Colin Mayer, Peter Moores Professor of Management Studies at Saïd Business School, University of Oxford, has been appointed Commander of the Order of the British Empire (CBE) in the New Year’s Honours list 2017 for services to business education and the administration of justice in the economic sphere.
‘It is a huge honour to receive this recognition,’ said Professor Mayer. ‘We are a young school and I’m tremendously proud of how far we have come and the achievements we have made in the 21 years since the school delivered its first MBA programme.’
Professor Mayer, the first professor at Oxford Saïd and former Dean of the School, is an expert on all aspects of corporate finance, governance and taxation, the regulation of financial institutions, and the role of the corporation in contemporary society. His outspoken book Firm Commitment: Why the Corporation is Failing Us and How to Restore Trust in It revealed the level of erosion and trust in our economic and financial institutions and placed the corporation at the centre of this failure. He argues that the corporation is no longer serving the interests of society at large and he calls on policy-makers and senior business figures to implement reform. Professor Mayer is a Fellow of the British Academy. His honours also recognize his work on the Competition Appeal Tribunal.
His most recent research is a collaborative project with the Mars Corporation exploring mutuality as a business model and the principle of fair distribution of the burdens and benefits of a firm’s activities. The concept looks to expand managerial focus beyond simple profit to take into account the full cost and potential benefit for business, society and the planet in addressing the new forms of scarcity – human, social and environmental.
‘This current research programme, as well as many others that are being undertaken at the school, will be fundamental in developing innovative programmes that seek to embed responsible, inclusive capitalism in business school education, and it will be instrumental in educating a new generation of business leaders,’ concluded Professor Mayer.
‘We are proud of the pathbreaking work that Colin has been leading and delighted that his achievements have been acknowledged. Now more than ever, we need to rigorously advance new models of business, and Colin’s work is stimulating scholars and practitioners to think more deeply about the role of the corporation,’ commented Peter Tufano, Peter Moores Dean of Oxford Saïd.
How Colin Mayer’s research is changing the way we look at firms