Defaults in corporations, financial institutions and semipublic organizations have resulted in (corporate) governance Codes and Law provisions that aim to improve governance, risk management and policy making by executive and non-executive directors of involved boards in The Netherlands and across the globe. The aim of this chapter is to discuss how semipublic organizations deal with public interest and the contribution of multiple stakeholder team production theory (MSTP) to effectively deal with the issue of how to include interests of different stakeholders and the general public interest in the governance of and policy making by boards of semipublic organizations. This includes the identification, raising awareness and analysis of various interests and their implications.
The authors use a literature review and their own experience.
Based on our literature review and experience converging in a case study design, we hold that a semipublic organization’s exposure to public interests and how it deals with that will remain a critical issue.
We develop a research approach for dealing with stakeholders’ and the public interest and conclude that a governance perspective grounded in team production theory allows for a much better focused incorporation of possibly conflicting stakeholder interests, including public stakeholder interests and stakeholder commitment and cooperation than the dominant control perspective that is currently prevailing.
We contribute to the literature by arguing that the combined MSTP approach offers a pre-eminent approach to influence and shape board behaviour, an increased awareness of interests of different stakeholders coalescing in the public interest and an alternative, complementary view on decision-making by boards viewed as a team.
The authors express their gratitude to Prof. Dr. H. Struikmans (radiotherapist) and Dr. K. van Veen (RUG). Also, they acknowledge the relevance of the review of the editors in an early stage of development of this chapter and the input of the organizers and participants of a special (NVTZ) session last year in Utrecht on governance in hospitals in The Netherlands.
van Ees, H., van den Ham, K., Postma, T.J.B.M. and Verschoor, K. (2015), "Who Cares about Public Interests? A Case-Based Analysis of the Role of Boards in Dutch Semipublic Organizations", Contingency, Behavioural and Evolutionary Perspectives on Public and Nonprofit Governance (Studies in Public and Non-Profit Governance, Vol. 4), Emerald Group Publishing Limited, Bingley, pp. 85-110. https://doi.org/10.1108/S2051-663020150000004004
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