Corporate Governance RSS

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

Studies and Reports  Good News for Good Governance in Spain

Pin Arboledas, José Ramón By reducing the size of their boards and increasing the representation of both women and independent directors, companies are increasingly following the recommendations made by Spain's Good Governance Code for Listed Companies. This is highlighted in the 12th annual report on IBEX 35 shareholders' meetings, produced by IESE and Atrevia. Read article

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