About Dr Shann Turnbull
Dr Shann Turnbull’s research interests include: Governance in public, private and non-profit sectors; Theory of the firm and social organizations; Urban finance; Self-financing economic development: Alternative currencies and Heterodox (cash flow) economics.
Dr Shann Turnbull has over 60 of his academic papers posted with over 88,000 scholars in the Social Science Research Network web pages. He is the highest ranked Australian scholar measured by the number of papers downloaded and is ranked in the top 0.2% internationally. Two articles were selected to be re-published in 2000 with the seminal contributions of overseas scholars in the Corporate Governance volume of The History of Management Thought.
Dr Turnbull has founded a number of enterprises with three being listed on the stock exchange. He has been Chairman and/or Chief Executive of other publicly traded corporations. Control of 12 companies was obtained with six partners from 1967 to 1974 through the stock market with each company being re-organised. Dr Turnbull has been the recipient of four awards from the UK based Institute for Social Inventions in 1986, 1993 & 1994 as pictured in FaceBook.
In 1971 he initiated the idea of a qualification for company directors and in 1975 became a founding author of the first education course in the world to provide a Diploma for company directors. He was also commissioned by the Company Directors Association of Australia to write Democratising the Wealth of Nations to introduce employee ownership to Australia. Since writing his 1975 book, his activities and research has been focused on reforming the theory and practice of capitalism as described in hundreds of articles that can be located by a Google search of his name. He has contributed chapters to over 30 books and wrote A New Way to Govern: Organisations and society after Enron for the UK based New Economics Foundation to provide an alternative to government or investor ownership and control.
Teaching and research has been an avocation of Dr Turnbull during his business career beginning as a tutor at Melbourne University in 1965 and lecturing to MBA students at the University of NSW from 1966-71. He was guest faculty for a Special Interest Group in Urban Settlements at MIT in 1987. His Australian Parliamentary Papers 138/1977 and 435/1978 on Economic Development of Aboriginal Communities in the Northern Territory introduced a new system of economic analysis and a new framework for social analysis that was later developed into his PhD Thesis. He created and taught a Corporate Governance elective for the Macquarie University MBA in 2003/4 and lectured at the University of NSW in 2007. He is Fellow of the International Institute for Corporate Governance and Accountability, George Washington University, Law School and is on the editorial advisory boards of academic journals and is a referee.
Selected publications
2008
Journal Article/s
Turnbull, S. 2008, ‘Why emerging countries should not follow US and UK audit practices’, in The Icfai Journal of Audit Practice, Icfai University Press, January, Vol. V, No 1, pp. 36–46, http://papers.ssrn.com/abstract_id=959332.
Book Chapter/s
Turnbull, S. 2008, ‘Corporate Governance: Theories, Challenges, Paradigms’, in T. Clarke and M. dela Rama, Fundamentals of Corporate Governance Volume 1 Ownership and Control, London: Sage Publications, pp 40–78, http://papers.ssrn.com/paper.taf?abstract_id=221350.
Turnbull, S. 2008 (Forthcoming), ‘Financing urban communities with sustainable energy dollars’, in Urban Energy Transition, Peter Droege, (ed.), pp.121–40, Elsevier Science Publishers, Oxford, http://papers.ssrn.com/abstract_id=980027.
Turnbull, S. 2008, (Forthcoming), ‘Muddled Auditing Practices’ in New Vista for Audit Committees, Icfai University Press, Hyderabad.
Professional Article/s
Turnbull, S. 2008, ‘Why Corporate Governance Reform is Failing’, Keeping Good Companies, Chartered Secretaries Australia, February, 60:1, pp. 55–8, Sydney.
Published Letter/s
Turnbull, S. 2008, ‘The sack at the big end of town, The Australian Financial Review, Letters, Thursday, January 24th, p. 59.
Turnbull, S. 2008, ‘Foreign investors are overpaid’, The Australian Financial Review, Letters, Tuesday, February 12, p. 65.
2007
Journal Article/s
Turnbull, S. 2007, ‘A framework for designing sustainable urban communities’, Kybernetes: The international journal of systems, cybernetics and management science, Special Issue on “Cybernetics and Design”, Guest Editor, Ranulph Granville, pp. 1543–57, October http://papers.ssrn.com/abstract_id=960193.
Turnbull, S. 2007, ‘Analysing Network Governance of Public Assets’, Corporate Governance: An International Review, Volume 15, Issue 6, December, pp 1079–89, http://papers.ssrn.com/abstract_id=786805.
Book Chapter/s
Turnbull, S. 2007, ‘Affordable Housing Policy: Not identifiable with orthodox economic analysis, in Heterodox Economic Perspectives on Contemporary Issues: Proceeding Refereed Papers, Sixth Australian Society of Heterodox Economists Conference, 10-11 December, The University of New South Wales, Sydney, Australia, ed. Lynne Chester and Michael Johnson, 373–86, http://papers.ssrn.com/abstract_id=1027864.
Turnbull, S. 2007, ‘Men Behaving Badly in Banking: Revealing the Irrelevance of Best Practices in Corporate Governance’, in URL of Governance, Risk and Compliance Handbook: Technology, Finance, Environmental, and International Guidance and Best Practices, Anthony Tarantino, ed. Wiley & Sons, New York, http://papers.ssrn.com/abstract_id=966431.
Conference Paper/s
Turnbull, S. 2007, ‘Self-financing development’ presented to Global Finance Conference, Melbourne, April 2, http://papers.ssrn.com/abstract_id=959341.
Turnbull, S. 2007, ‘Why emerging countries should not follow US and UK audit practices’ presented to Global Finance Conference, Melbourne, April 3, http://papers.ssrn.com/abstract_id=959332.
Turnbull, S. 2007, ‘Capturing competitive advantages from Employee Ownership’ presented to the Annual Convention of the Australian Human Resources Institute, Sydney Convention Centre, June 5.
Turnbull, S. 2007, ‘Why emerging countries should not follow US and UK audit practices’ presented to the 19th Annual conference of the Society for the Advancement of Socio-Economics, Copenhagen, June 29, http://papers.ssrn.com/abstract_id=959332.
Turnbull, S. 2007, ‘Grounding Economics in Commercial Reality: A cash-flow paradigm’ presented to the 19th Annual conference of the Society for the Advancement of Socio-Economics, Copenhagen, June 29, http://ssrn.com/abstract=946033.
Turnbull, S. 2007, A Framework for Analysing Network Governance of Public Assets’ presented to the 5th Annual International Corporate Governance Conference, University of Birmingham Business School, July 2, http://papers.ssrn.com/abstract_id=786805. [Paper obtained “Highly Commended” award presented by Sir Adrian Cadbury]
Turnbull, S. 2007, ‘The Theory and Practice of Government De-regulation’ presented to the 2nd Cambridge University Conference on Regulation, Inspection & Improvement, Centre for Business Research, Judge Business School, University of Cambridge, September 12th. http://papers.ssrn.com/abstract_id=1008453.
Turnbull, S. 2007, ‘Affordable Housing Policy: Not identifiable with orthodox economic analysis’, presented to the 6th Annual Conference of Heterodox Economics, University of NSW December 11th, http://papers.ssrn.com/abstract_id=1027864.
Seminar paper/s
Turnbull, S. 2007, ‘The Theory and Practice of Government De-regulation’ presented to the staff of the UK Financial Reporting Council, Thursday, August 13th, London.
Submissions to Government
Turnbull, S. 2007, ‘Streamlining Prudential Regulation with Self-enforcing Co-regulation’, February 14, to Australian Treasury Inquiry into “Rethinking Regulation Project”, http://www.treasury.gov.au/documents/1251/PDF/Shann_Turnbull.pdf .
Turnbull, S. 2007, ‘Inquiry into shareholder engagement and participation’, September 29th, Australian Joint Parliamentary Committee on Corporations and Financial Services, http://www.aph.gov.au/senate/committee/corporations_ctte/sharehold/submissions/sub23.pdf.
Professional article/s
Turnbull, S. 2007, ‘Auditor Independence’, Corporate Secretary Journal, pp.16−8, The Hong Kong Institute of Chartered Secretaries, Hong Kong, January.
Turnbull, S. 2007, ‘Halving the cost of housing: From public expenditure on infrastructure’ Australian Fabian News, 47:1, January – March, pp 12−3, Melbourne.
Turnbull, S. 2007, ‘How can auditors lie about being independent?’ Corporate Governance Quarterly, Chartered Secretaries Canada, Spring, pp. 12–14, Ontario.
Turnbull, S. 2007, ‘Buried Alive’, SuperFunds, Australia Super Funds Association, April, No. 312, pp. 35−7, Sydney.
Turnbull, S. 2007, ‘Empowering Auditors’, The Accounting World, The Icfai University Press, Hyderabad.
Turnbull, S. 2007, ‘Borrowing from the laws of Nature’, Company Director, Australian Institute of Company Directors, 23: 10, November, pp. 54, 56, 57, Sydney.
Published Letter/s
Turnbull, S. 2007, ‘A cloud cover for Auditors’, The Australian Financial Review, Thursday, January 4, p.43.
Turnbull, S. 2007, ‘An incentive likely to pay dividends’, The Australian Financial Review, Thursday, March 29, p.54.
Turnbull, S. 2007, Harvard Business Review, April, 2007. Response to Michael Porter and Mark Kramer article of December 2006 http://harvardbusinessonline.hbsp.harvard.edu/hbsp/hbr/articles/article.jsp?ml_subscriber=true&ml_action=get-article&ml_...
Turnbull, S. 2007, ‘Public disclosure is essential’, The Australian Financial Review, Thursday, May 8, p.59.
Turnbull, S. 2007, ‘Investors want fresh start from regulator’, The Australian Financial Review, Friday June 15, p.95.
Turnbull, S. 2007, ‘Transparency flaws in PPPs’, The Australian Financial Review, Friday Wednesday, December 5, p. 59.
Turnbull, S. 2007, ‘CEO succession needs internal focus’, The Australian Financial Review, Wednesday, December 12, p. 52.
