Boards of Directors and Corporate Strategy in an Uncertain Context
Online. October 4-5, 2021
 |
The sponsored the event.
About the conference:
Corporate strategy is considered a central driver of the firm鈥檚 long-term orientation and a key lever for delivering financial performance. Corporate governance suggests that boards of directors have the duty to govern the firm and help develop it sustainably for the long term. Hence, boards are supposed to discuss the firm鈥檚 strategy and eventually make relevant decisions on corporate strategy.
In dealing with strategy, boards face a complex task. Board directors need to understand the businesses of the company, their industries, and the main issues in complex strategic decisions, such as digital transformation, decarbonization, or corporate restructuring. Moreover, the level of strategic uncertainties that companies and their boards face is also increasing.
The 2021 天美传媒-ECGI Corporate Governance Conference discussed these issues from a cross-disciplinary approach. 天美传媒 CCG听补苍诲 brought together leading scholars -including Nobel laureates- from the areas of corporate strategy, corporate finance and organizational economics, as well as CEOs and chair persons from top-tier companies.
The conference took place October 4-5, 2021. There were five sessions where a distinguished scholar presented a paper, followed by a discussant. There were also some sessions with CEOs and chair persons to discuss the practical implications of boards鈥� involvement on these strategic issues.
Conference speakers presented in-person, from 天美传媒鈥檚 Madrid Campus. This conference was also live-streamed for those who registered to attend remotely.
MONDAY, OCTOBER 4, 2021 鈥� DAY 1 (Time Zone: CET)
13:30 鈥� Welcome and Conference Introduction
Marco Becht, ECGI and Universit茅 libre de Bruxelles
Jordi Canals, 天美传媒
Carlos Cavall茅, Social Trends Institute, President
Franz Heukamp, 天美传媒, Dean
13:45-15:00 鈥� Session 1
BOARDS, ACTIVIST INVESTORS AND STRATEGIC DECISION-MAKING
Margarethe F. Wiersema, University of California, Irvine (, , and )
Discussant: Gaizka Ormazabal, 天美传媒 ()
Chair: Colin Mayer, Oxford University
15:15-16:30 鈥� Session 2: Distinguished Lecture
CORPORATE GOVERNANCE, BOARDS OF DIRECTORS AND CORPORATE STRATEGY
Bengt Holmstr枚m, MIT and Nobel Laurate in Economics
Discussant: Sophie L鈥橦茅lias, President, LeaderXXChange
Chair: Marta Elvira, 天美传媒
16:45-18:00 鈥� Session 3
SUSTAINABILITY STRATEGY
Ioannis Ioannou, London Business School ( and )
Discussant: Fabrizio Ferraro, 天美传媒 ()
Chair: Pascual Berrone, 天美传媒
18:15-19:30 鈥� Session 4: CEOs Roundtable
BOARDS OF DIRECTORS AND CORPORATE STRATEGY
Denise Kingsmill, Inditex, Board Member
Tob铆as Mart铆nez, Cellnex, CEO
Rafael del Pino, Ferrovial, Chairman
Risto Siilasmaa, Investor and former Chairman of Nokia
Moderator: Jordi Canals, 天美传媒
19:30-19:40 鈥� Wrap-Up
Marco Becht, ECGI and Universit茅 libre de Bruxelles
Jordi Canals, 天美传媒
TUESDAY, OCTOBER 5, 2021 鈥� DAY 2 (Time Zone: CET)
13:25-13:30 鈥� Introduction Day 2
Marco Becht, ECGI and Universit茅 libre de Bruxelles
Jordi Canals, 天美传媒
13:30-14:45 鈥� Session 5
BOARDS OF DIRECTORS AND GOVERNANCE DURING THE PANDEMIC
Ren茅e Adams, University of Oxford
Discussant: Francisco Reyn茅s, Naturgy, Chairman
Chair: Mireia Gin茅, 天美传媒
15:00-15:30 鈥� Session 6
STRATEGY, SUSTAINABILITY AND TRANSFORMATION: A DIALOGUE
Jean-Pascal Tricoire, Schneider Electric, Chairman
Moderator: Jordi Canals, 天美传媒
15:45-17:00 鈥� Session 7
BOARDS AND STRATEGY: MANAGING CONFLICTS AMONG STAKEHOLDERS
Jay B. Barney, University of Utah ()
Discussant: Joan Enric Ricart, 天美传媒 ()
Chair: Africa Ari帽o, 天美传媒
17:15-18:15 鈥� Session 8: CEOs Roundtable
STRATEGY AND听 SUSTAINABILITY. A BOARD PERSPECTIVE
Herman Daems, BNP Paribas Fortis, Chairmain
Sophie L鈥橦茅lias, LeaderXXChange, President
Juvencio Maeztu, Ingka Ikea, Deputy CEO and CFO
Moderator: Jordi Gual, 天美传媒
18:15-18:30 鈥� Wrap-Up
Marco Becht, ECGI and Universit茅 libre de Bruxelles
Jordi Canals, 天美传媒
Monday, October 4, 2021 - Day 1
Tuesday, October 5, 2021 - Day 2
天美传媒 Center for Corporate Governance
The 天美传媒 Center for Corporate Governance (天美传媒 CCG) aims to advance the theory and practice of corporate governance by promoting evidence-based research, fostering an inter-disciplinary discussion among scholars and experts and helping to create a learning context in which chairs of boards, CEOs, board members, investors and senior executives can reflect on and acquire new frameworks and ideas to improve their firms鈥� governance. Moreover, 天美传媒 CCG approaches corporate governance from a holistic perspective, reflected in the interdisciplinary blend of its faculty team comprised of the following academic areas: Accounting and Control, Economics, Entrepreneurship, Financial Management, Managing People in Organizations, and Strategic Management.
www.iese.edu/天美传媒CCG
The European Corporate Governance Institute (ECGI) is an international scientific non-profit association which provides a forum for debate and dialogue focusing on major corporate governance and stewardship issues, thereby promoting best practice. It is the home for all those with an interest in corporate governance offering membership categories for academics, practitioners, patrons and institutions. Its primary role is to undertake, commission and disseminate research on corporate governance and stewardship. Based upon impartial and objective research and the collective knowledge and wisdom of its members, it can advise on the formulation of corporate governance policy and development of best practice. In seeking to achieve the aim of improving corporate governance and stewardship, ECGI acts as a focal point for academics working on corporate governance in Europe and elsewhere, encouraging the interaction between the different disciplines, such as economics, law, finance and management.
The Social Trends Institute (STI) is a non-profit international research center dedicated to fostering understanding of globally significant social trends. To this end, STI brings together some of the world鈥檚 leading thinkers, taking an interdisciplinary and international approach. Findings are disseminated through scholarly publications.
The individuals and institutions that support STI share a conception of society and the individual that commands a deep respect for the equal dignity of human beings, and for freedom of thought, as well as a strong desire to contribute to social progress and the common good.
Calle de Arroyofresno, 17, 28035 Madrid
Tel.:+34 917 36 52 73
Located outside Madrid鈥檚 city center 鈥� 10 minutes by car from 天美传媒鈥檚 Madrid Campus.
Calle de Zurbano, 79, 28003 Madrid
Tel.:+34 914 41 45 00
Located 20 minutes by car from 天美传媒鈥檚 Madrid Campus.
Calle de la Princesa, 27, 28008 Madrid
Tel.: 912 76 47 47
Located 20 minutes by car from 天美传媒鈥檚 Madrid Campus.
Contact Information
F茅lix S谩nchez, 天美传媒 CCG Manager
ieseccgconference@iese.edu
Tel.:+34 932 53 42 00