A perennial problem with the management of a business has been concerned with the relationship between the managers of a business and its owners and investors, which is of course known as the agency problem. It is generally accepted that the information asymmetry which inevitably exists in this...

It is apparent that all forms of organisation have governance requirements and procedures but too often we just consider governance in a corporate environment. Equally it is accepted that the concept of governance is concerned with the relationship between the organisation and all of its...

Front Cover -- Modern Organisational Governance -- Copyright Page -- Contents -- List of Contributors -- Part I: Theoretical Perspectives -- Modern Organisational Governance: Re-Examining Governance: The Evidence -- Introduction -- Good Governance and Sustainability -- Modern Governance -- Notes...

In this chapter the operation of governance in a variety of contexts is shown to be both essential and problematic. Reasons involve contextual and cultural differences as well as different understandings. This led to a consideration of the desirability of global governance and the problems in...