Perspectives on the governance quality of climate policymaking

Keyword(s):  
2020 ◽  
Vol 21 (1) ◽  
pp. 22-55
Author(s):  
Bartosz Czepil

The objective of this paper is an attempt to explain the determinants of the lowest governance quality level in one of the communes of the Opolskie Province, Poland. The first stage of the research consisted in developing a commune-level governance quality index in order to measure the quality of governance in the 60 communes of the Opolskie Province. Subsequently, the commune with the lowest score in the index was qualified for the second stage of the research which was based on the extreme case method. The major conclusion from the research is that the commune leader's governance style which allowed him to hold on to power for many terms of office was responsible for generating low governance quality. Furthermore, the low quality of governance was not only the effect of the governance style but also the strategy aimed at remaining in the commune leader office for many terms.


2019 ◽  
Vol 26 (2) ◽  
pp. 238-264
Author(s):  
Nam Hoai Tran ◽  
Chi Dat Le

Purpose The purpose of this paper is to thoroughly investigate the interplay between institutions, foreign direct investment (FDI) and entrepreneurship in the context of emerging markets (EMs). Design/methodology/approach The authors argue that the impact of FDI on entrepreneurial activity depends on different natures of capital flow and entrepreneurial motivation and relates to the quality of institutional environment. First, the roles of inward and outward FDI are examined in connection with the new firm creation by opportunity- and necessity-motivated entrepreneurs. Second, the integrated influences of (inward/outward) FDI and governance quality (GQ) on (opportunity/necessity) entrepreneurship are tested. This nexus of relationships is analyzed through segmented regressions using the GEM data of 39 EMs over the 2004–2015 period. Findings It is evidenced that the quality of governance infrastructure affects the relationship between FDI and entrepreneurship: in emerging countries with low GQ, opportunity entrepreneurship is stimulated by inward FDI and diminished by outward FDI; and in emerging countries with high GQ, necessity entrepreneurship is discouraged by inward FDI and promoted by outward FDI. Practical implications This research has implications for the institutional context-based execution of public policy in emerging economies. As the entrepreneurial effects of inward and outward FDI are pronounced differently under the two types of entrepreneurship and the two extremes of GQ, public policy makers who recognize the catalytic role of FDI in domestic business development should take the distinct institutional context of their country into consideration. Originality/value The paper contributes to the extant literature on international entrepreneurship in emerging economies by making a breakdown on the roles played by different types of FDI in the entrepreneurial activity, analyzing the mediating effects of GQ on the relationship between inward/outward FDI and entrepreneurship, and interpreting the capital and institutional determinants of entrepreneurship in terms of entrepreneurial motivations by opportunity and necessity.


2017 ◽  
Vol 16 (2) ◽  
pp. 183-212 ◽  
Author(s):  
Nikolai Genov

This paper aims at explaining changes in the conditions for individualization in ten central and eastern European (cee) countries after they have joined the European Union in 2004 and 2007. The expected changes had to follow the transfer of theeu’sacquis communautaireto theceeand the accompanying Europeanization understood as upgrading of governance. Indicators used in longitudinal studies are identified in order to test the assumption. Synchronic and diachronic comparison of outcomes of studies on the topic is carried out. The results don’t support the hypothesis about relevant changes in the conditions of individualization in theceecountries due to their Europeanization. The upgrading of governance quality affects the individualization in the old and neweumember states similarly. Declining quality of the conditions for individualization appears in both groups of countries with the same frequency and intensity too.


2006 ◽  
Vol 3 (3) ◽  
pp. 128-137 ◽  
Author(s):  
Alexander Bassen ◽  
Maik Kleinschmidt ◽  
Christine Zöllner

This article analyses the importance of corporate governance for growth companies, derives specific requirements for them and evaluates the corporate governance quality for companies listed on TecDax. Growth companies’ characteristics imply a comparatively high importance of corporate governance due to a high level of business and agency risk. Several corporate governance elements are therefore particularly important for growth companies. Overall, the empirical results imply a high conformity of the Tec-Dax companies with the GCGC criteria with some exceptions for specific companies and criteria. But the analysis of the quality of their supervisory boards delivers a differentiated result as in some of the analysed companies the effectiveness of the supervisory board is questionable.


2020 ◽  
Vol 10 (3) ◽  
pp. 34-49
Author(s):  
João Imaginário ◽  
Maria João Guedes

The continuous increase in debt ratios raises concerns in economic institutions concerning fiscal sustainability and its effect on the world economy. The empirical evidence has shown that both developed and developing countries have become highly indebted and fiscal deficits are not sustainable (Afonso, 2005) As such, the quality of institutions has an important role in debt accumulation (Presbitero, 2008) and fiscal stance is closely related to government institution quality as well as political and social stability (Woo, 2003). However, little attention has been devoted to the relationship between governance quality and government debt. This study examines whether the quality of governance relates to government debt. Using a sample of 164 countries for the period between 2002 and 2015, our results show that governance quality is negatively and statistically related to government debt. For low income countries evidence was found that a better governance environment is associated with lower public debt levels for low income countries, but not for high-income countries.


2016 ◽  
Vol 14 (1) ◽  
pp. 605-610
Author(s):  
Helena Isidro ◽  
Maria Manuela Martins ◽  
Ilídio Tomás Lopes

This research focuses on the relationship between the quality of financial reporting and the level of corporate governance of Brazilian firms, particularly between New Market and Traditional Market. We measure earnings quality based on a widely used accruals model. Governance quality is represented by the type of market the firms chooses to be listed in. Firms that opt for the New Market must apply more stringent governance principles. The empirical analysis shows evidence of a positive relationship between the quality of financial reporting and the level of corporate governance. Thus, firms listed on the New Market characterized by better governance practices evidence better quality financial reporting.


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