I have worked for many years as senior consultant and advisor for the majority of European Pulpamp;Paper companies, the majority of Nordic Packaging and Nuclear companies and other industries, and have found that values corresponding to billions of dollars are destroyed in the industry. Not...

In this study, we examine whether internal control over financial reporting affects firm operational efficiency. We find that operational efficiency, derived from frontier analysis, is significantly lower among firms with material weaknesses in internal control relative to firms without such...

Gegenstand dieses Artikels ist die ungelöste Öffentliche-Guts-Problematik bei der Unternehmenskontrolle von Publikumsaktiengesellschaften.

In this paper we explain the process and policy implications of Japanese firms' adoption of recently reformed corporate governance practices. We use a selective adaptation framework in doing so. We present some qualitative predictions about the possible outcome of their adoption process. One...

How do you build the best board for your organization? What attributes and skills are required by law and what mix of experiences and talents will give you the best corporate governance? What are the commonly required director attributes that are a must for each board and how do you customize...

In crafting their definition of a stakeholder , Post, Preston and Sachs (PPS) paraphrase what they call “Freeman's loose statement” that a “stakeholder in an organization is (by definition) any group or individual who can affect or is affected by the achievement of the activities of an...

We examine the relation between dean turnover and changes in rankings in a comprehensive sample of business schools with ranked MBA programs from 1990-2002. We find little evidence that dean departures are related to changes in a school's overall rank in the U.S. News amp; World Report rankings....

Purpose: The purpose of this article is to provide commentary on the utility of Altman's Z-score as a strategic assessment and performance management tool. This possibility is suggested in the recently published book Measuring Organizational Performance - Metrics for Entrepreneurship and...

To improve the trust of citizens and delivery of services, employing good governance principles in the public sector is very crucial. Despite efforts to improve service delivery, criticisms and complains toward public services remain evident. This study aims to assess the status of good...