Alternative regulatory policies, compliance and corporate governance quality

Bajra, Ujkan; Čadež, Simon

doi:10.1108/bjm-11-2018-0373

Cited by 16 publications

(11 citation statements)

References 71 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…If so, then there may be significant policy implications from a development perspective because factors that upsurge economic cycle (i.e., inflowFDI, OpeEx, New Technology, regulatory policy, etc.) (Bajra & Čadež, 2020), are likely to have economic returns beyond remittance returns and thus incline their impact on economic growth and reducing inequality. In addition to the impact on the economy and inequality, it also has long-term consequences that mainly affect the export of labor without distinction, then emptying the country of young people in search of a better perspective and possibly increases the possibility of age dependence.…”

Section: Discussionmentioning

confidence: 99%

The Interactive Effects of Remittances on Economic Growth and Inequality in Western Balkan Countries

Bajra

2021

Journal of Business Economics and Management

Self Cite

View full text Add to dashboard Cite

Hardly any studies have investigated the impact of migrant remittances on economic growth (EG) and inequality in the Western Balkans as a whole (WB6). Using the method of instrumental variables (VI), the findings show that while remittances influence economic growth, their inflow also promotes a high level of migration and absorbs a large workforce by influencing the labor market and encouraging uncontrolled individual relocation. This paper also reveals that although remittances have eased income inequalities the share of remittances in a country’s economy has declined over the years. After testing for the endogeneity of remittances and controlling for various variables, the results indicate that migrant workers’ remittances do not provide strong support for economic growth and inequality. For the sample average, a 1-percent rise in the share of remittances in the economy (i.e., to GDP) will lead to a 0.10-percent rise in the economic cycle i.e. GDP growth, respectively will lead to a 0.05-percent drop in the share of people living in inequality. The findings also show that the interactive effect of remittances and foreign direct investment is lower on economic growth and inequality than the individual effect of each factor.

show abstract

Section: Discussionmentioning

confidence: 99%

The Interactive Effects of Remittances on Economic Growth and Inequality in Western Balkan Countries

Bajra

2021

Journal of Business Economics and Management

Self Cite

View full text Add to dashboard Cite

show abstract

“…Few international cross-country evidences support a positive relationship between a higher proportion of female directors on board for effect on firm financial performance and firm value (Gordini & Rancati, 2017;Terjesen et al, 2016;Vafaei et al, 2015). Bajra and Cade z (2019) reported the relationship between internal audit quality-earnings management and board of directors-earnings management, respectively, in a unique setting of European firms cross-listed in the United States. Results revealed that both internal audit quality and board directors negatively affect the incidence of earnings management, while their interactive impact is positive.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Female presence in corporate governance, firm performance, and the moderating role of family ownership

Amin

Ali

Rehman

et al. 2021

Economic Research-Ekonomska Istraživanja

View full text Add to dashboard Cite

Assessing the role of diversity in corporate governance has attracted growing interest. In addition, significant relationships are expected between diversity dimensions and firm performance. This research aims to analyze the relationships between female presence in corporate board-firm financial performance and the extent to which such influence is moderated by family ownership. The study's sample, based on the listed firms on the Pakistan Stock Exchange (PSX), represents the nonfinancial sector from 2008 to 2019 with 2087 firm-year observations. Fixed-effect regression analysis was applied to examine the proposed hypothesis. The study's findings indicate that the presence of women in corporate governance is positively associated with firm financial performance. Simultaneously, the mentioned relationship is less pronounced when family ownership is a moderator. The empirical findings of the study support the argument that the presence of women in corporate boards is positively associated with financial performance and supports the reforms made by codes of corporate governance (CCG) that make the presence of female directors' mandatory on the corporate boards. Additionally, the study findings partially confirm that a higher proportion of women on the board increases firm performance. This study offers insights for policymakers to implement legislation for a diverse gender placement in the board of directors and exploit the potential benefits of the gender-balanced board, which generally improves firm performance.

show abstract

“…13 13 These procedures for creating the composite measure of audit committee quality are similar to prior studies (e.g., Bajra & Čadež, 2018b; Bajra & Čadež, 2019). In unreported results, we have replaced this composite measure in Equation by the individual characteristics of the audit committee.…”

mentioning

confidence: 92%

Outsourced internal audit function and real earnings management: The role of industry and firm expertise of external providers

2021

View full text Add to dashboard Cite

As the outsourced internal audit function (IAF) and real earnings management are attracting widespread attention among firms, it is vital for stakeholders to understand how these two practices affect the quality of financial reporting. This study examines how the expertise of an external IAF provider reduces real earnings management. Using a pooled panel data regression of 928 firm‐observations, we find that the external IAF provider's firm‐specific expertise is significantly associated with lower real earnings management. Conversely, we report no such association for external IAF providers with industry expertise. These findings are robust under a battery of sensitive analyses. The results of additional analyses show that the industry and firm‐specific expertise of external IAF provider interact with each other, resulting in a significant reduction in real earnings management. We also find significant differences in the IAF quality between big4 and second‐tier audit firms in which the latter are associated with lower real earnings management and the former with higher real earnings management. Finally, we observe low real earnings management for important clients and/or those with influential CEOs if the external IAF provider has firm‐specific expertise.

show abstract

Alternative regulatory policies, compliance and corporate governance quality

Cited by 16 publications

References 71 publications

The Interactive Effects of Remittances on Economic Growth and Inequality in Western Balkan Countries

The Interactive Effects of Remittances on Economic Growth and Inequality in Western Balkan Countries

Female presence in corporate governance, firm performance, and the moderating role of family ownership

Outsourced internal audit function and real earnings management: The role of industry and firm expertise of external providers

Contact Info

Product

Resources

About