Multi-Stakeholder Design Principles and the FairShares Model
Channel: FairShares Association
Date: 03/03/2021

In this lecture, prepared for a Masters course on Organisation Ethics and CSR, Prof Rory Ridley-Duff compares shareholder and stakeholder perspectives on ownership and enterprise governance. He pays particular attention to arguments for multi-stakeholder governance that have taken root in social enterprise theory.  

To prepare students for a live action role play on FairShares, he includes a detailed discussion of the four stakeholder groups enfranchised in the FairShares Model, and the rationale behind the theory and practice of FairShares. Citing new cases of FairShares ownership and governance, he shows how power and wealth can be distributed between three or four primary stakeholder groups. 

To bring students completely up-to-date, he also includes economic arguments for multi-stakeholder governance developed by EURICSE, and the work of Graham Boyd and Jack Reardon on FairShares Commons Companies described in the book 'Rebuild: The Economy, Leadership and You'. 

This lecture lasts 60 minutes.