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Executives trade more profitably and opportunistically over the course of the tenure of independent directors (IDs). IDs' increased connections with and hence allegiance to executives are likely the channel through which ID tenure can affect executive trading. Executive opportunism is mitigated...
Persistent link: https://www.econbiz.de/10014255330
decentralization, the autonomy afforded to its managers, its long-term investment horizon, and its emphasis on ethical behavior … corporations take to extend the investment horizons of their managers?• How important is integrity to business results? What …
Persistent link: https://www.econbiz.de/10011862338
This paper provides an up-to-date and comprehensive systematic literature review (SLR) of the existing research on women on corporate boards (WOCBs) and corporate financial and non-financial performance. The aim is to synthesise and extend current understanding of both the existing (i)...
Persistent link: https://www.econbiz.de/10012830551
This report is the first known stocktaking of its kind to provide a regional overview of state-owned enterprise (SOE) governance reforms and challenges across the Southern African Development Community (SADC) region. Part One summarises the challenges and governance practices related to...
Persistent link: https://www.econbiz.de/10010233543
This report evaluates the corporate governance practices of Colombian SOEs against the OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs). The assessment was prepared based on information provided by the Colombian authorities, an analysis of the available literature and...
Persistent link: https://www.econbiz.de/10010233692
The shareholders of public corporations have considerable interest in the choice of individual to serve as CEO of their company. They want to be assured that the company has a viable plan in place to replace the current CEO if necessary. Historically, boards have deferred to outgoing CEO,...
Persistent link: https://www.econbiz.de/10011524573
Corporate governance today is an integral part of European Union law. This survey addresses selected legal developments with a view to foundations and perspectives of interdisciplinary research on corporate governance. To start with, the most important institution of internal corporate...
Persistent link: https://www.econbiz.de/10013097885
Persistent link: https://www.econbiz.de/10013064293
The financial crisis of 2008 and the resulting economic recession have cruelly exposed weaknesses in corporate oversight at all levels – organizational, sector, national, and international. Consequently stakeholders are now demanding higher standards of corporate oversight to provide them with...
Persistent link: https://www.econbiz.de/10013067333
Persistent link: https://www.econbiz.de/10012941838