Center for Corporate Governance (CCG).

President: Jordi Canals

Boards of directors

  • Improving boards of directors’ effectiveness.
  • Boards of directors and corporate strategy.
  • Boards of directors and corporate culture.
  • Governance and executive compensation.
  • CEO succession.

Shareholders

  • Influence of institutional investors.
  • Institutional investors and stewardship.
  • Governance of listed firms, family-owned business and foundations.
  • Shareholder activism.

Purpose in corporate governance

  • Corporate purpose  in governance.
  • Corporate purpose and business performance.
  • Corporate purpose and culture.
  • Corporate purpose and ESG.

GOVERNING ESG & SUSTAINABILIT

  • Sustainability impact.
  • ESG measurement, accountability and disclosure.
  • Sustainable finance.
  • Impact investment.


IESE-ECGI Corporate Governance Conference Series

The IESE Center for Corporate Governance and the European Corporate Governance Institute (ECGI) bring senior academics and thought-leaders in business to discuss relevant corporate governance topics through conferences.

Corporate Governance Insights

NOVEMBER 2023 NEWSLETTER

Boards of Directors and Artificial Intelligence

OCTOBER 2023 NEWSLETTER

Relevant Shareholders and Corporate Governance



Leadership Team

Faculty Team

News

BOARDS OF DIRECTORS AND ARTIFICIAL INTELLIGENCE

Boards of directors should seek to understand and govern artificial intelligence since it has the potential to change many companies' competitive positioning while providing opportunities to accelerate productivity and efficiency. Some reflections on this topic can be found in the newsletter of this month.

Read here.

EXECUTIVE COMPENSATION TIED TO ESG PERFORMANCE: INTERNATIONAL EVIDENCE

A new global study conducted by IESE’s Gaizka Ormazabal and Igor Kadach, together with Shira Cohen of San Diego State University and the University of Mannheim’s Stefan Reichelstein, looks at the prevalence of ESG-linked pay for executives, and where and which companies are adopting the practice. The research examines the role of institutional investors in encouraging ESG pay, as well as its impact on firm performance.

Read more here.

BOARDS OF DIRECTORS IN DISRUPTIVE TIMES: IMPROVING CORPORATE GOVERNANCE EFFECTIVENESS

A recent article by professor Jordi Canals, posted on the Harvard Law School Forum on Corporate Governance, discusses the need of a new governance model guided by purpose where shareholders, boards of directors and senior managers are fully aligned to develop companies for the long term. This post is based on his book Boards of Directors in Disruptive Times (Cambridge University Press, 2023), which has recently received the Joan Sardà Dexeus 2023 Award in the category of best book on Economics and Business.

Read the full article here.

COMMON OWNERSHIP, COMPETITION AND TOP MANAGEMENT INCENTIVES

A growing body of empirical evidence ties common ownership to reduced competition, and research recently published in the Journal of Political Economy by IESE’s Miguel Antón and Mireia Giné, with Florian Ederer of Boston University and Martin Schmalz of the University of Oxford, connects the dots between CEO compensation, increased common ownership of public companies, and incentives that discourage aggressive competition.

Read more here.

 

MODERN CAPITALISM AND CORPORATE PURPOSE

Professors Jordi Canals and Gaizka Ormazabal participated in the conference "Perspectives on Corporate Purpose" organized by the European Corporate Governance Institute (ECGI) that took place in Copenhagen last September 21, 2023. The conference was part of the Corporate Purpose pillar of ECGI's Responsible Capitalism Initiative and consisted of 5 sessions where academics and practitioners examined the opportunities and challenges presented by corporate purpose and the evidence of its contribution to business success, investor performance and wider societal and environmental interests.

Watch the sessions of the event here.

THE FUTURE OF CHINA AND US RIVALRY AND ITS IMPACT ON COMPANIES

Former Singaporean Minister George Yeo, with Professor Jordi Canals, offered a session on "The future of China and US rivalry and its impact on companies", which was part of the IESE Alumni Learning Program.

In the session, that took place in Barcelona last October 19, 2023, Mr. George Yeo gave some useful insights to better understand China, the growing geopolitical conflict with the U.S. and its effects on the global business landscape.

Programs

The Center collaborates with all IESE Executive Education Programs. The programs related to corporate governance currently available are:


Publications