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Corporate governance paradigms of hazardous industries: Enduring challenges of Britain’s civil nuclear industry
Journal of General Management Pub Date : 2021-01-07 , DOI: 10.1177/0306307020915103
B.C. Pemberton 1 , W. Ng 2
Affiliation  

This article discusses risk management processes in Britain’s civil nuclear industry from a corporate governance perspective. As an example of a hazardous industry that can inflict catastrophic environmental damage and fatalities, effective governance of Britain’s nuclear industry is a critical issue. Yet the industry’s history of corporate governance suggests that processes of corporate governance have regularly failed to meet core requirements of its stakeholders. A core requirement is for governance designs that recognize the interests of public owner–stakeholders. In meeting this requirement, the article offers a framework for a relationship-driven form of corporate governance that enables meaningful stakeholder engagement in decision-making.



中文翻译:

危险行业的公司治理范式:英国民用核工业的持久挑战

本文从公司治理的角度讨论了英国民用核工业的风险管理流程。作为可能造成灾难性环境破坏和死亡的危险工业的一个例子,对英国核工业的有效治理是一个关键问题。然而,该行业的公司治理历史表明,公司治理流程通常无法满足其利益相关者的核心要求。核心要求是对承认公共所有者-利益相关者利益的治理设计。为了满足此要求,本文提供了一种关系驱动的公司治理形式的框架,该框架使利益相关者能够有意义地参与决策。

更新日期:2021-03-15
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