Corporate Governance RSS

Studies and Reports  Women Gain Ground on the Boards of Directors of Both Family and Non-family Businesses in Spain

Tàpies, Josep; Marchal, Marc In a little more than a decade, women have gained considerable ground on the boards of directors of listed Spanish companies. So how does this progress compare for family and non-family businesses? A recent trend may surprise you. Read article

Research Papers  How "Family First" Works Out for All Shareholders

Martin, Geoffrey; Gómez-Mejía, Luis R.; Berrone, Pascual; Makri, Marianna Family firms tend to get a bad rap from non-family shareholders. Many pro-family decisions are thought to run against minority shareholders' interests, creating contentious boards. But research co-authored by IESE's Pascual Berrone paints a different picture, one in which "family-first" often means pursuing long-term goals that benefit all. Read article

Studies and Reports  Bumping Up Against a Glass Ceiling on Spanish Boards

Atrevia; ICWF - Centro Internacional Trabajo y Familia Cellnex Telecom was the only public company tracked by Spain's benchmark IBEX-35 index that had no female directors as of February 2017. Although Cellnex has announced plans to rectify this, achieving gender diversity on Spain's boards has been slow -- with female representation climbing only a token 1.1 percent last year. Read article
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