Humanistic corporate governance

HUMANISTIC CORPORATE GOVERNANCE:

A UNIVERSAL MODEL FOR BALANCING POWER

AND ALIGNING INTERESTS

Long-Term Capitalism Challenge:

Hack submitted by Alex Todd to The Harvard Business Review/McKinsey M-Prize for Management Innovation

GovernanceCommittee.com

WHAT IS A CORPORATION?


I am a

legal

person.

WHAT IS A CORPORATION?


Yes, you are.

That’s why you

require direction

from real people to

properly serve

society!

WHY DO WE NEED CORPORATE BOARDS?


WHAT IS THE PURPOSE OF CORPORATE

GOVERNANCE?


WHOSE INTERESTS DO BOARDS SERVE?


I am not a

slave!

WHY DO WE NEED CORPORATE BOARDS?


Instead,

invest in

my

productivity

. Buy my

stocks.Thank you

for

investing

in our

company.

You can

trust us to

protect

your

interests.

Hey! What

about your

neighbours

’ interests?

Hold on!

You have a

duty to be

loyal to me.

WHO ELSE CLAIMS TO HAVE AN INTEREST?


Who are

you?

I bought your

company’s shares

on the market. I am

your new owner.

Congratulations! We hope

you make lots of money

when you sell the shares.

But you are NOT an

investor in our company,

and certainly not its

OWNER!

HOW COULD HUMANISTIC CORPORATE

GOVERNANCE REPRESENT ALL INTERESTS?


Distribute

PowerAlign Interests

Ancient Roman Property Law Principles

SHOULD COMPANY STAKEHOLDERS TRUST THE

BOARD?


Hey! What

about your

neighbours

’ interests?

WHAT’S THE VALUE OF STAKEHOLDER TRUST?


Strategic Stakeholders

Customers Investors Various Various

WHO ELSE NEEDS TO TRUST THE BOARD?


HOW DO WE STRUCTURE OUR CORPORATE

GOVERNANCE SYSTEMS?


Employee

s

Shareholders

Board of Directors

HOW COULD BOARDS IMPROVE CONDITIONS

FOR STAKEHOLDER TRUST?


HOW COULD WE RESTRUCTURE OUR

CORPORATE GOVERNANCE SYSTEMS?


Employee

s

Stakeholder

Congress*

* Terms from Shann Turnbull’s Network

Governance

Board of Directors

Shareholders

WHAT WOULD IT TAKE TO MAKE THIS CHANGE?


By-Laws

WHAT MODIFICATIONS ARE REQUIRED?


By-Laws

CERTIFICATES FOR

SHARES AND THEIR

TRANSFER

Certificates of Shares:

• Voting Capital Stock

• Non-voting Market

Shares

• Voting Non-equity

Shares

Transfer of Shares:

• Tradable Shares

• Non-tradable Shares

• Conversion of Shares

HUMANISTIC CORPORATE GOVERNANCE, TO

WHAT END?


Compliance

Sustainability

Creating Shared Value


Thank You

Alex Todd

416-487-1497

[email protected]

om

http://TrustEnablement.com

Date post:	16-Jul-2015
Category:	Investor Relations
Upload:	alex-todd
View:	57 times
Download:	0 times

Humanistic corporate governance

Investor Relations