scholarly journals An Endless Endeavor: The Evolution and Challenges of Multi-Level Coastal Governance in the Global South

2021 ◽  
Vol 13 (18) ◽  
pp. 10413
Author(s):  
Leandra R. Gonçalves ◽  
Leopoldo C. Gerhardinger ◽  
Marcus Polette ◽  
Alexander Turra
Keyword(s):  
Structural Changes ◽  
Resistance To Change ◽  
Global South ◽  
Institutional Entrepreneurship ◽  
Governance System ◽  
Coastal Governance ◽  
Governance Systems ◽  
Governance Process ◽  
Alternative Scenarios ◽  
Governance Processes

We used Brazil as a Global South case study to analyze the evolution of the coastal governance in a young and still unstable democracy. Based on twenty-five years of documentation related to a federal-level actor interaction hub named Coastal Management Integration Group (GIGERCO) we explored the opportunity context for the transformation of the Brazilian coastal governance system using a Theory of Transformative Agency to identify five periods of evolution. The coastal governance system shifted from an exploitation to a conservation phase (periods 1 to 3), where an increasing number of actors were getting to know the system and each other’s interests turned into a moment of higher stability and resistance to change. The mobilization of social capital and higher heterogeneity of actors allowed novel strategies to emerge, generating opportunities for structural changes from a conservation towards a release phase (period 4). We argue that the recent political changes in Brazil caused a rupture in such a flourishing coastal governance process (period 5), which is now at a critical juncture that may unfold into one of three envisioned alternative scenarios: conservative regime, a new integrated and ecosystem-based regime, or a remanent of past regime properties. Our paper informs coastal governance processes across the world, highlighting the dynamic nature of the interplay between alternative institutional entrepreneurship strategies, opportunity contexts, and innovations in governance systems.

The challenges of an integrated governance process in healthcare

2015 ◽  
Vol 20 (2) ◽  
pp. 74-81 ◽  
Author(s):  
Lori Delaney
Keyword(s):  
Service Delivery ◽  
Healthcare System ◽  
Service Provision ◽  
Design Methodology ◽  
Delivery Of Healthcare ◽  
Content Type ◽  
System Failures ◽  
Governance Systems ◽  
Governance Process ◽  
Governance Processes

Purpose – Dysfunctional governance processes have contributed to catastrophic healthcare system failures due to discordance between clinical and corporate governance processes. The emergence of an integrated governance approach endeavours to overcome the traditional boundaries between corporate and clinical governance systems, to enhance understanding and transparency in the organisations approach to service provision. The purpose of this paper is to discusses the attributes of an integrated governance approach and its contribution to enhancing service delivery. Design/methodology/approach – The paper provides an overview of the governance approaches and the emergence of integrated governance to improve overall service delivery. Findings – An integrated governance approach erodes the traditional boundaries that exist within the complex healthcare system. This allows for a greater understanding of healthcare strategies and organisational objectives, and the dissemination of these throughout the organisation. Further, enhancing awareness within the clinical setting of the core attributes of the organisation and for the upper echelons of management to have a greater understanding of the clinical issues. Integrated governance acknowledges the contribution of all stakeholders including consumers in safe guarding the delivery of healthcare and its standards. Originality/value – This paper contributes to the discussion and debate regarding governance approaches and how these are situated in enhancing organisational performance.

scholarly journals Corporate governance: Understanding important contingencies

2005 ◽  
Vol 2 (4) ◽  
pp. 41-50 ◽  
Author(s):  
Morten Huse
Keyword(s):  
Corporate Governance ◽  
Transition Economies ◽  
Board Members ◽  
Contextual Variables ◽  
Governance System ◽  
The Core ◽  
Governance Systems ◽  
Governance Process ◽  
External Actors ◽  
Made In

The objective of this paper is to explore important contingencies for boards and governance designs. The paper is made in a setting where governance in SMEs in transition economies is to be developed, and knowledge from advanced market economies constitutes the framework to be built on. The core of the paper is the presentation of six groups of important contextual variables that must be analyzed and understood when corporate governance systems shall be developed. The framework presented in the paper includes understanding the perspectives of both internal and external actors in the corporate governance process, and that the design of a governance system will include issues related the board working style as well as thee board members.

Power Dynamics and Corporate Power in Governance Processes: Evidence From U.S. Environmental Governance Systems

2021 ◽  
pp. 027507402110552
Author(s):  
Yuhao Ba
Keyword(s):  
Fuel Economy ◽  
Environmental Governance ◽  
Power Dynamics ◽  
Governance System ◽  
Corporate Power ◽  
Business Interests ◽  
Social Ecological Systems ◽  
Governance Systems ◽  
Governance Processes ◽  
Corporate Business

Prior research has documented involvement of government and civil society actors in governance processes, but has largely neglected a key player: corporate business interests. Combining insights from social-ecological systems, organizational systems theory, theories of governance and power, interest group rule-making participation, and non-state alternative environmental governance, we examine corporate involvement and power in environmental governance systems. Drawing on a sample of Twitter messages about fuel economy standards, posted between 2012 and 2020, we offer a sector-level discourse analysis of corporate power and its interaction with the sociopolitical environment. The results suggest that business interests are gaining increasing power in the participation arena of U.S. fuel economy governance processes. The results likewise indicate corporations’ response to a changing political landscape in the U.S. Taken together, our analysis advances current scholarship on power dynamics in governance processes and on empirical assessment of power, offering implications for governance system design and implementation.

scholarly journals Editorial: New challenges and opportunities in corporate governance

2018 ◽  
Vol 2 (2) ◽  
pp. 4-5 ◽  
Author(s):  
Nicola Cucari
Keyword(s):  
Corporate Governance ◽  
Organizational Behavior ◽  
Point Of View ◽  
Key Stakeholders ◽  
Governance Systems ◽  
Sustainable Value ◽  
Challenges And Opportunities ◽  
Governance Process ◽  
New Challenges ◽  
Governance Processes

Corporate governance is “one of the most interesting, exciting and potentially dangerous disciplines” (Clarke, 2014) and, moving through different eras, new challenges are faced (Kostyuk et al., 2017) and new theoretical and methodological answers are necessary (Ananchotikul et al., 2009; Bebchuk et al., 2009; Boubaker et al., 2014; Kostyuk, 2003; Kostyuk et al., 2016; Kostyuk et al., 2014; Meier et al., 2013; Colbert et al., 2007; Dorata et al., 2008). Thus, in line with the aim of “Corporate Governance and Organizational Behavior Review”, it is important to deal with the governance issues not just in a strict approach of theories, instruments and policies, but also from the point of view of how shareholders, managers, employees, directors and other key stakeholders are engaged in the governance process and how their behavior influences the governance processes. The question arises if the actual boards are able to create a sustainable value for all actors involved and for society. This editorial seeks to highlight some of the challenges and opportunities within corporate governance research to further contribute to the development of effective corporate governance systems.

scholarly journals The Governance System of Industrial Policy in the Era of Growth in Korea from the Perspective of State-Society Relations

2014 ◽  
Vol 29 (3) ◽  
pp. 1-30
Author(s):  
Eom Seok Jin ◽  
Bae Kwan Pyo
Keyword(s):  
Industrial Policy ◽  
Driving Forces ◽  
Sources Of Information ◽  
Governance System ◽  
Public And Private ◽  
The Public ◽  
Governance Process ◽  
The Government ◽  
Private Actors ◽  
Governance Processes

In this study, the authors examine the governance system of industrial policy in the era of economic growth in Korea from the perspective of statesociety relations. Specifically, we consider the public and private actors who engaged in governance processes related to industrial policy and their interactions, as well as the formal and informal institutions that constrained the actors. As a principal actor, the government established the effective and efficient institutions in each stage of the governance process. These institutions not only enhanced the industrial policy capacity of the government but also created an environment that permitted various stakeholders in private sector to be involved in the governance system. The private actors in the governance process, in turn, became major sources of information and driving forces of industrial promotion.

scholarly journals Conceptual framework for increasing legitimacy and trust of sustainability governance

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Inge Stupak ◽  
Maha Mansoor ◽  
C. Tattersall Smith
Keyword(s):  
Good Governance ◽  
Policy Recommendations ◽  
Economic Activities ◽  
Governance System ◽  
Governance Model ◽  
Governance Systems ◽  
Sustainability Governance ◽  
Sustainable Societies ◽  
Key Terms

AbstractWhile the quantity of sustainability governance initiatives and systems has increased dramatically, crises persist over whether specific governance systems can be trusted as legitimate regulators of the sustainability of economic activities. This paper focuses on conceptual tools to improve our understanding of these crises as well as the facilitating factors and barriers for sustainability governance to play a role in transitioning to profoundly more sustainable societies than those that currently exist. Bioenergy is used throughout the paper as an example to aid contextually in understanding the theoretical and abstract arguments. We first define eight premises upon which our argumentation is developed. We then define sustainability, sustainability transition, legitimacy, and trust as a premise for obtaining effectiveness in communication and minimising risks associated with misunderstanding key terms. We proceed to examine the literature on “good governance” in order to reflect upon what defines "good sustainability governance" and what makes governance systems successful in achieving their goals. We propose input, output, and throughput legitimacy as three principles constituting “good” sustainability governance and propose associated open-ended criteria as a basis for developing operational standards for assessing the quality of a sustainability governance system or complex. As sustainability governance systems must develop to remain relevant, we also suggest an adaptive governance model, where continuous re-evaluation of the sustainability governance system design supports the system in remaining “good” in conditions that are complex and dynamic. Finally, we pull from the literature in a broad range of sciences to propose a conceptual “governance research framework” that aims to facilitate an integrated understanding of how the design of sustainability governance systems influences the legitimacy and trust granted to them by relevant actors. The framework is intended to enhance the adaptive features of sustainability governance systems so as to allow the identification of the causes of existing and emerging sustainability governance crises and finding solutions to them. Knowledge generated from its use may form a basis for providing policy recommendations on how to practically solve complex legitimacy and trust crises related to sustainability governance.

scholarly journals COMPLIANCE OF CORPORATE GOVERNANCE IN BOSNIA AND HERZEGOVINA WITH EUROPEAN UNION STANDARDS

2018 ◽  
pp. 340-355
Keyword(s):  
European Union ◽  
Corporate Governance ◽  
Bosnia And Herzegovina ◽  
Legal Framework ◽  
Regulatory Framework ◽  
Quality Level ◽  
The European Union ◽  
Governance System ◽  
Governance Systems ◽  
Principles And Standards

Corporate governance provides an answer to the question who controls the corporation and how. It involves a set of relationships between management, shareholders and stakeholders. Corporate governance in Bosnia and Herzegovina is within the legal jurisdiction of entities, and consequently there are two substantially aligned and yet completely distinct corporate governance systems, which separates Bosnia and Herzegovina as a state in the international environment into a specific category in terms of corporate governance. This paper will analyze ownership concentration in order to identify the characteristics of the corporate governance systems, then it will present the principles on which the legal framework for corporate governance in Bosnia and Herzegovina is defined, compare the business transparency standards with the transparency directive in the EU, and measure the quality level of corporate governance in order to define key areas for improvement of corporate governance in Bosnia and Herzegovina. The development and characteristics of the corporate governance systems in Bosnia and Herzegovina will be explored and compared with the regulatory framework and standards of corporate governance in the European Union. Special emphasis is on comparing the transparency principles and standards of corporations in Bosnia and Herzegovina with corporations in the European Union. The aim of the research is to compare the regulatory framework and characteristics of the corporate governance system in corporations in Bosnia and Herzegovina with the standards in the European Union, to identify similarities and differences and to define key areas for improvement of corporate governance in Bosnia and Herzegovina.

scholarly journals An analysis of Cobit 5 as a framework for the implementation of it governance with reference to King III

2016 ◽  
Vol 6 (1) ◽  
pp. 20-34
Author(s):  
Lesego Maseko ◽  
Ben Marx
Keyword(s):  
Human Resources ◽  
Financial Planning ◽  
It Governance ◽  
Practical Implementation ◽  
Effective Implementation ◽  
Governance Process ◽  
Technical Issues ◽  
Recommended Practices ◽  
Board Level ◽  
Governance Processes

Owing to the complexity and general lack of understanding of information technology (“IT”), the management of IT is often treated as a separately managed value-providing asset. This has resulted in IT rarely receiving the necessary attention of the board, thus creating a disconnect between the board and IT. The King Code of Governance for South Africa 2009 (hereafter referred to as “King III”) provides principles and recommended practices for effective IT governance in order to create a greater awareness at board level. King III, however, provides no detailed guidance with regard to the practical implementation of these principles and practices. It is worth noting that numerous international guidelines are recommended within King III that can be adopted as frameworks to assist in the effective implementation of IT governance. COBIT 5 provides, as part of its governance process practices, related guidance activities linking it to the seven IT governance principles of King III, thus making it a practical framework for the implementation of King III recommendations. This study sought to establish the extent to which the governance processes, practices and activities of COBIT 5 are mapped to the recommended practices of IT governance as highlighted in King III in order to resolve COBIT 5 as the de facto framework for IT governance in terms of King III. The study found that though King III principles and practices may be interpreted as vague with regard to how to implement IT governance principles, COBIT 5 succeeds in bridging the gap between control requirements, technical issues, information systems and business risk, which consequently results in a better facilitation of IT governance. The study also revealed that COBIT 5 contains additional activities to assist the board in more transparent reporting of IT performance and conformance management to stakeholders as well activities which enable the connection of resource management with human resources and financial planning.

Governing Migration Beyond the State

2021 ◽  
Author(s):  
Andrew Geddes
Keyword(s):  
South America ◽  
Lived Experiences ◽  
Significant Variation ◽  
Black Box ◽  
Global Politics ◽  
Global Migration ◽  
Governance Systems ◽  
America South ◽  
Laws And Policies ◽  
Governance Processes

International migration has become a salient concern in global politics, but there is also significant variation in governance responses. By focusing on four key world regions—Europe, North America, South America, and Southeast Asia—this book explores the underlying factors that shape governance responses. Rather than focusing on the more visible outputs or outcomes of governance processes such as laws and policies, this book opens the ‘black box’ of migration governance to reveal how understandings and representations of the causes and effects of migration held by key governance actors in these four regions have powerful effects not only on governance outcomes but more broadly on the prospects for global migration governance. By doing so, the book shows how migration governance systems, through their operation and effects, can shape migration—in its various forms—and the lived experiences of migrants.

The effect of borrower country financial system and corporate governance system types on the spread of syndicated loans

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nuno Moutinho ◽  
Carlos Francisco Alves ◽  
Francisco Martins
Keyword(s):  
Corporate Governance ◽  
Governance System ◽  
Financial Systems ◽  
Content Type ◽  
Financial Firms ◽  
Governance Systems ◽  
Corporate Governance System ◽  
Lower Interest Rate ◽  
Loan Spreads ◽  
The Cost

Purpose This study aims to analyse the effect of borrower’s countries on syndicated loan spreads, featuring countries according to institutional factors, namely, financial systems and corporate governance systems. Design/methodology/approach This study is an empirical investigation based on a unique sample of more than 85,000 syndicated loans from 122 countries. The paper uses standard and two-stage least squares regression analysis to test whether the types of financial and corporate governance systems affect loan spreads. Findings The paper finds that borrowers from countries with financial systems oriented towards the banking-based paradigm pay lower interest rate spreads than those from countries with financial systems oriented towards the market-based paradigm. In addition, there is evidence that borrowers from countries with more developed financial systems pay lower spreads. The results also show that borrowers from countries with an Anglo-Saxon governance system pay higher spreads than borrowers from countries with a Continental governance system. Research limitations/implications This study does not consider potential promiscuous relationships that can arise at the ownership structure and governance level between banks and borrowers and may affect loan spreads. Practical implications This study suggests that financial and corporate governance systems are essential factors in the financial intermediation process. Furthermore, the evidence indicates that corporates with higher potential agency costs and higher potential information asymmetry are requested to pay higher spreads. Therefore, the opportunities to such corporates invest optimally tend to be scarcer. Originality/value The paper highlights the impact of institutional factors on the cost of financing, characterising the countries according to the type of financial system and the type of corporate governance system. The study finds that borrowers from countries with bank-based financial systems pay lower interest rate spreads than those from countries with market-based financial systems. The paper also highlights how the level of financial development affects the cost of financing. The paper focusses on non-financial firms, unlike financial firms, which have been the focus of several empirical studies on topics relating to the cost of funding and corporate governance.

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