...Doddy Setiawan; Lian Kee Phua Purpose – This study aims at examining the impact of corporate governance on dividend policy among Indonesian companies. There are two theories of the effect of corporate governance on dividend policy: substitution and outcome theory. Substitution theory argue...

... their progress with each other. Design/methodology/approach The article is based on the research by Heidrick & Struggles for its biennial report on Corporate Governance in Europe. The article is based on the analysis of the annual report and official publications of the top companies by market...

...Christopher Pass Purpose A revised Combined Code on corporate governance was introduced in the UK in 2003 which set out a number of new provisions relating to the composition of the company's Board of Directors and its main Committees. The Code gives greater prominence to the role of non‐executive...

... of more effective boards. A key element of good corporate governance is to achieve an appropriate balance between a number of critical factors, for example performance today and the capability to compete and win in the future. Originality/value In comparison with what could be achieved if more...

... of business in society. It will be brought about, in our opinion, by the dissatisfaction of shareholders and public policy makers with ineffective forms of corporate governance. The challenging board is firmly focused on the long‐term interests of the company. It assumes that there are rarely simple...

... be ensnared in a financial rout. Perhaps these individuals will be newer directors, more attuned to the risks of the job than they are close to the management team. © Emerald Group Publishing Limited 2004 Corporate governance Boards of directors Strategy Accountability The shift in powers...

...Catherine M. Daily; Dan R. Dalton Not since the passage of the Securities and Exchange Commission Act of 1934 have matters of corporate governance received such concentrated attention. The failures of a series of notable US companies, beginning with Enron Corporation, have reignited attention...

... a “big picture view” of how to organize the firm’s risk management. To illustrate, one company adopted the following risk management vision and mission: © Emerald Group Publishing Limited 2004 Corporate governance Risk management Sarbanes‐Oxley has commanded headlines ever since...

...Richard Corgel; John Geron; John Riley The impact of recent corporate scandals has been serious and far‐reaching. The popular news coverage has been unequalled by any other business issue. The result is that the investment community has lost its trust in corporate governance and financial reporting...

.... How does the board work to make management more effective? How does the board reduce the barriers to success or increase the barriers to failure. What happens because of the board’s involvement and what happens in spite of it? Return on investment Corporate governance Boards of directors...