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Employee Participation In Corporate Governance: An Ethical Analysis, Michael Lp Lower
Employee Participation In Corporate Governance: An Ethical Analysis, Michael Lp Lower
Michael LP Lower
This paper outlines why CST has called for employees to be involved in the governance of the firms that they work for and a share in ownership. It points out the economic issues involved as part of its broader ethical analysis. The John Lewis Partnership is pointed to as a good working model. The possible use of ESOPs to bring about desirable changes is considered. The case for mandatory codetermination is outlined.
Natural Law And Agency Theory, Michael Lp Lower
Natural Law And Agency Theory, Michael Lp Lower
Michael LP Lower
Corporate governance scholarship is awash with theories of the firm: these are "stories" or metaphors that try to shed light on the nature and purpose of the firm as an institution and on one or more of the following questions:
(i) how the institution of the firm "evolved" (or its economic or social purpose); (ii) whether "the firm" is a reality or a rhetorical device; and (iii) the relationship between "the firm" and stakeholders, political society and so on.
Theories of the firm are used both to explain and to help develop law and policy. If the theory is misconceived, …