Future Firm Performance, Corporate Governance, Information Asymmetry and Insider Trading - A Systematic Literature Review using PRISMA

2022 ◽  
Vol 14 (1) ◽  
pp. 1
Author(s):  
Asna Atqa Abdullah ◽  
Fakarudin Kamarudin ◽  
Ong Tze San ◽  
Yasmin Jamadar
2019 ◽  
Vol 19 (4) ◽  
pp. 717-734 ◽  
Author(s):  
Nicola Cucari

Purpose The purpose of this paper is to provide comprehensive mapping of qualitative comparative analysis (QCA) applications in business and management research and to examine the sub-fields of corporate governance research in this context. Design/methodology/approach Through a systematic literature review of 22 articles, the paper describes and analyses how QCA is used in the corporate governance field, what can be learned from the methodology’s implementation in corporate governance studies and why authors justify its use. Findings The findings highlight that QCA in corporate governance is still at an early stage of development. The paper encourages governance scholars to use this method to transform QCA from a niche into a mainstream method because it is appropriate for understanding both complex phenomena of social reality and issues of corporate governance that require an approach able to capture configurations of conditions, asymmetric patterns and equifinal explanations. Originality/value This is the first complete overview of the existing literature concerning QCA’s application in corporate governance research and reveals implications for its future use. In this way, it extends the previous work on QCA’s benefits to management researchers and other critical reviews of applications in QCA. This study encourages scholars to renew their understanding of corporate governance issues through a new analysis method that can help to discover conceptual and empirical relations among case-oriented and variable-oriented analyses in terms of interrelations to examine corporate governance practices holistically.


2019 ◽  
Vol 19 (2) ◽  
pp. 255-269 ◽  
Author(s):  
Sahar E-Vahdati ◽  
Norhayah Zulkifli ◽  
Zarina Zakaria

Purpose The purpose of this paper is to systematically review the literature on corporate governance and sustainability integration in identifying the main rigidity, infirmity and gaps in the current literature, and also to mention future research paths. Design/methodology/approach A systematic literature review of existing international papers is used through quantitative and qualitative approach by selecting 27 articles published in Scopus. Findings The review suggests although integration of governance into sustainability is interpreted differently in a geographical area, vision, mission and leadership are the most significant drivers of sustainability framework dealing corporate governance. Despite the limitation which is related to the choice of number and type of keywords and journals, outcomes and the interpretation, generalization and application of results, sustainability frameworks suggest a number of avenues for investors, policy makers and future market scenario which will increase the efficiency of companies. Research limitations/implications This research uses limited number of reviews by the common features of Scopus search as previous studies. This review study reflects corporate governance to sustainability models and provides opportunities to researchers for a more in-depth investigation into the theoretical advancement and joint work of sustainability and corporate governance which better inform strategies and implementations of governmental structures. Originality/value This paper undertakes a significant thorough systematic review for sustainability integration with corporate governance literature. It gives a written work review and reference index from1995 to 2017, useful for both academics and professionals.


2016 ◽  
Vol 11 (10) ◽  
pp. 306
Author(s):  
Giovanni Bronzetti ◽  
Stefania Veltri ◽  
Romilda Mazzotta

The association of Corporate Governance (CG) with Firm Performance (FP) has always been an issue relevant to management literature, despite the notable heterogeneity of studies and their mixed results highlighting the opportuneness of continuing to investigate the association of CG with FP.  The article aims to contribute to this lively debate by pointing out the main causes of the mixed findings and the contributions of three papers which, in the authors’ opinion, add knowledge to the CG-FP research stream, which deserves more empirical research, as there is still something to learn about this association. us possibilities of majorly used social media websites and the products which are being advertised on them. In the rigorous literature review the paper identifies various products and services which are being frequently advertised on social media and also identifies the social media websites which are used for the advertisement of these products and services accordingly.


2021 ◽  
Vol 10 (4) ◽  
pp. 0-0

All around the world, trends of globalization and industrialization have been experienced both in the development of large corporations and conglomerates. These larges firms contribute enormously to the socio-economic development of countries. Adopting a systematic literature review method with in-depth content analysis, the paper explores the concept of corporate governance holistically from systems lens and proposes an innovative systems structure-based framework namely Cultural Legal Oriented Value Embedded (CLOVE) for corporate governance to enable better decision making. In this paper, the structure proposed refers to components of culture, legal, orientation, value embeddedness that may be internal or external to the firm and these components are those, which will have a role in undertaking effective corporate governance and wealth creation for shareholders and the firm.


Author(s):  
Radosław Miążek

Abstract Background The state sector continues to play a significant role in the development of the global economy. Proper corporate governance is crucial to ensure the positive contribution of state-owned enterprises to the efficiency of the economy and its competitiveness. Despite the increasing importance of state-owned enterprises for the development of global gross domestic product and the quality of public services provided, research on corporate governance in state-owned enterprises is not widely represented in the world literature. Research aims This article provides a bibliographic analysis of the existing scientific work on corporate governance in state-owned enterprises. The aim of the analysis is to systematise the scientific output in this field, to demonstrate the scale of interest in this subject among researchers, and to indicate the predominant directions of research, taking into account their geographical origin. Methodology This study uses a systematic literature review. Findings The results of the research show that the existing scientific work in this field is insignificant in relation to the number of state-owned enterprises operating worldwide and their importance for the development of the global economy. Research by dominant research groups from the point of view of geography has shown that there is a clear variation in the dominant direction of research on corporate governance in state-owned enterprises, which is an indication of the different interests of researchers in different geographic areas. Analysing the factors underlying the differentiation just described could provide an incentive for further empirical research in this area.


2013 ◽  
Vol 11 (2) ◽  
pp. 249
Author(s):  
Orleans Silva Martins ◽  
Edilson Paulo

This paper aims to investigate the existence of insider trading in the Brazilian stock market. For this, we estimate the probability of informed trading (PIN) of 229 stocks during the years 2010 and 2011, using the model of Easley <i>et al.</i> (2002). In the results, it was found that the average PIN of these stocks was 24.9%, suggesting the existence of informed trading in that period. Considering the segment of corporate governance, the stocks listed on Level 2 had the lowest average PIN (24.4%), while stocks on Level 1 had the highest average (25.6%). Considering the classes of stock, the average PIN of common stocks was 24.2% and the average PIN of preferred stocks was 26.0%, indicating that the stocks with voting rights had lower information asymmetry. Still, it was found that the relationship between greater and lesser liquidity PIN was only confirmed for common stocks with high liquidity.


Sign in / Sign up

Export Citation Format

Share Document