The Power of the Pen Reconsidered: The Media, CEO Human Capital, and Corporate Governance

2016 ◽  
Author(s):  
Baixiao Liu ◽  
John J. McConnell ◽  
Wei Xu
Information ◽  
2021 ◽  
Vol 12 (7) ◽  
pp. 275
Author(s):  
Peter Cihon ◽  
Jonas Schuett ◽  
Seth D. Baum

Corporations play a major role in artificial intelligence (AI) research, development, and deployment, with profound consequences for society. This paper surveys opportunities to improve how corporations govern their AI activities so as to better advance the public interest. The paper focuses on the roles of and opportunities for a wide range of actors inside the corporation—managers, workers, and investors—and outside the corporation—corporate partners and competitors, industry consortia, nonprofit organizations, the public, the media, and governments. Whereas prior work on multistakeholder AI governance has proposed dedicated institutions to bring together diverse actors and stakeholders, this paper explores the opportunities they have even in the absence of dedicated multistakeholder institutions. The paper illustrates these opportunities with many cases, including the participation of Google in the U.S. Department of Defense Project Maven; the publication of potentially harmful AI research by OpenAI, with input from the Partnership on AI; and the sale of facial recognition technology to law enforcement by corporations including Amazon, IBM, and Microsoft. These and other cases demonstrate the wide range of mechanisms to advance AI corporate governance in the public interest, especially when diverse actors work together.


2008 ◽  
Vol 63 (3) ◽  
pp. 1093-1135 ◽  
Author(s):  
ALEXANDER DYCK ◽  
NATALYA VOLCHKOVA ◽  
LUIGI ZINGALES

Author(s):  
Husen Sutisna ◽  
Aida Vitayala S. Hubeis ◽  
Muhammad Syamsun

Changes in business environment lead various companies to continue to strive to improve their business strategies in order to survive and have a competitive advantage. The peak changes occurred with the coming of business era in the era of information and science. In this era, business strategies that are considered suitable, among others, the application of human resource development system based on human capital and company management based on corporate values and good corporate governance (GCG). PTPN VII as state-owned enterprise in agribusiness has tried to implement the system. This study aimed to examine the relationship between human capital, corporate values ​​and GCG and their relation to the performances of the employees and the company. The population of this research as many as 400 people consisted of the employees of PTPN VII head office, but the number of the samples set  was 120 respondents. The sampling technique used was non-probability sampling with quota sampling technique. The methods of processing and analyzing the data was structural equation modeling analysis-partial least squares (SEM-PLS),  and the data processing used software smartPLS. The results indicated that the implementation of human capital by the company contributed positively to the increase of the employee performance. The implementation and internalization of corporate values ​​to the employees positively contributed to the improvement of the employee performance. The increased employee performance  played a positive role in improving the company performance. The implementation of corporate governance principles could improve the performance of the company, but did not play a great role in improving employee performance


2006 ◽  
Author(s):  
Alexander Dyck ◽  
Natalya Volchkova ◽  
Luigi Zingales

Author(s):  
Cécile Cézanne

For the past 30 years, the organization and functioning of firms have considerably changed, especially with the growing importance of human capital. In parallel, the primacy of the shareholder governance model has maintained. The aim of this chapter is to review the main theoretical and empirical elements of this paradox and to propose a renewed model of firm governance that takes into account the intrinsic nature of critical human capital incorporated by key employees. The chapter shows that the inalienable residual rights of control inherent to specific human capital are inconsistent with traditional disciplinary models of corporate governance. They rather call for a model of regulation of economic power exercising based on work motivation. This original model that the author calls the “multi-resource model” aims to encourage, retain, and collectively enrich critical resources by using an original operational device based on complementary instruments of incentive and coordination.


2011 ◽  
Vol 51 (2) ◽  
pp. 724
Author(s):  
Lisa Barry

In the wake of the Montara spill many companies have renewed efforts to review and implement leading safety and environmental performance; however, the issue is conceivably even more fundamental. With the recent Deepwater Horizon spillage, BP has booked a $US 32.2 billion provision to cover the costs of the spill—with the result that the company recorded the worst quarterly loss in British corporate history. What would a board need to know, in what form, and by when, in such a situation? Does the governance of such issues need to be strengthened? And in what way? How material and how effective is the oversight exercised by boards over operations of high technical expertise and remote location? What are the questions that boards should be asking about safety and environmental performance? And what are the real lead indicators of risk and performance shortfall? This presentation will draw from research by Deloitte’s Centre for Corporate Governance, as well as from interviews with Australian directors. It will also explore the issue of safety and environmental risk from the human capital perspective of talent management and shortage—mindful that the very impetus for the recently released report by the National Resources Sector Employment Taskforce was the decision to sanction the Gorgon LNG Project now underway. Finally, this presentation will outline some of the latest data analytics available to boards and management to gain insight into OHS and environmental incidents so that they can design measurable interventions to minimise risk.


Sign in / Sign up

Export Citation Format

Share Document