Editorial

Citation

Gale, C. and Dobson, A. (2014), "Editorial", International Journal of Law and Management, Vol. 56 No. 3. https://doi.org/10.1108/IJLMA-02-2014-0012

Editorial

Article Type: Editorial From: International Journal of Law and Management, Volume 56, Issue 3

This third issue of 2014 begins with an article from Rory Shand of Plymouth University in the UK entitled “Community management of regeneration projects in Potsdam, Germany”. The purpose of this first article is to investigate the governance of regeneration projects, as part of the pan-German Social City initiative, examine the key actors engaged in delivery of renewal, and set out findings, before mapping the actors and governance models in regeneration in the area. In an era of sustainability and an expanding Green agenda, this makes a most interesting read.

Next, Chrispas Nyombi of the University of Essex, again in the UK, writes “Corporate personality: the Achilles’ heel of executive remuneration policy”. This article aims to explore the role corporate personality has played in the battle between executive remuneration and fairness, which is linked to rewarding performance. It also aims to explore some of the policy measures taken by the UK Government to curb excessive remuneration especially in the banking sector. This is something which has been and remains topical, particularly in the UK but with a global dimension as well.

Third, Thomas A. Hemphill and Gregory J. Laurence of the University of Michigan, USA tell us about “The case for professional boards: an assessment of Pozen’s corporate governance model”. Robert C. Pozen, Chairman Emeritus of MFS Investment Management and a long-time scholar of corporate governance, proposed a model of professional board directorship that responds to the three main factors he believes underpin ineffective board decision making: the large size of boards; the lack of specific industry expertise; and inadequate director time commitment. The authors of this article critically evaluate the efficacy of Pozen’s proposed corporate governance model, addressing the three main factors underpinning ineffective board decision-making.

Fourth, Dennis R. Self and Terry B. Self of Troy University, USA speak of the “Negligent retention of counterproductive employees”. The purpose of this article is to encourage organizations to recognize the potential risks of retaining counterproductive employees on their payrolls and the steps they should take to prevent and/or correct the situation should it exist within their organizations. In a time when unemployment is a real issue, at least in Western economies, and those in employment do their utmost to preserve that status, this is a thought provoking contribution.

Finally, Priyanka Jain, Saroj Kumar Datta and Ankur Roy, of Mody Institute of Technology and Science, India, offer “Awareness and attitude towards corporate social responsibility: a study of MBA students in Rajasthan”. The article is an attempt to explore the awareness and attitude of management students towards corporate social responsibility. Students are perceived as future managers of the corporate world and their perception of CSR is deemed important to business organisations. The students can make companies understand their responsibility towards various stakeholders. Although about students in a particular area, there are obvious issues of transferability to other regions and jurisdictions.

All in all, a fascinating set of articles from our diverse contributors. We do hope you enjoy them.

Chris Gale, Alexandra Dobson