Efnisyfirlit

• Cover
• Title
• Copyright
• Contents
• Acknowledgments
• Chapter 1. Introduction
• Chapter 2. Literature Review
• 2.1 The Development of Corporate Governance
• Agency Theory
• Stakeholder Theory
• Codes and Guidelines for Good Governance
• Corporate Governance as an Interdisciplinary Subject
• Private, Public, and Third Sector
• 2.2 Exploring Business Ethics
• Harm to Others
• The Role and Limits of Business Ethics
• The Ethical Landscape: The Case of Advertising Ethics
• Theories of Ethics: A Brief Overview
• Deontological Theories
• Hypothetical and Categorical Imperatives
• Contractarianism
• The Veil of Ignorance
• Virtue Ethics
• Existentialist Ethics
• Why Are There So Many Different Theories?
• Moral Concepts: Whistleblowing
• The Standard Theory
• The Complicity Theory
• The Importance of Empirical Studies in Business Ethics
• The Moral Corporation
• Ethical Decision Models
• Chapter 3. Methodology
• Selection of Subjects
• Data Sources
• Chapter 4. LIVE Pension Fund: Board Governance During Interest Rate Change Decisions
• Introduction
• Icelandic Pension System
• Background on LIVE Pension Fund of Commerce
• Background on VR
• Governance at LIVE
• LIVE’s Loans to Members and Interest Rate Changes
• Reactions to the Interest Rate Decision: VR Versus LIVE
• VR’s Withdrawal of Directors from the LIVE Board
• Question of Board Independence
• Continued Action by the FME
• Case to Court by VR
• Conclusion
• Chapter 5. LIVE Pension Fund: A Question of Board Independence during Icelandair’s Share Offering
• Introduction
• LIVE Pension Fund of Commerce
• Corporate Governance at LIVE
• Board of Directors
• Board Independence
• Investment Policy and Criteria
• Risk Policy
• The Icelandair Investment Decision
• Icelandair Restructuring and FFI Union
• VR’s Declaration against Icelandair
• FME’s Involvement
• Icelandair’s Share Offering
• LIVE’s Decision to Not Participate
• FME’s Investigation
• Moving Forward
• Chapter 6. Icelandair & FFI: A Fierce Union Battle in the Midst of COVID-19
• Introduction
• Background on Icelandair
• COVID-19 Strikes
• Employee Relations in the Midst of COVID-19
• Reaching an Agreement
• Moving Forward
• Chapter 7. Bluebird Nordic Airlines: Pilot Remuneration in Times of Competitive Pressures
• Introduction
• Bluebird Nordic’s History
• Background on ASG
• Bluebird Nordic Business as of 2021
• Iceland’s Airline Industry and the Air Cargo Market
• Bluebird Nordic Competing in the ACMI Market
• Context for Bluebird Nordic’s Employee Relations
• Bluebird Nordic’s Collective Bargaining Agreements
• Labor Rules Within Europe and Iceland
• Bluebird Nordic and the Pilot Dispute
• Perspectives from Trade Unions
• Bluebird Nordic’s Perspectives
• Next Steps
• Chapter 8. Festi and COVID-19 Partial Compensation Program
• Introduction
• Background on Festi
• COVID-19 and the Icelandic’s Government Reaction
• The Partial Compensation Route
• Festi’s Operations Amidst COVID-19
• Criticisms Leveled at Companies Taking the Aid
• Festi and the Partial Compensation Route
• Moving Forward
• Chapter 9. Eimskip: Disposing of Old Ships in India
• Introduction
• Background on Eimskip
• Iceland’s Cargo Shipping Industry
• Shareholder Structure of Eimskip
• Samherji’s Mandatory Takeover Bid of Eimskip
• Governance at Eimskip
• The New and Old Ships
• The Ship Disposal Controversy
• Laws Pertaining to the Ship Disposal
• The Aftermath: Renewed Focus on Environmental, Social and Governance (ESG)
• What Next?
• Chapter 10. Carbon Offsetting in Iceland
• Introduction
• Global Climate Change Initiatives
• Iceland’s Commitment to Climate Change
• Carbon Offsetting Versus Carbon Credits
• Carbon Offsets in Iceland
• Kolvidur
• The Wetland Fund (Votlendissjodur)
• An Emerging Process for Certification – Skogarkolefni
• The Environment Agency of Iceland and the “Green Step” Program
• Other Organizations Assisting in “Greening” Company Operations
• The Icelandic Climate Council’s View on Carbon Offsetting
• What Should be Done?
• Chapter 11. Islandsspil and HHI: Gaming Slot Machines in Iceland
• Introduction
• Gambling Laws in Iceland
• Background on Islandsspil
• Background on Lottery of the University of Iceland (HHI)
• Background on the Gambling Addiction Association (SAS)
• Gambling Addiction
• Gambling Addiction in Iceland
• What to Do?
• Chapter 12. Nicotine Pouches in Netto Supermarkets
• Introduction
• Background on Netto and Samkaup
• Nicotine Pouches
• Marketing Nicotine Pouches in Iceland and Globally
• Potential Health Effects
• Laws on Nicotine Products
• Netto and Nicotine Pouches
• What to Do Next?
• Chapter 13. deCODE Genetics
• Introduction
• Early History of deCODE Genetics: 1996–1999
• Development of deCODE: 2000–2009
• A New Decade and Amgen Subsidiary: 2010–2019
• The Worldwide Shock: COVID-19
• Looking Forward
• Chapter 14. Conclusion
• References
• Index