(Room 403 on the 4th floor of the main Malet Street building.)
- Dr. Sue Konzelman, Department of Management, Birkbeck College, University of London: ‘Governance, Regulation and Financial Market Instability: The Implications for Policy.’
- Prof. Gordon Clark, School of Geography and the Environment, University of Oxford: ‘Corporate Benefits Policy in an Era of Global Competition.‘
- Prof. Paddy Ireland, Kent Law School: The Collapse of the Neoliberal Vision: Pension Privatization, Financial Property and the idea of the Ownership Society.
- Prof. Morten Huse, Department of Innovation and Economic Organisation, Norwegian School of Management: ‘Women on Corporate Boards of Directors: Any Evidence of Critical Mass?’
- Prof. Sally Wheeler, School of Law, Queen’s University Belfast: Shares in Environmental Futures.
The corporation’s role in the provision of welfare has transformed in the UK. Pension risks, for instance, are in the process of being transferred from companies to individuals. In these circumstances, the power of financial intermediaries has not just increased vis-a-vis companies as private pension funds penetrated markets. Their power has also increased as future and current pensioners rely on financial engineering to build up their pension pots.
At the same time the role of corporations in the provision of welfare looks set to increase as various groups seek to expand the private share in the UK’s welfare state and corporate welfare provision becomes an important element in employee evaluations of employers.1 The role of welfare provision in the shareholder-oriented corporation is likely to have a major effect in our understanding of how corporations function in British society.
This seminar will focus on how the manner in which we imagine the company might transform as relationships between welfare provision and corporate employers, intermediaries and service providers are transformed. How will welfare be transformed to render it amenable to corporate control and how will corporate governance be managed to answer stakeholder questions?
1. See for instance The Insurance Industry Working Group, Vision for the insurance industry in 2020: a report from the insurance industry working group (London: H.M. Treasury, 2009); P. Davies, “Insurers to look at welfare provision” Financial Times , July 27 2009; G. Clark and A. Monk, “The ‘Crisis’ in Defined Benefit Corporate Pension Liabilities Part II: Current Solutions and Future Prospects” Pensions (2007) 12, 68-81.(back)