Search results for "Governance"
showing 10 items of 959 documents
Audit Quality and Corporate Governance: Evidence from the Microfinance Industry
2015
This study uses a unique hand-collected sample of for-profit and nonprofit microfinance institutions from 70 developing countries to analyse 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. 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 the use of Big Four auditors is generally unrelated to other governance…
Does Religious Affiliation Influence the Design of Corporate Governance? Evidence from the Global Microfinance Industry
2017
Governance and microfinance institutions
2012
Do Powerful CEOs Determine Microfinance Performance?
2012
Recently, microfinance has been coming under public and media attacks. The microcredit crisis following from microfinance-induced suicides in 2010 in the Indian state of Andhra Pradesh indicates that weak corporate governance and imprudent risk taking have far-reaching consequences. Yet, analyses of corporate governance mechanisms among microfinance institutions (MFIs) remain underdeveloped. As a response, this study examines the impact of CEO power on MFI risk taking by deriving explicit predictions of this effect from a characterization of the microfinance industry. Based on a sample of 280 microfinance institutions, our results suggest that powerful CEOs of microfinance non-governmental …
Reshaping the Urban Environment Through Mobility Projects and Practices: Lessons from the Case of Palermo
2016
Transport and mobility are crucial factors in the process of adaptation of contemporary urban areas to the challenge of sustainable development. In this perspective, however, cities need to perform a more effective integration between a wide range of different policies and planning practices. Together with a more effective integration between transport policy and land-use planning, for instance, cities could take growing advantage by organisational factors, as well as the spreading of new technologies and the related processes of social innovation. Through the description of several project and planning initiatives taking place in Palermo, the fifth Italian city, this paper attempts to expl…
The macroeconomic governance of the European Monetary Union: A Keynesian perspective
2005
Revised version - May 2006; Extending Asensio's closed-economy framework (2005a,b) to a monetary union, we show that theprinciples of governance which emanate from the so called "New Consensus in Macroeconomics"(NCM), and therefore have been designed for presumed stationary regimes, may cause severedysfunctions, such as depressive macroeconomic policies and unemployment traps, in non-ergodicregimes. The Keynesian approach, on the other hand, pleads in favour of important changes in thecurrent governance of the eurozone. First, since the European Central Bank can not repress distributiveinflationary pressures without having non-temporary depressive effects on aggregate demand andemployment, …
Integration and governance of international supply chains, Buyer-supplier relationships in Morocco
2015
International audience
Practices of development assistance and climate change mitigation in reshaping the Mozambican REDD+ strategy
2020
ABSTRACTThis paper studies how the practices of climate change governance and development assistance have reshaped the Reducing Emissions from Deforestation and Forest Degradation (REDD) process in Mozambique. We look at how the original goals of the Mozambican REDD+ strategy changed in the interplay of different governance-related practices, both those originating locally and nationally, and those coming from international organisations. The paper is based on the frameworks of multilevel governance and practice theory. We identify six combinations of practices that are relevant in the REDD+ programmes and projects. Three of them are incorporated in the general idea of sustainability, inclu…
Mani verdi per la città. Scenari di agricoltura urbana multifunzionale nella Piana dei colli a Palermo
2015
L’agricoltura periurbana multifunzionale è considerata una strategia efficace per arginare il dilagare dell’urbanizzazione nelle aree rurali, contrastare la pressione urbana e al contempo rendere le città più abitabili e vitali. Dalla prospettiva urbana, le aree agricole intercluse sono soggette a maggiori pressioni da parte del mercato immobiliare e sebbene assolvano molteplici funzioni nei riguardi della città, non sempre sono riconosciute come infrastruttura naturale d’interesse pubblico, come bene comune da tutelare in quanto paesaggio agro-urbano e da collegare a sistemi ambientali più ampi. L’articolo esplora il concetto di agricoltura multifunzionale e lo applica ad un sistema di are…