Institutions, Corporate Governance, and Internationalisation

Dear Colleagues,

In the current knowledge economy, organisations, which are created under different legal forms, need to be sustainable. Moreover, these legal forms influence the adoption of specific governance and management models, which can be grounded in several theories (e.g., institutional, stakeholder). In fact, organisations increasingly need to be transparent and accountable to their different stakeholders, which stresses the importance of fostering relationships with them.

New challenges, such as organisational sustainability or internationalisation, are now deemed crucial in a global world. Thus, in order to respond to these new challenges, business models must be continuously adapted, and managers must develop new skills. At present, institutions have to create intellectual capital by being innovative in their processes while aiming to be sustainable in their practices. Organisations are now more accountable for their actions due to stakeholders’ pressures, and such processes and practices must be adequately disclosed.

Institutions must adapt to local needs and demands. It is up to managers to adapt their decisions to maximise institutions’ value for their stakeholders in broader terms, and for their shareholders, in a more specific stance.

This Special Issue aims to open a discussion on institutions—more specifically, on how they should adapt their governance models to the challenges posed by internationalisation and sustainability while fostering their relationships with different stakeholders.

Prof. Dr. Rui Bertuzi
Prof. Dr. José Vale
Guest Editors

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