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Article
Publication date: 15 June 2010

Dimitrios N. Koufopoulos, Ioannis N. Lagoudis, Ioannis N. Theotokas and Theodoros C. Syriopoulos

Corporate governance is an area of interest to researchers, stakeholders and the general public. In recent times, there has been an increased concern about the

Abstract

Purpose

Corporate governance is an area of interest to researchers, stakeholders and the general public. In recent times, there has been an increased concern about the effectiveness of the board within corporate organizations due to corporate scandals and accounting irregularities of some well known firms, which highlighted the inefficiency of monitoring corporate boards and the overseeing of managerial decision making. This paper aims to investigate the effects that a number of factors such as organisational demography, organisational size, ownership type, board size, CEO duality and CEO dependence/independence have on board configuration.

Design/methodology/approach

The paper reviews the literature on organisational demography and board structure characteristics. Primary data were gathered from 27 management shipping companies having their head office in Greece.

Findings

Findings show high levels of influence of the CEOs on the Board of Directors, since in most cases the CEO is the Chairman of the Board and high levels of control asked by the top management teams in almost all strategic decision processes.

Originality/value

The paper's contribution lies primarily on investigating issues relating to corporate governance in an extremely dynamic, highly extrovert, truly international and at the same time family owned sector; the shipping industry.

Details

Corporate Governance: The international journal of business in society, vol. 10 no. 3
Type: Research Article
ISSN: 1472-0701

Keywords

Content available
Article
Publication date: 17 June 2019

Ioannis Lagoudis, Eleftherios M. Madentzoglou, Ioannis N. Theotokas and Tsz Leung Yip

The role of clusters in the development and growth of local and national economies has been extensively studied and discussed in global literature. Different methodologies…

Abstract

Purpose

The role of clusters in the development and growth of local and national economies has been extensively studied and discussed in global literature. Different methodologies are used for analysing the impact these have in national and regional economies, such as the input–output (IO) and gravity models. This paper aims to detail the methodologies present in the literature and propose a new robust theoretical framework, which facilitates the evaluation and comparison among maritime clusters in terms of attractiveness assisting stakeholders to devise strategies, which will attract companies.

Design/methodology/approach

An index is created composed of five key categories, namely, infrastructure, financing, governance, manpower and institution/legislation. For the analysis of the index, multi-attribute utility theory (MAUT) is used as a tool to evaluate the importance and performance of the different attributes using both quantitative and qualitative criteria. The methodology has been tested via the use the Piraeus maritime cluster.

Findings

The framework has been tested on its robustness and friendliness to the user providing useful insights to the stakeholders. Among the results has been the importance of the finance, manpower and infrastructure attributes, which appear to promote the cluster’s attractiveness. In addition, legislation and institutional partnerships, along with Government support, need to take place improve the performance of the cluster.

Research limitations/implications

A key limitation is the fact that the methodology has been tested in a single case. Applying the methodological framework in a wider sample of clusters will significantly improve the present work.

Originality/value

The proposed model takes further existing research in the field via adopting the philosophy of the World Bank’s Logistics Performance Index. Among the benefits of the proposed index is that it offers the flexibility and robustness to compare among different maritime clusters globally and can be readily used as a benchmarking policy tool at national, regional and global levels at any given point in time and attribute dimension.

Details

Maritime Business Review, vol. 4 no. 2
Type: Research Article
ISSN: 2397-3757

Keywords

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