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We study the effect of corporate culture on the relationship between firm performance and CEO turnover. Utilising a measure of cultural dimension developed in organisation behaviour research, we quantify corporate culture by assessing official documents using a text analysis approach. We employ...
Persistent link: https://www.econbiz.de/10010939812
The present financial crisis revealed serious deficiencies in the banking corporate governance and emphasized the need of major improvements in their corporate governance techniques. In this respect, we believe that it is crucial for the banks to stop focusing on what they considered important...
Persistent link: https://www.econbiz.de/10010641505
This study is an attempt to develop a conceptual decision dynamics model in order to analyze the relationship between cost control and corporate governance. The model discusses why it is important to uphold the shareholders' interests and minimize the destructive events that usually occur in...
Persistent link: https://www.econbiz.de/10011212970
Business corporations seek profit. That is, after subtracting cost, they maximize net revenue. Spillovers (both costs and benefits) involve trade-offs governing boards should make. Spillovers, especially when coupled with clumsy applications of discounted present value, distort a business'...
Persistent link: https://www.econbiz.de/10005207895
As a result of the publication of the Code of Corporate Good Governance in 1998, known as the Olivencia Code, some companies voluntarily created an audit committee, after the recommendation of the Code in which all companies, especially listed, were encouraged to create them. Therefore, the aim...
Persistent link: https://www.econbiz.de/10005212523
Corporate governance refers to the manner in which companies are directed and controlled. Business management was always guided by certain principles, but the current meaning of corporate governance concerns and the contribution that companies must have the overall development of modern society....
Persistent link: https://www.econbiz.de/10009650793
In explaining the corporate governance performance of post-socialist companies, this article identifies four factors of influence: (1) pressure from majority shareholders, (2) pressure from outside minority shareholders, (3) pressure resulting from internationalization/ globalization and (4)...
Persistent link: https://www.econbiz.de/10005784597
In the current context of globalization, we can no longer talk about increasing organizational value ignoring the interests of shareholders, employees, business partners, etc. Such interests may come into conflict, leading to internal conflicts, with negative influence on the entity’s...
Persistent link: https://www.econbiz.de/10010698029
In the context of the knowledge-based economy, the company is interested in the intrinsic value of the company, of its added value, on the development perspectives of how they can be met expectations of the interested: shareholders, employees, creditors, suppliers, customers, community, society,...
Persistent link: https://www.econbiz.de/10010700084
The quest of this research paper is to look into the association between corporate ownership structure variables and corporate social responsibility disclosure (CSRD). Seventy annual reports for the year 2010 of non financial companies with listed Dhaka Stock Exchange in Bangladesh have been...
Persistent link: https://www.econbiz.de/10010701157