Principles and Practices of Corporate Governance: in the Global Economy

The book places ownership at the center of all relevant choices that the company makes: in particular, it addresses the “problem” of governance from the perspective of ownership, and in a broader and more articulated sense than most Anglo-Saxon studies. The authors analyze the relationship between ownership, governance, and corporate strategy, with a dual objective. On the one hand, the aim is to identify the consistency relationships between the governance structure of the company and its results, because of the centrality that it assumes with respect to many of the strategic choices that companies make. On the other hand, the objective is to consider possible variants to the “basic scheme,” going to investigate the role of ownership, governance and management from a contingency perspective, i.e. in different types of enterprise: public companies, multinational enterprises, state-owned enterprises, and especially family-owned enterprises are analyzed. The second part of the book analyzes, in a number of countries, different economic and business systems and their role in defining the type of corporate governance that has emerged.

Alessandro Minichilli is Associate Professor of Business Administration at Bocconi University, and Director of Research in the “Claudio Demattè Corporate and Financial Institutions” Division of SDA Bocconi School of Management. Fabio Quarato is Lecturer of Corporate Governance and Business Administration at Management Department of Bocconi University. He is Managing Director of the AIDAF-EY Chair in Strategic Management in Family Business in memory of Alberto Falck. Luciano Segreto is Adjunct Professor of Corporate Governance at Bocconi University and Visiting Professor of Systems of Corporate Governance at the Gdansk University of Technology. He is a Full Professor of Economic History and the Economic History of Globalization at the Department of Economics and Management of the University of Florence.