The importance of disclosure in corporate governance self-regulation across Europe: A review of the Winter Report and th

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Volume 1 Number 2

The importance of disclosure in corporate governance self-regulation across Europe: A review of the Winter Report and the EU Action Plan Gregory F. Maassen, Frans A. J. van den Bosch and Henk Volberda Received: 22nd October, 2003 Erasmus University, Rotterdam School of Management, Burgemeester Oudlaan 50, P.O. Box 1738, 3000 DR Rotterdam, The Netherlands; Tel: +31 (0)10 4082210; E-mail: [email protected]

Gregory F. Maassen specialises in Technical Assistance Projects in the field of economic law reform and corporate governance in transitional economies. He was a senior corporate governance specialist at the International Finance Corporation of the World Bank Group with working experience in Armenia (three years as a corporate governance project manager), Georgia, Uzbekistan, Indonesia, Azerbaijan, Mongolia, Kazakhstan, Ukraine and Russia. He is currently working as the Project Manager of the Macedonia Corporate Governance and Company Law Project of Deloitte Touche Tohmatsu/USAID in Skopje. In addition, he is a research consultant for Spencer Stuart European Board Practices (editor of Spencer Stuart Board Indexes) and an assistant professor at Rotterdam School of Management, Erasmus University in the Netherlands where he teaches MBA courses on corporate governance and strategic management. He wrote his dissertation (1999) on international corporate-governance models.

International Journal of Disclosure and Governance, Vol. 1, No. 2, 2004, pp. 146–159 ß Henry Stewart Publications, 1746–6539

Page 146

Frans A. J. van den Bosch is a professor of management at the Department of Strategic Management and Business Environment, Rotterdam School of Management, Erasmus University, Rotterdam. He holds a master’s degree (cum laude) in economics from the Erasmus University, Rotterdam and a PhD in law from Leyden University. His current research interests include

managerial and knowledge-based theories of the firm, strategic renewal, intra and interorganisational governance structures, corporate governance and corporate responsiveness. He has published several books and papers in journals such as the Journal of Management Studies, Long Range Planning, Organization Science, Organization Studies and Business and Society. He is co-director of the Erasmus Strategic Renewal Center (ESRC) and of the research program ‘Managing Strategic Renewal of Multiunit Firms and Networks in Turbulent International Environments’ of the Erasmus Research Institute of Management (ERIM).

Henk W. Volberda is a professor of strategic management and business policy and Chairman of the Department of Strategic Management and Business Environment, Rotterdam School of Management, Erasmus University, Rotterdam. In 1992, he earned his PhD cum laude in business administration from the University of Groningen. For his research on strategic flexibility, he received several awards including the Igor Ansoff Award 1993. His research interests include strategic flexibility, new organisational forms and strategic management of innovation. He has