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Shared Governance: Structures and Processes

Olivier P. Roche, Richard C. Hoffman and Marvin O. Brown

Chapter Chapter 3 in Shared Entrepreneurship, 2014, pp 43-56 from Palgrave Macmillan

Abstract: Abstract In this chapter we explore various issues pertaining to the governance of organizations practicing some form of shared entrepreneurship (SE). For the purpose of our discussion, “governance” refers to the structures and processes that regulate the interactions among the senior management team, the board of directors, and the owners of the organization as well as the results of these interactions on the organization’s social and financial performance. Shared governance refers to the governance structure and process of firms practicing SE. Some of the questions this chapter seeks to partially answer regarding the governance of SE firms include the following: Who are the firm’s key stakeholders? Who oversees the stakeholders’ interests? How are the interests of the board aligned with those of the stakeholders? What roles does the board of directors play in the firm’s governance? What is the nature of management authority in such firms?

Keywords: Corporate Governance; Board Member; Strategic Management Journal; Management Authority; Corporate Financial Performance (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-40580-7_4

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DOI: 10.1057/9781137405807_4

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