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Business Law, Public Responsibility, and Ethics Commons

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Full-Text Articles in Business Law, Public Responsibility, and Ethics

News And Corporate Governance: What Dow Jones And Reuters Teach Us About Stewardship, Donald Nordberg Aug 2007

News And Corporate Governance: What Dow Jones And Reuters Teach Us About Stewardship, Donald Nordberg

Donald Nordberg

This paper in an early draft of an article that appeared in Journalism: Theory, Practice and Criticism in 2007. The outcomes of near simultaneous bids for the news organizations Reuters Group plc and Dow Jones & Co. Inc. in 2007 hinged on mechanisms of corporate governance put in place at each company to protect the integrity and independence of the editorial operations. Neither company is a particularly model of good governance, since the restrictions – super-voting shares at DJ, veto-power by the trustees of the Founders Share Company at Reuters – almost completely rule out an open market for corporate …


The Ethics Of Corporate Governance, Donald Nordberg Jul 2007

The Ethics Of Corporate Governance, Donald Nordberg

Donald Nordberg

This paper is an early draft of an article that appeared in the Journal of General Management in 2008. How should corporate directors determine what is the "right" decision? For at least the past 30 years the debate has raged as to whether shareholder value should take precedence over corporate social responsibility when crucial decisions arise. Directors face pressure, not least from "ethical" investors, to do the "good" thing when they seek to make the "right" choice. Corporate governance theory has tended to look to agency theory and the need of boards to curb excessive executive power to guide directors' …


Rebalancing The Board's Agenda, Donald Nordberg Jun 2007

Rebalancing The Board's Agenda, Donald Nordberg

Donald Nordberg

This paper is a draft of an article published in the Journal of General Management in 2007. Since the corporate governance scandals of 2001 and 2002, the work of boards of directors has been dominated by board processes and compliance, with a corresponding reduction in the emphasis on value creation. This discussion paper proposes a model for board activities and raises questions about how they can be rebalanced to provide greater emphasis on the board's strategic advisory role. It also looks at European governance issues, including the role of dual boards.