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Influencing international economic policy on growth and governance (Mushtaq Khan)

Summary of the impact

Professor Mushtaq Khan's re-examination of the orthodox approach to good governance - that sees `good governance' as a precursor for economic growth - has significantly influenced long-term international development funders, informing thinking, policy and practice through its sustained, well-evidenced case that a different set of `developmental' governance capabilities are required for economic growth in developing countries, which in turn serves as an effective catalyst for achieving good governance. The research has resulted in his appointment to a number of high-profile advisory roles for international organisations such as the UN, the World Bank and the Agence Française de Développement (AFD).

Submitting Institution

School of Oriental & African Studies

Unit of Assessment

Anthropology and Development Studies

Summary Impact Type

Societal

Research Subject Area(s)

Economics: Applied Economics
Studies In Human Society: Political Science

Gender diversity on boards: are quotas the answer?

Summary of the impact

Research by Ferreira and colleagues at LSE shows that a gradual approach to gender-balanced boards based on matching of skills to needs is more effective than the imposition of quotas. The impact of this research has been achieved by engaging with practitioners and regulators in formal evidence-based governance debates and consultations. LSE research has informed the debate on how to best achieve gender diversity and played a central part in the UK Government's decision not to impose gender quotas but instead to endorse a self-regulation regime, a position which is gathering support in the EU as well.

Submitting Institution

London School of Economics & Political Science

Unit of Assessment

Business and Management Studies

Summary Impact Type

Societal

Research Subject Area(s)

Commerce, Management, Tourism and Services: Banking, Finance and Investment, Business and Management

Democratising Co-operatives, Charities and Social Enterprises

Summary of the impact

This case study describes the impact of research undertaken within Business and Management on the ownership, governance and management of co-operatives, charities and social enterprises. It describes how developing the concept of communitarian pluralism led to changes in the management and teaching of social enterprise locally, nationally and internationally. We show the impact on professionals, and lecturers and students in other HEIs. We provide evidence that impact activities changed the way organisations and consultancy bodies conceptualise social enterprise, and how this catalysed the formation of an association to advance communitarian pluralist design principles.

Submitting Institution

Sheffield Hallam University

Unit of Assessment

Business and Management Studies

Summary Impact Type

Societal

Research Subject Area(s)

Studies In Human Society: Policy and Administration
Law and Legal Studies: Law

Influencing National and International Policy Towards Corporate Governance and Natural Capital

Summary of the impact

Professor Colin Mayer's research on corporate governance has had a profound impact on regulation, practice and policy regarding the governance of corporations around the world, and the measurement of corporate and national economic performance in the UK. Through policy engagement with the OECD, research carried out by Mayer over the past two decades has had a clear impact on the formulation of governance rules and codes at the international level, including recent discussions to modify the principles since 2012. Mayer's research has had further influence, since 2012, through his membership of the UK Government's Natural Capital Committee. His research on corporate valuation, performance and the role of business in society has also, and continues to change significantly the ways in which both national and corporate accounts incorporate natural capital.

Submitting Institution

University of Oxford

Unit of Assessment

Business and Management Studies

Summary Impact Type

Economic

Research Subject Area(s)

Commerce, Management, Tourism and Services: Banking, Finance and Investment
Law and Legal Studies: Law

Civil Society and Global Governance: Advancing Citizen Participation in Global Politics

Summary of the impact

Global rules and regulatory institutions have major and ever-growing importance in contemporary governance. However, connections between global governance and citizens are often weak, compromising effectiveness and legitimacy. Civil society organisations (CSOs - including Non- Governmental Organisations, business forums, trade unions, think tanks and social movements) offer major potential to link global governance institutions (GGIs) with affected publics. Professor Scholte's sustained programme of research in this area, and related provision of resources and training to international beneficiaries such as the International Monetary Fund (IMF), has had significant social impact in raising both the quantity and the quality of GGI-CSO relations.

Submitting Institution

University of Warwick

Unit of Assessment

Politics and International Studies

Summary Impact Type

Political

Research Subject Area(s)

Studies In Human Society: Political Science
Law and Legal Studies: Law

Governing science and technology responsibly

Summary of the impact

DU research into nanotechnology and geoengineering has used deliberative forms of public engagement involving focus groups with lay publics to explore the complexity of societal concerns about emerging technologies. The results of this research have made a major contribution to the development of a framework of responsible innovation. This framework has been applied to RCUK-funded research, where it led to the withdrawal of the UK's first field trial of a prospective geoengineering technology. This framework has had direct impact on European policy debate and on the UK's Engineering and Physical Science Research Council, which has begun to embed responsible innovation in an operational context.

Submitting Institution

University of Durham

Unit of Assessment

Geography, Environmental Studies and Archaeology

Summary Impact Type

Societal

Research Subject Area(s)

Medical and Health Sciences: Public Health and Health Services
Studies In Human Society: Policy and Administration
Philosophy and Religious Studies: Applied Ethics

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