Shareholder Rights, Boards, and CEO Compensation

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Emerging technologies such as artificial intelligence, gene editing, nanotechnology, neurotechnology and robotics, which were originally unrelated or separated, are becoming more closely integrated. Consequently, the boundaries between the physical-biologi ...

Emerging smarter eco-cities, inherently intertwined with environmental governance, function as experimental sites for testing novel technological solutions and implementing environmental reforms aimed at addressing complex challenges. However, despite sign ...

The concept of sustainability is growing in importance for local urban governance, and indicator-based assessments represent a popular means for its operationalization. While much effort has been spent developing the technical aspects of these assessments, ...

Some governance functions traditionally performed by humans are increasingly informed and sometimes automatically executed by machine learning algorithms (governance by machine learning) to benefit society. Therefore, it is necessary to think also about th ...

Common property summer pastures constitute longstanding evidence that the tragedy of the commons can be prevented through self-organization. As a byproduct of their sustainable governance, high nature value farming systems with well-integrated patchy lands ...

Given the urgency of deploying all possible ways to combat climate change, and in light of lessons learned from the Covid-19 pandemic outbreak that it was a mistake to ignore signals and not prepare for worst-case scenarios, this article suggests that tech ...

One effect of the COVID-19 crisis has been to require policymakers to go through the various stages of the risk governance process under conditions of high stress and compressed timescales. In this article we use our risk governance framework to outline th ...

When governments act as owners of state-owned enterprises (SOEs), they are both principal and agent at the same time. The literature on steering SOEs has mainly focused on the government as the principal that must control SOEs. However, the government is a ...

The unique “Swiss way” of association with the European Union (EU) has received increasing attention in light of recent events such as Brexit as it is based on sectoral agreements without an overarching institutional framework. As such, Europeanization of ...

Blockchain and distributed ledger technologies (DLTs) have the capacity to improve how many companies and organizations conduct transactions or store information securely, among many other potential benefits. However, their development and implementation d ...

The concept of Mobility-as-a-Service (MaaS) has the potential to help break away from the current automobility system of private car ownership towards a more sustainable 'post-car' system. While technology undoubtedly plays an important role in the develop ...

We use a dynamic model of financing decisions to measure agency conflicts for a large panel of 12,652 firms from 14 countries. Our estimates show that agency conflicts are large and vary significantly across firms and countries. Differences in agency confl ...

This paper is set out to establish the foundations for developing a framework to assess the potential impact of social policy innovation to contribute to the debate on the future of welfare systems. This calls in fact for monitoring the evolution of social ...

On January 12 2010, Haiti was hit by an earthquake of 7.2 on the Richter scale. Close to 220,000 persons died, more than 300,000 were wounded and almost two other million were displaced. The earthquake¿s epicenter was actually several kilometers away the c ...

The concept of governance is generally understood to be the creation of a structure or an order that results from the interaction of a multiplicity of governing mechanisms and actors influencing each other. The notion is increasingly criticized mainly beca ...

The paper discusses from a conceptual standpoint the need for renewing the lenses through which looking at the phenomenon of ICT-enabled innovation in governance and policy-making, suggesting that a possible ‘new theory of public sector innovation ́ should ...

This dissertation consists of three chapters. The first chapter examines whether the availability of credit default swaps (CDS) has consequences for creditor governance. CDSs offer creditors the opportunity to hedge credit risk and may impact their willing ...

Based on extensive qualitative research, this article analyzes the governance of competition in European railways and relates this to their performance via five case studies covering the Netherlands, France, Germany, Sweden and the UK. Even though some tre ...

We study changes in chief executive officer (CEO) contracts when firms transition from public ownership with dispersed owners to private ownership with strong principals in the form of private equity sponsors. The most significant changes are that a signif ...

Italy is a multi-level polity where policymaking and implementation involves both public and private actors. Both territorial and functional decentralisation have an impact on the final results of policy making. In fact, territorial decentralisation implie ...

Shareholder Rights, Boards, and CEO Compensation

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