This toolkit provides insights into three key questions for regions in transition. - How to build effective governance models? - How to design and implement stakeholder engagement processes? - What role does social dialogue play in the governance of the transition? - How to increase the role of...

This thematic report presents observations on the governance of R&I policies when applying a whole of government Approach (WGA). It finds that governance structures can take very different forms, depending on the historical and institutional context of the administrative systems in question. As...

Soccer and sports have developed into a commercial venture and the self-governing nature of Global Sports Organizations (GSOs), especially that of FIFA, is not fit for purpose in the 21st century. The work examines whether the doctrine of “specificity of sport” justifies the unaccountable...

Purpose - The aim of this research is to analyze empirical evidence of the effect of governance structure (GS) on perceived success of the succession process. It is also reported that in India, family firms have a more informal organization structure and governance and have an informal and...

How can non-profit organizations improve their governance to increase their social impact? This study examines the effectiveness of a bundle of governance mechanisms - consisting of social performance-based incentives combined with auditing and feedback - in the context of a randomized...

We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services. There is a large variation in management practices, which are highly correlated with productivity, profitability and size. Uniquely, the survey collects firms' micro forecasts of...

In this study we researched the relationship between international diversification and performance in family firms in an emerging economy. Likewise, from the perspective of the governance structure, we investigated non-linear relationships between business group membership, concentration of...

Geteilte Führung bezeichnet die Verteilung von Verantwortung und Führung auf unterschiedliche Akteur:innen. Die beiden Autoren beschreiben wissenschaftlich fundiert und praxisnah, was das Modell Shared Leadership bedeutet, warum es immer wichtiger wird und welche Vorteile es bietet. Sie...

The Second World War II (WWII) was arguably one of the largest shocks to the U.S. economic and production system in history. Historians, business historians, and economists have largely discussed the stimulus that WWII had on U.S. technological advancements. However, its effect on U.S....

From Elihu Thomson and Herbert Dow in the late nineteenth century to Steve Jobs a hundred years later, many entrepreneurs have been stymied by their investors. In this paper, we use a simple model to explore how outcomes might have been different if entrepreneurs, instead of the investors, had...

Does corporate governance structure matter for firm value? We develop a model in which the allocation of control rights between shareholders and managers (“governance structure”) affects managers' incentive to invest (strong governance tightens managerial freedom and weak governance loosens...

This paper examines how changes in local political leadership affects firms' governance structure. Using a novel data set, I document that following the appointment of a new city-level Chinese Communist Party (CCP) secretary, local firms increase (decrease) the fraction of directors who share a...

We study the impact of board reforms implemented in 40 countries worldwide on corporate dividend policy. Using a difference-in-differences analysis, we find that firms pay higher dividends following the reforms. The increase in dividend payouts is more pronounced for firms with weak board...

Objective: The objective of the article is to determine the effect of governance structure components (audit committee presence, board size adequacy, and board leadership) on SMEs’ performance and the moderating effect of chief executive officer (CEO) tenure on the influence of governance...

How should decision-making be organized in entrepreneurial teams when founders exhibit confidence biases? New ventures are commonly founded by teams of entrepreneurs, who must employ a decision-making structure that implicitly or explicitly defines how individual beliefs are aggregated into team...

This paper constructs a simple model to reveal the trade-off between decentralized and centralized governance structure of large state-owned enterprises (SOEs) in China. Our model shows that the delegation of decision making authority to SOE managers would enhance their initiative in terms of...

We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for new firm cohorts but locked it in for incumbents. Rejecting the canonical hold-up prediction - that increasing...