There are potentially two prongs of investigation here. One would be changing the fundamental way that organizations are structured; this topic is explored eloquently in this cold-takes post, and I agree it seems very promising (although I don’t know much about it).
Another side to “improving corporate governance” might include efforts to encourage corporate adoption of assorted management / forecasting / decisionmaking techniques at lower levels—not fundamentally changing the shareholders/board/CEO/etc structure, but perhaps exploring things like using prediction markets in various contexts. The benefit here would be twofold: first, by improving corporate decisionmaking, we would be spreading better management technology and marginally increasing economic growth. Second and more importantly, corporate adoption of innovative new mechanisms (quadratic voting might also be relevant here, and I’m sure there are others), we help mature those mechanisms to the point that they become easier for other organizations including governments to start using.
There are potentially two prongs of investigation here. One would be changing the fundamental way that organizations are structured; this topic is explored eloquently in this cold-takes post, and I agree it seems very promising (although I don’t know much about it).
Another side to “improving corporate governance” might include efforts to encourage corporate adoption of assorted management / forecasting / decisionmaking techniques at lower levels—not fundamentally changing the shareholders/board/CEO/etc structure, but perhaps exploring things like using prediction markets in various contexts. The benefit here would be twofold: first, by improving corporate decisionmaking, we would be spreading better management technology and marginally increasing economic growth. Second and more importantly, corporate adoption of innovative new mechanisms (quadratic voting might also be relevant here, and I’m sure there are others), we help mature those mechanisms to the point that they become easier for other organizations including governments to start using.