In June 2019 the Risk Coalition published a consultation document of their principles and guidance for board risk committees and risk functions in the UK financial services sector. This draft document entitled "Effective Risk Oversight in a Changing World" was open for public comment until 20th...

Since its publication the book "Corporate Defense and the Value Preservation Imperative: Bulletproof Your Corporate Defense Program" has been critically acclaimed by a host of distinguished corporate commentators.It has received a wide spectrum of positive feedback from an eclectic mix of...

Over the years since airline deregulation five of the remaining U.S. legacy carriers lost money on mergers that cost them a total of $29.6 billion. The combined market cap of these carriers at the end of 2007 was $15.5 billion. In other words, their return on merger investments was -48%. Why?...

During a period of increasing turbulence and uncertainty in the corporate world, this timely paper contains the complete body of work addressed in the quot;Corporate Defense Insights: Dispatches from the Front Linequot; Qamp;A series (individually published at the RiskCenter throughout the...

We examine whether impact investing is more effective in fostering business venture success and social impact when investments are directed toward ventures located in disadvantaged urban areas (that is, areas with high crime, unemployment, and poverty) compared to similar investments directed...

One of the most significant challenges facing family businesses, and therefore the most studied, is how to successfully manage succession from one generation to the next. The purpose of this article is to allow the vast quantity of evidence and experience to be contextualised, and enable a...

Theories of the firm based on agency theory, transaction cost economics, and the nexus of contract conception have gained currency in the past three decades. These theories emphasize the central constitutive role of contracts for firms. Critics have charged that these theories ignore crucial...

quot;Taking Stockquot; explores the place of newspaper journalism in the publicly traded newspaper companies. It does so through an analysis at the level of the firm and the organization of the publicly held business entity and its subsidiaries, analyzing financial operations, organization and...

Prior research has given little consideration to external determinants of knowledge and perspective that may affect directors' ability to contribute to the strategic decision making process. We introduce a framework on board involvement in which the potential for directors to contribute to firm...

The Jumpstart Our Business Startups (“JOBS”) Act of 2012 intends to “help entrepreneurs raise the capital they need to put Americans back to work and create an economy that's built to last.” The goal is to “democratize startups” by making capital available to diverse entrepreneurs in...