Volkswagen and the problem of corporate amnesia


Andre Spicer

When scandal strikes, companies can move quickly to eradicate links to it and eventually forget they ever happened. Academics at Cass Business School suggest they would benefit more from remembering the errors of the past, and ensuring they are not repeated.

Updated: 15/10/2015
Views: 568

Pre-annoucement M&A activity and its effect on outcomes


Scott Moeller

 et al.

Intralinks asked researchers at the M&A Research Centre (MARC), Cass Business School, to look into the relationship between the pre-announcement due diligence phase and key M&A deal outcomes for both acquirer and seller.

Updated: 11/01/2014
Views: 1,655

The Visible Hand of Consultants in the Construction of Markets for Virtue

Despite the resurgence of Corporate Social Responsibility (CSR), little is known about the social construction of CSR markets. This paper looks at the visible hand of management consultants in the creation of markets for virtue. It sheds light on three distinctive roles played by CSR consultants: as social and environmental issues translators, market boundary negotiators, and responsive regulation enactors. These roles clarify the regulative dynamics underlying CSR commodification and advance our understanding of consultancy work in the CSR domain.

Updated: 15/07/2013
Views: 3,239

The role of paradox in understanding female career progression within UK professional services firms

In recent years, professional services firms have increasingly promoted their commitment to workplace gender diversity and inclusion (D&I). Research demonstrates that there are three narratives commonly cited to justify D&I. This study argues that the way in which organisational leaders combine and utilise these three narratives can help to predict their success in promoting gender diversity at senior levels.

Updated: 15/04/2013
Views: 8,158

Technology Alliance Governance, Partner Selection, and Firm Innovativeness

Interfirm technology alliances represent an important mechanism through which firms develop new technologies, products and processess. Research shows that the governance structure of such alliances is an important factor affecting the contribution it makes to a firm's innovativeness. Joint ventures are proven to be more effective knowledge transfer vehicles than contractual agreements, and yet alliance formation research shows that firms often govern technology alliances by the latter. If innovation motivates technology alliance governance decisions and if joint ventures increase firm innovativeness, then it is not clear why so many alliances are governed by contactual agreement. This paper tackles this conundrum and aims to advance understanding of the mechanisms connecting alliance governance to a firm's innovativeness.

Updated: 21/12/2012
Views: 3,241

To what extent is the varieties of capitalism framework transferable? The example of the political economy of Thailand.


Chris Rowley

 et al.

There are common calls for economies to 'upgrade' and 'upskill' and move up the value chain. On this basis, the research here highlights the importance of integration and the inter-locking nature of business systems. It then examines the 'varieties of capitalism' (VOC) in respect of its wider applicability, particularly to Asia, using Thailand as an example. Finally, the influence of national cultural values is highlighted, as they prove a crucial element in any VOC analysis.

Updated: 17/12/2012
Views: 6,266

Investor protection, taxation and dividends


Meziane Lasfer

 et al.

In this article Mohammed Alzahrani and Meziane Lasfer look at how dividend payments of firms listed in 24 OECD member countries are affected by different levels of investor protection. Previous evidence that firms in high investor protection countries pay higher dividends in the presence of tax costs of dividends is reassessed.

Updated: 17/10/2012
Views: 3,084

Governance, Ownership Structure and Performance of IPO Firms

Recent trends in corporate governance research show an increased concern with the relationships between stock ownership and corporate performance, but what is the impact of different types of Private Equity Investors? Does the institutional environment have an effect?

A research team including Professor Igor Filatotchev, Professor of Corporate Governance and Strategy, have investigated this further.

Updated: 23/12/2014
Comments: 10
Views: 6,271

Trust and values in the City

With the recent Occupy movement, the concept of ethics and trust in the City has barely left the news - the perception remains that the City does not serve the wider economy and society.

On October 27th 2011, leading figures came together to discuss a recent initiative to restore trust in the City. The aim of this initiative, established by The Rt Hon The Lord Mayor, Alderman Michael Bear, was to look at practical ways to embed the right values and behaviours in the DNA of every City business and worker.

Updated: 16/12/2014
Comments: 6
Views: 7,392