Northampton Electronic Collection of Theses and Research

Self- or rule-based governance: analysis of choice-making behaviour

Mostovicz, E. I., Kakabadse, N. K. and Kakabadse, A. P. (2010) Self- or rule-based governance: analysis of choice-making behaviour. Corporate Governance. 10(4), pp. 541-557. 1472-0701.

Item Type: Article
Abstract: Purpose – This study seeks to propose self-governance in organisations based on choice-making behaviour. Design/methodology/approach – The paper examines selected literature on the behaviour of choice, moving from the individual as the unit of analysis to the organisation, in order to draw lessons for proper governance. To do so, it refers to a series of three independent studies, namely, of luxury, leadership and the role of luxury in helping to cope with organisational pressure. Findings – The paper reviews the need for choice (or human logic), exemplified by the Theta and Lambda worldviews, and the difficulties in its proper implementation. A study into luxury reveals the role of luxury in choice-making behaviour and the language used for making these choices. These findings are applied to a study into leadership and followed by a third and ongoing study that provides empirical evidence that tension in organisations results, in numerous cases, from an imposed lack of choice because of improper governance. The paper concludes with recommendations for organisational governance. Research limitations/implications – The claim that conflicts in organisations are based on differences between Theta and Lambda worldviews is based on some empirical evidence only. Criticising governance by rules, the paper does not look in detail into the reasons behind the drive for such a way of governance or how to help change an organisation's governance approach. Originality/value – The paper introduces the concept of Theta and Lambda worldviews, provides a psychological definition of what luxury is and its importance to organisational life and questions the usefulness of enhanced governance
Uncontrolled Keywords: Strategic choices; leadership; organizational conflict; governance
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD2709 Corporations > HD2741 Corporate governance
H Social Sciences > HM Sociology > HM786 Organizational sociology. Organization theory
Creators: Mostovicz, E Isaac, Kakabadse, Nada K and Kakabadse, Andrew P
Publisher: Emerald
Faculties, Divisions and Institutes: University Faculties, Divisions and Research Centres - OLD > Faculty of Business & Law > Business and International Management (to 2010)
Faculties > Faculty of Business & Law > International Strategy & Business
Date: 2010
Date Type: Publication
Page Range: pp. 541-557
Journal or Publication Title: Corporate Governance
Volume: 10
Number: 4
Language: English
ISSN: 1472-0701
Status: Published / Disseminated

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