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Corporate Governance, Responsibility and Compassion: Why we Should Care

Research output: Chapter in Book/Report/Conference proceedingChapter in a book

Original languageEnglish
Title of host publicationShaping the Corporate Landscape
Subtitle of host publicationTowards Corporate Reform and Enterprise Diversity
EditorsNina Boeger, Charlotte Villiers
Place of PublicationUK
Publisher or commissioning bodyHart Publishing
Edition1
DateAccepted/In press - 2017

Abstract

This chapter argues that a key barrier to responsible corporate governance practice is the hierarchical structure of ‘traditional’ large corporations. This hierarchy, coupled with an individualistic, profit seeking approach, obstructs the broader goals and possibilities of corporate governance. Feminist literature and positive organization scholarship are explored as possible theoretical territories in which solutions to the problems might be found. The ethic of care has a relational focus which recognizes the interdependencies existing inside and outside the organization. Similarly, a literature has grown emphasizing compassion as a behavioural principle. This dual focused approach gives rise to a preference for a more horizontally structured organization - rather than a bureaucratic and hierarchical form - to nurture the relationships involved, with greater care and compassion. This approach, it is argued, offers more fertile ground for positive corporate behaviour.

    Research areas

  • Corporate Governance, Responsibility, Care, Compassion

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