Corporate Accountability: A Path-Goal Perspective

Corporations are increasingly seeking corporate accountability. There have been a growing number of principles, standards, measurement tools, and guides for reporting, stakeholder engagement, and assurance to aid corporations; many of which are discussed here. Yet corporations are faced with a confusing array of competing protocols and a complex challenge in defining how to navigate the process to improve accountability. Path-goal theory offers a perspective which allows us to present a simplified 3-step path to guide corporations. However, path-goal theory also reveals problems inherent in the current approach, namely, an ambiguous situational context and lack of leadership that is directive, task-oriented, and that clears obstacles on the path toward corporate accountability.