Understanding and Managing Strategic Governance

Explore the interplay between corporate governance and strategic decision-making in this startling new resource

In Understanding and Managing Strategic Governance, strategy and management experts Dr. Wei Shi and Robert E. Hoskisson deliver an insightful exploration of the influence that governance actors, like the board of directors, activist investors, institutional investors, and securities analysts, have on important strategic decisions.

Based on surveying the latest research and analyzing unique datasets compiled by the authors, the book explains the impact that governance actors have on a firm’s strategic choices and the quality of such choices as well as the unintended consequences of that impact. The authors also describe how executives can manage the conflicting interests of multiple governance actors and leverage the influence of these actors to make effective strategic decisions.

In this book, you’ll discover:

• How to avoid the strategic pitfalls that arise from governance actor influence and harm firms’ long-term competitiveness
• The effect that governance actors can have on corporate strategy, competitive strategy, corporate innovation strategy, global strategy, stakeholder strategy, and more
• The latest trends in corporate governance and their implications for managers, regulators, and policy makers in this area

Perfect for C-level executives, board of directors, and institutional investors as well as students of corporate governance and strategy, Understanding and Managing Strategic Governance is a revealing and original examination of the interplay between corporate governance and firm strategy and how to manage that interplay to create sustainable competitive advantages.

WEI SHI, PhD, is Associate Professor of Management and Cesarano Faculty Scholar at Miami Herbert Business School at the University of Miami. His research focuses on the role of corporate governance actors and executives in shaping firm strategic decisions.

ROBERT E. HOSKISSON, PhD, is the George R. Brown Emeritus Chair of Strategic Management at Rice University’s Jones School of Business. His research focuses on how corporate governance actors shape corporate and international strategies, the strategies of emerging economy firms, corporate innovation and entrepreneurship, and mergers and acquisitions behavior.