Executives’ Views of Factors Affecting Governance Change in a Not-for-Profit Setting
| Autor: | David L. Schwarzkopf, Karen K. Osterheld, Elliott S. Levy, Gregory J. Hall |
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| Rok vydání: | 2008 |
| Předmět: |
Sociology and Political Science
business.industry Strategy and Management Field (Bourdieu) Corporate governance Stakeholder Context (language use) Public relations Project governance Action (philosophy) Industrial relations Ethical dilemma Business and Finance Business Business and International Management Marketing |
| Zdroj: | Business and Society Review. 113:505-532 |
| ISSN: | 1467-8594 0045-3609 |
| DOI: | 10.1111/j.1467-8594.2008.00330.x |
| Popis: | Knowing the factors that executives deem critical to governance change can improve our understanding of how such changes come about and can help us evaluate those changes. Interviews with business and finance executives at 11 colleges reveal the importance to governance change of chief executive and board member leadership and interactions, as well as executive communication style. Costs are clear constraints to action, particularly since benefits are not quantified and are difficult to describe. Efforts to discuss governance with internal stakeholders require persistence to overcome narrow, individualized concerns. Communication about governance to external stakeholders is rare and represents a missed opportunity for stakeholder feedback and the development of trust. Executives appear willing to adopt governance forms without considering the idiosyncrasies of their institutional field, limiting the working definition of governance and its potential. For corporations and not-for-profit enterprises these findings hold implications for the context in which leadership is exercised and the shape of governance structures. They also pose a fundamental ethical dilemma for leaders to address. |
| Databáze: | OpenAIRE |
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