The Doomsday Scenario

As a teenager in 1969, I was on holiday in Perth with my family staying with my father’s parents in their old home. One morning something happened that I remember vividly but I think I have never spoken of before. I was thinking about waking up and drifting in...

Telstra’s Shareholder Value

Hmmm, Telstra has decided not to proceed with its FTTN rollout. Interesting use of the Shareholder Value concept. SpiralPath understands that Shareholder Value is supposed to be a solution to the agency question. That is the “principal” (ie owner) wants to...

Maslow’s Hierarchy

Why do we organise? I’ve been thinking about this question lately. A more fundamental questions is why do we work? A lot of people would laugh at this question with the simple response “we work to earn money.” I was discussing this with a client...

Welcome to The Spiral Path

Welcome! I am pleased to let you know this blog has a new name – The Spiral Path chriscurnow.com has been going through a revamp over the last few months. You may have notice that typing chriiscunow.com into your browser took you to a website about me. I am...

Agency Theory and Shareholder Value

At the complete opposite end of the spectrum from the warm and fuzzy Stakeholder Theory and Corporate Social Responsibility are the cold hard Agency Theory and ‘Shareholder Value’ approaches Agency Theory Agency theory first arose in the 1970s and was apparently...

Origins of CSR and Stakeholder Theory

Origins and development of Corporate Social Responsibility and Stakeholder Theory I’ve wondered for a long time how the belief in Shareholder Value came to dominate corporate thinking. I started reading around this topic to try to understand how this came to be....
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