Aino Ojala works in the field of company law. She is writing a PhD-thesis about corporate governance and its regulatory challenges. The thesis is based on law and economics and with the help of regulation theoretic analysis it aims at providing an insight into how to regulate corporate governance. Deviating from the mainstream tendency, the thesis takes as a hypothesis the benefits that co-regulation based corporate governance codes, combined with the so called comply or explain principle, can provide vis-á-vis traditional legislation in order to maintain companies´ operational preconditions. In addition, the thesis aims at challenging the ability of the mainstream shareholder centric corporate governance, though enlightened, to answer to the demands of sustainable business. As an alternative, the thesis applies an approach according to which the management shall promote the interest of the company, which focuses the discussion on company´s purpose to its own long-term survival.
The University of Oslo provides an exceptional environment to work with the questions of corporate governance and sustainable business. During her research stay at UiO, Ojala therefore intends to get to know her Nordic colleagues and their research interests and discuss inter alia corporate governance issues and related issues with them.