Corporate Governance
extensive, complex and comprehensive
Corporate governance is central to a large number of corporate stakeholders and is characterized by practical and scientific stimuli. Its subject area is dynamic and requires continuous adaptation to new social, regulatory and business requirements. In short, the topic is challenging and demands a lot from all stakeholders. It is therefore all the more important to identify development potential in order to pursue the guiding principle of "Good Corporate Governance" as it is the only way to make a contribution to knowledge on the part of academia and to achieve a sustainable competitive advantage for practice.
The Network for Innovative Corporate Governance (NICG) is a cooperation between the University of St. Gallen and several practice partners for an in-depth scientific study of the topic. The aim of NICG is to collect existing long-term approaches, to coordinate them and, building upon, to create new, innovative approaches and solutions in corporate governance. As the name of the network indicates, innovation is a central component of research. In comparison to the classical definition, the introduction of something new, innovation for the NICG is not only a reformation approach of existing systems, but increasingly also an appeal to handle the dynamics in corporate governance and to anticipate "disruptions of the system" at an early stage. The NICG hopes it enables to collect and discuss scientific research approaches and present the results in a way that is both benefit-oriented and meaningful for society and business.