New issue of the Corporate Board: Role, Duties and Composition
The editorial team of Virtus Interpress is proud to publish the last issue of the Corporate Board: Role, Duties and Composition journal in 2022 (volume 18, issue 3). This issue contains papers authored by scholars from different countries and continents, such as the USA, China, and Italy.
The papers in this new issue investigate a wide variety of topics within the problems in the corporate board, in particular, environmental, social, and corporate governance, independent directors, agency theory, servant leadership, minority directors and shareholders, education, trust, bank performance and profitability, director remuneration, board governance, climate guidance and opportunities.
The full issue of the journal is available at the following link .
The aim of the first study by Pietro Fera, Gianmarco Salzillo, and Caterina Cantone is to propose a systematization of determinants and consequences related to the appointment of minority directors. This paper is of interest to academics, as well as practitioners and regulators, as it provides an academic framework related to the appointment of minority directors on which insights for future developments depend.
In their paper, Shirley Mo Ching Yeung and Francis Chun-Cheong Wong provide insights into the role of leadership in transforming organizations towards a more sustainable future. The authors, departing from previous papers did a qualitative study that challenge common sense regarding several critical topics, among them: sustainable human development experiences, complementary design, holistic development of products, a new vision for society, adaptations of current teaching practices, an extension of the “end-of-life” concept, stable policies, multifaceted concept applications as well.
Paolo Capuano explores the relationship between board director compensation and bank performance for the period 1999–2021, considering the US banking system. The author goes beyond the normal studies that focus on Chief Executive Officer (CEO) compensation and the respective relation to performance and broadens his study to encompass the whole board of directors. The results of this study can help banks identify best practices for bank management as well as provide useful insights to different categories of stakeholders, especially the bank regulators and supervisors.
The final paper, by Hugh Grove, Maclyn Clouse, and Tracy Xu, focuses on whether net zero pledges are a dangerous trap for boards of directors’ guidance and monitoring of their companies’ climate activities and opportunities. This paper provides an overall climate perspective for boards and provides some guidance for assessing the role of companies in climate activities and opportunities.
We hope that the readers of the journal will find this issue worth reading!