The successful application by the Office of the Director of Corporate Enforcement(ODCE) to the High Court for the appointment of inspectors to Independent News and Media Group (INM) included evidence on the actions of the then Chairperson of INM, Lesley Buckley (Cantillon, 2018), highlighting the important role of the board Chairperson. So what is the … Continue reading
Category Archives: state agency
Managerial Hegemony – an under-researched phenomena
Agency Theory is the dominant theory underpinning corporate governance. The theory arises from economic theory and states that the separation of management from control in firms creates agency issues due to the conflicts of interest between owners(principals) and managers(agents) who are assumed to pursue self-interest (Fama & Jensen 1983; Eisenhardt 1989). This relationship enables information … Continue reading
The Boards Role in appointing the CEO, the case of Horse Racing Ireland
The coverage of the re-appointment of the existing CEO of Horse Racing Ireland(HRI) and the boards involvement in that decision highlights a key board role, that is, the boards control role (O’Conor 2017). The board of directors has three key roles: control, strategy and service (Zahra & Pearce 1989). The boards control role derives from … Continue reading
Corporate Boards and the impact of Women Directors
“Only 17% of directors are women in Irish companies”[1] “One in three women directors in Ireland say a glass ceiling exists in Irish business”[2] On International Women’s Day (March 8th) numbers like these grab headlines and prompt urgent discussion, but do not answer the question, does board level gender diversity make a difference. Continue reading
Paying for Whistleblowing
The Ontario Securities Commission of Canada has introduced financial rewards for whistleblowers, as much as C$5million(The Economist 2016). This system is modelled on the American Securities and Exchange Commission scheme. But does it work? Does it uncover wrongdoing that otherwise would have continued? Not everyone pays whistleblowers, for example the British Financial Conduct Authority, the … Continue reading