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Governance, Corruption, and Economic Performance
by Sanjeev Gupta George T. AbedThis book brings together a range of research studies carried out by the IMF with the objective of promoting good governance in member countries in order to increase economic growth and reduce poverty. Topics discussed include: the causes and consequences of corruption; its impact on public finances and the provision of public services, tax revenues, income equality and poverty; and the issue of governance in transition economies.
Governance, Industry and Labour Markets in Britain and France: The Modernizing State (Routledge Studies in the European Economy)
by Robert Salais Noel WhitesideThis volume brings together well-known scholars from a wide range of disciplines to provide a superb analytical and historical overview of how state policy has affected established economic and labour market systems in France and Britain. The contributors to this book explore some crucial questions: * how 'dirigiste' was the French state in reality * why was state intervention more acceptable in France than in Britain * how do the differences in state intervention help to explain the respective economic performances of the two countries since the second world war? The book draws on hitherto unpublished primary research by scholars in economic and social history, industrial relations, economics, law, political science, sociology and social policy. As such, it is a timely and welcome intervention into debates concerning the politics of modern labour markets specifically and the role of the state in economic modernization more widely. It will have strong appeal to researchers and students in several discplines.
Governance, Management, and Accountability in Secondary Education in Sub-Saharan Africa
by World BankIncreasingly the role of management and governance is recognized as important for providing and delivering effective services at all levels of education. In view of the growing demand for more and better services at secondary education levels, these are crucial issues that must be addressed urgently. Sub-Saharan Africa's secondary education and training systems must become more efficient and more effective. The current (unit) costs of junior and senior secondary education in most African countries prevent massive expansion of post-primary education. This demands a holistic approach to governance and management issues. In parallel, there is a demand from civil society and governments for greater accountability. This study aims to present best practices and identify sustainable development plans for expansion and improved quality and efficiency in the delivery of secondary education in Sub-Saharan Africa through better governance, management, and accountability.
Governance, Nonprofit Organizations and Strategy: The Network Philanthropy Model (Routledge Studies in the Management of Voluntary and Non-Profit Organizations)
by Giacomo Boesso Fabrizio CerbioniGrant-making foundations play a crucial role in financing a wide range of philanthropic projects that contribute to the social and economic development of targeted communities. In fulfilling this essential function, the trustees who serve on each foundation's board of directors must ensure not only the economic and financial stability of their organization but also a balance with the expectations of the diverse social actors operating in the community, including associations, cooperatives, and operational foundations. This book identifies the features of the planning, programming, and controlling model of foundations that better facilitate a positive mediation between a strategic approach and civic dimensions. It offers insights and practical recommendations for designing governance and control mechanisms that promote transparency, accountability, and a network approach in the grant-making process and underscores the significance of a suitable governance framework in fostering trust and mutual understanding between foundations and their stakeholders. The guidance provided in this volume is based on rigorous research and real-world experiences, making it relevant and applicable to scholars and practitioners in the field. It serves as a valuable resource for those seeking to enhance the governance mechanisms within nonprofit organizations to maximize the impact of their philanthropic initiatives.
Governance, Policy and Juxtaposition: A Maritime Perspective
by Michael RoeThis book considers governance and policy-making within the maritime sector, and focuses significantly on the dimensional context within which governance works. Recognising the importance of understanding governance and policy at times when the world is faced with social, political, and economic problems, it highlights the fact that both areas are equally significant in understanding today’s political economy. By focusing on the maritime sector, a pillar industry supporting international trade activities, the book offers a unique perspective to explain the difficulties of balancing policy-making with governance in order to provide solutions. It also examines the importance of developing a governance process that encourages and accommodates juxtaposition in a way that ensures that the effect of independent policy-making is understood upon the success or otherwise of policies across a range of contexts and problems.Given the in-depth nature of the text, it is of interest to academics, researchers and professionals in the field.
Governance, Regulation And Bank Stability
by Stefan Sjögren Ted Lindblom Magnus WillessonThis book provides novel insight into the governance of banks and looks at regulatory measures for strengthening bank stability. It includes empirical studies on the relationship between the board structures of banks and their financial risk-taking and analyses the determinants of bank reputation and the future prospects of small banks.
Governance, Regulation and Management of Global Sport Organisations (Routledge Research in Sport Business and Management)
by Emmanuel BayleThis book is a bold and ambitious analysis of the challenges facing global sport in the 21st century and how those challenges can be met through good governance, management and regulation. Connecting the political and managerial dimensions of sport, from international governing bodies such as the International Olympic Committee through to national governing bodies, leagues and professional sport organisations, the book offers a new way of thinking about the trajectory of contemporary sport. Adopting an innovative multi-level approach - across macro, meso and micro levels – the book explores the key challenges currently facing sport, including the rapid emergence of new sports such as MMA and adventure sports; the arrival of new actors in the international sport ecosystem, such as the Gulf states and private equity investment; the growth of new technologies, such as AI; and socio-political and developmental issues such as integrity, sustainability, demographic change and sport-for-development. It considers the interaction of actors at different levels, from states to athletes and across the public and private sectors, and explores different models of sport around the world, including the dominant European and North American models. Its findings support the argument that current and future international sports governance and regulation require a more complex and nuanced method of analysis. Offering a new vision for global sport, this is essential reading for advanced students, researchers, policymakers or practitioners working in sport management, governance or policy, or with a general interest in strategy, governance or public policy.The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
Governance, Resistance and the Post-Colonial State: Management and State Building (Routledge Studies in Management, Organizations and Society)
by Jonathan Murphy Nimruji JammulamadakaThe manifestation of the colonial nation-state as a legal-bureaucratic-police structure – an exploitation tool – undermined customary modes of governance in colonies. When post-World War II independence of colonies transferred ownership of the state structure to the colonized elite, electoral and civil society politics battled for capture of this post-colonial state. Meanwhile, the state was also forced to build its legitimacy in the face of customary governance practices seeking rehabilitation and decolonization in the midst of civil wars and strife. This "state-building social movement" was further complicated with the global spread of neoliberalism and neocolonialism, and herein lies the significant difference between the post-colonial nation-state and the Western nation-states. This book fills the gap in literature and argues that it is necessary to foreground discussions of the nature of the post-colonial nation-state in examining resistance and provides a window into the dynamics of the post-colonial state and its implication in everyday organizing and resistance.
Governance, Risk Management, and Compliance: It Can't Happen to Us -- Avoiding Corporate Disaster While Driving Success
by Richard M. SteinbergAn expert's insider secrets to how successful CEOs and directors shape, lead, and oversee their organizations to achieve corporate goals Governance, Risk Management, and Compliance shows senior executives and board members how to ensure that their companies incorporate the necessary processes, organization, and technology to accomplish strategic goals. Examining how and why some major companies failed while others continue to grow and prosper, author and internationally recognized expert Richard Steinberg reveals how to cultivate a culture, leadership process and infrastructure toward achieving business objectives and related growth, profit, and return goals. Explains critical factors that make compliance and ethics programs and risk management processes really work Explores the board's role in overseeing corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications Highlights for CEOs, senior management teams, and board members the pitfalls to avoid and what must go right for success Outlines the future of corporate governance and what's needed for continued effectiveness Written by well-known corporate governance and risk management expert Richard Steinberg Governance, Risk Management, and Compliance lays a sound foundation and provides critical insights for understanding the role of governance, risk management, and compliance and its successful implementation in today's business environment.
Governance, Risk and Financial Impact of Mega Disasters: Lessons from Japan (Economics, Law, and Institutions in Asia Pacific)
by Akiko Kamesaka Franz WaldenbergerThis book addresses researchers, practitioners, and policy makers interested in understanding the financial implications of mega-disaster risks as well as in seeking possible solutions with regard to governance, the allocation of financial risk, and resilience. The first part of this book takes the example of Japan and studies the impact of mega earthquakes on government finance, debt positions of private household and businesses, capital markets, and investor behavior by way of economic modeling as well as case studies from recent major disasters. In Japan, the probability of a mega earthquake hitting dense agglomerations is very high. Like other large-scale natural disasters, such events carry systemic risks, i.e., they can trigger disruptions endangering the stability of the social, economic, and political order. The second part looks at the experience of the Japanese government as a provider of disaster-risk finance and an active partner in international collaboration. It concludes with an analysis of the general characteristics of systemic risk and approaches to improve resilience.
Governance, Social Organisation and Reform in Rural China
by Hongguang HeXiaogang village, located in Anhui Province, was reputedly the first village in China to decollectivise in 1978, paving the way for agricultural reform and a new rural economy in China. This study explores how farmers in Xiaogang have engaged in various forms of cooperation in the decades since decollectivisation and the extent to which changing political and social contexts of the rural China are likely to impact upon the way in which farmers cooperate and collaborate with each other. In an attempt to understand the relationship between farmers and the state in a rapidly changing China, the text focuses upon governance and social organisation within the village and explores the extent to which farmers have autonomy in both their economic and political activities. While decollectivisation is often interpreted as the second 'liberation' of Chinese farmers, it is clear that new power structures have emerged to replace those of the collective and the commune. While many studies have explored this question in terms of a so-called binary opposition between the state and the community, they have tended to neglect the subtleties behind this opposition. Utilising Foucault's concept of 'governmentality', this study develops new ways of understanding micro-level power relations that enable and constrain certain forms of political and economic activity within the village.
Governance, Stewardship and Sustainability: Theory, Practice and Evidence
by George Dallas Mike LubranoThe first introductory practical guide of its kind, this book brings together principles of corporate governance, investor stewardship and enterprise sustainability in the context of institutional investment. Stewardship codes are developing in diverse markets to provide a framework for responsible institutional investment practices and fiduciary duties for beneficiaries. While codes provide a starting point, the application of stewardship in practical terms can be challenging for many institutional investors. Written by two well-known corporate governance experts, George Dallas and Mike Lubrano, and based on the ICGN training course on stewardship that they developed, this book gives needed clarity, rigor and guidance to practitioners about what we know—and don't know—about stewardship, governance and sustainability. It explores the theoretical foundations of stewardship, linking these to day-to-day decision-making and providing real-life examples and practical tools to evaluate issues that arise for companies from an environmental, social and governance perspective and generate ideas about how to make investor stewardship a practical reality in similar cases. Investor stewardship and ESG professionals, portfolio managers, senior managers, regulators and finance students will appreciate this unique guide to developing, refining and operationalising investor stewardship capabilities in line with the respected and internationally recognised ICGN policy framework.
Governance, The State, Regulation and Industrial Relations (Routledge Explorations in Economic History #Vol. 20)
by Ian ClarkThis book examines the legacy of economic and political aims and objectives formulated by the British government during, and immediately after the second world war. It examines contemporary patterns of regulation by the state, and reform in the industrial relations system as factors of these historically embedded influences. This book makes an important contribution to the history and theory of British post-war economics.
Governed by a Spirit of Opposition: The Origins of American Political Practice in Colonial Philadelphia (Studies in Early American Economy and Society from the Library Company of Philadelphia)
by Jessica Choppin RoneyCivic engagement in the City of Brotherly Love gave birth to the American Revolution.Winner of the Athenaeum of Philadelphia Literary Award of The Athenaeum of PhiladelphiaDuring the colonial era, ordinary Philadelphians played an unusually active role in political life. Because the city lacked a strong central government, private individuals working in civic associations of their own making shouldered broad responsibility for education, poverty relief, church governance, fire protection, and even taxation and military defense. These organizations dramatically expanded the opportunities for white men—rich and poor alike—to shape policies that immediately affected their communities and their own lives. In Governed by a Spirit of Opposition, Jessica Choppin Roney explains how allowing people from all walks of life to participate in political activities amplified citizen access and democratic governance. Merchants, shopkeepers, carpenters, brewers, shoemakers, and silversmiths served as churchwardens, street commissioners, constables, and Overseers of the Poor. They volunteered to fight fires, organized relief for the needy, contributed money toward the care of the sick, took up arms in defense of the community, raised capital for local lending, and even interjected themselves in Indian diplomacy. Ultimately, Roney suggests, popular participation in charity, schools, the militia, and informal banks empowered people in this critically important colonial city to overthrow the existing government in 1776 and re-envision the parameters of democratic participation. Governed by a Spirit of Opposition argues that the American Revolution did not occasion the birth of commonplace political activity or of an American culture of voluntary association. Rather, the Revolution built upon a long history of civic engagement and a complicated relationship between the practice of majority-rule and exclusionary policy-making on the part of appointed and self-selected constituencies.
Governing Academia: Who Is in Charge at the Modern University?
by Ronald G. EhrenbergPublic concern over sharp increases in undergraduate tuition has led many to question why colleges and universities cannot behave more like businesses and cut their costs to hold tuition down. Ronald G. Ehrenberg and his coauthors assert that understanding how academic institutions are governed provides part of the answer.Factors that influence the governance of academic institutions include how states regulate higher education and govern their public institutions; the size and method of selection of boards of trustees; the roles of trustees, administrators, and faculty in shared governance at campuses; how universities are organized for fiscal and academic purposes; the presence or absence of collective bargaining for faculty, staff, and graduate student assistants; pressures from government regulations, donors, insurance carriers, athletic conferences, and accreditation agencies; and competition from for-profit providers.Governing Academia, which covers all these aspects of governance, is enlightening and accessible for anyone interested in higher education. The authors are leading academic administrators and scholars from a wide range of fields including economics, education, law, political science, and public policy.Contributors: Ronald G. Ehrenberg, Cornell University; James O. Freedman, Dartmouth College; Thomas H. Hammond, Michigan State University; Donald E. Heller, Pennsylvania State University; Benjamin E. Hermalin, University of California, Berkeley; Gabriel E. Kaplan, University of Colorado; Adam T. Kezsbom, Cornell University; Daniel B. Klaff, Cornell University; Susanne Lohmann, University of California, Los Angeles; Matthew P. Nagowski, Cornell University; Michael A. Olivas, University of Houston Law Center; Brian Pusser, University of Virginia; Sarah E. Turner, University of Virginia; John D. Wilson, Michigan State University
Governing Access to Essential Resources
by Olivier Katharina Pistor De SchutterEssential resources do more than satisfy people's needs. They ensure a dignified existence. Since the competition for essential resources, particularly fresh water and arable land, is increasing and standard legal institutions, such as property rights and national border controls, are strangling access to resources for some while delivering prosperity to others, many are searching for ways to ensure their fair distribution.This book argues that the division of essential resources ought to be governed by a combination of Voice and Reflexivity. Voice is the ability of social groups to choose the rules by which they are governed. Reflexivity is the opportunity to question one's own preferences in light of competing claims and to accommodate them in a collective learning process. Having investigated the allocation of essential resources in places as varied as Cambodia, China, India, Kenya, Laos, Morocco, Nepal, the arid American West, and peri-urban areas in West Africa, the contributors to this volume largely concur with the viability of this policy and normative framework. Drawing on their expertise in law, environmental studies, anthropology, history, political science, and economics, they weigh the potential of Voice and Reflexivity against such alternatives as pricing mechanisms, property rights, common resource management, political might, or brute force.
Governing Access to Essential Resources
by Olivier De Schutter Katharina PistorEssential resources do more than satisfy people's needs. They ensure a dignified existence. Since the competition for essential resources, particularly fresh water and arable land, is increasing, and standard legal institutions, such as property rights and national border controls, are strangling access to resources for some while delivering prosperity to others, many are searching for ways to ensure their fair distribution. This book argues that essential resources ought to be governed by a combination of Voice and Reflexivity. Voice is the ability of social groups to choose the rules by which they are governed. Reflexivity is the opportunity to question one's own preferences in light of competing claims and to accommodate them in a collective learning process. Having investigated the allocation of essential resources in places as varied as Cambodia, China, India, Kenya, Laos, Morocco, Nepal, the arid American West, and peri-urban areas in West Africa, the contributors to this volume largely concur with the viability of this policy and normative framework. Drawing on their expertise in law, environmental studies, anthropology, history, political science, and economics, they weigh the potential of Voice and Reflexivity against such alternatives as the pricing mechanism, property rights, common resource management, political might, or brute force.
Governing Agricultural Sustainability: Global lessons from GM crops (Pathways to Sustainability)
by Phil Macnaghten Susana Carro-RipaldaAlthough GM crops are seen by their advocates as a key component of the future of world agriculture and as part of the solution for world poverty and hunger, their uptake has not been smooth nor universal: they have been marred by controversy and all too commonly their regulation has been challenged as inadequate, even biased. This book aims to understand these dynamics, examining the impacts of GM crops in diverse contexts and their potentials to contribute to sustainable agricultural futures. Part 1 draws on research from three global ‘rising powers’ – Brazil, India and Mexico – exploring the views of scientists, farmers and publics. Using a diverse array of ethnographic and qualitative methodologies, the book examines the dynamics that have underpinned the controversy in three diverse geo-political contexts, the manner in which dominant institutional framings have been closely aligned with the interests of powerful elites, and the multiple ways in which these have been resisted through local, symbolic and material practices. Part 2 comprises a series of short comment pieces from 11 leading social and natural scientists responding to the question of how to develop a policy framework for the responsible innovation of sustainable, culturally appropriate and socially just agricultural GM technologies. This innovative book offers new insights for researchers and postgraduates in Science and technology studies, Agro-ecology and Environmental Studies, Development studies, Anthropology, Human Geography, Sociology, Political Science, Public Administration, Latin American studies, and Asian studies.
Governing Arctic Seas: Volume 1 (Informed Decisionmaking for Sustainability)
by Oran R. Young Paul Arthur Berkman Alexander N. VylegzhaninGoverning Arctic Seas introduces the concept of ecopolitical regions, using in-depth analyses of the Bering Strait and Barents Sea Regions to demonstrate how integrating the natural sciences, social sciences and Indigenous knowledge can reveal patterns, trends and processes as the basis for informed decisionmaking. This book draws on international, interdisciplinary and inclusive (holistic) perspectives to analyze governance mechanisms, built infrastructure and their coupling to achieve sustainability in biophysical regions subject to shared authority. Governing Arctic Seas is the first volume in a series of books on Informed Decisionmaking for Sustainability that apply, train and refine science diplomacy to address transboundary issues at scales ranging from local to global. For nations and peoples as well as those dealing with global concerns, this holistic process operates across a ‘continuum of urgencies’ from security time scales (mitigating risks of political, economic and cultural instabilities that are immediate) to sustainability time scales (balancing economic prosperity, environmental protection and societal well-being across generations). Informed decisionmaking is the apex goal, starting with questions that generate data as stages of research, integrating decisionmaking institutions to employ evidence to reveal options (without advocacy) that contribute to informed decisions. The first volumes in the series focus on the Arctic, revealing legal, economic, environmental and societal lessons with accelerating knowledge co-production to achieve progress with sustainability in this globally-relevant region that is undergoing an environmental state change in the sea and on land. Across all volumes, there is triangulation to integrate research, education and leadership as well as science, technology and innovation to elaborate the theory, methods and skills of informed decisionmaking to build common interests for the benefit of all on Earth.
Governing Borders and Security: The Politics of Connectivity and Dispersal (PRIO New Security Studies)
by Catarina Kinnvall Ted SvenssonThis book explores and maps the relationship between borders, security and global governance. Theoretically, the book seeks to establish to what degree, and in what ways, traditional notions of borders, security and (global) governance are being eroded, undermined and contested in the context of a globalising world. Borders are increasingly being re-conceptualised to account for connectivity as well as divisions at the same time as focus is shifting from permanence to permeability. The ambivalence ascribed to bordering processes is at heart a security concern; borders are not only entwined with state formation but are also attempts at governing securities, identities and histories. Proceeding from a critical rendering of statist conceptualisations of borders, security and governance, the book not only emphasises the politics of borders, mobility and re-locations, but also provides a shared groundwork for interrogating the spatial conditions for bordering and border work as manifestations of a continuously deferred becoming rather than being. A principal contribution of the volume is its scrutiny of how borders are enacted and perceived in and through the everyday, and of how such production and construal can make sense as acts of resistance to various forms of governing. Such a focus reveals the necessity of investigating how governing from afar affects the possibilities and tendencies to securitise as well as desecuritise, within as well as beyond elite settings. This book will be of much interest to students of border studies, human geography, governmentality, global governance and IR/critical security studies.
Governing Capital: International Finance and Mexican Politics
by Sylvia MaxfieldAs capital moves ever more easily across territorial boundaries, it draws national financial systems into an international web. In the 1980s, capital flows also seemed to spread monetarist economic ideology—from Volcker’s Federal Reserve to Thatcher’s England to Pinochet’s Chile and beyond. The Nobel committee honored a few scattered Keynesians, but few observers would deny that the theory and praxis of nonmilitary demand management died with the Age of Aquarius.
Governing China's Digital Transformation: Industrial Policy, Regulatory Governance, and Innovation (Routledge Studies in the Economics of Innovation)
by Jiwei QianThis book examines China’s digital transformation and its complex policy landscape, offering fresh insights into how the world’s second-largest economy navigates the challenges of governing its rapidly evolving digital sector. Through detailed analysis, it reveals the intricate relationship between technological innovation and policy implementation in contemporary China.The book explores critical themes including digital industrial policies, competition policy, data governance, and artificial intelligence development. It introduces two dynamics: the “digital amplification of fragmentation,” which explains how digital technologies intensify existing governance challenges, and the “technology-policy recursive loop,” which describes the interaction between technological advancement and regulatory responses. Using diverse data sources and covering developments such as China’s 2020–2021 regulatory crackdown of major technology firms like Alibaba and Tencent, the book provides a comprehensive examination of China’s unique approach to digital governance. Special attention is paid to pressing issues such as data security, cross-border data flows, and technological self-reliance.An essential read for policymakers, business leaders, and scholars seeking to understand China’s digital economy and its implications for global digital governance. Its accessible analysis offers valuable insights for anyone interested in the intersection of technology, policy, and economic development in contemporary China.
Governing Cities: Asia's Urban Transformation (Routledge Advances in Regional Economics, Science and Policy)
by Kris Hartley Glen Kuecker Michael Waschak Jun Jie Woo Charles Chao Rong Phua Tommy KohThis book presents the latest research on three issues of crucial importance to Asian cities: governance, livability, and sustainability. Together, these issues canvass the salient trends defining Asian urbanization and are explored through an eclectic compendium of studies that represent the many voices of this diverse region. Examining the processes and implications of Asian urbanization, the book interweaves practical cases with theories and empirical rigor while lending insight and complexity into the towering challenges of urban governance. The book targets a broad audience including thinkers, practitioners, and students.
Governing Complexity: Analyzing and Applying Polycentricity (Cambridge Studies in Economics, Choice, and Society)
by Andreas Thiel William A. Blomquist Dustin E. GarrickThere has been a rapid expansion of academic interest and publications on polycentricity. In the contemporary world, nearly all governance situations are polycentric, but people are not necessarily used to thinking this way. Governing Complexity provides an updated explanation of the concept of polycentric governance. The editors provide examples of it in contemporary settings involving complex natural resource systems, as well as a critical evaluation of the utility of the concept. With contributions from leading scholars in the field, this book makes the case that polycentric governance arrangements exist and it is possible for polycentric arrangements to perform well, persist for long periods, and adapt. Whether they actually function well, persist, or adapt depends on multiple factors that are reviewed and discussed, both theoretically and with examples from actual cases.
Governing Continuous Transformation: Re-framing the Strategy-Governance Conversation (Contributions to Management Science)
by Bijan KhezriThis book transposes the ‘free-energy principle’, as espoused by the neuroscientist Karl Friston, to strategic governance, and forming the new concept of Free-Energy Governance (FEG). This concept lays the foundation for a new logic of governing continuous transformation. In addition to guiding the structure, cognition, and capabilities of success in strategic renewal, FEG provides a systematic and practice-relevant approach to predicting a firm’s potential for entropy.Using this new concept, the author shows that the success of continuous strategic renewal and business innovation, elements crucial for firm survival, are determined by the triplet of a firm’s structure, cognition, and dynamic board capabilities. “How to govern large organizations in times of high uncertainty and permanent change? To answer this pressing question, … Bijan Khezri has been the first to apply [the free energy] principle to management science … This book is an eyeopener for every reflective leader.¨ Professor Oliver Gassmann, Director of the Institute of Management and Technology, University of St. Gallen “I really enjoyed reading this book. It was both exciting and reassuring to see how the same fundamental ideas can be found in fields as disparate as nonequilibrium steady-state physics and theories of governance.” Professor Karl. J. Friston; Director of the Wellcome Centre for Human Neuroimaging “Using a term often applied to best-selling novels, ‘it is a page turner’ in which I learned something new in every chapter! Every board member, all executives and scholars interested in strategic leadership and governance must read this book if they wish to remain relevant in the coming transformational decades.” Michael A. Hitt University Distinguished Professor Emeritus, Mays Business School, Texas A&M University Former President, Academy of Management, and former Editor, Academy of Management Journal "We could not ask for a better author to initiate this new conversation in the board research community and convey its merits to the world of board practice." Martin HilbProfessor Emeritus, University of St. Gallen Founder and Managing Partner, International Board Foundation and President of Swiss Institute of Directors “Set against a wide swath of literature, the book impressively makes the case for a new logic of strategic renewal in which the board of directors plays a central role.” Professor Constance E. Helfat, Tuck School of Business at Dartmouth