Questions:
How can organisations and specifically organisational boards be made more accountable (Schillemans and Bovens 2019)? [Assesses Course Learning Objectives (CLOs) CLO1, CLO2, CLO4: CLO5, CLO6 - see Table above for full description of the CLOs]
From accountability (Schillemans and Bovens 2019) and stakeholder (Freeman 2008; Mitchell et al 1997) perspectives what are the strengths and weaknesses of the extant governance models? [Assesses CLO1, CLO2, CLO3, CLO4, CLO5, CLO6]
Drawing on course literature and concepts (for example Psaros 2008; Mitchell et al 1997; Boyd et al 2011; Morck, and Yeung, 2003; Young et al 2008) critically address these questions by interrogating literature on the following alternative governance models and structures (Government Business Enterprises (GBEs)/State Owned Enterprises (SOEs), cooperatives, unitary boards, dual tier boards/codetermination/Works Councils). [Assesses CLO1, CLOW2, CLO4, CLO5, CLO6]
Your answer must discuss principles that might apply to all models and draw on the following literature: stakeholder value (Freeman 2008), Government Business Enterprises (GBEs) (Bovens 2019; Henderson & Clarke 2016), co-operatives (Erassti et al 2017; Cook 1995), and codetermination on boards & works councils/dual boards (Jackson & Muellenborn 2012; Frege 2005, 2002; Hertig 2006). [Assesses CLO1, CLO2, CLO3, CLO4, CLO5, CLO6]
Literature pointers:
Boyd, BK, Takacs-Haynes K & Zona F (2011) 'Dimensions of CEO–Board Relations(Links to an external site.)', Journal of Management Studies, Vol.48(8), pp.1892-1923
Clarke, B., & Henderson, G. E. (2016).Directors as guardians of the public interest: lessons from the Irish banking crisis(Links to an external site.).Journal of Corporate Law Studies,16(1), 187-220.
Cook, M. L. (1995).The future of US agricultural cooperatives: A neo-institutional approach(Links to an external site.). American journal of agricultural economics, 77(5), 1153-1159.
Errasti, A., Bretos, I., & Nunez, A. (2017).The viability of cooperatives: The fall of the Mondragon cooperative Fagor(Links to an external site.). Review of Radical Political Economics, 49(2), 181-197.
Frege, C. M. (2002).A critical assessment of the theoretical and empirical research on German works councils(Links to an external site.). British Journal of Industrial Relations, 40(2), 221-248.
Frege, C. M. (2005).Varieties of Industrial Relations Research: Take‐over, Convergence or Divergence?(Links to an external site.). British Journal of Industrial Relations, 43(2), 179-207.
Hertig, G. (2006).Codetermination as a (partial) substitute for mandatory disclosure?(Links to an external site.). European Business Organization Law Review, 7(1), 123-130.
Jackson, G., & Muellenborn, T. (2012).Understanding the role of institutions in industrial relations: Perspectives from classical sociological theory(Links to an external site.). Industrial Relations: A Journal of Economy and Society, 51, 472-500.
Mitchell, R. K., Agle, B. R., & Wood, D. J. (1997)Toward a theory of stakeholder identification and salience: Defining the principle of who and what really counts(Links to an external site.), Academy of Management Review, 22(4), 853-886.
Morck, R and Yeung, B 2003, 'Agency problems in large family business groups(Links to an external site.)', Entrepreneurship: Theory and Practice, vol. 27, no. 3, pp. 367-82.
Psaros, J. (2008)Australian corporate governance : a review and analysis of key issues(Links to an external site.), Frenchs Forest, N.S.W. : Pearson Education, Ch. 1Practical and theoretical foundations of corporate governance pp. 1-22.(Links to an external site.)
Schillemans, T., & Bovens, M. (2019).Governance, accountability and the role of public sector boards(Links to an external site.). Policy & Politics, 47(1), 187-206.
Young, MN, Peng, MW, Ahlstrom, D ; Bruton, GD, Jiang, Y (2008) 'Corporate Governance in Emerging Economies: A Review of the Principal–Principal Perspective(Links to an external site.)', Journal of Management Studies, 2008, Vol.45(1), pp.196-220