Boards of Directors and the Governance of Emergence Risk
Grant number: DP1094986 | Funding period: 2010 - 2014
Completed
Abstract
Australian firms systematically under-invest in innovation and other future-oriented activities. An underlying premise of this research is that, in part, this is because they do not systematically include emergence risk in their governance activities. If we find that this is the case, one impact of this research will be to contribute to a rethinking of the roles and practices of boards of directors. A consequence of this will be that Australian corporations will become more competent in the management of innovation and other future-oriented activities.