The study of corporate governance requires not only the knowledge of economic, financial, managerial and sociological mechanisms and norms, but it must also incorporate an ethical dimension, while remaining aware of the demands of various stakeholders. The interest towards good governance...

Purpose – The purpose of this paper is to address the debate on an ethical foundation underpinning modern corporate governance and to argue that an ethical foundation is absent in the definition of corporate governance. The paper recommends an applied Kantian philosophy....

While the rapid change brought by globalization of the economic life are enhancing world-wide the need for reliable and transparence information, the preparation of financial statement according to these two factors depends on establishing a unity between reporting standards and auditing applied...

Die Professionalitaet von Aufsichtsraeten ist ein haeufig diskutiertes Thema. Die zusaetzlichen Mandate, die einzelne Aufsichtsratsmitglieder halten, sind dabei von Wissenschaftlern und Praktikern als entscheidender Stellhebel identifiziert worden. Doch die Meinungen gehen auseinander. Gegner...

Calée sur la légitimité du marché, la Corporate Governance vient construire une soft law qui lui permette de faire prévaloir ses intérêts dans le cadre d'une hard law, celle de la société anonyme (SA). Ce qui nous intéresse ici est de souligner le passage de la gouvernance comme...

Recent financial crises and scandals have focused attention on the system of governance and disclosure in a way many may never have imagined and few welcomed. Not only do reforms appear to be necessary to protect shareholders as well as other stakeholders, but also to develop a different...

In dieser Studie wurde untersucht, welchen Einfluß die Veränderungen der Rahmenbedingungen für die industrielle Fertigung in den 1990-er Jahren auf die Struktur des verarbeitenden Gewerbes und die strategische Ausrichtung der Unternehmen hatten. Insbesondere sollten Wirkungsbeziehungen...

The theory of the firm and corporate governance are two fields of analysis traditionally tackled separately in the economic literature. This paper seeks to rediscover the link between the nature, boundaries and governance of the firm on the basis of changes in corporate industrial firms. We...

Profit manipulation has been largely studied through Positive Accounting Theory (PAT). However, the weakness of the results obtained would suggest using different theoretical and methodological approaches to examine this subject. In France, management controllers play a central role in profit...

We consider an optimal portfolio diversification model in which a large shareholder can influence shares return by monitoring efficiently managers. Less diversification decreases insurance but increases the stake in the ownership and then enhances efficiency of management monitoring. We analyze...