University of Pennsylvania ScholarlyCommons Departmental Papers (ASC) Annenberg School for Communication 1-1-1999 Public Broadcasting and the Crisis of Corporate Governance Monroe Price University of Pennsylvania,
[email protected] Follow this and additional works at: https://repository.upenn.edu/asc_papers Part of the Communication Commons Recommended Citation Price, M. (1999). Public Broadcasting and the Crisis of Corporate Governance. Cardozo Arts and Entertainment Law Journal, 17 (2), 417-446. Retrieved from https://repository.upenn.edu/asc_papers/119 NOTE: At the time of publication, author Monroe Price was a visiting professor at Cornell Law School. Currently, he is a faculty member of the Annenberg School for Communication at the University of Pennsylvania. This paper is posted at ScholarlyCommons. https://repository.upenn.edu/asc_papers/119 For more information, please contact
[email protected]. Public Broadcasting and the Crisis of Corporate Governance Abstract Throughout the world, the future of public service broadcasting is in doubt. Partly this is a crisis of technology and its challenges to the prior order. Partly this is a crisis of definition and ole.r And partly, this is a crisis of economic organization: the capacity of a sector, because of its culture or its tradition of management, to respond to the needs and opportunities of the moment. There is widely available literature on the relationship between responsiveness and the structure of for-profit corporations, but precious little on the application of governance arguments to the public and non-profit foundation sector. The argument of this Essay, however, is that for public broadcasting to flourish, for new technologies ot provide opportunities for substantial growth in impact, it may be necessary to transform public broadcasters.