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The main goal of this study was to examine the impact of the three dimensions of justice on organizational performance … were collected from a developing country to see how results differ when compared with already conducted studies on justice … from a developed country. The present study also takes into consideration the three dimensions of justice rather than …
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Corporate governance reforms have become more intrusive for banks than might be thought appropriate for “ordinary corporates”. “Heavier” regulation in this area is justified by the public interest at stake in bank activity and the risk to the public interest if a bank is allowed to fail...
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restorative justice that transforms the ethical culture, particularly the bonus culture, of banks …
Persistent link: https://www.econbiz.de/10013039507
When evaluating a merger or acquisition proposal, boards frequently seek fairness opinions from their financial advisors. This fairness opinion ratifies the consideration being paid or received as "fair from a financial point of view" to shareholders. This chapter (Chapter 26 in "The Art of...
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Much has been written and discussed in banking circles about recent rollbacks in prudential regulation, with some seeing the rollbacks as unsafe and others seeing them as allowing stronger financial action. Undiscussed is that the basic taxation of the corporation in the United States—and...
Persistent link: https://www.econbiz.de/10012897784
This paper discusses why a “corporate governance movement” that commenced in the United States in the 1970s became an entrenched feature of American capitalism and describes how the chronology differed in a potentially crucial way for banks. The paper explains corporate governance's...
Persistent link: https://www.econbiz.de/10013061835
Key points:• This article considers how the recent market turmoil affected national banking systems, thereby prompting state measures;• It describes the remuneration problems shown by the financial crisis: rewards for failure; short-term behaviour; inappropriate design of performance...
Persistent link: https://www.econbiz.de/10013136173