The importance of business processes and the increasing centrality of IT to an organization’s performance have called for a specific focus on business process governance and IT governance in contemporary enterprises. Despite the wide scope of business process management, which covers both business and IT domains, and the profound impact of IT on process innovations, the association between busi...

The importance of business processes and the increasing centrality of IT to an organization’s performance have called for a specific focus on business process governance and IT governance in contemporary enterprises. Despite the wide scope of business process management, which covers both business and IT domains, and the profound impact of IT on process innovations, the association between busi...

I test whether corporate governance is ineffective in emerging markets by estimating the link between CEO turnover and firm performance for over 1,200 firms in eight emerging markets. I find two main results. First, CEOs of emerging market firms are more likely to lose their jobs when their firm’s performance is poor, suggesting that corporate governance is not ineffective in emerging markets. ...

In the preceding paper Shivdasani (1993) estimates equations predicting the probability of a hostile takeover as a function of governance characteristics. He finds that additional outside directorships by board members decrease the probability of a takeover. Ownership by management and by affiliated blockholders also decreases the probability of a takeover, while ownership by unaffiliated block...

BACKGROUND A major effort to introduce new vaccines into poor nations of the world was initiated in recent years with the help of the GAVI alliance. The first vaccines introduced have been the Haemophilus influenzae type B (Hib) and the hepatitis B (Hep B) vaccines. The introduction of these vaccines during the first phase of GAVI's operations demonstrated considerable variability. We set out t...

Should the governance of poor developing countries mimic what works in advanced capitalist democracies? Of course not. Yet for 20 years ‘good governance’ has meant exactly that. Millions of dollars have been spent on programmes to make private enterprise work in Africa as it does in the US, elections work as they do in Sweden, audit authorities as in Germany and civil society campaigns as in th...