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Cited by 143 publications
(88 citation statements)
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References 48 publications
(25 reference statements)
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“…Interest in corporate governance has increased since the turn of the century due to corporate fraud, managerial misconduct, and negligence and massive loss of shareholder wealth [2]. There are many reasons for such an explosive interest in this subject, but the main reason is corporate scandal [3]. Such explosive interest has resulted in heightened interest in the issue among researchers and policy-makers due to a series of unexpected corporate failures that has reignited and increased concerns regarding the effectiveness of board oversight [4].…”
Section: Introductionmentioning
confidence: 99%
“…Interest in corporate governance has increased since the turn of the century due to corporate fraud, managerial misconduct, and negligence and massive loss of shareholder wealth [2]. There are many reasons for such an explosive interest in this subject, but the main reason is corporate scandal [3]. Such explosive interest has resulted in heightened interest in the issue among researchers and policy-makers due to a series of unexpected corporate failures that has reignited and increased concerns regarding the effectiveness of board oversight [4].…”
Section: Introductionmentioning
confidence: 99%
“…It has been suggested by many researchers (Allen, 2005;Ananchotikul & Eichengreen, 2009;Young, Peng, Ahlstrom, Bruton, & Jiang, 2008) that corporate governance capacity is growing increasingly and rapidly, particularly in developing countries. Thus, developing countries, for example South Africa, are closing the gap between themselves and developed countries in terms of corporate governance (Samaha, Dahawy, Hussainey, & Stapleton, 2012).…”
Section: Introductionmentioning
confidence: 99%
“…67 Finally, Allen documents that in Japan even junior high school textbooks stress that companies should be managed in the interests of all stakeholders. 68 Ideology can affect corporate governance in ways that go beyond the ideas and training patterns for senior managers, because ideology, whether or not tied tightly to material interests, can affect the organization of finance and the rules that govern the large firm. As we saw above, anti-power populism in the United States favored the fragmentation of the banking system, while in Europe, social democratic ideologies 69 supported empowering employees more and pressured managers to side with employees instead of owners, thereby creating conditions conducive to the concentration of corporate ownership in response.…”
Section: Ideologymentioning
confidence: 99%