As a potential disruptive technology electronic-money raises fundamental questions on the role of money, how it should be designed, issued and managed. The 2008 financial crisis created the opportunity and need to rethink the role and design of the financial system. The now Governor of the Bank...

Orthodox economic analysis cannot identify how to provide affordable housing on a sustainable basis because it: (i) Considers the nature of property rights as a given rather than as a policy variable; (ii) Focuses its analysis on the production and exchange of goods and services to neglect values...

This paper identifies how replaceable rules in corporate constitutions could enhance their operations and social accountability on a self-enforcing basis. The introduction of self-enforcing provisions in organizations creates a strategy for reducing the role and cost of government by exempting...

This paper compares the competitive advantages of stakeholder mutual firms with firms that are publicly traded, family or government owned. A stakeholder mutual is owned and by its employees, customers and suppliers. These strategic stakeholders can have greater knowledge and commitment to the...

The emerging discipline of social reporting accounting and auditing is compared with its financial counterparts and the need for different institutional arrangements are identified. An element of social accounting is to report on the ethical integrity of operations and governance of the entity....

Some of the most successful businesses in the world involve employees, customers and suppliers in their control. This paper describes why this is so and how stakeholder governance could be introduced into English speaking countries. The competitive advantages of establishing co-operative...

Orthodox economic analysis cannot identify how to provide affordable housing on a sustainable basis because it: (i) Considers the nature of property rights as a given rather than as a policy variable; (ii) Neglects taking into account variations in the values of assets and liabilities; (iii)...

Climate change has been identified as ldquo;The biggest market failure the World has ever seenrdquo;, (Stern 2006). This paper identifies the cost of finance as an influential element of this market failure and how it can be removed. One approach would be to use a renewable energy backed...

This paper discusses how simplifying the management of complexity requires organisations to adopt an ecological form of governance found in nature and illustrated by stakeholder-controlled firms in the US, UK and Europe. The analysis reveals why centrally controlled command and control...

Ten of the eleven OECD metrics established for measuring individual wellbeing can be directly affected by how organizations are governed. Two types of governance architecture are considered: (i) simple centralised command and control hierarchies and,(ii) an ecological form universally found in...