Boards

Editorial Boards , Publishing Council

s, Mathematical Reviews, MatSciNet, MatSci on SilverPlatter, Scopus, Zentralblatt Math The issuing of the Informatica journal is financially supported by the Ministry of Higher Education, Science and Technology, Trg OF 13, 1000 Ljubljana, Slovenia. Volume 31 Number 2 June 2007ISSN 0350-5596 IntroductionM. McPherson,P. Isaias139 Intelligent Decision Support for Architecture and<l...

Games on Random Boards

We consider the following two-player game on a graph. A token is located at a vertex, and the players take turns to move it along an edge to a vertex that has not been visited before. A player who cannot move loses. We analyse outcomes with optimal play on percolation clusters of Euclidean lattices. On Z with two different percolation parameters for odd and even sites, we prove that the game ha...

Public Boards Governing Corporately

Building better boards.

Companies facing new requirements for governance are scrambling to buttress financial-reporting systems, overhaul board structures--whatever it takes to comply. But there are limits to how much good governance can be imposed from the outside. Boards know what they ought to be: seats of challenge and inquiry that add value without meddling and make CEOs more effective but not all-powerful. A boa...

Independent Boards and Innovation∗

Much research has suggested that independent boards of directors are more effective in reducing agency costs and improving firm governance. How they influence innovation is less clear. Relying on regulatory changes, we show that firms that transition to independent boards focus on more crowded and familiar areas of technology. They patent and claimmore and receive more total future citations to...