The Role of Corporate Governance Failure in the Grenfell Tower Fire

14 Pages Posted: 18 Feb 2021

See all articles by Noor-ul Muzamil Khan

Noor-ul Muzamil Khan

affiliation not provided to SSRN

Paul Haynes

Royal Holloway, University of London; Royal Holloway, University of London

Date Written: February 11, 2021

Abstract

The capacity for crisis perception and to foresee risk is central to project management where responsibility for safety is a central component informing decision making. This article examines the absence of this capacity as a cause and consequence of corporate governance failure. The example of the Grenfell Tower fire is used to illustrate the multiple inflection points within governance structures where relatively minor errors of judgement or inattention to detail individually or collectively undermine their shared purpose. The consequences of minor deficiencies include the risk of compromising the governance framework, misaligning stakeholder objectives, normalising miscommunication, mismanagement and neglect, institutionalising discrimination and, ultimately, eroding the protection measures required to prevent catastrophic events.

Keywords: Governance failure; governance framework, Grenfell Tower fire; stakeholder assemblages

JEL Classification: G3, G34, K12, K22, K41

Suggested Citation

Khan, Noor-ul Muzamil and Haynes, Paul and Haynes, Paul, The Role of Corporate Governance Failure in the Grenfell Tower Fire (February 11, 2021). Available at SSRN: https://ssrn.com/abstract=3783861 or http://dx.doi.org/10.2139/ssrn.3783861

Noor-ul Muzamil Khan

affiliation not provided to SSRN

Paul Haynes (Contact Author)

Royal Holloway, University of London ( email )

Royal Holloway
University of London
Egham, TW200EX
United Kingdom

Royal Holloway, University of London ( email )

Egham Hill
Egham
United Kingdom

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