Personal Finance and Corporate Governance: The Missing Link: Product Regulation and Policy Conflicts

2004 ◽  
Vol 4 (1) ◽  
pp. 187-220 ◽  
Author(s):  
Joanna Gray
Keyword(s):  
Corporate Governance ◽  
Personal Finance ◽  
Missing Link ◽  
Product Regulation ◽  
Policy Conflicts

Boardroom Brawls: An Empirical Analysis of Disputes Involving Directors

2017 ◽  
Vol 07 (03) ◽  
pp. 1750006 ◽  
Author(s):  
Anup Agrawal ◽  
Mark A. Chen
Keyword(s):  
Corporate Governance ◽  
Stock Prices ◽  
Corporate Strategy ◽  
Operating Performance ◽  
Agency Problems ◽  
Class Action ◽  
Independent Directors ◽  
Board Members ◽  
Financial Policy ◽  
Policy Conflicts

We investigate the internal workings of US corporate governance with a hand-collected dataset of director resignations that are related to power struggles within the board. About two-thirds of the conflicts arise because of how board members interact in carrying out their duties, while most of the remaining cases involve disagreements between directors and top management over corporate strategy or financial policy. Conflicts are more likely to occur at companies where the CEO is the founder or is relatively new to the position. Tensions also increase when there are independent directors with large blockholdings. Stock prices decline sharply on average after a director turnover amid dispute, which may indicate that investors expect the firm to continue to have poor operating performance. The aftermath of such a resignation often includes shareholder class-action lawsuits, proxy contests, asset divestitures, and stock market delistings. Our results highlight the importance of a well-functioning board for reducing agency problems and maximizing shareholder value.

The Missing Link in Project Governance: Permeability and Influence of Governance Precepts on Decision Making in the Project Domain

2020 ◽  
pp. 875697282094164
Author(s):  
Paulo Sergio Scoleze Ferrer ◽  
Graziela Darla Araújo Galvão ◽  
Marly Monteiro de Carvalho
Keyword(s):  
Decision Making ◽  
Corporate Governance ◽  
Governance Mechanisms ◽  
Missing Link ◽  
Project Environment ◽  
Project Governance ◽  
Made In

This study aims to understand how the information about corporate governance precepts permeates the organization within the project environment and influences decision making. After analyzing 157 decisions, we concluded that there is a lack of robustness in the governance mechanisms to convey this information consistently. However, when there is strength to break the gap and reach the agent, the decisions made in the projects are 16.5 times more likely to be aligned with corporate governance. This finding reveals the importance of effective and consistent project governance mechanisms.

The missing link to an effective corporate governance system

2008 ◽  
Vol 8 (1) ◽  
pp. 73-82 ◽  
Author(s):  
Themistokles Lazarides ◽  
Evaggelos Drimpetas
Keyword(s):  
Corporate Governance ◽  
Governance System ◽  
Missing Link ◽  
Corporate Governance System

scholarly journals An integrative approach to HRM–firm performance relationship: a missing link to corporate governance

2018 ◽  
Vol 18 (2) ◽  
pp. 331-352 ◽  
Author(s):  
Jelena Petrovic ◽  
George Saridakis ◽  
Stewart Johnstone
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Significant Contribution ◽  
Theory And Practice ◽  
Integrative Approach ◽  
Missing Link ◽  
Content Type ◽  
Integrative Framework ◽  
Theoretical Perspectives ◽  
The Relationship

Purpose The purpose of this paper is to contribute to ongoing debates regarding the human resource management (HRM)-firm performance relationship. In seeking to provide a more complete picture of the relationship, the paper discusses the existing literature and proposes an integrative framework that draws upon different literatures and multiple theoretical perspectives. Design/methodology/approach This review includes nearly 100 research studies published in this field. The review includes papers published in mainstream HRM journals and broader management journals with strong ties to HRM literature. Importantly, the paper also identifies a gap – a missing link – that concerns the importance of incorporating insights from corporate governance (CG) literature when considering strategic HR decision-making. Findings A significant contribution of this paper to theory is to propose an integrative framework that conceptualises the elusive relationship between HRM and firm performance, and which draws on different literatures and multiple theoretical perspectives in to offer more holistic insights into the relationship. The paper discusses the implications of the integrative perspective for theory and practice. Originality value This paper argues that one of the main stumbling blocks for developing a better understanding of the mechanisms through which HRM creates value in an organisation is the fragmentation of the HRM literature between “HR as practices” and “HR as the department/profession”, as well as a tendency to neglect insights from the CG literature.

scholarly journals Earnings Quality: A Missing Link between Corporate Governance and Firm Value

2017 ◽  
Vol 9 (2) ◽  
pp. 255-279 ◽  
Author(s):  
Khalid Latif ◽  
Arshad Ali Bhatti ◽  
Abdul Raheman
Keyword(s):  
Corporate Governance ◽  
Firm Value ◽  
Earnings Quality ◽  
Missing Link
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