CONTRIBUTION TOWARDS UNDERSTANDING OF CORPORATE GOVERNANCE: THEMATIC ANALYSIS OF REVIEW PAPERS ON CORPORATE GOVERNANCE: 1988-2017
Download| Volume 15 Issue 2 2019 | |
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| Author(s): |
Zeba Shariff khan
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| Abstract | The purpose of the study was to assemble knowledge, to understand the nuances of corporate governance as it is widely dispersed having multiple dimensions, to organize and categorize review papers on corporate governance under specific subjects, fields, areas of research. Thematic classification of review papers provided insight and spectra about corporate governance. The research study was confined to review of review papers on Corporate Governance downloaded through Google scholar and focuses only on abstracts of these reviews and determines the intensity of respective research published/ undertaken on specific category and subcategories during the period 1988 to 2017. Document analysis was used to gather information on the (Valiente & González, n.d.) themes, providing break-up into individual sub-categories and identifying an array of research topics. The themes were formulated from six hundred and sixty five (665) review papers, classified into nineteen (19) categories, 177 sub-categories comprising 476 review papers. On the basis of classifications significance of Corporate Governance has been observed for firm performance (5th category 71 papers); legislative & regulatory requirement (7th category 64 papers); executive governance (2nd category 59 papers) these three categories have contributed maximum number of review papers. The above three categories have mostly published review papers on the Impact of Corporate Governance Variables on Firm Performance- Country-wise comparison (19 papers), Corporate Governance Effects on/ Relationship with Firm/Corporate Performance (15 papers) and Review of Corporate Governance Reforms Countrywise (16 papers). The research study (1) highlights existing research undertaken (2) identifies avenues for future research beneficial for the research scholars & academics to explore potential research areas in context to Pakistan. It will also enhance the acumen, awareness of practitioners and policy makers regarding the vitality of corporate governance for quality decision making. |
| Keywords | Corporate Governance, Firm & Corporate Performance, Legislative & Regulatory Requirement, Executive Governance |
| Year | 2019 |
| Volume | 15 |
| Issue | 2 |
| Type | Full Length Paper |
| Recognized by | Higher Education Commission of Pakistan, HEC | Category | "Y" | Journal Name | IBT Journal of Business Studies | Publisher Name | ILMA University | Jel Classification | G34, G39 | DOI | http://dx.doi.org/10.46745/ilma.jbs.2019.15.02.11 | ISSN no (E, Electronic) | 2409-6520 | ISSN no (P, Print) | 2416-8393 | Country | Pakistan | City | Karachi | Institution Type | University | Journal Type | Open Access | Type of Review | Double Blind Peer Reviewed | Format | Paper Link | http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/15.2/11.pdf | Page | 152-181 | References | Alkhawaldeh, A. (2009). Factors Influencing the Credit Risk Assessments of Firms and The Role of Good Corporate Governance: A Review of The Literature and Business. Banks, E. (2004). Corporate governance. Palgrave Macmillan,. Cadbury, A. (1992). Report of the Committee on the financial aspects of Corporate Governance, Gee & Company Limited. London, United Kingdom. Clarke, T. (2004). Theories of corporate governance. Routledge, New York. Filatotchev, I., & Wright, M. (2011). Agency Perspectives on Corporate Governance of Multinational Enterprises . Journal of Management Studies 48:2 doi: 10.1111/j.1467-6486.2010.00921.xCass Bus School; Nottingham University Bus School. Friedman, M. (1970). The social responsibility of business is to increase its profits. New York times magazine, vol. 13, pp. 32-3. Friedman, M. (2007). The social responsibility of business is to increase its profits. In Corporate ethics and corporate governance (pp. 173-178). Springer, Berlin, Heidelberg. Krafft, J., QuYiping, Quatraro F., & Ravix J.L. (2014). Corporate governance, value and performance of firms: New empirical results on convergence from a large international database. Industrial and Corporate Change, Oxford University Press (OUP), 23 (2), pp.361-397. Letza S., Sun Xiuping & Kirkbride J. (2004). Shareholding Versus Stakeholding: a critical review of corporate governance Blackwell Publishing Ltd, vol. 12 (3), pp. 242 - 262 . McColgan, P. (2001). Agency theory and corporate governance: a review of the literature from a UK perspective. Department of Accounting and Finance Working Paper, vol. 6, p. 0203. Mahmood, Rezwan & Islam, M. Moshin (2015). Practices Of Corporate Governance In The Banking Sector Of Bangladesh. International Journal of Managing Value and Supply Chains (IJMVSC) Vol. 6, No. 3. DOI: 10.5121/ijmvsc.2015.6302 17OECD (2004). Principles of Corporate Governance, www.oecd.org O’Donovan, Gabrielle. (2003). A Board Culture of Corporate Governance. Corporate Governance International Journal, 6(3), p. 2. Shleifer, A., & Vishny, R.W. (1997). A Survey of Corporate Governance. The Journal of Finance, vol. 52, no. 2, pp. 737-83. Solomon, J., & Solomon, A. (2004). Corporate Governance and Accountability. John Wiley & Sons, Ltd., Hoboken. Tirole, J. (2001). Corporate Governance. Econometrica, vol. 69, no. 1, pp. 1-35. Valiente, C. L., González (n.d.) Analysis of the impact of studies published by Internext - Revista Eletrônica de Negócios Internacionais 10 (2),6-18. Young, A. (2009). Frameworks in regulating company directors: rethinking the philosophical foundations to enhance accountability. Company Lawyer, 30(12), 355-361. Thomson Reuters. |