Corporate Governance and Business Ethics in Iceland by Throstur Olaf Sigurjonsson

Icelandic companies and institutions are often highlighted for being a microcosm within the larger global context, providing the perfect opportunity to advance knowledge of corporate governance and business ethics amid one-off events such as the 2008 financial crisis and the COVID-19 pandemic.

Corporate Governance and Business Ethics in Iceland provides real-world case studies of how institutions deal with governance and ethics in a country where the actions of one organization often have a huge ripple effect across the country. The book provides valuable insights for companies around the world, including topics as diverse as board independence, stakeholder relations, crisis management, environmental practices, international business, marketing ethics, and privacy across a wide range of industries.

The combination of topical case studies coupled with a hands-on approach to academic theory appeals to a wide range of readers, from undergraduate students to CEOs and boards of directors. Contributing to innovative discussions around Corporate Social Responsibility (CSR) and Environment, Society and Governance (ESG) frameworks, Corporate Governance and Business Ethics in Iceland encourages sustainable and positive ways forward.

Chapter 1 Introduction
Chapter 2. Literature review
Chapter 3. Levend Pensioenfonds: Board governance during decisions on interest rate changes
Chapter 4. LIVE pension fund: a question of board independence during the Icelandair share offering
Chapter 5. Icelandair & FFI: A Fierce Trade Union Struggle Amid Covid-19
Chapter 6. Bluebird Nordic Airlines: Compensation of pilots in times of competitive pressure
Chapter 7. Festi and Covid-19 Partial Compensation Program
Chapter 8. Eimskip: The Disposal of Old Ships in India
Chapter 9. Carbon offsetting in Iceland
Chapter 10. Islandsspil and HHI: Slot machines in Iceland
Chapter 11. Nicotine sachets in Netto supermarkets
Chapter 12. Decoding Genetics
Chapter 13. Conclusion

Throstur Olaf Sigurjonsson is a professor at the School of Business at the University of Iceland and a faculty at Copenhagen Business School in Denmark.

Robert H. Haraldsson is Professor of Philosophy and Director of Academic Affairs at the University of Iceland.

Jordan Mitchell is a case writer with published case studies at Harvard, IESE, Ivey, Darden, and Dalhousie.