.: Cases in Strategic Management 
Case 1 CORPORATE GOVERNANCE AT ACS

Javier Amores Salvadó
Universidad Complutense de Madrid


1.1. INTRODUCTION: ORIGINS AND DEVELOPMENT OF ACS
1.2. CORPORATE GOVERNANCE AT ACS. OWNERSHIP AND COMPANY ADMINISTRATION
1.2.1. Membership and ownership distribution
1.2.2 Company administration
1.3 EVOLUTION AND GENERAL CONCLUSIONS REGARDING COMPLIANCE WITH THE UNIFIED CODE ON GOOD GOVERNANCE RECOMMENDATIONS



ACS, a Spanish construction and services group, is a global benchmark in the infrastructures construction industry. In this case, a detailed study will be conducted of the most significant corporate governance characteristics regarding compliance with the Unified Code on Good Governance recommendations. Specifically, the focus will be on questions such as the company’s ownership structure , its governance and existing committees, and board members’ and senior executives’ remuneration systems.


• To analyze compliance with the Unified Code on Good Governance recommendations in relation to the administration and ownership of the company

• To assess the correspondence between the evolution of the company’s results and board members’ remuneration


• Corporate governance

• Firm ownership and administration

• Board members’ and senior executives’ remuneration systems

NAVAS LÓPEZ, J.E.; GUERRAS MARTÍN, L.A. (2013):Fundamentals of Strategic Management", Thomson Reuters-Civitas, Cizur Menor.

Chapter 2: Corporate objectives and values

GUERRAS MARTÍN, L.A.; NAVAS LÓPEZ, J.E. (2015): La Dirección Estratégica de la Empresa. Teoría y Aplicaciones”, Thomson Reuters-Civitas, Cizur Menor, 5th edition.

Chapter 2: Value creation, stakeholders and corporate governance
Chapter 3: Future orientation and values in the firm




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Case 1
 
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