Governance and different types of value: A framework for analysis

Abstract

Organisational governance should not be detached from its effects. Based on this premise, this paper presents a selection of relevant theoretical elements and normative concerns for the study of governance and its consequences. Specifically, the paper considers a combination of resource integration mechanisms (contract, authority and cooperation) and structures (markets, exclusive structures and inclusive structures). These combinations are analysed along with their key effects with respect to information, knowledge sharing and creation, involvement and empowerment. The paper contributes to the governance literature by identifying criteria for appreciating the diverse ways of integrating and coordinating resources and anticipating the associated effects.