This survey provides a synthetic and evaluative survey of issues in corporate financial distress and bankruptcy. This area has moved into a public domain as a result of the recent global financial crisis that witnessed failures of many venerable institutions that got rescued by the government....

We investigate corporate governance and risk in Indonesian banking. More specifically, we investigate whether ownership concentration and commissioners affect bank risk and profitability. Using a sample of 117 Indonesian banks (for ownership concentration analysis), and 28 public banks (for...

Over the years, many corporations have been trying to determine what they can and should do to contribute to the sustainability of the economic, social and ecological environment within which they operate. Corporate social responsibility has become a key senior management issue worldwide and an...

This chapter examines the relation between corporate governance mechanisms and operating performance and liquidity risk within the specific environment of West African Economic and Monetary Union (WAEMU) banks. The implementation of well-known western corporate governance mechanisms in emerging...

Investor demand for well-governed companies has steadily increased over the past decades, thus strengthening the role market incentives can play in improving corporate governance. Specifically in emerging markets though, where legal and regulatory frameworks for corporate governance often lag,...

Market globalization has caused significant changes in rules, recommendations and corporate governance practices. For the continuous improvement of corporate governance in the European countries, the audit committee has a key role in stakeholder protection (Dir. 2006/43/CE). The chapter aims at...

This chapter examines the relationship between corporate governance and corporate social responsibility (CSR) reporting in annual report in the context of an emerging country, Bangladesh. Corporate governance is measured using an index consisting of 134 dichotomous elements. The extent of CSR...

Emerging markets play an important role in the global economy, given the prospects of their high economic growth and improving legal infrastructures. Despite the importance of these economies, questions related to corporate governance and corporate social responsibility (CSR) in emerging markets...

The Brazilian Fiscal Council can mitigate the consequences of the separation between cash flow and voting rights that is one of the problems of corporate governance in Brazil. The Fiscal Council that is set up in Brazilian companies should be composed of professionals who are nominated by the...

This chapter presents an investigation of the experiences of women on boards in India, which is an emerging market. It is believed that emerging markets have yet to develop appropriate levels of corporate governance and corporate social responsibility (CSR) and therefore it is useful to...