Search results for "Governance"

Perceptions about Boards in Sme Sized Family Businesses

2009

This paper reports on a study of the attitudes to the formation and roles of formalised active boards in Australian small to medium sized (SME) family businesses. While the literature on governance includes guidelines for effective boards, many family owned businesses perceive they are functioning adequately without formalising a board structure. This study employed a qualitative approach and explored the board functions of nine family business cases drawing on the Hilmer and Tricker (1994) framework. This framework summarises the roles of boards as: formulating strategy, setting policies, supervising executive management and providing accountability. Cases included those with and without a…

Non-family Executives in Family Businesses : a Literature Review

2007

The role of non-family executives in family businesses is under-researched in comparison with its importance. Reviewing the existing literature serves as a startingpoint for promoting future research. Based on a literature analysis, we develop a model for the interaction process between a family owner and a non-family executive. The main contributions for the non-family executive in family business literature are presented and structured following this interaction process. Finally, potential and unanswered questions help determine directions of future research.

Managerial Capabilities in the Family Tourist Business: Is Professionalization the Key to Their Development?

2021

The main objective of this paper is to analyze the elements of the particular governance structure of the family business and the involvement of the family in the business in order to verify its effects on managerial capabilities. Likewise, professionalization in this type of company will be studied as a moderating variable. To address this analysis, the Resource and Capabilities Based-View and the Agency Theory will be taken as a basis. The empirical study is carried out on a base of 591 Spanish tourism companies using a multiple linear regression analysis. The results show that many of the peculiar characteristics of the family business have a negative effect on their managerial skills, p…

Accountability of Corporate Boards in Finland

2016

This paper focuses on accountability and reporting from a corporate governance (CG) perspective. Drawing on a theoretical framework, empirical analysis was conducted on a dataset collected using a questionnaire implemented with a sample of board members of Finnish listed companies. We had two study questions. 1) To whom are the board members accountable? and 2) What information is required to deliver adequate reporting to meet accountability requirements? The findings show that board members are accountable to shareholders and stakeholders, and their accountability encompasses responsibilities to society and the environment. They see that current financial reporting does not provide suffici…

The Importance of a Medium-term Budgetary Framework in Enhancing the Sustainability of Public Finances in Romania

2014

Abstract The reform that the romanian fiscal system should follow aims to increase the quality of public finances and fiscal governance and strengthening fiscal discipline through better management of budgetary resources. This can be achieved by taking legislative and institutional measures, such as a new law on fiscal responsibility, developing a long-term fiscal strategy, moving to a multi-annual budget programming by implementing a medium-term budgetary framework, the introduction of strict fiscal rules and the establishment of an Independent Fiscal Council. The purpose of this paper is to highlight the importance of adopting a medium-term budgetary framework by Romania and the role that…

Institutions et mécanismes de gouvernance des transactions :

2013

Institutions and governance mechanisms for transactions : the case of logging in Cameroon Following Masahiko Aoki (2010), we postulate that transactions between actors integrate not only an economic dimension but also a social dimension. This means that transactions’ equilibrium cannot be analyzed only in economic terms. They also include relational aspects that we define as social aspects. Through the study of a local forestry exploitation in Cameroon compared with a communal forestry exploitation in France, we highlight two crucial factors : the dissociation of the functions of mayor and chief of village and the coexistence of payments in cash and payments in nature. The first factor unde…

Socially Responsible Sector: B Lab Certification of For-Benefit Organizations

2019

Master's thesis Innovative governance and public management ME523 - University of Agder 2019 This is a study of the motivations of organizations to become certified B Corps through thenon-profit B Lab. The Abilities, Motivations and Opportunities framework, rooted in behavioraland organizational management literature is applied to the certified B Corp model, andtheoretically compared to corporate social responsibility. Empirical data collected comparescommon language used to describe 3,508 organizations and self reported motivations to becomecertified through survey responses of 279 active certified B Corps. The results of the study showthe difference between corporate social responsibility…

Making conservation sustainable under unfavourable conditions : the case of Chimanimani National Reserve, Mozambique

2019

Based on a case study from the Chimanimani National Reserve in Mozambique, this article analyses to what extent different types of operational practices can contribute to the sustainability of protected areas in relatively unfavourable external conditions. While current conservation policies highlight community participation and market-based approaches, the same “best practices” are not equally valid under different conditions. Where unfavourable natural conditions, lack of infrastructure, difficult access and political instability limit the potential for upmarket ecotourism, actors should focus on community empowerment, diversification of livelihoods, and building joint conservation ideolo…

Smart City. Una strategia per ri-pensare lo sviluppo urbano sostenibile

La ricerca prende avvio dalle riflessioni sulla crescita della città contemporanea, alla luce del sempre più allarmante sfruttamento delle risorse della natura, criticità che contribuisce al riscaldamento globale. Interrogarsi sulla Smart City è stato un importante punto di riflessione in una fase storica in cui il tema della città intelligente rappresenta una strategia per ri-pensare lo sviluppo urbano sostenibile, partendo da una visione che metta a fattor comune progetti politici, ambientali, economici, sociali e culturali, è fondamentale che le Istituzioni siano messe in grado di attivare processi di medio e lungo periodo e di breve termine che creino le basi fondanti per l’evoluzione e…

From the Normative Heaven to Crude Matter. The Discursive Transformation of Good Government into Governance

2017

International audience; Abstract. The abundant use of the concept of good governance in political and media discourse can lead us to conclude that we are currently encountering a conceptual innovation. In actual fact it is an old concept that has its roots in classical political theory and resists any clear and precise definition. This article aims to reflect on the main changes experienced by the concept of good government and its metamorphosis into governance, by means of an analysis using a narrative of conceptual transformation from a normative logic to a technocratic logic.; Del cielo normativo a la tosca materia. La transformación discursiva del buen gobierno en gobernanza 1 María Áng…