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Yet, very little is known on how the governance type impacts the firm's growth strategy.
A first indication of the relation between governance type and its underlying growth pattern is given in Fig. 3, which compares the Compound Annual Growth Rates (CAGR) of two of our illustrative sample firms from the legal profession Greenberg Traurig and Wachtell Lipton.
Although the influence of governance type and quality on environmental performance is still hotly debated [25], political corruption (the 'unlawful use of public office for private gain') [23], [24] is expected to erode environments and exacerbate biodiversity loss [23].
Hence, our data confirmed that there were no indications of one superior governance type or mechanism.
The latter appear to be essential, particularly in the new Member States where nature conservation is still often affected by the post-socialistic governance type and thus operates in a rather ineffective way (Kluvánková-Oravská and others 2009).
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Results suggest that in the early 2010s, these protected areas were assigned a mixture of governance types: governance by government and shared governance.
Stuck in between these two extremes are corporate governance types who worry about issues like pay and share options, though from a long-term point of view.
Results expand the existing knowledge of international governance types by suggesting a continuum of top-down, bottom-up and mixed governance approaches.
Both cases are at odds with existing models of PSF governance and demand a treatment of PSF governance "beyond dichotomies" (Empson 2012) that would account for a broader range of governance types.
By introducing the founder-dominated and theorizing on Maister's hunter type, this study adds two empirically important governance types that have no equivalent in the PSF governance literature so far.
Rajiv Bansal, the chief financial officer, admitted there had been "confusion".The cat-and-mouse game of companies issuing earnings guidance and then trying to beat it is often ridiculed as meaningless by academics and corporate-governance types.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com