A special issue of the Corporate Governance and Sustainability Review journal

The editorial team of Virtus Interpress is happy to announce that a special issue of the journal “Corporate Governance and Sustainability Review” has been published. The papers in this special issue reflect the initial impact of the COVID-19 pandemic, in its first year, on corporate governance and sustainability.

The first paper written by Hugh Grove, Maclyn Clouse, and Tracey Xu, opens with the global impact of the pandemic and how it was experienced in the USA. The issue motivating this paper is how the pandemic impacted business operations and what implications are for corporate governance practices. This paper focuses on the important role of the board of directors in repositioning the manner in which they provide leadership and direction as corporations navigate the unique challenges that have emerged from the COVID-19 pandemic.

In the second paper, Mehtap A. Eklund and Hermann J. Stern discuss the impact the pandemic has on existing executive remuneration performance measurements from a Swiss point of view. It highlights important issues in executive remuneration that must be considered during the pandemic. The authors of this paper examine this important topic in the context of the pandemic in which they put forward the importance for companies to include environmental and social issues in addition to financial performance.

The third paper by Michael Snowden, Roopinder Oberoi, and Jamie P. Halsall discusses the impact of the pandemic on a different organisational form — that of social enterprises in the UK. This paper proposes the social entrepreneurial approach as a renewed way forward to support new ideas and solutions to the unique position COVID-19 has placed on the global environment. The authors support the view that post-COVID will not be “back to normal”, rather a “new normal” needs to be explored and social entrepreneurial represents a model to respond to the unique challenges emerging from the global pandemic.

Francisco José Leandro and Eusebio Chiahsin Leou, in the fourth paper of the issue, review the adjustments made by the higher education sector to the pandemic with the authors’ experience in Macau. This paper examines key aspects of how COVID-19 impacted this sector. The disruption to learning and the measures which have had to be implemented to sustain the learning environment of universities is both important and of interest to academics worldwide.

The last paper in this special issue, by Michael Lester, Marie dela Rama, and Julie Crews, looks at the Australian pandemic health and economic response. This paper provides an insightful analysis on the COVID-19 experience and response management by Australia. The authors have raised a central and important question as Australia and the rest of the world negotiate a “new normal” in the post-pandemic environment. The question is whether this “new normal” will encompass a balanced and sustainable model in a post-neoliberal world which requires a more equitable balance to address the future challenges of climate change, the widening gap between rich and poor, and systems which seek to restore dignity and opportunities to some of the most marginalised in the communities.

The full issue of the journal is available at the following link.

We wish you pleasant and informative reading!