SHIMIZU Kazuyuki
   Department   Undergraduate School  , School of Business Administration
   Position   Professor
Language English
Publication Date 2015/03
Type International Conference
Peer Review Peer reviewed
Title A Cybernetic Approach to Corporate and Stakeholder Governance
Contribution Type Sole-authored
Journal The 6th International Conference on Society and Information Technologies: ICSIT 2015
Publisher International Institute of Informatics and Systemics
Volume, Issue, Page Volume(2),pp.93-95
Details In this paper, we attempt to apply a cybernetic approach to an analysis of corporate and stakeholder governance. The cybernetic approach could offer a good framework for analyzing communications and control [1]. A corporation is formed by a "nexus of contracts". By analogy, cybernetics has been used increasingly in relation to internet communication technologies (ICTs).
The paper is divided into three sections: first, the question of what is a cybernetic approach is addressed; second, the concept of this paper is set out; and finally, a cybernetic approach to corporate and stakeholder governance is elaborated [2]. Each section takes a step-by-step approach to describing its subject from a socio-cybernetic point of view.
Norbert Wiener's cybernetics theory aimed to create an autonomous system. It has played an important role in terms of its founding philosophy and is seen today, for example, in factory automation systems that include sensor assistance (feedback).

Key words: cybernetics, corporate and stakeholder governance, path dependency, communications, control
ISBN -13: 978-1-941763-17-9