scholarly journals Corporate Governance, Risk Management and Compliance (GRC): The Crossroads Between Law Studies with International Relations and Diplomacy Studies Meeting Social Welfare

2021 ◽  
Vol 8 (1) ◽  
pp. 57-66
Author(s):  
Niedja de Andrade Silva Forte dos Santos ◽  
Keyword(s):  
Risk Management ◽  
Corporate Governance ◽  
International Relations ◽  
Social Welfare ◽  
Governance Risk

scholarly journals Corporate Governance, Risk Management, and Bank Performance: Does Type of Ownership Matter?

2021 ◽  
Vol 10 (03) ◽  
pp. 342-366
Author(s):  
Shayan Khan Kakar ◽  
Javed Ali ◽  
Muhammad Bilal ◽  
Yasmeen Tahira ◽  
Muhammad Tahir ◽  
...  
Keyword(s):  
Risk Management ◽  
Corporate Governance ◽  
Bank Performance ◽  
Governance Risk

scholarly journals Quality of Corporate Governance Risk Management in Dealing with Unanticipated Events: Evidence from Pakistan

2019 ◽  
Vol 8 (1) ◽  
pp. 1-24
Author(s):  
Rubeena Tashfeen ◽  
Saud Hayat ◽  
Afreen Mallik
Keyword(s):  
Risk Management ◽  
Corporate Governance ◽  
Stock Exchange ◽  
Governance Structure ◽  
Governance Structures ◽  
Governance Mechanisms ◽  
Market Dynamic ◽  
Average Abnormal Return ◽  
The Face ◽  
Governance Risk

This study examines the effectiveness of the corporate governance structure when coping with any potentially unexpected events. For the purpose of this research, an event study has been conducted in order to investigate the market responses of various firms through the Cumulative Average Abnormal Return (CAAR) of the stocks listed on the Pakistan Stock Exchange (PSX). The stocks data under consideration is that which was presented after the assassination of Benazir Bhutto in 2007. The overall results indicate that firms that are governed conventionally do not perform well in the markets during a crisis situation. In our comparison of conventionally, and non-conventionally governed firms, the overall pooled results show that the former record a lower CAAR. This, in short, indicates that conventional corporate governance structures may not be equipped to take timely and dynamic actions that are deemed necessary in the face of a crisis. Moreover, our results suggest that firms which have less diversified ownership, and governance mechanisms are less vulnerable to such unanticipated events. There are two reasons that support our hypotheses: first, strict governance mechanisms, and a resultant cautious/conservative approach may not allow firms to take timely and proactive decisions during these situations and second, there is a lower chance of existing agency problems, as family owners would be working for the protection of their own wealth during these events. Therefore, our findings ultimately reveal that the conventional corporate governance structures that work during normal time period, may become ineffective during a crisis. This study, aims to fill a gap in the literature in order to provide fresh insights into the stock market dynamic, and corporate governance risk management. Furthermore, it also highlights the benefits of family owned structures, and unconventional corporate governance systems, that may outperform conventional governance structure in some situations. This, however, raises the question whether one governance framework could be the correct fit in all the situations.

Corporate governance: Risk management starts at the top

Balance Sheet ◽  
2004 ◽  
Vol 12 (5) ◽  
pp. 42-47 ◽  
Author(s):  
Yen Y. Chong
Keyword(s):  
Risk Management ◽  
Corporate Governance ◽  
Governance Risk

scholarly journals Evaluation of corporate integrated reporting in South Africa post King III release South Africa: An exploratory enquiry

2013 ◽  
Vol 6 (2) ◽  
pp. 421-438 ◽  
Author(s):  
Theophilus S. Makiwane ◽  
Nirupa Padia
Keyword(s):  
South Africa ◽  
Risk Management ◽  
Corporate Governance ◽  
Financial Performance ◽  
South African ◽  
Listed Companies ◽  
Integrated Reporting ◽  
Management Processes ◽  
The Future ◽  
Governance Risk

Following the release of the King III report on Corporate Governance for South Africa, which became effective in March 2010, South African companies are expected to embrace the concept of integrated reporting in terms of which they are required to provide details of their strategies, corporate governance, risk management processes, financial performance and sustainability. More importantly, companies need to show how these components of integrated reporting are linked to one another so that stakeholders can make informed decisions about such companies’ current performance as well as their ability to create and sustain value in the future. The purpose of this study was to determine whether the level of reporting by South African listed companies has improved since the release of the King III report. It was subsequently found that there have been some progress in this regard, but there is still much room for improvement if the objectives of integrated reporting are to be fully met.

Corporate governance, risk management e responsabilitŕ sociale fra presente e futuro dell'attivitŕ di internal auditing

2011 ◽  
pp. 151-178
Author(s):  
Marco Allegrini ◽  
Giuseppe D'Onza
Keyword(s):  
Risk Management ◽  
Corporate Governance ◽  
Internal Auditing ◽  
Internal Auditor ◽  
Governance Risk

Negli studi piů recenti condotti sull'internal auditing si evidenzia come, in un numero via via maggiore di aziende, il raggio di azione di tale funzione tenda ad estendersi dalle tradizionali attivitŕ di compliance e di revisione gestionale alla verifica dei sistemi di corporate governance e di gestione dei rischi. Alcuni studiosi ritengono, inoltre, che nei prossimi anni, gli internal auditor saranno coinvolti con maggior frequenza nelle attivitŕ di verifica dei programmi di responsabilitŕ sociale. Il presente lavoro si propone di contribuire al dibattito in corso in ambito nazionale ed internazionale sugli scenari evolutivi dell'attivitŕ di IA. Partendo dai risultati di due ricerche empiriche condotte a livello mondiale, in questo articolo si analizzano i cambiamenti intervenuti nell'attivitŕ di internal auditing nel corso degli ultimi anni, esaminano le probabili tendenze evolutive ed evidenziano analogie e differenze che sussistono fra aree geografiche e settori di attivitŕ.

Sign in / Sign up

Export Citation Format

Share Document