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Corporate governance has emerged from obscurity into being a mainstream topic about which there is a need to know, as well as being incorporated into industrial and commercial training courses. There has been a plethora of reports starting in the USA and spreading to the UK, which has then...
Persistent link: https://www.econbiz.de/10014694769
Purpose – The purpose of this paper is to describe the wealth expropriation from minority to majority shareholders due … to the lack of legislation protecting the interests of minority shareholders in an acquisition deal, validating the … premium of nearly 250 percent, most minority shareholders actually suffered wealth losses ranging from US$ 7.1 to 31 …
Persistent link: https://www.econbiz.de/10014695071
Purpose – Where there has been little in‐depth understanding of sovereign wealth funds, the purpose of this paper is to describe the complex nature of one of the world's largest sovereign wealth funds, Temasek Holdings (“Temasek”), whose “active” investment strategy has been emulated...
Persistent link: https://www.econbiz.de/10014870148
‐term shareholder value has been destroyed. In order to rebuild the trust of the individual shareholders, employees, pensioners and the …
Persistent link: https://www.econbiz.de/10014694799
Purpose – The purpose of this paper is to compare and contrast the corporate governance standards of Cyprus, Russia, and Kazakhstan to those of the UK to facilitate investment decisions. The paper aims to discover governance gaps creating a potential for alignment to UK standards....
Persistent link: https://www.econbiz.de/10014695213
Purpose – Boards are a central feature in any discussion of corporate governance. Following the adoption of corporate governance principles in the public sector and the non‐profit sector, boards have become a central feature of these entities too. The purpose of this paper is to explore the...
Persistent link: https://www.econbiz.de/10014695917
Local authorities in the UK have lagged behind other sectors in developing a sector‐wide approach to the risk management aspects of corporate governance. The governance framework published in 2001, however, goes further than the private sector combined code in its reporting requirements. This...
Persistent link: https://www.econbiz.de/10014798799
Purpose – The purpose of this paper is to investigate the mechanisms adopted by cities to control the provision of externalized public services and to explore the determinants of such control choices. Design/methodology/approach – The paper presents the results of a multiple case study based...
Persistent link: https://www.econbiz.de/10014641256
Despite the existence of accounting standards, there still remains a degree of flexibility in their interpretation and gaps between rules. It is alleged that management practises “creative compliance” to influence the picture of financial performance portrayed in the annual report. This...
Persistent link: https://www.econbiz.de/10014641578
Purpose – The purpose of this paper is to investigate the stakeholder engagement approach, level, rationale and implications for corporate social responsibility (CSR) management and governance in the Nigerian tobacco sub‐sector. Design/methodology/approach – Data were obtained from the...
Persistent link: https://www.econbiz.de/10014668496