Corporate Governance, employment, and innovation
Invited Session: Monday 10th June, 15:30-16:30
Theme
The institutional framework of company and employment law has fundamental implications for the behaviour and performance of firms. At the macro level, the legal tradition and infrastructure of a country shape corporate governance decisions, and in turn these decisions have important consequences for economic growth and development. At the micro level, corporate governance arrangements enable and constrain key decision-making processes, including the definition and implementation of strategic objectives, the resourcing of firm activities, and the protection of stakeholders’ interests.
Compared to the attention given to intellectual property rights, Schumpeterian economists – with very few exceptions – have not explored in any depth issues related to corporate governance, and its key dimensions of shareholders’, workers’ and creditors’ rights. This is surprising, given 1) the broader context of overall declining labour shares of income and growing inequalities, 2) the central role of human capital for the performance of firms and industries, and 3) the short- and long-term effects of different possible allocations of stakeholders’ rights, and their evolution.
In this session, we will address some of the legal and economic implications of corporate governance, identify the latest regulatory trends, and discuss critical problems and new evidence.
Aristea Koukiadaki, Professor of Labour Law and Industrial Relations at the University of Manchester and Managing Editor of the International Labour Review at the International Labour Organisation, will provide an overview of the legal frameworks, and will identify current challanges.
Daniele Moschella, Professor of Economic Policy at the Institute of Economics, Scuola Superiore Sant'Anna will focus on the problem of workers’ representation on company boards and present new evidence of its effects on firm performance and employees.
Presenters
Aristea Koukiadaki
Aristea Koukiadaki is Professor of Labour Law and Industrial Relations at the University of Manchester and Managing Editor of the International Labour Review at the International Labour Organisation.
She holds a PhD from Warwick Business School and in the past worked at the Universities of Cambridge, Warwick, Manchester Business School and Lancaster. Her research focuses on the empirical study of law and on applied legal and policy analysis, with particular reference to comparative labour law, industrial relations and EU social policy. Her most recent work has been published in Human Relations and Journal of Common Market Studies and she was the co-editor of a book on the enforcement of EU labour law (The Effective Enforcement of EU Labour Law by Zane Rasnača, Aristea Koukiadaki, Niklas Bruun and Klaus Lörcher [Oxford: Bloomsbury Publishing, 2022). She is currently leading a UKRI (initially awarded as an ERC Consolidator Grant) project on classifying and understanding remedial rules and institutions in comparative labour law.
Daniele Moschella
Daniele Moschella is Associate Professor at Scuola Superiore Sant'Anna, Pisa, at the Institute of Economics. He received his education at Scuola Normale Superiore, Pisa and Scuola Superiore Sant'Anna, where he obtained a PhD in Economics.
His research interests span different areas of applied microeconomics, including industrial dynamics, international trade, and the economics of innovation and technological change. His work has been published in international peer-reviewed journals such as Research Policy, European Economic Review, Industrial and Corporate Change, Journal of Economic History, and Small Business Economics.
Organizer
Andrea Mina
Andrea Mina is Professor of Economics at the Institute of Economics and Pro-Rector for International Relations of Scuola Superiore Sant’Anna. Before his move to Sant'Anna as Associate Professor in October 2016, he was University Lecturer in Economics of Innovation at the Cambridge Judge Business School (CJBS). In Cambridge he held the posts of Senior Research Associate of the Centre for Business Research (CBR), Director of Economic Studies and Fellow of St Edmund’s College, and Policy Fellow of the Centre for Science and Technology (CSaP) of the University of Cambridge. He is now serving as Associate Scientific Coordinator of L'EMbeDS (Economics, Management and Law in the Era of Data Science) Department of Excellence of Scuola Superiore Sant'Anna, and is Visiting Professor at the Collège d'Europe, European Economic Studies Department, Bruges.
Professor Mina’s research focuses on the economics of science and innovation. His current projects concern the economics and management of new digital technologies and AI, environmental investments, technological diversification, corporate governance and firm behaviour, and the financing of innovation. His work has been presented at leading international conferences including, but not limited to, the NBER Summer Institute, DRUID, European Economic Association, International Schumpeter Society, European Commission/JRC-IPTS CONCORDi, Academy of Management and Strategic Management Society conferences.
