Banks failed in 2008 because individuals with knowledge of risks were not connected to individuals who had the incentive and power to take corrective action. Evidence of this problem is provided by reports from the Lehman liquidator and The US Government Financial Crisis Inquiry Commission....

In this paper we explore the question of corporate governance and its connection with CSR.We outline why a traditional governance architecture (e.g. unitary board structures) fails to support monitoring and strategic advice functions concerning CSR of the board adequately. We then provide our...

Transaction Byte Analysis (TBA) is developed as a methodology to research firms governed by more than one board. TBA grounds social research in cybernetic laws to create a science of governance. Any co-ordination between social creatures requires the creation, transmission, reception and...

10.2 trillion dollars have been lost in the US alone in the past two years. 45% of world’s wealth has been destroyed and three of the largest bankruptcies in the US have occurred in the past year. Just as the majority of observers thought lessons from Enron had been learned, crisis has struck...

The financial crisis of 2008/09 has many roots and remedies will have to be multipronged. However, there seems no doubt that corporate governance mechanisms failed with regard to risk management across the board. In this presentation, we show the systemic shortcomings of a unitary board which...

This paper compares the competitiveness and resilience of firms governed by a single board that were considered “too big to fail” in 2008 with firms governed by a network of boards. Network governance introduces a division of power, checks and balances with stakeholder engagement....