity and individuality of these individuals. Thus governance is not related to some abstract relations; rather it considers the relationships between concrete individuals. The key principle for the feminist theory for supporting of the relations is the obligation to care and bearing of the responsibility. Overall, there are various kinds of relationships, either defined by the law or based on other contexts; individuals are obliged to govern these relationships and consider corporate responsibility irrespective of the fact of contractual nature.  

Works cited:

Machold, S., Ahmed, P.K., Farquhar, S.S. Corporate governance and ethics: a feminist perspective. Journal of Business ethics, 2008

The terms offer and acceptance. (2016, May 17). Retrieved from

[Accessed: March 29, 2024]

"The terms offer and acceptance." freeessays.club, 17 May 2016.

[Accessed: March 29, 2024]

freeessays.club (2016) The terms offer and acceptance [Online].
Available at:

[Accessed: March 29, 2024]

"The terms offer and acceptance." freeessays.club, 17 May 2016

[Accessed: March 29, 2024]

"The terms offer and acceptance." freeessays.club, 17 May 2016

[Accessed: March 29, 2024]

"The terms offer and acceptance." freeessays.club, 17 May 2016

[Accessed: March 29, 2024]

"The terms offer and acceptance." freeessays.club, 17 May 2016

[Accessed: March 29, 2024]
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