Leading academics meet in Bath to discuss corporate governance

Leading academics from across the world are converging on Bath for a major conference discussing how companies hold themselves to account.

The Centre for Governance and Regulation in the School of Management is organising a two day conference on Challenges of Corporate Governance on 24 to 25 June. The conference brings together many leading lights of the academic and business worlds to discuss the state of corporate governance, as well as its transformation over the past decades and the future challenges.

Professsor David Yermack

Professor Kevin Murphy

On the first day two leading American professors, Professor Kevin Murphy of University of Southern California and Professor David Yermack from the New York University Stern School of Business, will give keynote addresses devoted to executive remuneration which is one of the most hotly debated and researched topics in corporate governance.

The first day will also host a special session where distinguished practitioners will discuss the state of corporate governance and proposals for change. The panel will bring together Sir Julian Horn-Smith, founding member of Vodafone Group and former Deputy CEO of Vodafone, Philip Lowe, Director General for Energy in the European Commission and former Director General of Competition, Charles Tilley, Chief Executive of CIMA and Lord Christopher Tugendhat, Former Chairman of Abbey National, in a panel chaired by Lord Ian MacLaurin, former CEO and Chairman of Tesco.

Professor Ania Zalewska

Professor Ania Zalewska

Conference organiser Professor Ania Zalewska, Professor of Finance at the School of Management and the Founding Director of the Centre for Governance and Regulation, said: “Corporate governance has grown to be one of the most important topics of the modern business world and developed into a major area of academic research over the last few decades. Yet, we are far from being able to say that we ‘cracked the issue’ of what good corporate governance practices are, or even how to define good corporate governance.

“The business world has been transforming so rapidly that we, as academics, have to be constantly on watch to address the challenges of the world and make our research inform the paramount issues. This conference is an example of an excellent communication and collaboration between the business world and academia.

“For many years, academic research in the area of corporate governance was dominated by studies focused on the U.S. but things are now changing. This conference is an excellent example of the broadening of leading corporate governance research to address non-U.S. issues. Eighteen out of the 24 papers presented at the Conference have been written by academics from overseas universities including contributors from the U.S., Hong Kong, Brazil, Germany, France, Lebanon, Norway, Finland to mention just a few.”

A leading international academic journal, the Journal of Empirical Finance, will be devoting a special issue to the conference, which will provide wide international dissemination of the contributions and help to cement the University’s position as a leading research player in this field.

Find the full programme for the conference here.

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