Center for Corporate Governance
Center for Corporate Governance
President: Jordi Canals
Stay informed about the latest news, publications, and events promoted by the Center for Corporate Governance.
- In our November newsletter, Professor Gaizka Ormazabal shares his thoughts on some of the main issues that directors need to be aware of in order to implement the Corporate Sustainability Reporting Directive. Read more听.
- 2024 天美传媒 鈥� ECGI Corporate Governance Conference听The听2024 天美传媒 鈥� ECGI Corporate Governance Conference, Towards a New Model of Boards of Directors, took place on听April 15, 2024听at 天美传媒鈥檚 Madrid campus. Know more about the event听here.
- What Should Boards Prioritize in 2024?听The latest edition of the听天美传媒 Survey on Boards of Directors听addresses four key challenges for boards: implementation of corporate purpose and culture; board competencies and dynamics; CEO leadership development and succession planning; and business strategy and the impact of geopolitics. Read the full study听here.
- Boards of directors should seek to understand and govern artificial intelligence since it has the potential to change many companies鈥� competitive positioning while providing opportunities to accelerate productivity and efficiency. Some reflections on this topic can be found in the November newsletter of the Center. Read听.
- 听A new global study conducted by 天美传媒鈥檚 Gaizka Ormazabal and Igor Kadach, together with Shira Cohen of San Diego State University and the University of Mannheim鈥檚 Stefan Reichelstein, looks at the prevalence of ESG-linked pay for executives, and where and which companies are adopting the practice. The research examines the role of institutional investors in encouraging ESG pay, as well as its impact on firm performance. Read more听.
- 听A growing body of empirical evidence ties common ownership to reduced competition, and research recently published in the Journal of Political Economy by 天美传媒鈥檚 Miguel Ant贸n and Mireia Gin茅, with Florian Ederer of Boston University and Martin Schmalz of the University of Oxford, connects the dots between CEO compensation, increased common ownership of public companies, and incentives that discourage aggressive competition. Read more听.
- A recent article by Professor Jordi Canals, posted on the Harvard Law School Forum on Corporate Governance, discusses the need of a new governance model guided by purpose where shareholders, boards of directors and senior managers are fully aligned to develop companies for the long term. This post is based on his book Boards of Directors in Disruptive Times听(Cambridge University Press, 2023), which has recently received the Joan Sard脿 Dexeus 2023 Award in the category of best book on Economics and Business. Read the full article听.
- 听Professors Jordi Canals and Gaizka Ormazabal participated in the conference 鈥�Perspectives on Corporate Purpose鈥� organized by the European Corporate Governance Institute (ECGI) that took place in Copenhagen last September 21, 2023. The conference was part of the Corporate Purpose pillar of ECGI鈥檚 Responsible Capitalism Initiative and consisted of 5 sessions where academics and practitioners examined the opportunities and challenges presented by corporate purpose and the evidence of its contribution to business success, investor performance and wider societal and environmental interests. Watch the sessions of the event听.
- 听Former Singaporean Minister George Yeo, with Professor Jordi Canals, offered a session on听鈥淭he future of China and US rivalry and its impact on companies鈥�,听which was part of the 天美传媒 Alumni Learning Program. In the session, that took place in Barcelona last October 19, 2023, Mr. George Yeo gave some useful insights to better understand China, the growing geopolitical conflict with the U.S. and its effects on the global business landscape.
- 听Professors Xavier Vives and Jos茅 Azar have been awarded the 2023 Intesa Sanpaolo Finance Prize for their paper听鈥淩evisiting the Anticompetitive Effects of Common Ownership鈥�.
- 天美传媒 Professor Nuno Fernandes has recently published Climate Finance, a book where he offers a useful guide to address climate-related financial issues, risks and opportunities and disentangles the complex layers of decision-making around it.
- 听This survey aims at understanding how board directors analyze and work on four relevant themes for the quality of corporate governance and the effectiveness of boards of directors: corporate purpose, culture, strategy and board engagement.
- Boards of Directors in Disruptive Times.听It鈥檚 high time to do better, asserts 天美传媒 Professor Jordi Canals in his 2022 book, Boards of Directors in Disruptive Times: Improving Corporate Governance Effectiveness. In 10 chapters, Canals offers a detailed analysis explaining why the prevailing model of corporate boards is falling short in our current era of accelerated change and radical transformation.
