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While larger listed companies are increasingly introducing an Internal Audit Function (IAF), this position rarely exists within smaller listed companies. The main reason cited is that these firms believe they are too small for such a role. This is one of the conclusions of the Internal Audit Monitor 2017 study carried out by FSV Risk Advisory on behalf of the Stichting Vaktechnisch Onderzoek IIA in collaboration with Nyenrode Business Universiteit.

Measures regarding compensation incentives for auditors have a different effect on their judgment and decision-making. This effect depends on factors such as various personality traits. This is one of the conclusions reached by Herman van Brenk in his dissertation titled “Compensation Incentives and Personality Traits: Three studies on their Joint Effects on Auditor Judgment and Decision Making”, for which he received his doctorate from Nyenrode Business Universiteit on Wednesday 6th of December.

The outcomes of research on innovation in family businesses debunk the myth that family businesses are not innovative. This is according to the research report by Prof. Dr. Roberto Flören, professor of family businesses at Nyenrode Business Universiteit, in collaboration with ING and NPM Capital. Family business owners are more supportive of innovation policy than owners of non-family businesses. At the same time, the study shows that when more financial resources are available, nearly one-third of family businesses will be more innovative. Family businesses are therefore on par with other types of businesses when it comes to innovation.

As of September 1st, Prof. Bas Hillebrand has been named professor by special appointment to hold the chair in “Innovations in Tourism”. Travel industry organization ANVR will hereby team up with Nyenrode Business Universiteit for a period of five years. In this chair, Hillebrand will carry out research with a focus on marketing and innovation in the travel sector. Rapid digital developments and critical consumers have turned the travel sector into a dynamic industry in which ANVR and Nyenrode see ample opportunity for research into innovation.

In today’s highly dynamic business environment, small and medium-sized enterprises (SMEs) adopting Lean need to do more than merely reducing waste in their processes. To achieve sustainable competitiveness, they need to develop an in-depth understanding of what their customers truly value and to broaden their value creation focus from internal processes to their value network. This is one of the conclusions that Erdogan Gülyaz has reached in his dissertation titled “Extending Lean Framework Beyond Conventional Boundaries: Exploring Value Creation and Appropriation in SMEs and Services”, with which he got his doctoral promotion on Thursday July 13th at Nyenrode Business Universiteit.