Research Forum Launched
CoSteer Launches Governance Research
11 August 2022, 06:30:00
CoSteer Launches Research
Governance is inherently very difficult to measure (Darko et al, 2014) and the codification of corporate governance has also led organisations to slide towards a ‘tick box’ approach, despite the requirements for ‘comply or explain’ statements in certain countries.
The measures that do exist are simply not enough, and in fact, don’t really get at the heart of the question, “how well are both the organisation, and the people within the organisation, ‘being steered’ and how well are they ‘steering’?”.
Most measures of corporate governance focus on compliance related issues. Numerous rating models also seem to focus on the inputs of governance, such as the composition of boards and the separation of the CEO and chairman roles and diversity.
All admirable, however, Argüden (2010) argues that these measures simply do not pay sufficient attention to the quality of information, decision-making processes, nor do they link the effectiveness of governance to output measures such as the brand image, employee and customer satisfaction indices, or profitability and value creation.
We are on a road of discovery through research and learning. This programme will focus on exploring the interconnections between organisational culture, the quality and ethics of decision-making and the operational efficacy and performance within organisations.
We are seeking organisations to participate in this research and to therefore contribute to developing a practical, more human and more scientific approach to measuring organisational governance linked to purpose, values and behaviours.
Watch the launch webinar here