• An effective board makes the necessary trade-offs

      Van den Berghe, Lutgart; Levrau, Abigail (Palgrave, 2013)
      The objective of this paper is to investigate the impact that individual raters have on maturity assessments of organizations in the particular context of business process management (BPM). The hypotheses tested relate to the extent of the impact of individuals on maturity score variances and with the enforcing effect of organizational size on the disagreement among employees within organizations. Eight multilevel random-effects analyses for eight separate maturity dimensions clarify the intra-class correlation (agreement) within organizations. The analyses are based on a data set with a strictly hierarchical two-level data structure of employees (1755) nested within organizations (61). Results show that variance within organizations is significantly larger than zero and is even more important than variance between organizations. We conclude that a large individual background effect exists when rating an organization's business process maturity. In addition, we find that the larger the organizations are, the more disagreement within organizations is visible. Copyright © 2012 John Wiley & Sons, Ltd.
    • Bancassurance: Economische duiding ten behoeve van de jurist

      Verweire, Kurt; Van den Berghe, Lutgart (Wolters Kluwer Belgium, 2002)
    • Corporate Governance : Comment optimiser votre conseil d'administration?

      Van den Berghe, Lutgart; du Bus de Warnaffe, Sibylle (Wolters Kluwer Belgium, 2003)
    • Corporate governance and initial public offerings in Belgium

      Fassin, Yves; Levrau, Abigail; Van den Berghe, Lutgart (Cambridge University Press, 2012)
      Internet adoption in China is booming and purchasing power is growing steadily. Increasing numbers of Chinese turn to the Internet to search for information prior to a purchase. Based on 32 h of interviews with students and business professionals in China, and a questionnaire completed by a sample of 1140 students in Beijing and Belgium, our explorative study demonstrates that fundamental cultural, behavioral, economic, technical, and other characteristics of China cause significant differences between Chinese and Western Europeans in their online search process for information prior to a purchase. The differences occur in frequency, goal, types of information sought, types of websites used, search engine usage patterns, and contribution of user opinions. This has important implications for marketing practitioners in China, especially for multinational corporations that enter China and that are not familiar yet with the Chinese environment. Suggestions for future research are also provided.
    • Corporate Governance in a Globalising World : Convergence or Divergence? A European Perspective

      Carchon, Steven; Levrau, Abigail; Van Der Elst, Christoph; Van den Berghe, Lutgart (Wolters Kluwer Belgium, 2002)
      Corporate Governance In A Globalising World: Convergence Or Divergence? presents a broad and multi-disciplinary debate on corporate governance systems by integrating academic viewpoints, statistical evidence, as well as field surveys. Based on a large number of publications and studies, the opinions of researchers are grouped into three categories: those that believe in a convergence into the direction of the market-oriented model (with the Anglo-American model as the reference base), those that opt for another type of convergence, namely in the direction of a hybrid corporate governance model (based on cross-reference between different leading governance models), and those that do not believe in global convergence but adhere to diversity of governance models.$ To test the validity of these three possible routes for the development of corporate governance systems, the authors approached this question from an objective perspective based on statistical evidence. The governance characteristics examined herein include the role of capital markets, shareholding structures and influence, shareholder rights, the market for corporate control and anti-takeover mechanisms, the board system, disclosure rules and accountability issues.$ To complete this statistical analysis the authors include a field survey based on an inquiry with experts from business, academic and public institutions. Questions focus on the future outlook of corporate governance within the European Union, as well as on the role and format of corporate governance codes and recommendations.
    • Corporate Governance: de internationale trends

      Van den Berghe, Lutgart (P.I.M.M.S., 2003)
    • Corporate Governance: Het Belgisch Perpectief

      Van den Berghe, Lutgart; Levrau, Abigail (Intersentia, 1999)
    • Creating the future with all finance and financial conglomerates

      Van den Berghe, Lutgart; Verweire, Kurt (Wolters Kluwer Belgium, 1998)
      Creating the Future with All Finance and Financial Conglomerates provides an academic search for an understanding of all finance and financial conglomerates. It presents a strategic and economic analysis of the diversification strategies and the growing interface between different types of financial firms. On the basic of a solid analysis of theoretical fundaments and practical value the book develops basic concepts of creating the future, especially the solutions in managing risks and the fresh ideas for the development of integrated financial services. The structure of the book is logical: starting on theoretical fundaments (section , part A) and examining the economic value of All Finance and Financial Conglomerates (part B) leads to creating a concept for the future (part C). Case studies add additional practical value to this research. The review of the subject is completed by aspects of risk management in this sector and by political guidelines for the EU-single market (section 2). The book builds further on professor Van den Berghe's first publication, entitled Financial Conglomerates - New rules for new Players (published by Kluwer Academic Publishers in October 1995) and broadens the scope in the direction of strategic and managerial aspects.
    • (De)regulation of insurance markets

      Van den Berghe, Lutgart (Wolters Kluwer Belgium, 1989)
    • Do good governance recommendations change the rules for the Board of Directors?

      Van den Berghe, Lutgart (Oxford University Press, 2003)
    • Duurzaam beleggen alleen is niet genoeg

      Van den Berghe, Lutgart (2008)
    • Duurzaam Ondernemen of het heruitvinden van de toekomst en het doorbreken van fundamentalismes

      Van den Berghe, Lutgart; Verbeke, Louis-H. (Uitgeverij Lannoo, 2001)
    • Eclairir les légendes de Corporate Governance

      Van den Berghe, Lutgart (Wolters Kluwer Belgium, 1998)
    • Evaluating all potential strategic options to create the financial firm of the future

      Van den Berghe, Lutgart; Verweire, Kurt; Carchon, Steven (Vlerick Business School, 2000)
    • Exploring the different methods of strategy development

      Van den Berghe, Lutgart; Verweire, Kurt; Carchon, Steven (Vlerick Business School, 2000)
    • Financial conglomerates: New rules for new players?

      Van den Berghe, Lutgart (Wolters Kluwer Belgium, 1995)
      In recent years financial conglomerates have been established throughout Europe. This horizontal diversification has attracted a great deal of attention in the banking and insurance sector, as well as alarming the supervisory authorities and the European Commission. This study analyzes different sets of definitions of financial conglomerates, groups, consolidation criteria, and tests the practical effects of these definitions on the basis of a detailed relational database. It also examines the benefits of financial conglomerates as well as the differences in regulation of the solvency requirements for banks, insurance companies and investment firms in order to look for a possible approach for calculating the necessary level of solvency for financial conglomerates.
    • Financial conglomerates: opportunity or threat?

      Van den Berghe, Lutgart (Verlag Versicherungswirtschaft, 1994)
    • Fine-tuning board effectiveness is not enough

      Van den Berghe, Lutgart; Levrau, Abigail (Palgrave, 2013)
      This study is a cost-analysis that calculates the impact of three interventions for patients identified as ‘at risk’ for Acute Coronary Syndrome - a cardio-vascular exercise programme, point-of-care digital diagnostics, and telemonitoring adherence tools. The methodology utilizes a model of the annualized costs of ACS for the entire treatment value chain, and measures the impact of the three interventions by the change in treatment cost, incremental net benefit, and QALY. The results demonstrate that the largest impact is measured when all three interventions are utilized simultaneously producing a cumulative savings of €4424 and 0.126 QALY per patient. We also find a significant decrease in Emergency Room visits by 15% and changes in rates of utilization of Catharization (?59%), Angioplasty (?59%), Bypass (?17%), Medication (?14%) and Rehabilitation (?13%).
    • From financial corporate governance towards responsible corporate governance

      Van den Berghe, Lutgart; Louche, Céline (Greenleaf Publishing, 2006)