Professor, University of Lausanne
In an article with N. Kavadis forthcoming in the Strategic Management Journal, we examine whether what agency theory proposes as good corporate governance and which has diffused as law and …
Does ‘good’ corporate governance prevent bad strategy? Read MoreWhy to expand into countries which have different institutions? Why take such risk? Assuming it is worthwhile, how to enter these countries? In a recently published book chapter (Castañer & …
Expanding into institutionally different countries – a new book chapter Read MoreDefining the organizational mission is one of the fundamental or quintaessential tasks of top management. The mission defines the organization, its aims, activities and outputs, its raison d’être in a nutshell, and hence …
Defining an organizational mission and its scope: The Nestlé case Read MoreIn business and corporate strategy, as the second dimension of relatedness – similarity being the other – complementarity has to do with the capability of two or more different elements to create …
On complementarity: definition and measurement Read MoreSince the early 1990s, there is a renewed academic interest in the notion of business complementarity, i.e. the complementarity between two or more businesses or companies (e.g. Harrison et al, …
On business complementarity Read MoreBusiness diversification – a corporation being active in more than one business or industry – is currently viewed negatively. Influenced by organizational economics and finance – agency theory (e.g. Ross, 1973; …
The currently biased use of the conglomerate term by stock analysts and strategy consultants Read More