scholarly journals Convergent and divergent trajectories of corporate governance

2020 ◽  
Vol 24 (5) ◽  
pp. 399-407
Author(s):  
David Gindis ◽  
Jeroen Veldman ◽  
Hugh Willmott
Keyword(s):  
Corporate Governance ◽  
Point Of View ◽  
The Political ◽  
Common Denominator ◽  
Special Issue ◽  
Governance Systems ◽  
Social Arrangements ◽  
Functional Explanations ◽  
Comparative Corporate Governance

This Special Issue revisits the classic question of comparative corporate governance research, namely whether national corporate governance systems are converging. More specifically, it focuses on several ‘convergence vectors’ which comprise the political, legal, economic and social arrangements that influence or drive the international trajectories of governance systems towards a common denominator. Taken together, the contributors to this Special Issue invite us to think critically about the functional explanations commonly mobilized in favour of convergence and consider instead the convergence debate from a broader and more interdisciplinary point of view.

The Distinction of Social and Political Elites

2011 ◽  
Vol 10 (4) ◽  
pp. 443-455 ◽  
Author(s):  
Jean-Pascal Daloz
Keyword(s):  
Point Of View ◽  
The Political ◽  
Political Elites ◽  
Theoretical Point ◽  
Special Issue ◽  
Classical Models

AbstractThis article introduces the special issue on “The Distinction of Social and Political Elites.” It aims to provide some analytical reflections about the usefulness and limits of classical models of interpretation when confronted with empirical realities in very different societies. Although the separation between the societal and the political spheres is not always very clear, it is argued that the differentiation between the two corresponding types of elite is often significant from a theoretical point of view. Indeed, the symbolic superiority of political elites is frequently raised in rather specific terms because of the nature of their role as representatives.

Convergence of corporate governance systems: A legal transplant perspective

2018 ◽  
Vol 24 (5) ◽  
pp. 450-470 ◽  
Author(s):  
Ulf Larsson-Olaison
Keyword(s):  
Corporate Governance ◽  
Alternative Model ◽  
Evaluation Criteria ◽  
Legal Reform ◽  
Theoretical Understanding ◽  
Legal Transplant ◽  
Legal Studies ◽  
Corporate Governance Code ◽  
Governance Systems ◽  
Comparative Corporate Governance

The predominant approaches to comparative corporate governance view legal transfers dichotomously, seeing corporate governance systems as either converging or diverging as a result of legal reform. Drawing on legal studies, this paper proposes an alternative model using the metaphor of the staircase to conceptualize how legal transplants can meet different evaluation criteria before being considered ‘successful’. The model is empirically illustrated by the introduction of the Swedish Corporate Governance Code. It is found that different corporate governance rules when transplanted could be said to meet evaluation criteria more or less strictly. This finding has implications for our empirical and theoretical understanding of how corporate governance systems converge.

Bridging Accounting and Corporate Governance: New Avenues of Research

2021 ◽  
pp. 2180001
Author(s):  
Ruth V. Aguilera ◽  
Kurt Desender ◽  
Mónica López-Puertas Lamy
Keyword(s):  
Corporate Governance ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Reporting Quality ◽  
Organizational Outcomes ◽  
Point Of View ◽  
Accounting Practice ◽  
National Differences ◽  
Governance Systems ◽  
Corporate Social

This paper draws on the articles in the Forum on Corporate Governance to discuss how corporate governance and accounting research complement each other well in explaining how companies are governed as well as properly managed from an accounting point of view. We put special attention to the cross-national differences in both corporate governance systems and accounting practice and how that affect multiple organizational outcomes ranging from financial performance to corporate social performance and reporting quality.

Sacrifice and Recognition in Carlos Reygadas's Japón

2012 ◽  
Vol 28 (2) ◽  
pp. 287-305 ◽  
Author(s):  
Craig Epplin
Keyword(s):  
Political Context ◽  
Point Of View ◽  
Political Life ◽  
The Political ◽  
Modern State ◽  
Common Denominator ◽  
Key Concepts ◽  
The Common ◽  
State Form

In his films, Carlos Reygadas eschews transparent narratives and advances no immediately clear political point of view. However, it is at the level of form that his films intervene in the political context of the Mexican and global present. This intervention becomes clear around two key concepts for the modern state form, concepts whose valence has been transformed under neoliberalism: sacrifice and recognition. Corresponding roughly to death and life, the terms provide a lens through which to read Reygadas's films as a comment on the immanence of contemporary political life, on its reduction to the common denominator of capital.

scholarly journals Editorial: New challenges and opportunities in corporate governance

2018 ◽  
Vol 2 (2) ◽  
pp. 4-5 ◽  
Author(s):  
Nicola Cucari
Keyword(s):  
Corporate Governance ◽  
Organizational Behavior ◽  
Point Of View ◽  
Key Stakeholders ◽  
Governance Systems ◽  
Sustainable Value ◽  
Challenges And Opportunities ◽  
Governance Process ◽  
New Challenges ◽  
Governance Processes

Corporate governance is “one of the most interesting, exciting and potentially dangerous disciplines” (Clarke, 2014) and, moving through different eras, new challenges are faced (Kostyuk et al., 2017) and new theoretical and methodological answers are necessary (Ananchotikul et al., 2009; Bebchuk et al., 2009; Boubaker et al., 2014; Kostyuk, 2003; Kostyuk et al., 2016; Kostyuk et al., 2014; Meier et al., 2013; Colbert et al., 2007; Dorata et al., 2008). Thus, in line with the aim of “Corporate Governance and Organizational Behavior Review”, it is important to deal with the governance issues not just in a strict approach of theories, instruments and policies, but also from the point of view of how shareholders, managers, employees, directors and other key stakeholders are engaged in the governance process and how their behavior influences the governance processes. The question arises if the actual boards are able to create a sustainable value for all actors involved and for society. This editorial seeks to highlight some of the challenges and opportunities within corporate governance research to further contribute to the development of effective corporate governance systems.

scholarly journals A COMPARATIVE VIEW REGARDING THE TERRITORIAL-ADMINISTRATIVE REFORMS AND LOCAL GOVERNANCE IN POLAND AND CZECH REPUBLIC

2016 ◽  
Vol 4 ◽  
pp. 573-577
Author(s):  
Aurora Ndreu
Keyword(s):  
Czech Republic ◽  
Local Government ◽  
Local Governance ◽  
Point Of View ◽  
The Political ◽  
Political Accountability ◽  
Administrative Reforms ◽  
Governance Systems ◽  
Communist Countries ◽  
Administrative Structures

The purpose of this article is to file the administrative-territorial reforms, conducted by Poland and Czech Republic, in a comparative point of view. This study has been done conducted on unitary former communist countries such as Poland, Czech Republic and Croatia, which resemble Albania as a result of their past. Looking at the historical evolution of reforms in these countries with different local governance systems, and analysis of the latest developments will give us a deeper knowledge about the topic.This comparison would address reforms of the political bodies of local government (such as those relating to political accountability and decision-making in local government), with regard to administrative structures, because only by looking at both sides of the currency of the local government can we get a complete picture of the changes and improvements to be made.Comparison aims at providing knowledge about the terminology and concepts used in the comparison of countries and characteristics of each country in connection with the territorial administrative reforms carried out, followed by a reformation of the local government.

scholarly journals The analytical assessment of some Middle East corporate governance standards after the global crisis

2013 ◽  
Vol 11 (1) ◽  
pp. 933-946
Author(s):  
Dinh Tran Ngoc Huy
Keyword(s):  
Corporate Governance ◽  
Saudi Arabia ◽  
Middle East ◽  
Financial Services ◽  
Global Crisis ◽  
Sustainable Practices ◽  
Middle East Countries ◽  
Governance Systems ◽  
Analytical Assessment ◽  
Comparative Corporate Governance

The purpose of this paper is to present a set of comparative corporate governance standards in some Middle East countries including: Turkey, UAE, Saudi Arabia plus IIFS Code (Institutions offering Islamic financial services). There are strengths and weaknesses in these codes or practices which will be identified in this paperwork. Therefore, this paper not only identifies different points in latest corporate governance standard principles and systems in the above three (3) countries, but also provides with a summary of evaluation of current corporate governance systems in these above countries which may enable relevant organizations in re-evaluating their current ones. Last but not least, it aims to illustrate a limited comparative set of standards of Middle East corporate governance, and give proper recommendations to relevant governments and institutions toward a sustainable practices in business life.

Post-Enron Reflections on Comparative Corporate Governance

2003 ◽  
Vol 14 (2) ◽  
pp. 113-124 ◽  
Author(s):  
Margaret M. Blair
Keyword(s):  
Corporate Governance ◽  
Stock Option ◽  
Turn Of The Century ◽  
Shareholder Primacy ◽  
Accounting Scandals ◽  
Governance Systems ◽  
Heated Debate ◽  
Cooperative Relationship ◽  
Option Compensation ◽  
Comparative Corporate Governance

In the heated debate of the last fifteen years over which of the world’s many different corporate governance systems are best, the shareholder primacy advocates thought they had won at the turn of the century. Now, in 2002, the helium has come out of the formerly high-flying technology and information infrastructure sectors that were leading the U.S. economic expansion in the 1990s, and the Enron fiasco and accounting scandals at numerous other U.S. corporations have exposed deep flaws in the system that had been held up as the model for all the world to follow. Many possible lessons can be drawn. At least one is that the high-powered incentives provided by stock option compensation may produce perverse behavior that can, in turn, undermine institutional arrangements that support and foster mutual trust and cooperation. The study of corporate governance must focus on more than just how to get management to maximize value for shareholders. It must also be about the human institutions that bind people together in cooperative relationship over long periods of time.

scholarly journals The transformation of European corporate governance: a case of Germany and France

2008 ◽  
Vol 5 (4) ◽  
pp. 252-267
Author(s):  
Frederick V. Perry ◽  
Scheherazade S. Rehman
Keyword(s):  
Corporate Governance ◽  
Rule Of Law ◽  
The Political ◽  
Anglo Saxon ◽  
Institutional Economic ◽  
Governance Systems ◽  
European Corporate Governance ◽  
Insight Into ◽  
The U.S ◽  
The Eu

This paper provides insight into the evolving EU-wide corporate governance systems and discusses these changes within the context of the political-institutional, economic, legal and social features. In doing so, asking where are they, and where might they be headed? Specific attention is given to the comparison of the German and French system to the U.S. system. Moreover, this article also examines the evidence that varying legal and social traditions and rule of law directly impact corporate governance styles and efficiency. It is our contention that during the 1990s the EU nations experienced strong pressures to develop more effective corporate governance systems, tending toward the Anglo-Saxon model as applied in the U.S. and that this trends continues today especially among the large global multinationals.

Sign in / Sign up

Export Citation Format

Share Document