Considerable attention has been given to the topic of governance and its relevance to private and public sector organisations. However, little attention has been given to the impact of adopting different governance models on societies and nations which are unaccustomed to alternative ways of working. With both an enterprise level and a societal level of analysis in mind, this book explores the governance impact on both the structure of organisation and performance of organisation, and also examines what are the likely stakeholder reactions and social repercussions of the emerging encroachment of the shareholder value philosophy championed by Anglo-American enterprises on stakeholder societies such as France, Germany, Japan and the Scandinavian countries.
Autorentext
ANDREW KAKABADSE is Professor of Management Development, Director of the Cranfield Centre for International Management Development and Chairman of the Management Development Board. He has consulted and lectured worldwide, and has published widely. He is editor of the Journal of Management Development and sits on the editorial boards of the Journal of Managerial Psychology and Leadership and Organisation Development. NADA KAKABADSE is a Senior Research Fellow at the Cranfield School of Management. She has worked for international organisations in Scandinavia, the Middle East and North Africa, as well as for the Canadian Federal Government. She has published widely and is co-editor of the Journal of Management Development and European Editor of the International Journal of Effective Board Performance.
Zusammenfassung
- Does the topic of governance merit the attention it has been given?- Is governance simply a tool for corporations to ensure they are publicly acceptable whilst privately making ever greater profit?- Is corporate governance an elaborate camouflage for the wealthy to get wealthier and for the poor to decline even further?- Does governance only interest the top management of corporations or is this a subject that should be of concern to all?In response to these questions, The Geopolitics of Governance adopts a broad view of governance by examining the impact of different governance models on society. The book explores the growth and impact of the free market economy on the functioning of various societies and highlights that under conditions of market turbulence, the Anglo American model of corporate governance has become the dominant benchmark. However, the drive for shareholder wealth through transparency of accounting procedures and business processes, policed by non-executive (external) directors, is having a dramatic impact on communities unaccustomed to dramatic changes of corporate ownership and investment patterns. Already, the Anglo American world has the greatest division of wealth amongst the developed economies.Despite receiving ever greater attention, it is argued that the shareholder interpretation of governance is likely to promote greater splits in society. Rather than viewing governance strictly for the domain of the corporation, a broader societal interpretation concludes that the stakeholder philosophy governance models are better able to integrate wealth creation with equity of wealth distribution.What is emerging is a head-to-head between the Anglo American and European models of governance. The irony highlighted in The Geopolitics of Governance is that the change from shareholder to stakeholder ways of thinking and behaving is likely to be played out in the USA, the spiritual home of free markets and shareholder oriented governance.
Inhalt
Markets: Contrasts of Perspectives Governance Geopolitics of Governance: Contrasts of Application and Control Reform and Repercussion Reflections on Geopolitical Impact