News

Capitalism and market forces have brought us great prosperity and progress. However, our current corporate governance system has compromised the stability and future of our society, explains Prof. Dr. Leen Paape in his speech. Our economy should not just be about profit and shareholder value, but about creating sustainable value, for everyone. According to Paape, it's time to broaden our view and redefine corporate governance. He calls upon society to relinquish the dominant logic and introduce system thinking, to define the long term and look for ways to allow companies to further take their place in society and strive for sustainable value creation.

As a part of Nyenrode Corporate Governance Institutes strategic focus on 'Making Markets Fit for Purpose', Nyenrode Business Universiteit and NewForesight Consultancy facilitated an author workshop to write a book on 'Changing the Game: How to Achieve Sustainable Market Transformation'.

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.

Full-time Master (MSc) in Management students reflect on their experience in the course Digital Business.

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.

The paradigm for, notably, listed and other systemic business (including institutional investors) is changing with business stewardship focusing on balanced long term value creation for all stakeholders and aligned with a widely-accepted societal agenda.

Ruud Huirne has been appointed new core lecturer for the Global Food Economy module, part of the Modular MBA in Food & Innovation. Program director Henk Kievit is pleased about the appointment: “We are proud that Ruud Huirne is core lecturer for this module. With his broad background, experience and vision, he brings a great deal that participants can learn from.” Huirne is director Food & Agri at Rabobank and is convinced that the Netherlands can play an important role in the global food economy.

When it comes to the business sector, digital transformation is not just a choice, but rather a necessity. That is what Dr. Ir. Wolter Lemstra reiterates, the core professor of Digital Strategy and Transformation – a course of the Modular Executive MBA in Business & IT. Lemstra: “At one point or another, every organization will have to face digital transformation. So the best approach is to be adequately prepared.”