Research & Insights

Political turmoil in the UK may have the unexpected outcome of putting the importance of multi-stakeholder governance models back on the policy agenda

In his latest post, PDI Project Lead on Broadening Corporate Governance Participation, Tom Powdrill zeroes in on a timely report from Mainstream — a pro-Burnham Labour faction — titled The Productive State: A Framework for Manchesterism. The report makes a supply-side case for public corporations in energy, water, housing, and transport, but what makes it especially relevant to PDI's work is the governance model it proposes: arm's-length operational independence, workers on boards as a foundational design feature, and democratic accountability running outward to workers and communities rather than upward to ministers. As Tom puts it, corporate governance reform is not merely an accountability mechanism, it is a building block of predistribution.