Corporate Governance Research in the Wake of a Systemic Crisis: Lessons and Opportunities from the COVID‐19 Pandemic

Alessandro Zattoni · Amedeo Pugliese

102 citations0/0 files storedJournal of Management Studies

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Corporate Finance and Governance Corporate Governance and Financial Management Organizational Management and Leadership

Abstract

Abstract The Covid‐19 pandemic offers an unprecedented opportunity to advance research on how various corporate governance mechanisms shape firms’ decision‐making, survival and success. In the short term, corporate governance research could pinpoint which mechanisms in place before the pandemic (e.g., ownership structure, board attributes, executive compensation) will shape corporate responses, thus affecting firms’ survival in the post‐pandemic period. In the long term, the crisis will trigger structural changes in governance mechanisms to enable firms to either prevent or respond to the occurrences of potentially similar events. In the reminder of this essay, we will first discuss the peculiar nature of the recent crisis in relation to other recent crises. Then, we will analyse the impact of Covid‐19 on five key areas in the field of corporate governance (i.e., corporate purpose, ownership structure, board of directors, executive compensation and accountability) and, for each of them, we will suggest a series of research questions that contribute to redirecting and advancing the domain.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 102 citations exist upstream.

References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 2003Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms 2003Corporate Governance: Decades of Dialogue and Data 2020Corporate Immunity to the COVID-19 Pandemic 2020COVID‐19 and the Future of CSR Research 2020Strategic management during the financial crisis: How firms adjust their strategic investments in response to credit market disruptions 2020Strategic Management Theory in a Post‐Pandemic and Non‐Ergodic World 2012Group polarization on corporate boards: Theory and evidence on board decisions about acquisition premiums

Cited by

2022Board diversity’s antecedents and consequences: A review and research agenda 2023Firms’ responses to the COVID-19 pandemic 2022Toward a synthesis of the board‐strategy relationship: A literature review and future research agenda 2024High-quality assurance, ESG legitimacy threats and board effectiveness 2021Coping with the COVID-19 pandemic: the technical, moral and facilitating role of management control

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.