Corporate Governance: Fine-Tuning the Conditions for Innovation and Job Growth in a Global Economy

2003 ◽  
Vol 159 (4) ◽  
pp. 656 ◽  
Author(s):  
Thomas P. Gehrig
Keyword(s):  
Corporate Governance ◽  
Global Economy ◽  
Fine Tuning ◽  
Job Growth

Valences of the Corporate Governance in the Process of Accounting Reporting

2019 ◽  
pp. 145-166 ◽  
Author(s):  
Tatiana Dănescu ◽  
Mihaela Prozan
Keyword(s):  
Risk Factors ◽  
Decision Making ◽  
Risk Management ◽  
Corporate Governance ◽  
Global Economy ◽  
Accounting Information ◽  
Reliable Information ◽  
Professional Organizations ◽  
Prospective Risk

In the context of the issues that the global economy is facing, one of the main concerns of the regulative authorities, of the professional organizations, and of entities was and still is identifying the risk factors that affect the systems of corporative governance and the systems and processes through which the supply of reliable information in the decision-making process is insured. Another concern is identifying reliable solutions for insuring the implementation of a proactive and prospective risk management that makes a mark on the utility of the information presented and communicated to the targeted users, especially through accounting reporting. Hence, through the necessity of insuring the transparency and the utility of accounting information, in this chapter, the role of corporate governance, in improving the process of accounting reporting and as a consequence of the value of accounting information, will be synthetically presented.

Institutional Reform and Export Competitiveness of Central and Eastern European Economies

2016 ◽  
pp. 1402-1425
Author(s):  
Doren Chadee ◽  
Alex Kouznetsov ◽  
Banjo Roxas
Keyword(s):  
Corporate Governance ◽  
Competition Policy ◽  
Global Economy ◽  
Eastern European ◽  
The European Union ◽  
Institutional Reforms ◽  
Export Sector ◽  
Export Competitiveness ◽  
Eastern European Countries ◽  
European Economies

Following their political and economic independence in 1989, a group of ten Central and Eastern European countries (CEEs) embarked on major institutional reforms to modernise their economies in order to become an integral part of the global economy. This chapter provides an overview of the main institutional reforms undertaken in the CEEs and their effects on export competitiveness. The chapter focuses on selected meso and macro institutional reforms, namely price liberalisation, competition policy, trade and foreign exchange, privatisation, and corporate governance. The results show that institutional reforms in the CEEs were rapid and generally successful. All CEEs became members of the European Union (EU) and the World Trade Organization (WTO). Institutional reforms contributed significantly to improved efficiency and growth in the export sector. The results also suggest that further reforms are needed to improve competition policy and corporate governance, both of which are still below the standards found in Western industrialised countries.

scholarly journals The implementation of Good Corporate Governance (GCG) in companies when the Global Economy is uncertain.

2021 ◽  
Author(s):  
stevania vorensia wijaya
Keyword(s):  
Corporate Governance ◽  
Global Economy ◽  
Doing Business ◽  
Good Corporate Governance ◽  
Ease Of Doing Business

In 2018, various efforts were made to increase the ease of doing business in Indonesia.

scholarly journals Editorial: A geo-context of corporate governance and law scholarly research

2020 ◽  
Vol 2 (2) ◽  
pp. 4-6
Author(s):  
Roberto Moro Visconti
Keyword(s):  
Corporate Governance ◽  
Corporate Law ◽  
Fine Tuning ◽  
Common Denominator ◽  
Scholarly Research ◽  
Post Colonial ◽  
International Scope

This new issue contains four contributions that geographically extend from Tunisia to Germany, China, and post-colonial countries like Kenya and Uganda. This witnesses the international scope of corporate law and governance and its scalable worldwide applicability, eased by local fine tuning. In spite of this geographical common denominator, the papers evidence spicy differences in their research targets.

Pandemic Corporate Governance Approaches

2020 ◽  
pp. 64-76
Author(s):  
E.I. Zvorykina ◽  
A.L. Politov ◽  
Yu.V. Zvorykina
Keyword(s):  
Corporate Governance ◽  
Supply Chains ◽  
Global Economy ◽  
Digital Age ◽  
Significant Loss ◽  
Global Supply Chains ◽  
The World ◽  
The One ◽  
Tremendous Impact ◽  
Epidemiological Situation

The COVID-19 pandemic has had a tremendous impact on the business and global investment community. This pandemic differs from the previous ones in that it occurs in the digital age; the epidemiological situation around the world is recorded daily, this allows the one to model the forecasts quite accurately; most companies have the ability to continue working, but to organize it in a remote format. However, one of the devastating factors is that a pandemic destroys global supply chains, disrupts production and can lead to a significant loss of company revenue and adversely affect the global economy. The ability to adapt to these conditions, as well as the speed of this process are important factors for the survival of companies. Corporate governance plays an important role in this process. This article describes the main trends in the organization of corporate governance in a pandemic.

scholarly journals Monitoring AI progress for corporate governance

2020 ◽  
Vol 9 (1) ◽  
pp. 8-17
Author(s):  
Hugh Grove ◽  
Mac Clouse ◽  
Laura Schaffner ◽  
Tracy Xu
Keyword(s):  
Corporate Governance ◽  
Boards Of Directors ◽  
Global Economy ◽  
Research Question ◽  
Work Force ◽  
Quantum Computers ◽  
Main Research ◽  
Challenges And Opportunities ◽  
High Degree ◽  
Rapid Transformation

Artificial Intelligence technologies are predicted to contribute up to $16 trillion to the global economy by 2030. This rapid increase in AI development will have tremendous significance for all the major players for effective corporate governance and national leadership: boards of directors, owners, regulators, legislators, and the national public interest. While AI is believed to increase both the productivity and competitive advantage, it will lead to rapid transformation in the work force and evolve with a high degree of uncertainty. To facilitate the survival of public and other corporations and entities, all these major players should closely monitor the progress and pay attention to major trends in AI. The main research question of this paper is what are the key threats, challenges, and opportunities of AI. Major threats are the replacement of human activity with AI activity, which may not be able to be controlled by humans. Such control is a major challenge concerning AI as is the control and opportunity of human-AI partnerships. Digital dashboards and quantum computers are also part of all these challenges and opportunities. Accordingly, the paper studies the following AI topics currently being explored in the AI literature: key questions and issues for AI, monitoring trends in AI development, digital board audits for AI action plans, AI robotic process automation, and quantum computers with AI implications, AI progress assessment and conclusions.

scholarly journals Problems of Formation of Compliance in Russia

2020 ◽  
Vol 10 (2) ◽  
pp. 31-40
Author(s):  
I. I. Ordinartsev
Keyword(s):  
Corporate Governance ◽  
Global Economy ◽  
Banking Sector ◽  
International Markets ◽  
Regulatory Framework ◽  
International Standards ◽  
Corporate Executives ◽  
Good Corporate Governance ◽  
The Usa ◽  
Domestic Companies

The integration of Russian companies in the global economy requires compliance with the requirements of good corporate governance. There are included but not limited the compliance with established anti-corruption laws, norms and rules. Such mechanisms are developing quite intensively in Russia: the legal foundations are studied, the components of the compliance system are identified. The compliance is most widely developed in the banking sector and medicine. There are required procedures implemented poorly in domestic corporations due to the lack of mandatory legislative requirements. Domestic companies operating in international markets are guided by the laws of the respective countries, mainly the USA, Great Britain and France. Unified requirements for systems and mechanisms for verifying compliance with current standards are not developed in domestic practice, which contributes to a different interpretation of the existing provisions of the Central Bank and international rules. The study goal is to identify priority areas for the compliance development in Russia, bringing the domestic regulatory framework closer to world practice. The paper shows that Russian corporations use a large number of internal regulatory documents in their practice, many of which differ mainly by their names. Direct adherence to international standards is not possible due to differences in the requirements of domestic and foreign legislation. To accelerate the adaptation of domestic companies to the world practice of good corporate governance, it is necessary to develop national formats, the structure of a compliance system and a list of basic internal paperworks. There are shown the importance and development directions of the Russian national regulatory framework. These research materials may be useful to corporate governance specialists, reactionaries, and corporate executives.

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