Corporate Decision-Making, Corporate Collapse and Inefficiency

Communication and Decision-Making in Corporate Boards

This paper develops a model of communication and decision-making in corporate boards. The key element of the paper is that the quality of board communication is endogenous, because it depends on the e¤ort directors put into trying to communicate their information to others. In the model, directors may have biases regarding board decisions and may also be reluctant to disagree with other directo...

Decision making dynamics in corporate boards

Members of boards of directors of large corporations who also serve together on an outside board, form the so called interlock graph of the board and are assumed to have a strong influence on each others’ opinion. We here study how the size and the topology of the interlock graph affect the probability that the board approves a strategy proposed by the Chief Executive Officer. We propose a meas...

The Influence of Ceo Decision-Making and Corporate Strategy on Corporate Social Performance

In this dissertation, I examine the role of CEOs and corporate diversification on corporate social performance (CSP). In the first essay of the dissertation, I evaluate the financial implications of corporate social performance and assess the validity of a widely used measure of social performance, the KLD social ratings. In the first part of this essay, I examine the relationship between CSP a...

We are all stakeholders : Participatory decision - making and corporate sustainability

This paper is about extending stakeholder dialogue to include citizens in decision making which impacts on corporate sustainabilityolicy frameworks using the tools of regulation and economic instruments, and communication strategies, have a significant influence on the level of corporate sustainability. Involving citizens, through the use of deliberative and representative (participatory) proce...

Information Markets and Computational Improvements for Corporate Decision-Making