Organizing-for-Innovation
Corporate Governance in a Digital Age
Living Reference Work Entry In depth
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The goal of the business of the future is socially responsible innovation. How can this be achieved? What organizational and governance structures will best achieve this objective? This chapter describes the o...
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In traditional models of corporate governance, authority and power flows downwards from the shareholders through the board of directors/supervisory board to executives and then management and eventually the em...
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Corporate venturing—a corporation making an investment in external startups either directly (off the balance sheet through a corporate venturing unit) or indirectly (through an independent and separately manag...
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This chapter explores how businesses can use new digital technologies—specifically distributed ledger (blockchain) technologies—to build more decentralized organizations for all stakeholders. Such unmediated, ...
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One significant obstacle in establishing the sustainable business ecosystems described in the previous chapter is the regulatory environment. Too often, the law and other forms of regulation distort incentives...
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Large companies currently face an existential crisis because of a series of new pressures that have emerged over recent decades in a global, digital economy. The model of the centralized, hierarchical firm tha...
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In recent years, there has been greater recognition of the role institutional investors play in the corporate governance of large corporations and the importance of regulatory measures aimed at promoting the r...
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This chapter introduces the relationship between corporate governance and new technology. After reviewing the key features of the digital revolution, two issues are highlighted that seem particularly relevant ...
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Coronavirus is the first global crisis of a digital age and the divergence in policy responses reflects the challenge of navigating an unprecedented global situation under conditions of enormous uncertainty. W...
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In an age of fast-paced technological change and hyper-competitive global markets, all firms must focus on putting in place organizational structures and management processes that deliver innovation. This is o...
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This note identifies and reviews three legal issues: (a) extraterritorial application outside of Japan; (b) lacking the consistency between other existing Japanese laws in terms of regulating digital platforms...
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The development of new technologies by financial service providers is not new; banks, for instance, have always utilized technology to improve front- and back-office operations. The historical significance of ...
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In this chapter, we explain the benefits of introducing a for course in the legal curriculum and present our initial experiences with the course. The chapter outlines the broader context of the transformat...
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In a technology-driven, digital world, many of the largest and most successful businesses now operate as ‘platforms’. Such firms leverage networked technologies to facilitate economic exchange, transfer inform...
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This chapter introduces two connected arguments about the future of the . First, the ongoing “ ” will continue to disrupt legal work as it has traditionally operated. Various aspects of this disruption are ou...
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This paper explores the issue of ‘re-making’ corporate law through the prism of the United Nations’ recent efforts at reducing legal obstacles experienced by micro-, small- and medium-sized enterprises in star...
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For the last decade economists have been preoccupied with the decline in bank financing to small businesses and entrepreneurs. We examine the market and policy instruments that in some sense encourage more ban...