Search results for "Corporate governance"
showing 10 items of 502 documents
COMPLIANCE AND THE RECOVERY OF FINANCIAL SERVICES OF THE EUROPEAN UNION: NEW CHALLENGES FOR LATVIA’S BANKING SECTOR
2012
Determinants of international banking failures have been widely discussed and summarized. A combination of global and systemic complexity of products that fails down on correct managing of the banking risk systems; consumers who are eager for credits and regulators who are unable to spot the potential global inter-relationships – consequently have led to the failures. As a response to the financial crisis the European Commission has been working actively to complete a comprehensive financial reform to address poor risk management, lack of responsibility and to correct the underlying weaknesses in the supervisory and regulatory framework. The regulatory development is substantially increasin…
Which Governance Mechanisms Promote Efficiency in Reaching Poor Clients? Evidence from Rated Microfinance Institutions
2009
Accepted version of an article from the journal: European Financial Management. Also available from Wiley: http://dx.doi.org/10.1111/j.1468-036X.2009.00524.x
Incentives in Corporate Governance: The Role of Self-Regulation
2004
Corporate governance stems from the interplay of legal norms, security regulation, self-regulation and best practices. Recent scandals and frauds have forced governments to update laws on corporate governance: the legislation process has been very fast in some countries, others have lagged. Law and regulation intervene and become effective only ex-post, when damages have been done and malpractice is self-evident. On the contrary, self-regulation is a quicker and more flexible response to changing market conditions and of great impact on the relationship between firms and their environment. A self-regulatory organization (SRO) such as the stock exchange could administer the screening device,…
Municipal Climate Change Adaptation GOVERNANCE in Latvia: ApproachING Cross-sectorial and Multi–instrumental understanding
2021
Climate change adaptation being one of today’s main challenges on global agenda do affect people worldwide, but even though most decisions regarding climate change governance are made at the international or national level, the implementation of these decisions in most cases takes place at the local level. Municipal climate change adaptation research project in Latvia was carried out with special emphases on main stakeholder understanding, preparedness and communication factors using several complementary research methods – case study research in Salacgriva coastal municipality, sociological surveys with both Salacgriva town households / inhabitants (home visits / questionnaires) and also n…
Audit Quality and Corporate Governance: Evidence from the Microfinance Industry
2012
This study uses a unique, hand-collected sample of microfinance institutions from 73 countries that typically are not investigated in accounting research to analyze the relationships between audit quality and governance mechanisms. We examine two measures of audit quality, namely, the use of Big Four auditors and the presence of internal auditors who report to the boards of these institutions. The empirical analysis of this study reveals that these two quality metrics are highly related, although we also demonstrate that these metrics capture distinctive aspects of audit quality. In particular, the presence of internal auditors is related to other indicators of stricter governance, whereas …
Corporate governance and its implications for sustainability reporting quality in Latin American business groups
2020
Abstract This paper aims to study the factors determining the quality of sustainability reporting in Latin American business groups. Applying a logistic regression model, this study is pioneer in establishing how some distinct corporate variables of business groups influence disclosure quality of Corporate Social Responsibility practices in these groups in emerging economies. The results show that control concentration in the groups negatively affects the quality of sustainability reporting. Variables such as foreign ownership, the age of the business group and board size help business groups to improve the quality of their sustainability and voluntary disclosure practices. These results fo…
On the Internationalization of Corporate Boards
2013
Despite the global reach of their commercial activities, many multinational firms have proved slow in internationalizing their boards of directors. Based on a panel study of the internationalization of the boards of 347 non-financial firms from the Nordic countries, we find a higher fraction of international board membership in firms with more foreign sales, in firms with more foreign ownership and in firms whose shares are traded on foreign (mostly European) stock exchanges. Moreover, we find international directors and national directors with international experience complementary. The first-mentioned group is found to serve a monitoring role, related to financial internationalization of …
Governance and Adaptation to Innovative Modes of Higher Education Provision
2014
At a time when more students than ever are attending higher education, its provision is becoming more fluid, global and competitive. For example, developments in new technologies mean that higher education institutions (HEIs) can make their courses available all over the world. These developments bring into question the traditional delivery model of higher education institutions, which tends to be confined to physical — and hence geographically defined — course offerings. This report examines innovative modes of higher education provision, as well as ways in which the management and governance of higher education are changing in support of innovations in higher education provision. As such,…
Concept and design developments in school improvement research: general discussion and outlook for further research
2021
AbstractThis book aimed to present innovative designs, measurement instruments, and analysis methods by way of illustrative studies. Through these methodology and design developments, the complexity of school improvement in the context of new governance and accountability measures can be better depicted in future research projects. In this concluding chapter, we discuss what strengths the presented methodologies and designs have and to what extent they do better justice to the multilevel, complex, and dynamic nature of school improvement than previous approaches. In addition, we outline some needs for future research in order to gain new perspectives for future studies.
Economic development and CSR assurance: Important drivers for carbon reporting… yet inefficient drivers for carbon management?
2021
Abstract This study contributes to the current climate debate by shedding some light on the driving forces of the disclosure and management of carbon emissions in the context of developed and developing economies. Our findings show that the probability of not reporting total carbon emissions is significantly higher in companies located in a developing than in a developed economy. In addition, the company's sustainability profile (the sustainability report, its assurance and the existence of a Corporate Social Responsibility (CSR) committee), gender diversity policies and other corporate variables (especially size), significantly increase the probability of disclosing total carbon emissions,…