Prelims

Throstur Olaf Sigurjonsson (University of Iceland, Iceland and Copenhagen Business School, Denmark)
Robert H. Haraldsson (University of Iceland, Iceland)
Jordan Mitchell (Case Writer and Researcher, Canada)

Corporate Governance and Business Ethics in Iceland: Studies on Contemporary Governance and Ethical Dilemmas

ISBN: 978-1-80382-534-2, eISBN: 978-1-80382-533-5

Publication date: 23 January 2023

Citation

Sigurjonsson, T.O., Haraldsson, R.H. and Mitchell, J. (2023), "Prelims", Corporate Governance and Business Ethics in Iceland: Studies on Contemporary Governance and Ethical Dilemmas, Emerald Publishing Limited, Leeds, pp. i-viii. https://doi.org/10.1108/978-1-80382-533-520231015

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Emerald Publishing Limited

Copyright © 2023 Throstur Olaf Sigurjonsson, Robert H. Haraldsson and Jordan Mitchell


Half Title Page

Corporate Governance and Business Ethics in Iceland

Title Page

Corporate Governance and Business Ethics in Iceland: Studies on Contemporary Governance and Ethical Dilemmas

AUTHORED BY

THROSTUR OLAF SIGURJONSSON

University of Iceland, Iceland and Copenhagen Business School, Denmark

ROBERT H. HARALDSSON

University of Iceland, Iceland

JORDAN MITCHELL

Case Writer and Researcher, Canada

United Kingdom – North America – Japan – India – Malaysia – China

Copyright Page

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2023

Copyright © 2023 Throstur Olaf Sigurjonsson, Robert H. Haraldsson, and Jordan Mitchell. Published under exclusive license by Emerald Publishing Limited.

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British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-80382-534-2 (Print)

ISBN: 978-1-80382-533-5 (Online)

ISBN: 978-1-80382-535-9 (Epub)

Contents

Acknowledgments vii
Chapter 1: Introduction 1
Chapter 2: Literature Review 5
2.1: The Development of Corporate Governance 5
2.2: Exploring Business Ethics 22
Chapter 3: Methodology 47
Chapter 4: Live Pension Fund: Board Governance During Interest Rate Change Decisions 51
Chapter 5: Live Pension Fund: A Question of Board Independence During Icelandair’s Share Offering 69
Chapter 6: Icelandair & ffi: A Fierce Union Battle in the Midst of Covid-19 87
Chapter 7: Bluebird Nordic Airlines: Pilot Remuneration in Times of Competitive Pressures 101
Chapter 8: Festi and covid-19 Partial Compensation Program 119
Chapter 9: Eimskip: Disposing of Old Ships in India 137
Chapter 10: Carbon Offsetting in Iceland 157
Chapter 11: Islandsspil and hhi: Gaming Slot Machines in Iceland 169
Chapter 12: Nicotine Pouches in Netto Supermarkets 183
Chapter 13: decode Genetics 199
Chapter 14: Conclusion 221
References 223
Index 239

Acknowledgments

We would like to first acknowledge the students from the University of Iceland’s Corporate Governance and Business Ethics classes that contributed to the case studies contained within this book. Their passion, insight, debate, and hard work will benefit future business students in Iceland and beyond.

Our colleagues and administration from the University of Iceland, Copenhagen Business School, and other institutions showed incredible support for our teaching and research approach as we look to advance methodologies within this area of study.

We would also like to recognize all of the representatives from Icelandic organizations and companies who read drafts and provided valuable feedback to ensure the case studies were factual and accurate.

Similarly, we would like to recognize the diligence and perseverance of national and international business journalists who brought forward many important corporate governance and ethical questions in the mainstream media.

We appreciate the support of the team at Emerald Publishing for believing in this project and the tireless efforts that go into bringing a book to life.

Finally, we would like to thank our families for the ongoing support and encouragement throughout the entire journey.