scholarly journals Analysing the levels of uniformity in corporate governance practices – Case study of five air lines companies

2015 ◽  
Vol 12 (2) ◽  
pp. 37-51
Author(s):  
Jayalakshmy Ramachandran
Keyword(s):  
Corporate Governance ◽  
Best Practices ◽  
Airline Industry ◽  
Economic Freedom ◽  
Heritage Foundation ◽  
Whistle Blowing ◽  
Governance Practices

This report provides the analysis of Corporate Governance in Airline Industry of five different countries that are listed on 2013 Index of Economic Freedom provided by the Heritage foundation. The aim of this report is to analyse and discuss the inadequacies in corporate governance practices for the five sample companies chosen. We also analyse the whistle blowing practices adopted and disclosed by the companies. Our analysis reveals that, though there is guidance for best practices of corporate governance, it is difficult to accentuate a single company possessing best governance practices. At the same time while whistle blowing practices are emphasized by stakeholders, our analysis of the five companies reveal that either the companies don’t have a strong whistle blowing policy or they don’t make it transparent to the stakeholders. Our contribution is therefore quite significant as we recommend that strong whistle blowing practices , if made transparent and if motivated to practice, could dilute the effect of not having best corporate governance practices

IT Governance in Romania: A Case Study

2009 ◽  
Vol 9 (1) ◽  
pp. 1850158 ◽  
Author(s):  
Mirela Gheorghe ◽  
Pavel Nastase ◽  
Dana Boldeanu ◽  
Aleca Ofelia
Keyword(s):  
Best Practices ◽  
Financial Institutions ◽  
It Governance ◽  
Status Report ◽  
Policies And Procedures ◽  
Governance Practices ◽  
Global Status ◽  
Using Data ◽  
And Control

Relatively new in Romania, IT governance is defined as procedures and policies established in order to assure that the IT system of an organization sustains its goals and strategies. This bundle of policies and procedures, following the best practices in the area, intends to guide and control the IT function in order to add value to the organization and to minimize IT risks. The purpose of the research is to identify the measure in which the IT governance practices are implemented to the level of the financial institutions in Romania. The goal of this paper is a comparative analysis for implementing IT governance using data offered by the IT Governance Institute. This institute makes every year a study (IT Governance Global Status Report – 2006) to determine a sense of priorities and to develop actions for implementing IT governance, using data which acknowledges once more the need for all organizations to have tools and services to assure an efficient IT governance. In this way, the research will analyze, in the field of Romanian financial institutions, the most serious IT problems pointed out by the respondents from the last year, the most efficient measures considered by top management for resolving problems pointed out, the best used practices in IT governance and the most used frameworks for implementing IT governance practices.

Governance Practices and CEO Hubris

2021 ◽  
pp. 161-182
Author(s):  
Paola Ferretti ◽  
Cristina Gonnella
Keyword(s):  
Decision Making ◽  
Corporate Governance ◽  
Internal Control ◽  
Financial Distress ◽  
Good Governance ◽  
Power Dynamics ◽  
Control Mechanisms ◽  
Managerial Entrenchment ◽  
Governance Practices

This chapter analyzes the connection between CEO hubris and corporate governance contingencies, including a case study of an Italian bank for which the state of financial distress shall be linkable also to bad governance. The main objective is to verify whether, in presence of hubristic CEO, the internal control mechanisms, set to ensure the board vigilance and limit the overconfidence of the leader, are implemented, and if so, whether such mechanisms, even when formally respected, may be not so appropriate to guarantee a good governance. Particularly, the existence of a CEO hubris could neutralize their positive expected balancing effects on the power dynamics between CEO and board, such as to give prevalence to substance over form. Therefore, it may occur that some governance mechanisms (e.g., independence, non-duality), even if formally implemented, are unable to stem the managerial entrenchment of the CEO, who succeeds in enhancing immoderately his substantial power in the decision-making process.

Corporate governance in Kenya's public universities

2014 ◽  
Vol 6 (2) ◽  
pp. 342-357 ◽  
Author(s):  
Benjamin Mwanzia Mulili
Keyword(s):  
Corporate Governance ◽  
Public Universities ◽  
Qualitative Data ◽  
Resistance To Change ◽  
Government Support ◽  
Content Type ◽  
Governance Practices ◽  
Sub Saharan ◽  
Practical Implications

Purpose – The purpose of this paper is to explore the corporate governance practices adopted by public universities in Kenya, itself a developing country. Corporate governance practices in Africa, especially the sub-Saharan part, are weak and limited research has been done in this area. Design/methodology/approach – The researcher adopted the realism paradigm and relied on qualitative data obtained from five case study organizations. A total of 15 informants were interviewed. The data were recorded, transcribed and subjected to content analysis using the NVIVO software. Findings – The researcher established that the governance of the said institutions is constrained by numerous challenges that include, among many others, large student numbers, overstretched facilities, insufficient government support, inadequate induction of new staff, resistance to change and cultures that support impunity on the part of some non-performing employees. Practical implications – This research recommends several strategies that can be used to improve the governance of the said institutions and, by extension, that of similar institutions in developing countries. Originality/value – The study provides empirical evidence to support the proposition that different corporate governance theories, such as the stakeholders theory, political theory and resource dependency theory, can be used simultaneously by the same firm. On this basis, the research suggests the adoption of a combined theory of corporate governance.

Internationalization and governance of Indian family-owned business groups

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Subramanian Shanmugasundaram
Keyword(s):  
Corporate Governance ◽  
Business Groups ◽  
Research Work ◽  
Comparative Case Study ◽  
Future Research ◽  
Case Study Method ◽  
Content Type ◽  
Governance Practices ◽  
The Relationship

Purpose The purpose of this paper is to study the relationship between corporate governance practices and internationalization through foreign direct investments in the context of family-owned business groups in India. Design/methodology/approach The comparative case study method is used to understand the relationship between corporate governance practices and internationalization using four family-owned business groups in India. Findings The ownership concentration negatively influences the internationalization, while transparency has a positive association. Professionalization of management helps in internationalization. Overall, good corporate governance practices have a positive influence on group internationalization. Research limitations/implications This paper provides detailed discussions based on the case study research which would help the future research work on the relationship between corporate governance practices and internationalization. Originality/value The existing literature studies in this field in the context of emerging markets are inconclusive. Hence, this paper uses the case study method to understand the relationship better.

scholarly journals The Review of using Unified BPM Cycle for Public Credit Recovery Activites

2020 ◽  
pp. 13-20
Author(s):  
Nipuni Sashanka Perera
Keyword(s):  
Corporate Governance ◽  
Business Process ◽  
Process Management ◽  
Credit Recovery ◽  
Public Sector Organization ◽  
Public Credit ◽  
Governance Practices ◽  
Operational Activities ◽  
Operational Excellence

Business Process Management (BPM) is a combination of Information Technology and management science, which applies to improve business process in order to improve operational excellence and business performances [1] leading to process automation. This review article based is on a case study in application of business governance in public sector organization, which was conducted by Abimael R. Do Nascimento, Roquemar de Lima Baldam, Lourenço Costa and Thalmo de Paiva Coelho Junior in 2018. The article analyzes the implementation of unified BPM in operational activities in a federal public advocacy body with evaluating corporate governance practices of the process. The study used mix method approach to gather data and to analyze them. Findings revealed the requirement of corporate governance practices, prioritizing BMP and auditing process.

scholarly journals Challenges to corporate governance practices: Case study of Libyan commercial banks

2017 ◽  
Vol 1 (1) ◽  
pp. 33-41 ◽  
Author(s):  
Hashem Iswaissi ◽  
Kazem Falahati
Keyword(s):  
Corporate Governance ◽  
Central Bank ◽  
Case Studies ◽  
Commercial Banks ◽  
Qualitative Approach ◽  
The Political ◽  
Structured Interviews ◽  
Research Knowledge ◽  
Governance Practices

The purpose of this study is to investigate corporate governance (CG) practices in Libyan Commercial Banks (LCBs) in order to find out any essential challenges that are associated with the process of adopting CG in the LCBs which became mandatory implementation in late 2010 in Libya. This study adopts a qualitative approach by conducting semi-structured interviews to collect the required data within the framework of stakeholder and new institutional theories of CG. Five LCBs are selected as units of case studies, as well as Central Bank of Libya (CBL). The results of the findings reveal that the implementation of CG code 2010 at LCBs is still in the early stages. The weakness of supervision and absence of training, as well as a lack of knowledge and political instability; are the main challenges to LCBs in complying with good CG practices and overcoming the problems of the political economics of CG. The outcome of this study will contribute to research knowledge on CG, especially in Libyan banks, by using stakeholder and new institutional theories as a theoretical framework.

scholarly journals Corporate governance practices in Europe: A descriptive study.

2016 ◽  
Vol 13 (2) ◽  
pp. 238-249 ◽  
Author(s):  
Eldi Metushi ◽  
Jackie Di Vito ◽  
Andrea Fradeani
Keyword(s):  
Corporate Governance ◽  
Best Practices ◽  
Practice Guidelines ◽  
Best Practice ◽  
National Guidelines ◽  
Firm Level ◽  
Best Practice Guidelines ◽  
Corporate Governance Codes ◽  
Level Statistics ◽  
Governance Practices

Our study examines corporate governance practices in Europe according to the best practice guidelines of 17 countries. We particularly focus on the independence criteria of Board members. Doing so, we wish to understand how these best practices are enforced in the actual corporate governance guidelines in each country. To better define the independence criteria, which is very different among European countries, we develop our own measure of independence, taking into account the strictest criteria of independence recommended in the corporate governance codes of the studied countries. Then, we gather firm-level statistics on a sample of 463 European firms to understand whether the best practice guidelines are actually enforced by these firms. Hence, we contribute to the existent literature by presenting descriptive statistics on the compliance of European firms to their national guidelines. Our findings show that most European firms tend to comply with their local best practice guidelines of corporate governance. We also document a high compliance of our European sample-firm with the Anglo - Saxon best practices of corporate governance.

scholarly journals Corporate governance practices and the pandemic crisis: UK evidence

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sheeja Sivaprasad ◽  
Sudha Mathew
Keyword(s):  
Corporate Governance ◽  
Content Analysis ◽  
External Information ◽  
Case Study Approach ◽  
Content Type ◽  
Study Approach ◽  
Governance Practices ◽  
The Impact ◽  
Practical Implications

Purpose This paper aims to investigate the impact of the COVID-19 pandemic on the corporate governance practices in the UK. The authors adopt a case study approach and use content analysis, using internal and external media releases as well as annual reports to analyse the impact of the pandemic on governance practices. Design/methodology/approach The research design is qualitative in nature and adopts a case study approach. HSBC, an international bank, is used as the case study and a content analysis of internal and external information released after the COVID-19 outbreak is used. Themes arising from the analysis are discussed and recommendations are made. Findings Results from the thematic analysis show that firms must be resilient in difficult times, follow sustainable practices and are attentive to the well-being of their employees. Firms must address the adequacy of IT Infrastructure and assess the IT related risks during these times. Practical implications The pandemic crisis triggered unprecedented changes in the manner the firms are governed and managed. The recommendations made by the study have practical implications for firms who can adopt them to be make the business resilient and sustainable. Originality/value To the best of the authors’ knowledge, this is the first study to explore the impact of the pandemic and analyse firms’ responses to the crisis in the corporate governance context. This study contributes to the corporate governance literature by providing insights of the impact of the COVID-19 pandemic.

Role of Leadership and Corporate Governance: The Case of Tata Group and Infosys

2018 ◽  
Vol 7 (4) ◽  
pp. 252-272
Author(s):  
Arvind Babu M. C. ◽  
Satyanarayana Rentala
Keyword(s):  
Corporate Governance ◽  
Leadership Styles ◽  
Multinational Corporations ◽  
Corporate Image ◽  
Attrition Rate ◽  
Bottom Level ◽  
Long Period ◽  
Governance Practices

Is your job secured? Do layoffs happen? How long do you plan to work in the same organization? How is your performance rated? These are the set of typical questions asked to bottom-level employees working in multinational corporations. Possibly, gone are the days when an employee used to engage with a firm for a long period of their career. Attrition rate is becoming higher in many firms due to endless reasons. But how far do such trends apply to top-level or C-suite employees? Are they equally impacted such as middle- and bottom-level employees in various circumstances or taken care well by founders and boards of the organization? In this case study, an attempt was made to see if we can get some answers to these questions by considering the recent issues that happened in Tata Group and Infosys during recent times. Expulsion of Cyrus Mistry from Tata Group in 2016 and Infosys 2017 saga rocked the Indian corporate image worldwide and raised issues concerning corporate governance practices. The journeys of an insider chairman of a conglomerate and a technocrat CEO were cut short by two business tycoons Ratan Tata and Narayana Murthy in a much unexpected manner which brought a bad reputation to them. It raises issues regarding leadership styles and roles in such business empires. Transparency, accountability and security are the three pillars of corporate governance, which seem to have failed in these two organizations. It also raises a serious question of credibility, integrity and business ethics of leaders in handling these two issues with the verbal criticism which continued for days in public forum.

scholarly journals Corporate governance as motor of change of entrepreneurial culture

2006 ◽  
Vol 3 (4) ◽  
pp. 192-201
Author(s):  
Lázaro Rodríguez-Ariza ◽  
María Victoria López-Pérez ◽  
Arminda García Santana
Keyword(s):  
Corporate Governance ◽  
Best Practices ◽  
Cultural Change ◽  
Information Disclosure ◽  
Stock Exchange ◽  
Financial Indicators ◽  
Positive Effects ◽  
Good Corporate Governance ◽  
Governance Practices ◽  
The Empirical Analysis

Information disclosure on best practices should have positive effects on entrepreneurial performance. This paper attempts to study the deep cultural change occurring in firms. To achieve this, we analyze the effect of adopting good corporate governance practices on management. Thus, the objective of this research is to test whether significant differences in entrepreneurial efficiency exist between two groups of firms. One of these groups quotes on Dow Jones Global Index (DJGI) and has adopted good corporate governance practices. The other group is formed of firms which do not quoted on stock exchange and do not apply best practices. We selected a sample of 100 firms for the period 1998-2004 and analyzed some economical financial indicators usually used to measure entrepreneurial efficiency. We confirm the effect that the adoption of these practices has on economic-financial indicators. The empirical analysis supports the conclusion that differences in efficiency exist between firms that belong to the DJGI and disclose information concerning best practices and firms that do not quote on stock exchange and do not disclose this kind of information. We then study the sign of these differences and draw conclusions

Sign in / Sign up

Export Citation Format

Share Document