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Corporate governance is a process that aims to allocate corporate resources in a manner that maximizes value for all stakeholders – shareholders, investors, employees, customers, suppliers, environment and the community at large and holds those at the helms to account by evaluating their...
Persistent link: https://www.econbiz.de/10013051567
women on boards is associated with better ethical culture. My clearest results refer to a corporate governance feature …
Persistent link: https://www.econbiz.de/10014103194
This paper examines the composition of supervisory boards of German banks for a sample of 41 large banks in the period … theory ; stakeholder theory ; banks …
Persistent link: https://www.econbiz.de/10003886999
and social media (SM) as universal interaction tools useful for stakeholder engagement. Through SM stakeholder can easily … important source of institutional pressure for firms and board of directors. They acts as a resonance chamber for stakeholder … CED, deepening the moderating role of stakeholder e-engagement through Facebook, LinkedIn and Twitter. The effectiveness …
Persistent link: https://www.econbiz.de/10012835819
There is a heated debate on shareholder versus stakeholder governance. The stakeholder view recognises that companies … to hold management accountable against multiple goals. Moreover, the traditional stakeholder model tends to focus on …
Persistent link: https://www.econbiz.de/10014235517
This study examines the role of foreign institutional ownership in corporate social responsibility. Using the Shanghai-Hong Kong Stock Connect as a quasi-natural experiment, our difference-in-differences estimation shows that foreign institutional ownership drives firms’ CSR improvements....
Persistent link: https://www.econbiz.de/10013405877
Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of interest between various corporate claimholders. In this survey we review the theoretical and empirical research on the main mechanisms of...
Persistent link: https://www.econbiz.de/10014023875
This chapter surveys the theoretical and empirical research on the main mechanisms of corporate law and governance, discusses the main legal and regulatory institutions in different countries, and examines the comparative governance literature. Corporate governance is concerned with the...
Persistent link: https://www.econbiz.de/10014023498
This study applies social capital theory to the ownership group in private firms. Extant research on ownership focuses primarily on the type or structure of ownership, whether as independent or control variable, to predict various firm effects. However, especially in the private firm, owners are...
Persistent link: https://www.econbiz.de/10013110989
Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreign-owned firms are more likely to focus on short-term profit. This influence is particularly strong if the local managers of the German subsidiary are not sent from the foreign parent company. Moreover, the...
Persistent link: https://www.econbiz.de/10010354622