Publications related to Shareholder Rights, Boards, and CEO Compensation

Why converging technologies need converging international regulation

Emerging technologies such as artificial intelligence, gene editing, nanotechnology, neurotechnology and robotics, which were originally unrelated or separated, are becoming more closely integrated. Consequently, the boundaries between the physical-biologi ...

Springer2024

Artificial intelligence of things for synergizing smarter eco-city brain, metabolism, and platform: Pioneering data-driven environmental governance

Jeffrey Huang, Simon Elias Bibri

Emerging smarter eco-cities, inherently intertwined with environmental governance, function as experimental sites for testing novel technological solutions and implementing environmental reforms aimed at addressing complex challenges. However, despite sign ...

Elsevier2024

How to link sustainability assessments with local governance? – Connecting indicators to institutions and controversies

Claudia Rebeca Binder Signer, Albert Merino, Pekka Jaakko Halla

The concept of sustainability is growing in importance for local urban governance, and indicator-based assessments represent a popular means for its operationalization. While much effort has been spent developing the technical aspects of these assessments, ...

2022

Nine recommendations for the governance of AI systems

Marie-Valentine Renée Agnès Florin

Some governance functions traditionally performed by humans are increasingly informed and sometimes automatically executed by machine learning algorithms (governance by machine learning) to benefit society. Therefore, it is necessary to think also about th ...

EPFL2022

Measures against the abandonment of common property summer pastures: experimental evidence from joint appropriation-provision games

Ivo Philippe Baur

Common property summer pastures constitute longstanding evidence that the tragedy of the commons can be prevented through self-organization. As a byproduct of their sustainable governance, high nature value farming systems with well-integrated patchy lands ...

RESILIENCE ALLIANCE2021

Combatting climate change through a portfolio of approaches

Marie-Valentine Renée Agnès Florin

Given the urgency of deploying all possible ways to combat climate change, and in light of lessons learned from the Covid-19 pandemic outbreak that it was a mistake to ignore signals and not prepare for worst-case scenarios, this article suggests that tech ...

International Risk Governance Center (IRGC)2021

COVID-19: A risk governance perspective

One effect of the COVID-19 crisis has been to require policymakers to go through the various stages of the risk governance process under conditions of high stress and compressed timescales. In this article we use our risk governance framework to outline th ...

EPFL International Risk Governance Council (IRGC)2020

Strategic Objectives For State-Owned Enterprises As A Means To Mitigate Political Interference: An Empirical Analysis Of Two Swiss State-Owned Enterprises

Matthias Finger, Fabian Liechti

When governments act as owners of state-owned enterprises (SOEs), they are both principal and agent at the same time. The literature on steering SOEs has mainly focused on the government as the principal that must control SOEs. However, the government is a ...

WILEY2019

The Effect of European Integration on Swiss Energy Policy and Governance

Matthias Finger, Paul Adrianus Van Baal

The unique “Swiss way” of association with the European Union (EU) has received increasing attention in light of recent events such as Brexit as it is based on sectoral agreements without an overarching institutional framework. As such, Europeanization of ...

2019

Governing the Use of Blockchain and Distributed Ledger Technologies: Not One-Size-Fits-All

Marie-Valentine Renée Agnès Florin

Blockchain and distributed ledger technologies (DLTs) have the capacity to improve how many companies and organizations conduct transactions or store information securely, among many other potential benefits. However, their development and implementation d ...

2018

The development of Mobility-as-a-Service in the Helsinki metropolitan area: A multi-level governance analysis

Matthias Finger, Maxime Ugo Julien Audouin

The concept of Mobility-as-a-Service (MaaS) has the potential to help break away from the current automobility system of private car ownership towards a more sustainable 'post-car' system. While technology undoubtedly plays an important role in the develop ...

ELSEVIER SCIENCE BV2018

Agency conflicts around the world

Erwan Morellec, Boris Nikolov

We use a dynamic model of financing decisions to measure agency conflicts for a large panel of 12,652 firms from 14 countries. Our estimates show that agency conflicts are large and vary significantly across firms and countries. Differences in agency confl ...

2018

Social Innovation and Resilience: exploring the dynamics and impacts on the digital transformation of governance & society

Gianluca Carlo Misuraca, Gianluigi Viscusi

This paper is set out to establish the foundations for developing a framework to assess the potential impact of social policy innovation to contribute to the debate on the future of welfare systems. This calls in fact for monitoring the evolution of social ...

Association for Computing Machinery (ACM)2018

Crise et gouvernance : gouvernance urbaine dans un contexte de crise: trajectoires de villes intermédiaires haïtiennes après le séisme du 12 janvier 2010

Abigaïl-Laure Sarah Irène Kern

On January 12 2010, Haiti was hit by an earthquake of 7.2 on the Richter scale. Close to 220,000 persons died, more than 300,000 were wounded and almost two other million were displaced. The earthquake¿s epicenter was actually several kilometers away the c ...

EPFL2017

Medium-sized Haitian cities after the earthquake of 12 January 2010: an analysis of the urban governance from the perspective given by the Governance Analytical Framework GAF

Abigaïl-Laure Sarah Irène Kern

The concept of governance is generally understood to be the creation of a structure or an order that results from the interaction of a multiplicity of governing mechanisms and actors influencing each other. The notion is increasingly criticized mainly beca ...

2015

Shaping public sector innovation theory: an interpretative framework for ICT-enabled governance innovation

Gianluca Carlo Misuraca, Gianluigi Viscusi

The paper discusses from a conceptual standpoint the need for renewing the lenses through which looking at the phenomenon of ICT-enabled innovation in governance and policy-making, suggesting that a possible ‘new theory of public sector innovation ́ should ...

Springer Verlag2015

Essays in Empirical Corporate Finance

Stefano Colonnello

This dissertation consists of three chapters. The first chapter examines whether the availability of credit default swaps (CDS) has consequences for creditor governance. CDSs offer creditors the opportunity to hedge credit risk and may impact their willing ...

EPFL2015

Governance of competition and performance in European railways: An analysis of five cases

Matthias Finger

Based on extensive qualitative research, this article analyzes the governance of competition in European railways and relates this to their performance via five case studies covering the Netherlands, France, Germany, Sweden and the UK. Even though some tre ...

Elsevier Sci Ltd2014

CEO contract design: How do strong principals do it?

Rüdiger Fahlenbrach

We study changes in chief executive officer (CEO) contracts when firms transition from public ownership with dispersed owners to private ownership with strong principals in the form of private equity sponsors. The most significant changes are that a signif ...

Elsevier2013

Multi-level governance and transport policy: the case of local roads in Italy

Amanda Blomberg Stathopoulos

Italy is a multi-level polity where policymaking and implementation involves both public and private actors. Both territorial and functional decentralisation have an impact on the final results of policy making. In fact, territorial decentralisation implie ...

2012