Staff profile

Reader in Governance and Ethics

Email: S.Machold@wlv.ac.uk

My academic career began in the subject area of European Studies when I completed a PhD on the political economy of transition under the supervision of Professsor Neil Malcolm and Dr Milford Bateman. After joining the Business School in 2001, I have started researching corporate governance and especially the role of and efficacy of boards. Alongside my research activities, I have held various management positions including that of head of department, and more recently co-director of the Management Research Centre.

PhD, University of Wolverhampton Thesis: "Local-level policies for small firm sector development in Russia and Hungary: A comparative analysis"

I have active teaching interests in the areas of corporate governance, organisational theory, corporate social responsibility and ethics, as well as international business.

2012
Issues in Corporate Governance: Workshop programme for Nigerian company directors

2011
Business in the Community (BITC) Workshop on Social Responsibility vs. Profits in SMEs

2009-2011
EU-TEMPUS 145061-TEMPUS-1-2008-1-UK-TEMPUS-JPHES ELED Project: Capacity building in postgraduate programmes and research in universities in Macedonia, Kosovo and Albania, UWBS project coordinator

2008
Jones and Palmer Ltd.: Links Between Corporate Governance Communication and Shareholder Value
Principal Investigator

2007
Advisor to The Haven Wolverhampton (registered charity) on research funding strategy and EU project proposals

2005-2006
Assessor for Midlands Excellence awards (including assessments for EFQM model and Investors in Excellence standard)

1997
Tempus-Tacis Training Workshop in Project Management, Moscow, Lead Trainer

1995-1997
Tacis Project T94-1052-R Financial and Institutional Problems of Small Enterprise Development in Russia (Regional Aspects), Junior Researcher

1995-1996
ODA/Know-How Fund: Small Enterprise Development in the Republic of Kazakhstan
Policy advice on Governmental Programme for the Development of Entrepreneurship in the ROK 1996-1998, Junior Researcher

1995
Tacis-EES AR 03-10-94-021: Industrial Policy: Restructuring of Strategic Sectors, Armenia
Junior Expert in project advising the Government of Armenia on industrial policy and strategy issues.

European Academy of Management: Chair-elect Special Interest Group Corporate Governance (2011-2012), Program chair (2010-2011), Member of Conference Scientific Committee (EURAM 2011)

British Academy of Management: member

International Teachers Programme: member

My research interest is in corporate governance and specifically the roles, processes and behaviours of boards of directors. Recent projects have focused on three areas. First, a joint project with Minichilli (Bocconi, Huse (BI Oslo) and Nordqvist (Jonkoping) investigated a multi-dimensional model of leadership and leadership efficacy in boards in small firms. The findings from the project suggest that behavioural and process-based dimensions of leadership have greater predictive powers for board performance than structural leadership characteristics alone. A second project involves a longitudinal study of board tasks and board processes in private, public and voluntary sector organisations in the West Midlands. Here, the outcomes also included board evaluations and feedback to the participating boards. Finally, a third research stream investigates the effects of board diversity. In a joint European project with Huse (BI Oslo), Brogi (La Sapienza) and Hansen (Gelsenkirchen), we investigate the dissemination and effects of recent quota laws on women representation on boards from the perspective of policy-makers, female board members and other advocacy groups.  A further project with PhD student Walker aims to uncover how deeper-level diversity, specifically diversity in personality traits, affects processes and behaviours in the boardroom.

2011
Invited plenary speaker, Southampton Solent Research and Enterprise Conference

Reviewer for Postdoctoral programme, Flemish Research Council

2004-present
Associate Editor International Journal of Business Governance and Ethics (with full delegated editorial responsibility since 2007)

2008-present
Reviewer for Marsden Fund Royal Society of New Zealand

2000-present
Reviewer for Corporate Governance: An International Review, Journal of Business Ethics, Journal of Management and Governance, International Journal of Management Practice, Corporate Governance: International Journal of Business in Society, International Management Development Association
Book reviewer for Routledge, Oxford University Press, Pearson

2010
Invited guest speaker to seminar on ‘Socialising economic relationships’, International Institute for the Sociology of Law, Onati, Spain.

Invited Guest Speaker on Corporate Governance and Board Research, University of Pescara ‘G.d’Annunzio’, Faculty of Economics

2009
Invited plenary session speaker “Meet the editors”, EURAM 2009, Liverpool, Corporate Governance SIG

Invited Speaker “Developing Research Clusters”, Southampton Solent University

2007
External examiner, validation BA (Hons) Business Administration (Blended Learning), University of Hertfordshire Business School

2004
Guest lecturer Sheffield Hallam University DBA programme

2003-2007
External Examiner MSc International Business Management
Sheffield Hallam University

2003
External Examiner Validation BA (Hons) Economics, St.Martin’s College (accredited by Lancaster University), Lancaster

2002
Shanghai University, course on International Business Management

2001
Shenzhen Polytechnic, course in European Business

1996-1998
Workers Educational Association, courses in Russian transformation

Publications: Books/Book chapters                        

Machold, S. (1998)"Tiger or Tortoise? Economic Transition in Armenia and Lessons for Industrial Policy in Transition Economies" in M.Dangerfield et al. eds. Europe: Real and Imagined, Veliko Turnovo:PIC.

Machold, S. (1996) "Modeli Razvitiya Malovo Predprinimatel'stva v Stranakh Zapadnoi Evropy" in Y.Pimoshenko, A.Chepurenko eds. (1996) Finansovyie I Institutsional'nye Problemy Rossiiskovo Malovo Predprinimatel'stva (Regional'nye Aspekty), Moscow: RNISIIP

Publications: Refereed Journal Articles

Machold, S., Huse, M., Minichilli, A., Nordqvist, M. (2011) Board leadership and strategy involvement in small firms: A team production approach, Corporate Governance: An International Review, 19(4): 368-383.

Machold. S. & Huse. M. (2010) The Emperor’s New Clothes: Learning from Crises? International Journal of Management Concepts and Philosophy, 4(1):13-20.

Machold, S., Ahmed, P.K., Farquhar, S. (2008) Corporate governance and ethics: a feminist perspective. Journal of Business Ethics, 81: 665-675

Farquhar, S., Machold, S., Ahmed, P.K. (2005) Governance and football: an examination of the relevance of corporate governance regulations for the sports sector. International Journal of Business Governance and Ethics, 1(4): 329-349.

Machold, S., Vasudevan, A.J. (2004) Corporate governance models in emerging markets: the case of India. International Journal of Corporate Governance and Ethics. 1(1): 56-77.

Lewis, T., Machold, S., Oxtoby, D., Ahmed, P.K. (2004) Employee roles in governance: contrasting the UK and German experience. Corporate Governance: The International Journal of Business in Society, Vol. 4 Iss: 4, pp.16 – 28.

Ahmed, P.K., Machold, S. (2004) The quality and ethics connection: toward virtuous organizations. Total Quality Management, 15(4): 527-545.

Machold, S. (1998) Europe and Russia's External Economic Relations: An Assessment. Economic and Political Weekly, 33(35): 113-120.

Publications: Industry and government reports

Wen, W., Machold, S. (2011) Work-life balance, pay, and job satisfaction: an investigation of long-tenured workers in the UK, CMI Top Management Articles, Chartered Management Institute in collaboration with Wiley Publishers, available on http://cmilibrary.managers.org.uk/Library/Catalogues/Results.aspx.

Machold, S., Price, M. (2008) Communicating Corporate Governance for Shareholder Value, Final Project Report to Jones and Palmer Ltd, October 2008.

Kaplinsky, R., Cappiello, M, Machold, S. (1995) Industrial Policy in Armenia: Restructuring of Strategic Sector. Final project report presented to Government of Armenia, Yerevan

Publications: Refereed Conference Papers    

Machold, S., Walker, A. (2011) Diversity and conflict in boards of directors: an exploratory study of personality traits, EURAM conference, Tallinn, June 2011.

Machold, S. (2010) What boards really do: results from a longitudinal observation study, EURAM conference, Rome, May 2010.

Farquhar, S., Machold, S., Ahmed, P.K. (2009) An Examination of Firms’ Governance Orientation and Board Governance Processes on Board Roles and Board Performance, EURAM conference, Liverpool, May 2009

Machold. S., Ahmed, P.K., Farquhar, S. (2008) Antecedents and Consequences of Interlocking Directorates: A Review of the Literature, EURAM conference, Ljubljana, May 2008

Farquhar, S., Machold, S., &  Ahmed, P.K. (2007) The behaviour of the non-executive director: A framework for exploring changes in their role over time, EURAM conference, Paris, May 2007

Machold, S., Ahmed, P.K., Farquhar, S. (2006) Corporate Governance and Ethics: A Feminist Perspective, EURAM Conference, Oslo, May 2006 (nominated for Best Paper and published in Best Paper Proceedings)

Farquhar, S., Machold, S., & P.K. Ahmed (2006) The role of the non-executive director: A framework for exploring behavioural changes over time, EURAM conference, Oslo, May 2006

Farquhar, S., Machold, S., & P.K. Ahmed (2006) The impact of firm governance orientation on board and firm performance, EURAM conference, Oslo, May 2006

Farquhar, S., Machold, S., Ahmed, P.K. (2004) Governance and football: An examination of corporate governance regulations for the sports sector, EURAM, St.Andrews, UK.

Haynes, M., Machold, S. (2000) The role of British academics in the collapse of the Russian economy 1990-2000, British Association of Slavonic and East European Studies Annual Conference, Cambridge, UK.

Machold, S. (2000) Transferring Western experience: the case of Hungarian small firm policies. Third International Conference on Contemporary European Studies, Veliko-Turnovo, Bulgaria.

Machold, S. (2000) Small business and economic transformation in Eastern Europe. ESRC and ASGP Workshop, Institute for German Studies, University of Birmingham, UK.

Machold, S. (1996) Regional Dimensions of Small Firm Sector Support in the Russian Federation: The Case of Tyumen Oblast. Development Studies Association Annual Conference, Reading, UK.

Machold, S. (1994) Small Firm Sector Development in Transitional Economies:  A Comparative Study. RENT VIII International Conference on Research in Entrepreneurship and Small Business Management, Tampere, Finland.

Machold, S. (1993) Local Level Policies for Small Firm Sector Development in Russia and Hungary. RENT VII International Conference on Research in Entrepreneurship and Small Business Management, Budapest, Hungary.