Politics in the Boardroom: Corporate Pay, Networks and Recruitment of Former Parliamentarians, Ministers and Civil Servants in Britain.

This article explores an important aspect of post-career earnings in public life in Britain: membership of corporate boards by former parliamentarians, ministers and civil servants. It attempts to determine whether this group represents a distinct group within the wider network of interlocking corpo...

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Publicado en:Political Studies Vol. 61; no. 4; pp. 850 - 874
Autores principales: González-Bailon, Sandra, Jennings, Will, Lodge, Martin
Formato: Artículo
Publicado: Sage Publications Inc. Dec2013
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Dec2013
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        atl: Politics in the Boardroom: Corporate Pay, Networks and Recruitment of Former Parliamentarians, Ministers and Civil Servants in Britain.
      aug:
        au:
          González-Bailon, Sandra
          Jennings, Will
          Lodge, Martin
        affil:
          University of Oxford
          University of Southampton
          London School of Economics and Political Science
      su:
        United Kingdom
        Public officers
        Boards of directors
        Politicians
        Social network analysis
        Employment
        Corporate directors
        Public-private sector cooperation
        Social conditions in Great Britain, 1945-
      sug:
        subj:
          Public officers
          Boards of directors
          Politicians
          Social network analysis
          Employment
          United Kingdom
          Corporate directors
          Public-private sector cooperation
          Social conditions in Great Britain, 1945-
      keyword:
        high public officials
        interlocking directorships
        network analysis
        post-career rewards
        high public officials
        interlocking directorships
        network analysis
        post-career rewards
      ab: This article explores an important aspect of post-career earnings in public life in Britain: membership of corporate boards by former parliamentarians, ministers and civil servants. It attempts to determine whether this group represents a distinct group within the wider network of interlocking corporate directorships in the UK. Further, it investigates the characteristics of those individuals who obtain appointments as non-executive directors to the boards of FTSE-listed companies after service in parliament and/or government. The analysis uses data on board membership and pay in Britain for more than 700 companies listed on the London Stock Exchange and over 7,500 directors and 1,000 former parliamentarians, government ministers and civil servants. The findings suggest that although this group is represented in the wider corporate network, these individuals are not more central than other directors and do not receive significantly different compensations once industry sector, experience and board role are controlled for. This article offers a novel insight into the interconnectedness of the public sphere and the corporate world.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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