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2022 IESE-ECGI Corporate Governance Conference | IESE Business School

Corporate Governance, Corporate Culture and the Board's Culture


Monday, 3 October 2022

09:45 – 19:15 CEST 


Aula Magna, North Campus, Arnús i Garí, 3-7
IESE Barcelona, Center for Corporate Governance

Download Programme | Registration 

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About the Event:


The 2022 IESE-ECGI Corporate Governance Conference took place in Barcelona, on October 3, 2022, in person. This Conference discussed the role of corporate culture in corporate governance.

Corporate culture is considered a very relevant driver of the firm’s success. Unfortunately, there is neither widespread agreement on how to unpack the determinants of corporate culture nor on how those factors influence corporate performance. These concerns have awakened a new interest in corporate culture among scholars in the fields of corporate finance, economics, management and leadership, among others. Over the past ten years, relevant new theoretical and empirical work has been developed, with some promising results. Some large institutional investors have recently announced that they expect boards of directors to understand and discuss corporate culture, and promote one that sets the right tone for the organization. Boards should reflect on how to make sure that the firm’s culture supports its strategy. Unfortunately, we still have very few insights on how boards of directors can govern corporate culture.

This 2022 IESE-ECGI Corporate Governance Academic Conference discussed these issues from the specific perspective of the board of directors as the top decision-maker in an organization with a cross-disciplinary approach.
The Conference consisted of five sessions where a distinguished scholar presented a recent paper, followed by a discussant. It also included a session with CEOs and chairpersons of boards who discussed the implications of corporate culture for boards of directors.

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Monday, 03 October 2022 | 09:45 CEST

Chaired by


Anneloes Raes

Chaired by


Fabrizio Ferraro

Chaired by


Núria Mas


Chaired by


Africa Ariño

Chaired by


Carles Vergara

Conference Dinner


Marco Becht

Professor of Finance and the Goldschmidt Professor of Corporate Governance
Solvay Brussels School for Economics and Management, Université libre de Bruxelles
Fellow, Research Member

Jordi Canals

Professor of Strategic Management
IESE Business School, University of Navarra
Academic Member

Alex Edmans

Professor of Finance
London Business School
Fellow, Research Member

Xavier Vives

Professor of Economics and Finance
IESE Business School
Research Member


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