The role of board and CEO in managing societal and political intangibles

Purpose - Companies are looking for new ways to embed themselves in the societies in which they operate and for more constructive engagement with public authorities as new sources of competitive advantage and sustainable profitability. This challenges the traditional approach to the roles of the boa...

Full description

Saved in:
Bibliographic Details
Published in:Corporate governance (Bradford) 2011-01, Vol.11 (5), p.551-559
Main Author: Schepers, Stefan
Format: Article
Language:English
Subjects:
Boards of directors
Business models
Consumer protection
Corporate governance
Ethics
International business
Intervention
Investments
Limited liability companies
Norms
Oppression
Political analysis
Social responsibility
Society
Studies
Citations: Items that this one cites
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Purpose - Companies are looking for new ways to embed themselves in the societies in which they operate and for more constructive engagement with public authorities as new sources of competitive advantage and sustainable profitability. This challenges the traditional approach to the roles of the board and CEO and requires additional inputs that go beyond the mere analysis of market opportunities. This article aims to examine the issue in view of doing further research.Design methodology approach - The article combines narrative with argument and analysis.Findings - The economic crisis and the new wave of regulation on the horizon make a new approach to lobbying more pressing.Originality value - The article is based on political and economic writings and on practical experience in the public and private sector.
ISSN:1472-0701
1758-6054
DOI:10.1108/14720701111176966