Description
Book SynopsisExplore the interplay between corporate governance and strategic decision-making in this startling new resource In Understanding and Managing Strategic Governance, strategy and management experts Dr. Wei Shi and Robert E. Hoskisson deliver an insightful exploration of the influence that governance actors, like the board of directors, activist investors, institutional investors, and securities analysts, have on important strategic decisions. Based on surveying the latest research and analyzing unique datasets compiled by the authors, the book explains the impact that governance actors have on a firm's strategic choices and the quality of such choices as well as the unintended consequences of that impact. The authors also describe how executives can manage the conflicting interests of multiple governance actors and leverage the influence of these actors to make effective strategic decisions. In this book, you'll discover: How to avoid the strategic pitfalls that arise from governan
Table of ContentsPreface ix
About the Authors xiii
CHAPTER 1 Introduction to Strategic Governance and Internal Governance Actors 1
CHAPTER 2 Introduction to External Governance Actors 27
CHAPTER 3 Governance Actors and Corporate Strategy 65
CHAPTER 4 Governance Actors and Innovation Strategy 103
CHAPTER 5 Governance Actors and Competitive Strategy 131
CHAPTER 6 Governance Actors and Global Strategy 159
CHAPTER 7 Governance Actors and Stakeholder Strategy 195
CHAPTER 8 Governance Actors and Corporate Political Strategy 229
CHAPTER 9 Strategic Governance in a New Era 257
Index 285