Corporate Governance And Business Ethics In Iceland

Corporate Governance and Business Ethics in Iceland provides real-world case studies of how institutions approach governance and ethics in a country where one organization’s actions often have a massive ripple effect throughout the entire nation.

Corporate Governance and Business Ethics in Iceland provides real-world case studies of how institutions approach governance and ethics in a country where one organization’s actions often have a massive ripple effect throughout the entire nation.

This book examines the efforts of major Icelandic economic institutions to regain the public’s trust, 10 years after the financial crisis that ruined personal savings and fostered anger towards business and politics. The studies collected here provide insights into restoring relationships between communities and institutions.

This book explores the nature and uniqueness of leadership in Iceland within a business and economic context. Starting with an analysis of Iceland’s geographical location, historical development and societal culture, the authors critically examine the major elements of the Icelandic business environment from an individual to a global level, and from economic prosperity to financial collapse. They particularly focus on leadership and human resource management within this unique societal culture and discuss the specific issues that are unique to Iceland, i.e. entrepreneurship, gender egalitarianism, equality, low power-distance, reflecting on, and orienting within contemporary leadership theories. The book covers a variety of analytical methods and cases, providing a unique introduction to leadership in Iceland, and opening avenues for further research into this relatively new phenomenon.

Cover -- Half Title -- Title Page -- Copyright Page -- Contents -- List of figures -- List of tables -- Foreword to the first edition -- Preface to the second edition -- Acknowledgements -- 1 Cycles of governance -- 2 Boards and directors: the political mechanisms of corporate governance -- 3 Finance, law and markets: the institutional elements of corporate governance -- 4 Anglo-American corporate governance -- 5 European corporate governance -- 6 Asia Pacific corporate governance -- 7 Corporate governance in the emerging economies -- 8 The globalization of corporate governance -- 9 Corporate social responsibility -- 10 Corporate sustainability -- CASE STUDIES: CORPORATE GOVERNANCE IN CRISIS -- Enron-era case studies (2001-2004) -- 1 Enron -- 2 WorldCom -- 3 HIH Insurance Group -- 4 Parmalat -- Global financial crisis case studies (2007-2009) -- 5 Lehman Brothers -- 6 Royal Bank of Scotland -- 7 UBS -- 8 Iceland -- Asia Pacific case studies (2009-2014) -- 9 Satyam -- 10 Olympus -- Corporate responsibility and sustainability case studies (2001-2016) -- 11 James Hardie -- 12 BP -- 13 Volkswagen -- Bibliography -- Index

“A well-written, taut, and empathetic novel that provides readers with an unnerving vicarious experience.”—SLJ Fourteen-year-old Cameron Galloway of Lexington, Washington, understands that he has schizophreniform disorder and needs to take pills to quiet the voices in his head. But he likes the voices, especially the gentle, encouraging voice of The Girl. Conflicted, he turns to his friend Nina Savage, who is clinically depressed and can relate to his horror of the numbing effects of medication. They make a pact to ditch the pills. At first they feel triumphant, but soon Cameron’s untreated mind goes haywire—to disastrous effect.

Gender diversity as a corporate governance mechanism is high on the agenda for regulators, firms, and researchers. Particularly, gender board composition has received a great deal of attention in recent years. The theoretical foundations of the benefits associated with the inclusion of female directors on boards, how to measure gender diversity in the boardroom, and its real impact on board decisions and firm strategies remain hotly debated. Drawing on empirical data, this book summarises the current situation regarding gender board diversity and provides a concise overview of the most important concerns about this topic. This will be a vital tool to guide the future debate on gender diversity and corporate governance for researchers and advanced students, as well as regulators, policy makers and board members.

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