Executives’ Connections to Directors and Internal Governance

2020 ◽  
Author(s):  
Anahit Mkrtchyan ◽  
Udi Hoitash
Keyword(s):  

CFA Digest ◽  
2011 ◽  
Vol 41 (4) ◽  
pp. 23-25
Author(s):  
Lee M. Dunham
Keyword(s):  






2014 ◽  
Vol 926-930 ◽  
pp. 4369-4372
Author(s):  
Li Ta ◽  
Lian Long Wang ◽  
Hui Gao

Carbon emissions from energy consumption of commerce in Qinhuangdao are calculated from year 2001 to 2010, which show a growing tendency from total amounts and intensity. The limited factors of low-carbonization of commerce in Qinhuangdao are analyzed and the corresponding advices of low-carbonization of commerce are raised. Commercial enterprise enterprise should actively take internal governance, control the carbon emission of commercial buildings and properly select suppliers. The government should play a leading role and provide a good external environment for low carbon commercial development, which includes reasonably planning business industrial and commercial network layout, guide the use and development of the low-carbon techniques in commercial field, establishing special funds of low carbon business development to support the medium and small business enterprises, and strengthening the guide of low-carbon consumption.



SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110326
Author(s):  
Ajay K. Singal

This study investigates the corporate social responsibility (CSR) discourse on community and environment by Indian metal and mining (extractive) sector. Specifically, we examine the change in internal governance and external implementation mechanisms in response to affirmative CSR policy actions. Applying text network analysis technique on CSR related expenditures provided in the annual reports and CSR annexures (2014–2018), our study reveals that CSR discourse of extractive firms improved significantly and became more focused after the introduction of post-affirmative policy. CSR initiatives in the extractive sector are primarily focused toward local social development, with little emphasis on the environmental sustainability. Furthermore, companies have adopted two-tier governance structures for managing CSR. The top tier comprises board members who formulate the CSR programs, while the second tier has executives responsible for the implementation. Another tier of governance involving local domain experts is emerging. The three-tier implementation mechanisms give firms a tighter control on spending and enhance the effectiveness of initiatives. We present the results visually in the form of network graphs.





Author(s):  
Zhengjie Gao ◽  
Dayi He ◽  
Shuaifang Niu

Enterprise environmental performance has causal complexity. The purpose of this paper is to discover the possible combination of conditions for enterprises to achieve high environmental performance. Based on the resource dependence theory, stakeholder theory, and externality theory, this paper constructs the theoretical framework of enterprise environmental performance evaluation and applies the fsQCA method to study the major influencing factors and mechanism of the environmental performance of listed enterprises in the Chinese mining industry. Based on the data from 2016 to 2019, the results show that there are four configurations of multiple factors leading to high environmental performance. Based on these configurations, three possible paths, internally driven, internally–externally driven, and externally driven, are established to improve environmental performance. Further, we also find that, between profitability and government regulation and between enterprise size and board independence are interchangeable condition variables; public attention outweighs other factors for Chinese mining enterprises. Countermeasures and suggestions from perspectives of government supervision, public concern, and enterprise internal governance are proposed at the end the study.



2014 ◽  
Vol 5 (1/2) ◽  
pp. 83 ◽  
Author(s):  
Samira Lehlou ◽  
Imen Tebourbi ◽  
Lobna Bouslimi


2021 ◽  
pp. 0148558X2098738
Author(s):  
Jongmoo Jay Choi ◽  
Yuanzhi Li ◽  
Oded Shenkar ◽  
Jian Zhang

This article examines whether internal governance in the form of managerial dissent between the CEO and subordinate executives reduces fraud likelihood. We model fraud as a rational decision in a cost–benefit framework and a collective activity by all executives. The model predicts a negative relation between dissent and fraud occurrence. We use three measures for higher dissent: a larger fraction of subordinates having joined the firm prior to the CEO, a lower CEO pay slice, and a smaller difference in pay performance sensitivity between the two; and find supporting evidence. We address endogeneity concerns by including firm-fixed effects, constructing a propensity score–matched sample, and conducting instrument variable analysis. We also find that fraud duration is negatively related to dissent.



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