Ralph De Haas

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    How boards perform their dual role as supervisors and advisors of management

How boards perform their dual role as supervisors and advisors of management

The board of directors forms an integral part of a firm’s governance mechanisms. Yet, how boards perform their dual role of supervisor and advisor of corporate management is difficult to observe from outside of the company. To open this black box, we survey 130 non-executive directors in various emerging markets to obtain detailed information about the inner workings of […]

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    Mining causes infrastructure bottlenecks that hurt nearby manufacturers

Mining causes infrastructure bottlenecks that hurt nearby manufacturers

Shaft #1 at Oyu Tolgoi copper mine in Ömnögovi Province, Mongolia, by Brücke-Osteuropa, own work, Wikimedia Commons, Public Domain
The last two decades have witnessed an extraordinary expansion in global mining activity, an increasing share of which was concentrated in emerging markets. The world’s largest mines can nowadays be found in Africa, Asia and Latin America. This mining boom has reinvigorated the […]