DART Practice Workshop with Prof. Dr. Hans-Joachim Böcking

On January 18, DART students were invited to participate in a practice workshop with Prof. Dr. Hans-Joachim Böcking, chair of Business Administration, Corporate Governance and Auditing at the Goethe-University Frankfurt/Main and member of the Supervisory Board of PricewaterhouseCoopers (PwC). In this workshop, Prof. Böcking provided the participants with unique insights by sharing his experience as a board member of various organizations. Decision-making within a board is often challenging due to conflicting opinions among board members. Consequently, decisions under both economic and ethical concerns are part of a board member’s everyday life. Furthermore, Prof. Böcking––who was very interested in the research projects of the DART students––highlighted the practical importance as well as the challenges of the various research topics and gave the students valuable suggestions for future research. The workshop ended with a fruitful discussion among the participants about board responsibilities and board members’ incentives.