... Publishing Limited Licensed re-use rights only Corporate culture Corporate governance code Disclosure Legitimacy Regulation Substantive economic data show that “attitudes, values and beliefs, that are sometimes collectively referred to [or defined] as ‘culture’ play an unquestioned role...

... and downstream). The upstream factors highlight the preconditions that support corporate governance reforms, i.e. government commitment and enabling environment, while the downstream reforms combine elements of awareness and regulation to proffer robust corporate governance interventions. Originality/value...

... for managers, regulators and policymakers. Originality/value Analyzing the role of financial strength, corporate governance and regulatory influence on AA of acquiring firm is a rare study, especially in an emerging country such as Pakistan. Zhu and Jog (2012) worked on the emerging economies market...

...Glauco De Vita; Yun Luo Purpose According to previous international studies, the impact of external regulation on bank risk is ambiguous. The purpose of this paper is to ask the question, “When do regulations matter for bank risk-taking?” by reporting the first empirical investigation of how...

... worldwide. Additionally, Miller (2011) notes that the passage of SOX had a significant impact on foreign firms doing business in the USA. The purpose of this paper is to compare the financial reporting and attempts to regulate the corporate governance environment through legislation in Italy...

...Zahid Riaz Purpose This paper aims to explore an alternative approach to regulation for addressing governance problems relating to director and executive remuneration in publicly listed firms. The author investigates the development of hybrid regulatory framework, composed of state regulation...

...Markus Kallifatides; Sophie Nachemson-Ekwall Purpose The purpose of this paper is to offer a political perspective on modifications in corporate governance regulation. In the wake of the financial crisis, the investment rationale of institutional investors is being pushed away from a focus...

... limitations/implications The results of the study should be considered by regulators in Egypt with regard to the Egypt Code of Corporate Governance, which was issued in October 2005. However, owing to the relatively small sample size, these findings should be interpreted with caution. Originality...

... that are culturally similar and have the same regulation in order to be able to study other elements. Findings The authors find that the success of microfinance is linked to its economic performance, in terms of both levels of per capita income and growth, as well as regulatory and public governance...

..., and facilitates development in governance regulation. © Emerald Group Publishing Limited 2012 Governance Corporate governance United Kingdom Russia Kazakhstan Cyprus Regulation In a landmark study of corporate governance, Shleifer and Vishny (1997 , p. 737) stated: “Corporate...

... responses can be strategically formulated to ensure corporate vitality and prevent market failures. The paper investigates the antecedents of effective corporate governance regulation in Nigeria. Design/methodology/approach This paper employs research method triangulation in order to provide...

...Elisabeth Paulet; Elisabeth Paulet Purpose Since the 1980s, the global financial system has faced several crises that have led regulators to consider new conjectural and structural problems. These crises (new technology bubbles, the sub‐prime crisis …) have led economists and financial...

... and regulators in the Asia‐Pacific region and their counterparts in other regions to devise standard guidelines and improve corporate governance. Establishing the confidence of investors and the various stakeholders in a firm requires that reliable and timely audit reports be issued (Leventis et al...

... results. Section five discusses implications of the results, and suggests possibilities for future research. Compliance with SOX regulations comes with both intended and unintended benefits and costs. Previous literature discusses both. Rezaee and Jain (2005) conclude that the benefits of the Act...

... of writing it seems that the International Monetary Fund (IMF), supported by many of the richest nations, may be about to introduce greater international regulation of financial institutions. This must be the right way forward as long as it provides incentives to encourage responsible behaviour which...

... of social and environmental issues. As indicated by Zadek's definition, the collaboration between multiple stakeholders within such governance arrangements is deliberate. © Emerald Group Publishing Limited 2010 Social responsibility Governance Stakeholders Regulation Supported...

...Atle Midttun; Carlos Joly Purpose The purpose of this paper is to demonstrate failures of self‐regulation among RI actors following the current economic crisis. It also seeks to propose specific regulations for the investment business. The paper questions whether financial capitalism can...

... to the local regulator's minimum requirements, or to voluntarily exceed them. Findings The paper finds that in all cases board construction meets the local regulator's requirements, but in some cases, trans‐national entities have chosen to exceed minimum requirements, suggesting that in some cases...

... will aim to address the following issues: the development of CSR as a voluntary framework based on self‐regulation instruments through which corporations can manage their social and environmental impacts; corporations' exercise of power and authority in developing CSR standards globally through inter‐firm...

... for aligning CSR‐oriented industrial self‐regulation with public governance to fill some of the governance gap in the global economy. Design/methodology/approach The paper provides a conceptual discussion, empirically underpinned by three case studies. Findings The paper finds...