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Tag: Governance

Living in a state of true accountability

Despite the difficulties, one should be accountable more for outcomes than for the decision process.

The chainsaw falls on instrumentalism

Chainsaw Al is obsessed with making money. Bill Gates is obsessed with computers. Who is the richer man?

Tick here if you have understood

Should regulations be clear, transparent and certain? To answer the question one must recognise the importance of informal systems of cultural regulation.

A fair trade in governance

The management and governance of LIFFE is not an easy job. Exchanges are natural monopolies, and provide benefits which are valuable only in what they make possible.

The Third Way

Is the third way simply an eclectic compromise which offers to drop any unpalatable bits from the familiar ideologies of far right and far left? I argue that if there is a third way, this is not where we will find it.

The Role of Business in Society

The view of business as necessarily selfish, narrow and instrumental, is, as it always has been, nonsense. Business which is selfish in motivation, narrow in outlook, and instrumental in behaviour is rarely successful business.

When consensus does not really mean agreement

Just as universities need to tell people to stop quibbling and work towards a common objective, companies need to realise that clustering around a corporate conventional wisdom that has not been subject to analysis and debate is also not a recipe for success.

Question of duty

It is not satisfactory that the Hampel Report can only offer an account of directors’ duties which is confusing and fundamentally incoherent.

A mystery solved

Gordon Brown should be criticised if he does not propose a root and branch reform of corporation tax within the life of this parliament.

Called to account

What are the responsibilities of Shell to society at large? There is a simple answer - and it’s wrong.