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The move to divest many of the Crown corporations in Canada over the last seven years has had far‐reaching economic and social effects. Since divestment's inception, however, little research has attempted to examine some of the managerial and organizational implications of these policies; in effect, to determine whether or not divested (and other private) companies actually do operate in a more proactive and innovative manner than do Crown corporations. This article reports on a recent exploratory study that compared the processes by which new innovations are implemented in Canadian Crown and private corporations. It also assesses the impact of a number of external environmental factors on private firm and Crown operations. The results suggest that private firms do differ from Crown companies in that privatized organizations tend to show a greater willingness to take risks in developing new innovations and offer significantly greater rewards for innovative approaches and behaviors than do Crown corporations. Implications for encouraging future innovative behavior among both Crown and private firms are discussed.

Under the background of continuous sluggishness of the real economy and expansion of asset sectors, the Chinese economy exists a trend of “from the real to the virtual.” Managing the corporate financialization is the key to prevent the real economy “from real to virtual.” The paper explores the influence of family involvement on corporate financialization since family firms are an important proportion of real sectors.

Based on Socioemotional Wealth Theory, this paper makes empirical study using the data of Chinese A-share listed companies from 2008 to 2022 to explore the influence of family involvement on corporate financialization, mainly from the perspectives of family engagement, family identity of CEO and family control power.

These are the findings: (1) Family engagement will inhibit corporate financialization; (2) Compared with employing external managers, family members acting as CEOs will decrease corporate financialization; (3) The proportion of family ownership is negatively correlated with the level of corporate financialization.

The originality of this paper include these: (1) Analyzing the differences in the financialization of real enterprises with different characteristics and attributes; (2) Expanding the research on the internal motivation of the financialization of the real enterprises, and supplementing the research literature on family firms and corporate financialization; (3) Exploring the internal influence mechanism of financialization of family firms under the background of Chinese culture.

The purpose of this paper is to show the importance of policy discussions on the role of governance in limiting excessive risk-taking at times of turmoil.

Corporate governance measures are regressed on measures of risk taking using a sample of US bank holding companies (BHCs) during 2002-2014.

Results show that BHCs with more concentrated shareholders, more managerial ownership, smaller boards, and less outside directors undertake less risky investments with respect to total assets, loans, and off-balance-sheet items. Capital adequacy effect is overpowering pushing for more risky positions. Finally, banks with good governance push for less risky positions, even with larger capital ratios, during the financial crisis period relative to the precrisis boom.

This paper extends research on the association between bank ownership structure and risk taking. It adds to prior research by examining a key feature of banks, namely, their bank-specific capital adequacy. The relevance of this study stems from recent initiatives undertaken by the Basel Committee, the Group of Thirty (G30), and bank regulators to address deficient corporate governance structures that led to bank breakdowns.

One of the innovations of this paper is the use of risk-weighted measures to proxy for risk taking in banks, using risk weights used by bank regulators to adjust for operational risk, credit risk, and market risk.

Comparative performance measurement (CPM) is a tool that is increasingly advocated by both academics and practitioners yet its systematic implementation via consortium participation is rare. Using logistic regression and content analysis of survey results from Florida’s 297 city managers, the authors found support for performance measurement but limited belief in the utility and cost-effectiveness of CPM in their jurisdictions. Support for performance measurement as a management tool, organizational capacity, and belief in the Tiebout Hypothesis were found to be significant drivers of support for CPM. Graduate education was a significant predictor of assigning high priority to CPM, but community budget format was insignificant. These findings were consistent across both large and small cities. Respondents were skeptical regarding the benefits that might accrue to their jurisdictions relative to the time and resources needed for implementation.

This paper aims to investigate the association between board gender diversity and bank risk taking in an emerging market context.

The association between female board directorship and bank risk taking is examined, while controlling for board characteristics, managerial, concentrated, family and government ownership. Two-stage regression with instrumental variables is used for a sample of banks listed in Gulf Cooperation Council (GCC) countries during 2002-2014.

Results show that banks with more female board directors invest in less risky positions; the association is attenuated when the regulatory capital is larger, providing protection against risky investments, and female directors tend to invest less in risky asset positions in Islamic banks relative to conventional banks.

The relevance of the findings stems from the recent initiatives undertaken by the Basel Committee to address deficient corporate governance structures that lead to bank breakdowns and the diversified economy of the fast-growing GCC market, relying on banking services in the aftermath of the oil price drop.

This paper provides novel evidence on the influence of board gender diversity on bank risk taking in an emerging market context. This paper fills a gap in prior research by examining bank-specific regulatory capital adequacy and Islamic banking aspects.

Explains Inglehart’s theory that in advanced industrial societies, individual values have moved from materialism to a greater emphasis on freedom, self‐expression and the quality of life, or “postmaterialism”, and observes that postmaterialists want to work with people they like and to do interesting work rather than have a high salary or job security. Applies Inglehart’s theory of societal value change to assess a police organizational reform. Conducts a survey of the Washington State Police. Finds that command staff show the highest profession of postmaterialist values and troopers show the lowest. Believes leadership turnover is more likely than conversion to new values to bring about management commitment to community policing.

The decade of the 1980s was the decade of analysis, portfolio management, and process development. The emphasis was on strategic planning and not on strategic leadership. Little attention appears to have been given to ensuring that the right leaders and the right teams were in place to implement the strategies.

This paper presents the findings of a nation‐wide survey in the USA of the organizational environment, or climate, of UCEA affiliated preparation programs in educational administration. A factor structure extracted from the responses of 202 professors is described along with a data analysis of the forty‐two institutions they represent. Implications to program development are also made based on an analysis of variance among the participating institutions. This research was supported in part by the School of Education, New York University, and the Staff Affiliate Program of UCEA.

Studies of entrepreneurial orientation tend to merge its three components‐proactiveness, risk-taking, and innovativeness‐into a monolithic construct and analyze its relationship with firm outcomes at one point in time. This has resulted in knowledge voids related to the relative importance of the different components, their specific effect on value created by the firm, and their evolution over time. The present study links each component of entrepreneurial orientation to economic value creation using a longitudinal dataset. Results provide support for hypothesized relationships. Implications and avenues for future research are discussed.

A model is presented for the preparation of educational administrators that is in keeping with the needs and demands of a changing society. Beginning with a discussion of recruitment and selection, the structures, curriculum and instructional modes desirable in a programme that is compatible with the needs of the twenty‐first century are described. The model emphasises a field‐based programme in which theory and practice are integrated through a hierarchically structured problem‐solving approach to learning. Paid internships and sabbaticals for professional renewal are recommended. Commitment by universities, schools and individuals entering into and practising the profession of educational administration is called for.