ERN: Corporate Governance (Emerging Markets Economics) (Topic)最新文献

Corruption and Corporate Governance in Namibia: An Analysis of the Strategic Approaches in the 4th Industrial Revolution 纳米比亚的腐败与公司治理:第四次工业革命战略路径分析

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2021-09-13 DOI: 10.17159/1727-3781/2021/v24i0a10738

Ndatega Asheela-Shikalepo

{"title":"Corruption and Corporate Governance in Namibia: An Analysis of the Strategic Approaches in the 4th Industrial Revolution","authors":"Ndatega Asheela-Shikalepo","doi":"10.17159/1727-3781/2021/v24i0a10738","DOIUrl":"https://doi.org/10.17159/1727-3781/2021/v24i0a10738","url":null,"abstract":"The advent of new technology and the 4th industrial revolution has introduced new facets of corporate crimes and regulatory challenges for the enforcement of anti-corruption laws. Acknowledging the negative effects of corruption on the private sector, corporate governance mechanisms may help reduce corruption in the private sector by ensuring that corporations are managed in the best interest of the corporation and the shareholders or investors. This article aims to evaluate the adequacy of the regulatory measures intended to promote good corporate governance in Namibia thereby cushioning the Namibian financial market from the negative effects of corporate corruption. It provides an exposition of the concepts corporate corruption and corporate governance by considering the relationship between the two. It further provides an analysis of the Namibian corporate governance regime and the anti-corruption legislative framework. It is submitted that if Namibia is to realise the financial market objectives set out in its policy documents, there is a need for the introduction of robust strategic approaches in corporate governance directed at curbing and/or reducing corporate corruption responsive to the 4th industrial revolution challenges, amongst others.","PeriodicalId":117141,"journal":{"name":"ERN: Corporate Governance (Emerging Markets Economics) (Topic)","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123040212","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Solvency II Capital with Correlated Risks: Evidence from General Insurance 偿付能力ⅱ资本与相关风险:来自一般保险的证据

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2021-08-11 DOI: 10.2139/ssrn.3921745

DINABANDHU BAG

{"title":"Solvency II Capital with Correlated Risks: Evidence from General Insurance","authors":"DINABANDHU BAG","doi":"10.2139/ssrn.3921745","DOIUrl":"https://doi.org/10.2139/ssrn.3921745","url":null,"abstract":"This paper examines dependency among the line of business in the non-life insurance industry towards arriving at solvency II margin capital requirements. The accurate dependence between lines of business is crucial for capital allocation. The factors attributed to variability in claim volumes by segments are derived by longitudinal analysis using a simpler way than the loss triangle chain-ladder method. We estimate the correlation among major segments of losses of all non insurance firms in India during the period 2001 to 2020. The important insight is the degree of dependency that remain stable across the lines of business, irrespective of the changes to the growth or fall in market share of the firm. We show that dependency among lines are crucial in determining the insurer’s risk capital. Our results show that there exists strong relation between segments of fire, marine and property & miscellaneous, respectively. Further, the profit transfers to shareholders have remained negatively correlated with the net premiums earned. The implications of these findings are important in respect of making provisions for solvency capital reserve by non-life insurers.","PeriodicalId":117141,"journal":{"name":"ERN: Corporate Governance (Emerging Markets Economics) (Topic)","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126840743","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

What Is Corporate Governance 什么是公司管治

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2021-07-23 DOI: 10.2139/ssrn.3892403

Kelvin Kamande, Dr.Halima Ibrahim Mohamed

引用次数: 0

Directors’ Career Concerns: Evidence from Proxy Contests and Board Interlocks 董事职业关注:来自代理权竞争和董事会联锁的证据

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2021-01-28 DOI: 10.2139/ssrn.2825786

Shuran Zhang

引用次数: 13

Family Firms and Earnings Management: Empirical Evidence From India 家族企业与盈余管理:来自印度的经验证据

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2020-12-23 DOI: 10.2139/ssrn.3754485

Mani Bansal

{"title":"Family Firms and Earnings Management: Empirical Evidence From India","authors":"Mani Bansal","doi":"10.2139/ssrn.3754485","DOIUrl":"https://doi.org/10.2139/ssrn.3754485","url":null,"abstract":"This study investigates the earnings management among family firms in India after taking into account the moderating the effect of board independence. Discretionary accruals have been used to measure the magnitude of earning management, which has been estimated using the Modified Jones model (1995). The proportion of independent directors in the board and CEO duality have been used as proxies of board independence. Based on a sample of 2074 companies listed in Bombay Stock Exchange (BSE) of India, spanning over 13 years from 2005 to 2017, we find that family firms are less likely to be engaged in earning management in comparison to their non-family counterparts after controlling for firm-specific variables such as firm size, financial leverage, sales growth, and operating performance. Family firms’ lower engagement in earning manipulation consistent with the notion of alignment effect rather than the entrenchment effect; there is greater alignment of interest between majority and minority shareholders in family firms due to their long-term focus. The findings also suggest that corporate governance is ineffective in India to control the financial irregularities due to a domination of management in controlling in the board, which jeopardizes the capability of independent directors to fulfill their monitoring role, consistent with managerial hegemony theory (Abdullah, 2004). In family firms, the board members have implicit ties with the dominant family, which results in a lack of substantial independence. The positions of CEO and chairman in family firms are mostly held by the family members themselves; therefore, holding these positions by the same person or two different persons, do not impact the earning management significantly. In particular, we find that family ownership limits the earnings management, which in turn, could affect their quality of financial reporting.","PeriodicalId":117141,"journal":{"name":"ERN: Corporate Governance (Emerging Markets Economics) (Topic)","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133272241","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Corporate Governance, Islamic Governance and Financial Flexibility 公司治理、伊斯兰治理和财务灵活性

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2020-10-21 DOI: 10.2139/ssrn.3716197

Abdullah A. Aljughaiman, A. Salama, Thanos Verousis

引用次数: 2

Economic Performance of State‐Owned Enterprises Under the Chinese Communist Party's Supervision: Some Reflection on China's Economic Reform 中国共产党监管下的国有企业经济绩效:对中国经济改革的一些思考

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2020-10-01 DOI: 10.1111/1468-0106.12298

Len-Kuo Hu, Daniel C. Lee

引用次数: 1

Effect of Diversity in the Board of Directors and Top Management Team on Corporate Social Responsibility 董事会和高层管理团队多元化对企业社会责任的影响

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2020-09-28 DOI: 10.2139/ssrn.3701302

Priscila Prudêncio, Hyane Forte, V. Crisóstomo, A. Vasconcelos

引用次数: 11

The Determinants and Effects of Board Committees 董事会委员会的决定因素和影响

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2020-09-15 DOI: 10.2139/ssrn.3530217

Wei-Ming Lee

引用次数: 10

Agency Theory, Accounting Based Performance Evaluation Systems and IFRS: A Brief Relational Overview 代理理论，基于会计的绩效评估系统和国际财务报告准则:简要的关系概述

ERN: Corporate Governance (Emerging Markets Economics) (Topic) Pub Date : 2020-09-07 DOI: 10.31014/AIOR.1992.03.03.271

Bruce H. Geddes

引用次数: 1