Garry D. Bruton

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    Exporters to countries that value CEO power will have more powerful CEOs

Exporters to countries that value CEO power will have more powerful CEOs

Silicon Valley from above, by Patrick Nouhailler, under a CC-BY-SA-2.0 licence
Corporate governance scholars have long argued that a board of directors can serve a legitimising role for their organisation. But strong CEO power, in their view, can be de-legitimating because of its non-compliance with “good governance” principles.
By legitimacy, in corporate governance terms, we mean that there is a perception that […]

State control can result in good performance for firms

Following the breakup of the Soviet Union and its Eastern Bloc many researchers anticipated the demise of state-owned enterprises (SOEs). The privatization movement throughout the world since the 1980s suggested that SOEs may simply have been a transitional organizational form destined to become a relic of history. However, even to this day, SOEs still generate approximately 10 percent of […]