Purpose – This purpose of this paper is to examine four separate though interconnected questions concerning corporations operating, in Anglo American jurisdictions. Design/methodology/approach – The paper first examines the nature of the limited liability corporation as an entity dedicated...

Purpose – The purpose of this article is to provide a detailed review of how to design and test a framework for assessing the impact of corporate responsibility on firm value. Design/methodology/approach – Building on an earlier conceptual framework, this paper describes the testing of the...

Purpose – The purpose of this paper is to find out whether governance mechanisms approximated by the board of directors' characteristics, auditors' quality, ownership structure and compensation mix, can help bridge the gap between economic value added (EVA) and market values approximated by...

Purpose – The purpose of the paper is to clarify the relationship between stakeholder interests and the ownership of a company, and to specify the distinctions between three types of maximization: shareholder‐, stakeholder‐owner‐ and total stakeholder maximization....

Purpose – This paper seeks to look at “the crisis” in terms of a failure of corporate governance. Design/methodology/approach – The paper relies on data summarized from personal interviews with directors of financial institutions in the aftermath of September 2008. It takes an...