management controls and corporate governance

... of standards that expand managerial discretion and highlight the importance of corporate boards in the monitoring of discretion allowed by such standards Trang 5To my mother, Necla Güler, and ... directors, and separation of CEO and Chair titles Trang 4Additionally, I find that during the period leading up to the SFAS 142 write-off, there have been more favorable changes in corporate governance ... strength of their corporate governance, as measured by percentage of outside directors, percentage of outside Trang 12directors’ ownership, number of busy directors, and separation of CEO and Chair titles

Ngày tải lên: 10/12/2016, 17:14

... Trang 1Corporate Governance• Corporate governance is: – The set of mechanisms used to manage relationships among stakeholders and to determine and control the strategic direction and performance ... assess the activities and decisions of managers. – However, dispersed shareholding makes it difficult and inefficient to monitor management’s behavior. Trang 7Agency Costs and Governance Mechanisms ... 24International Corporate Governance (cont’d)• Japan (cont’d) – Other governance characteristics: • Powerful government intervention • Close relationships between firms and government sectors • Passive and

Ngày tải lên: 15/12/2016, 13:41

... Difference and Corporate Governance Michael H Lubetsky* I GEERT HOFSTEDE AND THE MEASUREMENT OF CULTURAL V POLICY IMPLICATIONS: CONVERGENCE AND DEVELOPING The unmet challenge of the corporate governance ... comments, and to Robert M Yalden, whose international corporate and securities law course inspired this paper and helped bring it to fruition Gregory Jackson, Comparative Corporate Governance: ... 2008] CULTURAL DIFFERENCE AND CORPORATE GOVERNANCE J_89 Scholars and other pundits have offered various explanations for the international diversity of corporate governance systems Legal

Ngày tải lên: 02/03/2017, 21:07

... Theme of Corporate Social Responsibility Disclosure and Corporate Governance Characteristics To provide further insights into the link between CSR disclosure and firm corporate governance, corporate ... Total Corporate Social Responsibility Disclosure (Lagged) and Corporate Governance Characteristics: To investigate if there is any relationship between corporate governance characteristics and ... reports and official websites and carefully examined before conducting analysis 3.2 Model Specification 3.2.1 The relationship between Corporate Social Responsibility Disclosure and Corporate Governance

Ngày tải lên: 01/09/2020, 13:49

... duality, and type of auditors were found to have no significant associations In recent years, corporate governance practice has attracted more and more attention Vietnam has jointed ASEAN corporate governance ... Disclosure and Its Sub-Categories Figure 9 Mean Voluntary Disclosure and Its Categories (Note: VDI stands for voluntary disclosure index; CSI stands for corporate strategy information; FCMI stands ... Nanopoulos (2009), poor corporate governance was blame for most world crises In this thesis, it focuses on transparency and disclosure aspect, one of five pillars of good corporate governance Companies

Ngày tải lên: 01/09/2020, 16:12

... leadership and corporate governance 21 1.2.1 Leadership 21 1.2.2 Corporate Governance 24 1.3 Why good leadership and corporate governance practices can help companies in general and Vietnamese ... Committee and the Code of Corporate Governance (Singapore), 2001 wrote about corporate governance: “Corporate governance refers to the processes and structure by which the business and affairs of the ... leadership and corporate governance matters to the institutional investment It explored the relationship between good corporate leadership-governance practices, corporate performance and the improvement

Ngày tải lên: 22/09/2020, 21:28

... overview of leadership and corporate governance 1.2.1 Leadership 1.2.2 Corporate Governance 1.3 Why good leadership and corporate governance practices can help companies in general and vietnamese listed ... Committee and the Code of Corporate Governance (Singapore), 2001 wrote about corporate governance: “Corporate governance refers to the processes and structure by which the business and affairs ... Principles of Corporate Governance, which had key influence on the development of corporate governance globally In the latest version “OECD Principles of Corporate Governance” - 2004, corporate governance

Ngày tải lên: 17/03/2021, 17:21

... of Korea’s corporate governance landscape.1 A prominent transformation involved the role of the state in corporate governance From a domineering force in monitoring and supervising corporates ... establish regulatory discipline <Graph 3> Corporate Audits Trang 9V Corporate Governance and Corruption The effects of democratization upon corporate governance can be gleaned from another angle ... counter-intuitively the state of corporate governance initially declined with democratization Shedding the authoritarian state demanded effective internal and external protections and monitoring mechanisms

Ngày tải lên: 18/10/2022, 22:34

... dc o r p o r a t e governance.Companiesprovetheirtransparencybydisclosingasmuchinformationaspossiblethroughmandatoryandvoluntarydisclosure.Mandatorydisclosureistocomplywithlawsandregulations,thereforeallcompanieshaveto ... TowhatextentdolistedfirmsinVietnamvoluntarilydisclose?  Whatistherelationshipbetweencorporategovernancecharacteristicsandtheextentofvoluntar ydisclosureo f listedfirmsinVietnam? Trang 42.2.1 VietnamCorporateGovernanceRegulations“Listedcompany”isdefinedascompanywhosesharesarelistedononestockexchange.Listedcompanies ... relatedtothelevelofvoluntarydisclosureoflistedfirmsinHongKong.AsignificantassociationbetweensomecorporategovernancevariablesandvoluntarydisclosureofS w e d i s h companieswasfoundby(Cooke,1989).Itisfoundthatboardcompositionandtheextentofvoluntarydisclosureofinformationinannualreports

Ngày tải lên: 23/10/2022, 11:16

... thusintroducedthelinkbetweencorporategovernanceandthecorporatesocialresponsibilitypractice(Driver&Thompson,2002;Michelon&Parbonetti,2012).Third,legitimacytheory(Suchman,1995)expandsthefunctionofcorporategovernancebyaddingmored ... 2thebestknowledgeoftheauthors,thereexistednoextensivestudiesonCSRreportingandthegovernancestructureoflistedfirmsonVietnamstockmarket.Prior studiesi nVietnam(e.g.,Vu,2012)mainlyfocusedoninstitutional, firm orindividual Trang 3ea n d corporategovernance understandtheextenttowhichfirmsdisclosureCSRandtherelationshipbetweenCSRdisclosureandfirmgovernancestructure,ourpaperhopestoaddressthegapintheliterature.Particularly,ourpaperaimstoexaminethefollowingr ... gpracticeisabletolowertheriskthatlaborquarrels,productsafetydisgrace,andfraudscanaffectthefirm’performanceandreputation(Waddock&Graves,1997) 2.1 Relationshipb e t w e e n theCorporateSocialResponsibilityandt h e CorporateGo vernanceC

Ngày tải lên: 23/10/2022, 11:30

... leadership and corporate governance 21 1.2.1 Leadership 21 1.2.2 Corporate Governance 24 1.3 Why good leadership and corporate governance practices can help companies in general and Vietnamese ... Committee and the Code of Corporate Governance (Singapore), 2001 wrote about corporate governance: “Corporate governance refers to the processes and structure by which the business and affairs of the ... leadership and corporate governance matters to the institutional investment It explored the relationship between good corporate leadership-governance practices, corporate performance and the improvement

Ngày tải lên: 17/12/2023, 01:46

... board and audit committee members Nevertheless, our results imply an associative link between the board and earnings management References Baysinger, R., Butler, H.M., 1985 Corporate governance and ... composition and shareholder wealth The case of management buyouts Financial Management 21, 58 – 72 Lim, S., Matolosy, Z., 1999 Earnings management of firms subject to product price controls Accounting and ... 1999; Makar and Alan, 1998; Key, 1997; Hall and Stammerjohn, 1997; Mensah et al., 1994; Jones, 1991; Lim and Matolosy, 1999) have studied earnings management during political, regulatory and legal...

Ngày tải lên: 02/01/2015, 17:34

... $376.94 /10 = $37.69 15 - 25 Value-Based Management (VBM)  VBM is the systematic application of the corporate valuation model to all corporate decisions and strategic initiatives  The objective ... managers harmful to shareholders?  Management consumes perks: Lavish offices and corporate jets Excessively large staffs Memberships at country clubs  Management accepts projects (or acquisitions) ... and/ or improving profitability  The expected ROIC of Division B is greater than the WACC, so the division should continue with its growth plans 15 - 39 Two Primary Mechanisms of Corporate Governance...

Ngày tải lên: 06/04/2015, 19:41

... of corporate governance in the UK and reviews the literature on earnings management and corporate governance Chapter develops the hypotheses to be tested Chapter discusses the data sources and ... likely to be costly for shareholders and creditors to detect earnings management [Watts and Zimmerman (1978)] Both Healy and Palepu (1990) and DeAngelo, DeAngelo and Skinner (1992) conclude that ... strength and success” Chapter Literature Review and Corporate Governance in the UK Accounting academics have relatively more diverse perceptions of earnings management than practitioners and regulators...

Ngày tải lên: 05/10/2015, 19:01

... Jensen, M., and K Murphy 1990 “Performance Pay and TopManagement Incentives.” Journal of Political Economy 98: 225-64 Kang, J., and A Shivdisani 1995 “Firm Performance, Corporate Governance, and Top-Executive ... their framework, corporate transparency has three main elements: 1) corporate reporting (voluntary and mandatory), 2) information dissemination via the media and Internet channels, and 3) private ... private information acquisition on the one hand, and corporate reporting and information dissemination on the other hand For example, evidence in Bhattacharya and Daouk (2001) suggests that relatively...

Ngày tải lên: 17/02/2014, 09:20

... Commerce BID: Branding-inherent Demand SAR: Spatial Autoregressive SMA: Spatial Moving Average Bond: Bond’s Franchise Guide Incomplete Contracts and Corporate Governance: Theory and Evidence ... essential element of corporate governance, which has been raised by Coase (1937) and more recently developed by Jensen and Meckling (1976), Fama and Jensen (1983a, b), Williamson (1985), and Tirole (2006) ... Effects of Branding Value on Choice of Governance Structure: Scenario 87 Figure 3.2 Effects of Branding Value on Choice of Governance Structure: Scenario 88 Figure 3.3 Effects of Branding Value...

Ngày tải lên: 03/06/2014, 02:02

... information and corporate governance , Journal of Accounting and Economics, Vol 32, December, pp 237-333 CHEN, En-Te e John Nowland (2007): "Asian family-owned companies: optimal board governance and ... managerial control and the governance of companies on the Brussels Stock Exchange", Journal of Banking and Finance, Vol 24, pp 1959-1995 ROMANO, Roberta (1996): Corporate law and corporate governance , ... AND CORPORATE GOVERNANCE: THE PORTUGUESE COMPANIES EVIDENCE ABSTRACT The main objective of this paper is to analyze the relationship between the composition and characteristics of corporate governance...

Ngày tải lên: 02/01/2015, 17:33

... NO * JULY 1988 Corporate Finance and Corporate Governance OLIVER E WILLIAMSON* ABSTRACT A combined treatment of corporate finance and corporate governance is herein proposed Debt and equity are ... 58] and by Klein, Crawford ,and Alchian [38] The appearanceof the "classic capitalist firm" and its financing was explicated by Alchian and Demsetz [12] and Jensen and Meckling [30] The Jensen and ... incentives and (2) craft governancestructuresthat fill gaps, correct errors ,and adapt more effectively to unanticipateddisturbances.Prospectiveincentive and governanceneeds will thus be anticipated and...

Ngày tải lên: 06/01/2015, 19:47

... information and corporate governance , Journal of Accounting and Economics, Vol 32, December, pp 237-333 CHEN, En-Te e John Nowland (2007): "Asian family-owned companies: optimal board governance and ... managerial control and the governance of companies on the Brussels Stock Exchange", Journal of Banking and Finance, Vol 24, pp 1959-1995 ROMANO, Roberta (1996): Corporate law and corporate governance , ... AND CORPORATE GOVERNANCE: THE PORTUGUESE COMPANIES EVIDENCE ABSTRACT The main objective of this paper is to analyze the relationship between the composition and characteristics of corporate governance...

Ngày tải lên: 06/01/2015, 19:49