We review the basic information requirements for compliance with the Sarbanes-Oxley Act (SOX) and the OECD’s Principles of Corporate Governance (CG). The fundamental proposition of the paper is that information flow is a critical factor for the CG success or failure and information flow is...

Remuneration is considered to be closely connected with financial performance (positively), firm size (positively), the organizational structure (negatively) and corporate governance mechanisms (negatively). Furthermore, a connection of ownership structure and executives' remuneration has been...

Corporate Governance (CG) and Enterprise Systems (ESs) have attracted a great deal of attention from academics and practitioners. Financial scandals (Enron, WorldCom, etc.) and information system breakdowns are common nowadays. This paper argues that these failures are closely correlated. It...

Purpose ndash; Mamp;A differences are based on three levels: preconditions, payment methods and motives-drivers. The paper's purpose is to determine the motives, preconditions and methods of Mamp;As in Greece and to compare them with the ones that are recorded in the studies for the Anglo-Saxon...

Legal initiatives have a significant impact on the inner and outer corporate environment. Recent scandals and developments have triggered a wave of regulative and voluntary initiatives to improve corporate governance (CG) quality. The legislators legislate, but how feasible, effective is the...

The paper analyzes ownership structure in Greece. Greece has the same characteristics as Spain, Italy, Portugal, and other countries that are ranked in the Continental Europe corporate governance system. Two measures of ownership concentration are used. The first is the sum of equity holdings of...

In this paper we examine the pattern of stock returns and volatility at an individual share level in the Greek stock market, which is subject to various international and domestic influences. The introduction of foreign and domestic indices to analyze basic stock trends is common in the...

There are two identifiable problems: agency problem and the problem of minority shareholder protection. The mix and weight of the two problems classifies a country to one system or the other. The fundamental difference between systems is ownership concentration which is the source of all the...

Purpose: The paper seeks to establish a benchmark for the evaluation of the quality of Corporate Governance (CG) and to detect the factors that affect it in Greece.Design/Methodology: An Index of corporate governance quality is constructed using binary variables. Data from annual reports are...

Many scholars have linked Corporate Governance (CG) and performance or CG, capital structure of banks or market structure. The decision to use the capital market or debt in order to obtain the necessary capital to finance firms' operations is a critical factor for the formulation of corporate...