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Governance Archives - Ideas for Leaders

Why Supervisors Are the Keys to Preventing Employee Misconduct

A new study of employee misconduct in the financial services field reveals that supervisors have the most significant impact—negative or positive—on employee misconduct in their firms.  Based on 10 years of data from broker-dealer investment firms, the study by Zachary Kowaleski of University of Notre Dame’s Mendoza College of Business, Andrew Sutherland of the MIT Sloan School […]

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Stakeholder Value: Best for Everyone or Just Poor Performers?

In 2019, 181 CEOs signed a Business Roundtable Statement on the Purpose of a Corporation. The statement reflected a growing sentiment in corporate governance attitudes that the purpose of a corporation extends beyond maximizing shareholder value to maximizing the value for the benefit of all stakeholders—which according to the Statement include “customers, employees, suppliers, communities […]

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Advertising Bolsters Firm Value after Shareholder Complaints

Shareholders can submit complaints to publicly-traded companies on a broad range of topics, including poor financial performance, poor governance, dissatisfaction with the firm strategy, or a controversial change in leadership, to name but a few. These complaints are then discussed at the next meeting.  Complaints from shareholders are likely to have a negative impact on […]

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Promotion-Focus CEOs and CFOs Drive Strategic Growth

In the language of psychology, individuals who are more afraid of missing opportunities than taking risks are considered promotion-focused. Their counterparts are individuals who are more afraid of taking risks than missing opportunities; these are prevention-focused individuals.  A study of U.S CEOs and CFOs (the latter considered the second most influential executive in strategic decisions) […]

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What If Amazon Had Chosen Atlanta? Implications on Community and Corporate Identity

From its founding, Amazon has been a socially liberal company, notable for its active involvement in LGBTQ issues. Its Seattle, Washington headquarters is embedded in the Northwest, a socially liberal part of the country. Embeddedness refers to an employee’s ties and connections to a company (on-the-job embeddedness) or to a community in which the company […]

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CEOs-Gender-biased Formative Years Has a Negative Economic Impact

New research into the personal history and decisions of division managers, CEOs and directors of nearly 360 S&P 1500 industrial conglomerates reveals the extent of the gender bias that exists in large corporations, and highlights some of the surprising origins of the bias. Specifically, the in-depth study led to the following findings: 1. CEOs are […]

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