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The article analyses governance difficulties at Fagor Electrodomésticos, for decades the world's largest industrial cooperative, and sheds light on how the cooperative model and governance might have contributed to the firm's bankruptcy. The case study examines how the cooperative model influenced the speed and quality of decision making. The roles of the main cooperative governing bodies (the General Assembly, Governing Council and Social Council) are evaluated and their limitations to effectively supervise and work with management to make difficult strategic decisions. Several governance improvement measures are proposed in order to help other large cooperatives combine democratic control and economically sound governance.

Urban regeneration projects involve complex contractual deals between public- and private-sector actors. Critics contend that contracts hamper opportunities for flexibility and change in these projects due to strict provisions that are incorporated in legal agreements. This article offers contrary empirical insights based on a study of contractual arrangements for urban regeneration projects in the Netherlands, including an analysis of interviews and confidential documents. It zooms in on provisions on safeguarding and adaptation, finding that urban regeneration projects remain receptive to flexibility and change. Public-sector actors use their room to manoeuvre while operating contracts, seeking to secure social relations and keep projects going. This article taps into data sources that are difficult to access, addressing what is included in contracts and how they are used by practitioners, and presents questions for future research on contracts in the urban built environment.

PurposeThis paper aims to investigate the role of dynamic capabilities in the Information Technology (IT) Governance view framework and explores the relationship between three domains of IT governance (Strategy, Management and Operations) and firm performance.Design/methodology/approachIn this study, the authors used a mixed methods approach and using a survey instrument and its validation with interviews, to collect data from 134 successful European SMEs in the multi-country setting of Belgium, Bulgaria, Denmark, Spain and the UK.FindingsThe findings show that various IT governance mechanisms function as dynamic capabilities and are directly associated with firm performance. The impact of each mechanism is different.Originality/valueThis study highlights the relationship between IT governance acumens and organisational performance. It contributes to the field of IT Governance Framework in management, and the results may be generalisable to wider economies and different organisation types.

In Indian cities, a variety of state and non-state political actors and institutions play a role in regulating infrastructures in the everyday. Anthropological approaches to the everyday state have demonstrated how residents experience and discursively construct the state in relation to key services and amenities. However, less is known and theorized regarding how city-dwellers and public authorities understand and experience political space and power related to urban infrastructure that includes a variety of actors operating in tandem with, or even outside the bureaucracies and purview of, the state. This article partially addresses this lacuna through ethnographic research on (1) residents' experiences and narrations of the everyday infrastructural governance of water and (2) the practices of key political actors who engage in regulating urban water infrastructures in Delhi's neighborhoods. This research demonstrates that political actors' and residents' narratives and practices related to the infrastructural governance of water sharply contest both singular and dichotomous (state/non-state) readings of state power, instead revealing nuanced and situated understandings of hybrid and negotiated forms of "infrastructural power." In particular, the practices and narratives of both residents and political authorities bring attention to the ways social and political power is decentered in the everyday and the porosity of the institutions of everyday infrastructural governance. My findings show the complex ways that infrastructures are tied to differing experiences, understandings, and articulations of power in relation to urban environments.

Abstract Science-policy interface organizations and initiatives (SPIORG) are a key component of environmental governance designed to make links between science and society. However, the science­policy interface literature lacks a structured approach to explaining the impacts of context on and by these initiatives. To better understand these impacts on and interactions with governance, this paper uses the concept of the governance 'meshwork' to explore how dynamic processes — encompassing prior, current and anticipated interactions — co­produce knowledge and impact via processes, negotiation and networking activities at multiple governance levels. To illustrate the interactions between SPIORGs and governance meshwork we use five cases representing archetypal SPIORGs. These cases demonstrate how all initiatives and organizations link to their contexts in complex and unique ways, yet also identifies ten important aspects that connect the governance meshwork to SPIORGs. These aspects of the meshwork, together with the typology of organizations, provide a comprehensive framework that can help make sense how the SPIORGs are embedded in the surrounding governance contexts. We highlight that SPIORGs must purposively consider and engage with their contexts to increase their potential impact on knowledge co-­production and policy making.

This study identifies three types of legitimation from the literature that can be applied within metropolitan governance in the contested sphere of spatial planning: input legitimation, throughput legitimation, and output legitimation. The reason for discussing different forms of legitimation within metropolitan governance is that, globally, only a relatively few metropolitan regions are governed directly through a single elected tier of government such as a regional council. Thus, governance mechanisms in most metropolitan regions involve some form of joint working or cross border governance initiatives that have to be legitimized in the absence of a single overarching elected council covering the whole metropolitan area. The main question discussed in this paper is, therefore, whether all three types of legitimation identified are utilized to legitimize governance mechanisms at the metropolitan scale with a specific focus-as a core part of metropolitan governance-on spatial planning processes and projects. In conceptual terms, our typology structures fuzzy lines of legitimation across the three (the "how", "who" and "what") suggested aspects of metropolitan governance in the literature. From this point, we draw on cross-case reviews of variables involved in the design, application, and outcome of input, throughput, and output legitimation in Germany and England, chosen because neither has a formal tier of metropolitan-wide government despite their differences in terms of their highly regionalised and highly centralised national government contexts respectively. This relational methodology helps us to learn about the contextual dynamics of how the three types of legitimation might reinforce one another in different international settings, leading to the overall conclusion that they will work best in combination, although output legitimation has a distinctive capacity to work in less formal settings.

The present study aims to review systematically the state of the art of corporate governance in India. The study uses a sample of 161 published research papers extracted from 101 journals and 17 publishers' databases. The results indicated that 151 studies investigated the board of directors' issues, 90 studies analyzed ownership structure, 64 studies discussed audit committee attributes, and 11 articles studied audit quality. The results provided that among corporate governance issues, board and audit committee independence, foreign and institutional ownership have the highest and majority focus of research in India. In terms of the relationship of corporate governance with other areas, the results exhibited that financial performance has a major concern in prior research. The results also indicated that there is a lack of studies that have samples after 2015. Further, the results observed that there are numerous conceptual repetitive studies and the majority of the studies followed either descriptive statistics or basic regression analysis. The current study provides an insight for academicians, policymakers (e.g., Securities and Exchange Board of India and Ministry of Corporate Affairs-Government of India) research organizations and funding agencies of what has been done and what is left to be done. The study makes a novel contribution to the strand literature of corporate governance in India. It highlights the substantial knowledge gaps in this field and provides a potential agenda for academicians, research organizations, and funding agencies for future research.

Fully decarbonising global power supply is essential to meet the objectives of the Paris Agreement. A wide range of inter- and transnational governance institutions exist that work towards the transformation of the power sector. But are these governance efforts sufficient to address the challenges? To address this question the article first identifies governance needs on the basis of systemic sector-specific transformation challenges and discusses the potential for international governance to address them. Second, the paper surveys existing inter- and transnational institutions and assess to what extent they exploit the potential of international governance. The analysis shows that many of the governance needs are already being satisfied to some extent, particularly with respect to the deployment of renewable energy. It also shows that a significant blind spot remains: the phase-out of fossil fuels for electricity generation. The detailed analysis enables us to identify options for enhancing the governance landscape.

Large-scale changes in human behaviour are urgently needed to prevent future pandemics involving zoonotic diseases such as COVID-19. However, this will not happen to the required degree, and with sufficient speed, without a major shift in how humanity collectively governs itself. Alongside a shift in focus from individual behaviours to the structural conditions underpinning the world economy that shape human behaviours, effective global governance presses us to connect more dots than ever before. The One Health approach is an important starting point but we need to go much further.

This study develops a 'comply or explain' index which captures compliance and quality of explanations given for non-compliance with the corporate governance codes in UK and Germany. In particular, we explain, how compliance and quality of explanations provided in non-compliance disclosures, and various other internal corporate governance mechanisms, affect the market valuation of firms in the two countries. A dynamic generalised method of moments (GMM) estimator is employed as the research technique for our analysis, which enabled us to control for the potential effects of endogeneity in our models. The findings of our content analysis suggest that firms exhibit significant differences in compliance, board independence and ownership structure in both countries. The 'comply or explain' index is positively associated with the market valuation of UK firms suggesting that compliance and quality governance disclosure is value relevant in the UK. Institutional blockholders' ownership is however, negatively associated with the market value of firms, which raises questions about the monitoring role of institutional shareholders in both countries. We argue that both compliance and explanations given for non-compliance are equally important, as long as valid reasons and justifications for non-compliance are provided by the reporting companies. These findings thus imply that the 'comply or explain' principle is working well and that UK and German companies could benefit from the flexibility offered by this principle. With respect to the role of board size, board independence, ownership structure, and institutional ownership of firms, this study offers policy implications.

Research in both public administration and place development has identified a need to develop more participatory approaches to governing cities and regions. Scholars have identified place branding as one of several potential policy instruments to enable more participatory place development. Recently, academics working in diverse disciplines, including political studies, public administration, and regional development have suggested that an alternative, bottom-up, more participatory approach to place branding could be employed. Such an interdisciplinary approach would use iterative communication exchanges within a network of diverse stakeholders including residents to better foster stakeholder participation, contribute to sustainable development, and deliver substantive social justice and increased citizen satisfaction. Building on this research and using an exploratory, qualitative, case-study methodology, our aim was to observe and analyze such interactions and communicative exchanges in practice. Drawing on the experience of the Australian state of Tasmania, we studied stakeholder reactions to the participatory place branding approach. We found that although participants were initially skeptical and identified many barriers to implementing participatory place branding, they simultaneously became excited by its possibilities and able to identify how many of the barriers could be transcended.