Article Title

The Role of Employees in Corporate Governance in the Anglo-American Model; Developments in South Africa

Authors

Robert Elliott

Abstract

The subject of governance can not be confined to mechanical issues of code-creation, scrutiny and compliance. The focus of this paper is on issues shaping, in Galbraith’s term, the technostructure of the modern company operating under the anglo-american model of governance. In particular the role of employees of the firm in the governance of corporations - in the technostructure - is discussed and developments in South Africa are outlined.

Chapter 2 discusses the relationship between employees and the employing corporation in the context jurisprudence of the employee/employer relationship and current theoretical conceptions of the corporation. That chapter also looks at the role of employees in the US (as the exemplar of anglo-american governance) as owners/shareholders though pension funds and as participants in a wider pattern of corporate scrutiny by institutional investors.

Chapter 3 reviews recent developments in South Africa, including an attempt to introduce employee-participation through, not company, but labour law.

Recommended Citation

Elliott, Robert (2003) "The Role of Employees in Corporate Governance in the Anglo-American Model; Developments in South Africa," Bond Law Review: Vol. 15: Iss. 1, Article 11.
Available at: http://epublications.bond.edu.au/blr/vol15/iss1/11