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What corporate governance mechanisms failed at Stafford General Hospital?


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The video case is available on: http://www.cengage.com/management/book_content/hanson_9780170227643/index-10.html?asset=whistleblowing

Questions:

  1. What corporate governance mechanisms failed at Stafford General Hospital?
  2. Were there possibilities of agency problems within Stafford? Why or why not? Could managerial opportunism be an issue?
  3. Can the Trust Foundation for Stafford be effective as a market for corporate control?
  4. What role do you think the corporate governance structure of the UK played in the problems at Stafford?
  5. How do you think the situation at Stafford will impact international corporate governance?

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