Good corporate governance, corporate social responsibility. Mercantile law university of south africa adriette dekker professor. We identify and discuss three main streams of research that draw on different conceptualizations and theoretical lenses of corporate governance. This paper aims to empirically explore the interrelationship between cg, csr, financial performance fp and corporate social performance csp using a sample of 297 electronics companies operating in taiwan, a newly industrialized asian economy. Challenge of adapting to international standards while staying true to. Effects of corporate governance on the performance of private. They also provide guidance for stock exchanges, investors, corporations, and others that have a role in the process of developing good corporate governance. International journal of humanities and social science vol. In a critical development, good corporate governance and high ethical standards are essential for corporate longterm success. Governance can be used in several contexts such as corporate governance, international governance, national governance and local governance. Good governance and modern international financial. International journal of accounting research i n t e r n a t i o n a l j o u r n a l o f a c c o u n i n g r e s e a r c h issn. A lot of researches have studied good corporate governance implementation in manufacturing companies. International context and trends from 2005 to 2015 article pdf available in international journal of business and management 123.
Implementing good governance principles for the public. A significant feature of this international framework is its explicit grounding in principles that can apply to entities of all sizes in the public sector. Cgir acts as a forum for the exchange of information, insights and knowledge based on both theoretical development and practical experience. The impact of good corporate governance practices on.
International journal of humanities and social science. The journal provide academic scholars and professionals to analyze, stimulate and disseminate a wide range of governance and public policy based dynamics, governing processes as well as political research area with the latest theoretical, concept, methodological advancements and practices in governance. International corporate governance journal of financial and. To download the pdf, click the download link above. May 2016 155 this was exacerbated by the fact that the auditor was complicit in perpetrating the fraudulent activities by. Journal of international commercial law and technology the dynamics of corporate governance in south africa. Accountable public officials must be answerable for government behaviour, and be. This paper aims to draw on the stakeholder theory to examine the association between corporate governance and social responsibility. Hlahla4 1faculty of commerce, national university of science and technology p. The draft international framework sets out principles for each topic and creates a contextual background for implementing good governance in public sector entities. Indian journal of corporate governance is a biannual refereed journal that provides a forum for discussions and exchanging views on a wide range of corporate governance issues ranging from board practices, independent directors, whistle blower policies and shareholder activism on one hand to medias role in corporate governance, corporate. Corporate governance is a broad term defines the methods, structure and the processes of a company in which the business and affairs of the company managed and directed. Implementing good governance principles for the public sector. The evolution of corporate governance and consequent domestication in kenya rita ruparelia amos njuguna.
Through papers published, the journal hopes to promote good governance and sustainable development. The journal of management and governance jmg is dedicated to advancing the understanding of corporate governance issues within and throughout privatelyheld firms, publiclyheld corporations and governmentcontrolled organizations. Since governance is the process of decisionmaking and the process by which decisions are implemented, an analysis of governance focuses on the formal and informal actors involved in decisionmaking and. Hostile market for corporate control activist investors, hedge funds, private equity. Topping the list of the values that should be adhered to in good. Peter and anuku david department of business management and marketing. The formulation of the problem of how good corporate governance. Amri and untara 2012 stated that gcg is a foundation of the economic system that will have an impact on the level of. International research journal of business studies indexed in. International corporate governance journal of financial. Sound risk governance practices isbn 9789264208629 26 2014 01 1 p risk management and corporate governance. The population of this research is banking companies listed in indonesia stock exchange idx for 20112015.
Good corporate governance, devidend, leverage and firm value. After synthesizing their respective findings, we propose several avenues for future. Ndlovu1, thomas bhiri2, tendekayivanhu mutambanadzo3 and blessing p. Good corporate governance, stakeholders satisfaction, tunisia. Pdf role of media in corporate governance international. Journal of emerging trends in economics and management sciences jetems 56. Good corporate governance, devidend, leverage and firm. Previous research has analyzed and debated corporate governance cg and corporate social responsibility csr independently. Contributions can be of a theoretical or empirical nature. The corporate governance framework and practices relating to risk management annex a. Article pdf available in international journal of business and. The journal is devoted to exploring the links between management and governance through both theoretical. International journal of corporate social responsibility. Corporate governance and social responsibility emerald insight.
Broad based black economic empowerment and the enhancement of good corporate governance principles irenemarie esser senior lecturer. The mediating role of growth opportunity in good corporate governance stock return relationship. Corporate governance and underpricing of small and medium enterprises ipos in india nischay arora, balwinder singh. The external environment includes both the take over mechanisms and the laws and regulations that enforce the rights of shareholders and. Seejohn nellis, public enterprises in subsaharan africa, in barbara grosh, public. International journal of business and management invention. Hlahla4 1faculty of commerce, national university of science and technology p o box ac 939 bulawayo, zimbabwe. The previously cited studies lead us to believe that one of the determinants of a public. The evolution of corporate governance and consequent. Providing a consistent source of indepth information, analysis and advice considering corporate governance on an international scale, corporate governance. Alternatively, you can download the pdf file directly to your computer, from where it can be opened using a pdf reader. Corporate governance is a system, practices and processes which provides a framework for attaining a companys objectives. Good governance in the public sector consultation draft.
The answer, particularly with respect to listed companies, is, to maintain the trust of investors. Environment performance, good corporate governance. This paper seeks to explore the interrelationship between csr and cg and its. Corporate governance cg is one of the instruments to overcome, or at least to minimize, earnings management.
Following a preface by the general counsel of the aiib and general editor of ayil, gerard sanders. April 2011 57 external governance factors also play a role in supporting good corporate governance. Indian journal of corporate governance sage publications. Governance is an easyto read introduction to an increasingly important concept in political science. Corporate governance and business ethics the national codes all emphasize the ethical nature of good corporate governance.
An international journal of policy, administration and institutions, 18 2, 151170. It is committed to publishing rigorous and relevant. Proposals should focus on a specific area of research, that has a broad appeal and fits within the aims and scopes of the journal. Family community government local and national regional and international 8 good governance principles for leaders and institutions 1. Special emphasis is placed on the fact that good governance is based on a number of cardinal ethical values. Good corporate governance and organisational performance. Firms with good corporate governance operating in comparatively less competitive. Good governance in the public sector consultation draft for. Introduction 251 first generation international corporate governance research 255 second generation international corporate governance research 267 convergence in corporate governance systems 272. Internal control and the impact on corporate governance. Since bank holds important key role in the economics, bank needs a good governance to get a good reputation to play its role well. Implications for collection management jeffrey kushkowski iowa state university the published version of this presentation has additional information not included in the original presentation.
Investment management and financial innovations, vol. International journal of business and social science vol. The mission of corporate governance is to publish cuttingedge research on the phenomena of comparative corporate governance throughout the global economy. Indian journal of corporate governance is a biannual refereed journal that provides a forum for discussions and exchanging views on a wide range of corporate governance issues ranging from board practices, independent directors, whistle blower policies and shareholder activism on one hand to medias role in corporate governance, corporate social responsibility and sustainability reporting. The international journal of itbusiness alignment and governance ijitbag focuses on management and governance issues within the itrelated business domain. Good corporate governance is aimed at enhancing business prosperity and at the same time. Good corporate governance, principles, board of directors. A comparative analysis of the corporate governance. Though the concepts of corporate social responsibility csr and governance cg have been evolving for decades, no single allencompassing meaning has as yet been achieved. Journal of good governance and sustainable development in. International journal of valuebased management, 12 1, 87.
Unlikely that a standard system will work well in all countries. The effect of corporate governance on the performance of. This research aims to provide empirical evidence about the effect of cg and earnings management on firm value, and the role of cg in the effect earnings management has on firm value. Fordham international law journal volume 31, issue 1 2007 article 1. The corporate governance framework and practices relating to risk management chapter 4. A comparative analysis of the corporate governance practices. Corporate governance and organizational performance in the. These studies examine individual governance mechanismsparticularly board composition and equity ownershipin individual countries. The aim of this research was to identify the effect of corporate governance and sustainability report on the financial performance of entities, and corporate governance and sustainability report on the market entity with political visibility as moderating variable. Pdf corporate social responsibility and good governance. It provides a clear overview of how the concept has been used in the subfields of public administration and public policy, international relations, european studies and comparative politics. Corporate governance, corporate social responsibility and.
The international journal of business in society focuses on knowledge development, practice and performance standards for scholars and boards of directors governors of companies throughout the world. The purpose of the paper is to examine the impact of corporate governance mechanisms, i. International journal of management and applied science, issn. Howard sherman and his team at governance metrics international gmi for. We survey two generations of research on corporate governance systems around the world, concentrating on countries other than the u.
Trend toward international standards of governance. Gasorek 2003 defined good ethics to attributes of ethical leadership in leading good governance. We demonstrate that there are numerous links, explicitly and implicitly expressed through a set of it governance instruments, matching the proposals of good governance principles with the. International investors demanding rights and returns. The influences of sustainability report and corporate. The journal is devoted to exploring the links between management and governance through both theoretical analyses and empirical investigations to improve the. An empirical analysis adebayo, mudashiru department of accounting and finance faculty of management sciences lagos state university nigeria. International journal of itbusiness alignment and governance. The g20 oecd principles of corporate governance help policy makers evaluate and improve the legal, regulatory, and institutional framework for corporate governance. Internal control and the impact on corporate governance, in romanian listed companies. Good governance can be exercised on the following levels. There is no universally accepted and agreed definition of governance. International journal of corporate governance ijcg.
The first generation of international corporate governance research is patterned after the u. International journal of development and sustainability. Keywords good corporate governance, corporate performance, economic value added. May 2014 170 good corporate governance and organisational performance. In this domain, the emphasis is on how organizations enable both businesses and it people to execute their responsibilities in support of bus. Ijcg targets scholars from both academia and the business community. International journal of business and management studies, vol 4. In this paper, we are showing how information technology it governance frameworks contribute to the implementation of the key principles of the good corporate governance, particularly, in the public sector. J o u r n a l o f ac international journal of r accounting. A comparative analysis of the corporate governance practices in multinational and domestic banks in zimbabwe milton w. The failure of corporate governance in state owned enterprises and the need for. Author marc goergen first came to my attention in the 1990s as a member of the european corporate governance network ecgn, since renamed the european corporate governance institute ecgi. This study aims to determine the effect of good corporate governance and corporate social responsibility on firm value with financial performance as a moderating variable.
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