Conceptualising Corporate Governance for Hazardous Industries: Public Engagement as a Risk Management Process in Britain's Nuclear Industry

被引:1
|
作者
Pemberton, Barry [1 ]
Ng, Wilson [1 ]
机构
[1] Regents Univ London, Finance & Business, London, England
关键词
Demarchic governance; hazardous industries; nuclear; public-participation; stakeholders; STAKEHOLDER THEORY; SOCIAL-RESPONSIBILITY; PARTICIPATION; BOARD;
D O I
10.1080/01900692.2019.1672726
中图分类号
C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];
学科分类号
12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;
摘要
The 1986 catastrophic accident at the Chernobyl nuclear plant reflected the strategic risks of hazardous industries and the impact that totalitarian political systems can have on how these risks are managed. Drawing on key events in Britain's nuclear industry, this article examines how public engagement paradigms may reduce risk in hazardous industries. In addition, a conceptual "demarchic" approach to corporate governance is explored that identifies how societal risks arising from hazardous operations may be reduced. This leads to an outline of how this may be achieved by minimizing the effects of information asymmetry and enhancing effective decision-making by citizens in technologically complex industries.
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页码:192 / 201
页数:10
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