Corporate stakeholders/shareholders, face the dual challenge of acting in concert with regard to 'their' organizations and construct means of ensuring a measure of control over them. Research at the center highlights the structures and processes by which this dual challenge is handled. That means that the monitoring, formation and deformation of organizational long-term capabilities is investigated with an ambition to understand and explain the content and (re)production of the developing corporate paths. The accompanying emerging governance regimes – carried both by actors and institutions – are also studied. They include 'internal' (e.g., annual general meetings, nomination committees, boards of directors, etc.) as well as “external” arenas and forces (e.g., capital market actors, hard and soft regulations, [investment] banks, etc).