“…Mullins 2014has shown that steer towards corporate governance involve a far greater focus on risk management and mitigation, creating difficulties in involving resident representatives at Board level despite the rhetorical commitment to localism and resident involvement (see also Bradley, 2011). Billis (2010) and Mullins, Czischke and van Bortel (2012) use the term 'hybridity' to characterise how housing associations operate in a sphere between state, market, and civil society that require a 'balancing act' (Blessing, 2012, p.205) to reconcile often incompatible sets of rules, for example to provide local accountability; to access private finance; to reassure regulators and to engage with residents.…”