Corporate Governance and Maori Organizations in Aoteraroa/New Zealand

Abstract:

The process of the Treaty of Waitangi (Treaty) Settlements has led to significant increases in the level of assets held by Maori organizations. This process of recognition of Maori claims and the limited transfer of ownership and/or control rights is a reference to the rights of Maori as guaranteed in the Treaty of Waitangi of 1840. This paper critiques corporate governance in Maori organizations and the procedures that have been implemented to improve transparency and accountability to kin-based shareholders.