SHIMIZU Kazuyuki    Department   Undergraduate School  , School of Business Administration    Position   Professor
Date	2015/03/12
Presentation Theme	A Cybernetic Approach to Corporate and Stakeholder Governance
Conference	Society and Information Technologies: ICSIT 2015
Promoters	International Institute of Informatics and Systemics
Conference Type	International
Presentation Type	Speech (General)
Contribution Type	Individual
Venue	Orlando, Florida, USA
Details	ABSTRACT; 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. 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. 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).