Governance & Leadership
Military service has a lasting impact on individuals’ values and beliefs, significantly shaping how they view conditions like accountability…As it turns out, those ingrained values may be exactly what makes military directors ideal board members — particularly when it comes to holding executives accountable for poor firm performance.
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Recalls can be costly — a conservative estimate suggests a recall can cost about $12 million. One way to limit the negative consequences is to engage in lobbying to lower the penalties, but it begs a greater question: how much should firm managers pay attention to media scrutiny in their decision to lobby?
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When both board power and expertise were present alongside an overconfident CEO, the results were remarkable…
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Corporate board structures have come under greater scrutiny since (at least) the 1990s. The U.S. government has taken steps to review potential problems, such as Securities and Exchange Commission rules…
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In today’s business landscape, there’s a noticeable trend towards inclusion in organizational strategy, referred to as open strategy. Companies are encouraging input from employees at all levels, recognizing the value…
Read MoreScholars and policymakers have highlighted the positive impact of human capital on entrepreneurial activity. Vast attention has also been directed to the beneficial role of pro-market institutions for entrepreneurship. A…
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CEO dismissals are often shrouded in secrecy, controversy, and confusion. And while a company’s profits constitute a fundamental measure of CEO success, poor financial performance can explain CEO firings only…
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If we’ve learned anything from HBO’s smash hit Succession over the last four years, it’s that, as the authors of a new Strategic Management Journal article state, “Even the most powerful individuals do not…
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Salary transparency can reduce the gender pay gap, but it’s key that the cost of publicly monitoring salaries is reduced, according to new research published in Strategic Management Journal. The researchers…
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Voicing one’s political view is no longer a taboo. People’s political ideologies pervade almost every aspect of their lives. For example, researchers have identified that people choose to associate with…
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