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Governance Mechanisms for Effective Leadership: the case of Spain

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  • Joan Ricart
  • Jose¨ A´lvarez
  • Miguel Gallo

Abstract

Most current work on Boards of Directors has been focused on what can be considered best practices for effective governance in terms of roles, composition, process and style. Furthermore, this literature can be divided among very practically oriented managerial work, and more rigorous, theoretically based work. Most of the empirical research in this area has been centered on Anglo‐Saxon countries. Some European countries, like Spain, have a very different governance tradition. Given this context, our present work deals with two complementary objectives: 1. To ascertain the current status of governance practices in Spain. 2. To obtain evidence about which of these practices may be associated with effective governance.

Suggested Citation

  • Joan Ricart & Jose¨ A´lvarez & Miguel Gallo, 1999. "Governance Mechanisms for Effective Leadership: the case of Spain," Corporate Governance: An International Review, Wiley Blackwell, vol. 7(3), pages 266-287, July.
    • Handle: RePEc:bla:corgov:v:7:y:1999:i:3:p:266-287
    DOI: 10.1111/1467-8683.00158
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    Cited by:

    1. Baixauli-Soler, J. Samuel & Sanchez-Marin, Gregorio, 2011. "Organizational governance and TMT pay level adjustment," Journal of Business Research, Elsevier, vol. 64(8), pages 862-870, August.
    2. Maria Antonia Garcia Benau & Emiliano Ruiz Barbadillo & Christopher Humphrey & Walid Al Husaini, 1999. "Success in failure? Reflections on the changing Spanish audit environment," European Accounting Review, Taylor & Francis Journals, vol. 8(4), pages 701-730.
    3. Ricart, Joan E. & Corrales, Jose M., 2000. "Managerial appraisal and compensation: The case of Spain," IESE Research Papers D/413, IESE Business School.
    4. Beatriz García Osma & Belén Gill‐de‐Albornoz Noguer, 2007. "The Effect of the Board Composition and its Monitoring Committees on Earnings Management: evidence from Spain," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(6), pages 1413-1428, November.

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