International Corporate Responsibility Series

Volume 4, 2009

A Survey of International Corporate Responsibility

Corporate Governance in IDOM
An Example of a Corporate Polity

Aristotle indicates that although a monarchy is the best form of government in theory, in practice, a polity (“mixed regime”) is best. IDOM Engineering Consultancy is presented as an example of a “corporate polity.” In this case study, stories and rationales behind the institutionalization of worker participation in ownership and management are discussed. Arguments in favor of the corporate common good as the firm’s overarching concern are proffered. Legal challenges as well as those arising from the company’s growth and overseas expansion are studied.