Emerging markets play an important role in the global economy, given the prospects of their high economic growth and improving legal infrastructures. Despite the importance of these economies, questions related to corporate governance and corporate social responsibility (CSR) in emerging markets...

The Brazilian Fiscal Council can mitigate the consequences of the separation between cash flow and voting rights that is one of the problems of corporate governance in Brazil. The Fiscal Council that is set up in Brazilian companies should be composed of professionals who are nominated by the...

In this chapter, we examine the association between board composition and company performance in public companies across Sub-Saharan Africa. By focusing on Sub-Saharan Africa, we extend research on the relationship between board composition and company performance to the countries characterized...

In this chapter, we examine the stakeholder theory and what it means for corporate social responsibility (CSR) research and practices. First, our work points some theoretical and conceptual weakness. Then we emphasize the entrenchment of the stakeholder theory in the contractualism: According to...

In this chapter, I comprehensively summarize the corporate structure of Chinese state-owned enterprises (SOEs) including their financial status, relationship with government and political background. I also provide an overview of government policies, content, means, procedures and legal problems...

This chapter investigates the theoretical frameworks and recent empirical evidence of executive compensation in emerging markets. The author outlines theoretical evolutions and identifies unique aspects of institutional features in determining the pay scheme in emerging markets. Due to family...

Corporate governance reforms have been viewed as a means of improving the economic and social welfare of emerging economies and there have been efforts by the Nigerian government and its agencies to promulgate codes of best practices for companies in the country. There are critical questions...

This chapter explores the perceptions held about “good” corporate governance (GCG) in three different transforming economies of Central and Eastern Europe [CEE] (East Germany, Estonia, and Hungary). Forty-nine interviews were conducted with corporate governance experts from various...

Many scholars have argued that the globalization forces should create pressures on firms to adopt a common set of corporate governance practices, and eventually these practices should converge. However, there are many hurdles on the way of such convergence. Different organizations across the...