IMD The Good Governance Crash Test Covid 19
Well-governed organizations have vastly overperformed poorly governed ones during the Covid-19 pandemic. Despite the vast difference in context, this is an exact repeat of the 2008 crisis. So why has governance become such a key differentiator? We investigate with reference to:
• the source of over-performance of well-governed companies
• the quasi-permanent issues faced by poorly governed companies
• the demonstration that well-governed companies are the ones that address the best environmental (E) and social (S) aspects – in other words that a good ESG starts with a good “G”.
Full paper here