Corporate Monitorships and New Governance Regulation: In Theory,in Practice,and in Context

Over the last few years, it has become increasingly common for government agencies to resolve corporate criminal law and securities regulations violations through the use of settlement agreements that require corporations to improve their compliance programs and hire independent monitors to oversee the changes. Based on our interviews with corporate monitors, regulators, and others, we find that these monitorships are failing to meet their full potential in reforming corrupt corporate cultures. After reviewing potential reforms to improve monitorships from a new governance perspective, we discuss the limits of these reforms that are due to the sociological and institutional environment in which monitorships are embedded.     

Non-Nationalist Politics in a Bi-National Consociation: The Case of the Alliance Party of Northern Ireland

Through a case study of the Alliance Party of Northern Ireland, this article examines the contention that consociational power-sharing, in its determination to include dominant and conflicting identity groups, exalts these identities and excludes others including gender, class and other ethnicities and nationalities. The article describes and assesses the Alliance Party’s arguments that the power-sharing arrangements in Northern Ireland are philosophically objectionable, practically ineffective, and politically detrimental to parties which, like Alliance, are designated as “others.” The article finds that the party’s critique of consociationalism as implemented in Northern Ireland is overstated and that the party has been able to play a number of pivotal roles in the new politics.     

Public Approval ofU.S. State Legislatures

The determinants of public approval for state legislatures have not received much attention, but one important finding is that more professionalized legislatures experience lower levels of public support. We argue that this result is an artifact of limited data and problematic model specifications. Analyzing a large national survey sample, we demonstrate that the negative relationship holds primarily for conservatives and to a lesser extent for moderates but not liberals. Additionally, we find that legislative approval in states with term limits and ballot initiatives is no different than in states without these institutions.     

In memoriam: Leonard J. Theberge

The study examines Pat Robertson's use of The 700 Club television program to establish and sustain celebrity status and in turn to promote partisan politics through seemingly objective news accounts. The findings indicate that The 700 Club news segments consistently rely on narrative techniques that mask Robertson's intensely partisan content and provide what Kenneth Burke terms symbolic medicine for his particular audience.     

Towards a Realignment of the Mind: Compass Lecture,Commonwealth Club,London, 10 February 2011

Britain urgently needs a national conversation about the economic, political and moral predicament it now faces. It should start with the economic crisis of 2008–09. Keynesians and neoliberals alike still seek to return to pre‐crisis business as usual, albeit with modifications. But the untamed capitalism that came to grief in 2008 had three major flaws. First, it undermined the public domain of equity, citizenship and civic virtue, whose creation was one of the great achievements of the late‐nineteenth and early‐twentieth centuries, exposing it to invasion by the market domain. Second, it led to a remorseless rise in inequality of resources and life chances, rendering British society one of the most dysfunctional in Europe. Third, it encouraged the emergence of a debased form of democracy, best called ‘market populism’, that mocks the dream of political equality that lies at the heart of the democratic ideal. Yet growth points of a better society can be detected amidst the gloom. Informal institutions and social movements like London Citizens and the burgeoning environmental movement show that the notion of the public good is still alive. So do the survival of Edmund Burke's communitarianism in the conservative tradition, of John Stuart Mill's social liberalism in the liberal tradition and of ethical socialism in the social‐democratic tradition.