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This paper explores an increasingly prevalent element of board-level commitment to sustainability. We propose a theoretical framework under which the existence and associated actions of board-level sustainability committees are motivated by shared value creation, where the interests of a diverse...
Persistent link: https://www.econbiz.de/10012934874
We investigate an increasingly prevalent CEO succession strategy: recruiting CEOs from the board of directors (director-CEOs). Director-CEOs might be hired in a planned succession because they combine outsiders' new perspectives with insiders' firm-specific knowledge. Alternatively, directors...
Persistent link: https://www.econbiz.de/10012971554
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This paper investigates factors associated with high quality Enterprise Risk Management (ERM) programs in financial services firms, and whether ERM quality enhances performance and signals credibility to the financial markets. ERM, developed with the assistance of the accounting profession,...
Persistent link: https://www.econbiz.de/10013115652