The nature and potential of corporate governance in developing countries

Shikaputo, Chanda; Burton, Bruce; Dunne, Theresa

doi:10.1108/aaaj-08-2015-2208

Cited by 24 publications

(28 citation statements)

References 59 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…They show that voluntary CG codes are not effective in constraining (EM) and highlight the problem that such codes are often not complied with or are not enforced by regulatory agencies. These cross-sectional results chime with recent interview evidence gathered from the Zambian context (Chanda et al, 2017).…”

Section: Boards and Cgsupporting

confidence: 78%

Accounting and governance in Africa – contributions and opportunities for further research

Soobaroyen

Tsamenyi

Sapra

2017

JAEE

View full text Add to dashboard Cite

Purpose The purpose of this paper is to review and reflect on the contributions of the Journal of Accounting in Emerging Economies’ special issue on accounting and governance in Africa. Design/methodology/approach The themes and contributions from the accepted papers are identified and discussed in relation to prior research and potential for further studies. Findings Key aspects of boards and corporate governance (CG), audit reporting and quality and government accounting practices are revealed as mechanisms which, in some cases, did have some consequences in the African context. However, in other cases, accounting or governance mechanisms appear to be at the periphery of organizational practice and exhibit little influence on decision making and accountability. Research limitations/implications Whilst this paper does not provide a systematic review of the literature in the African context, it provides relating to special issue’s contributions on CG, audit and government accounting on the continent. Originality/value This special issue extends the burgeoning scholarship in African accounting and governance and provides directions and opportunities for future research.

show abstract

Section: Boards and Cgsupporting

confidence: 78%

Accounting and governance in Africa – contributions and opportunities for further research

Soobaroyen

Tsamenyi

Sapra

2017

JAEE

View full text Add to dashboard Cite

show abstract

“…Therefore, it is important for the mining industry to integrate the concern on sustainable development into their operating activities. Compared to other industries, the mining industry faces significantly higher environmental and social challenges, including pollution, community-relations issues, and adherence to the requirements of many different national, international, and industry-wide institutional frameworks and standards (Rauffleta et al , 2014; Dong and Xu, 2016; Phiri et al , 2019), thus there is a rising demand for greater CSR and accountability (Chanda et al , 2017).…”

Section: Introductionmentioning

confidence: 99%

Corporate social responsibility, family ownership and earnings management: the case of Indonesia

Kumala

Siregar²

2020

SRJ

View full text Add to dashboard Cite

Purpose This paper aims to examine the association of corporate social responsibility (CSR), family ownership and earnings management. Design/methodology/approach The authors specifically examine mining companies listed in Indonesia Stock Exchange during 2012-2014. Total observations are 105 firm-years. Research data are collected from sustainability reports, annual reports and annual financial statements. Data are analysed using panel data regression. Findings The evidence suggests a negative association between corporate social responsibility disclosures (CSRDs) and earnings management. The authors also examine the direct and moderating role of family ownership. The authors find a positive association between family ownership and earnings management. In addition, family ownership strengthens the negative association between CSR and earnings management. Research limitations/implications This research only examines mining companies listed in Indonesia Stock Exchange, which limit the generalisation of the results. Practical implications The results should useful for: investors wishing to use the level of CSRD as an indicator of firm ethics, especially in relation to family-owned firms; capital-market regulators wishing to improve market transparency by introducing requirements to encourage more CSRD; and other users of financial statements, especially financial analysts to consider ownership structure, specifically family ownership. Originality/value Previous studies have mainly focussed on companies in the USA. This paper adds to the body of knowledge regarding whether the positive relationship between family ownership and CSR is also present outside the USA, especially in emerging countries. Further, this study examines the effect of family ownership on the association of CSR and earnings management, which rarely examined in previous studies.

show abstract

“…There is a noticeable increase in the use of interviews as a means of data collection in the field of corporate governance and RI to contextualise personal and organisational practices analyses (Friedman and Miles, 2001; Sandberg et al , 2009; Statman, 2000; Knox and Maklan, 2004; Fowler and Hope, 2007). It provides flexibility and opportunity to probe into, and interrogate the minds of the interviewees that are knowledgeable about a subject, expand interviewees’ responses, and follow up on interesting new developments (Solomon, 2013; Alshenqueeti, 2014; Chanda et al , 2017). A qualitative interview method also provides an opportunity to interrogate and reflect on literature across a wide range (Qu and Dumay, 2011).…”

Section: Methodsmentioning

confidence: 99%

Greenwashing and responsible investment practices: empirical evidence from Zimbabwe

Olatubosun

Nyazenga²

2019

QRFM

View full text Add to dashboard Cite

Purpose This paper aims to explore the nature of responsible investment (RI) practices in Zimbabwe from the point of view of the institutional asset owners by investigating not only how they incorporate the ESG criteria when selecting investee companies but also the elements of greenwashing and impression management. Design/methodology/approach Based on semi-structured interviews conducted with Pension Fund Entities, Mutual Funds and Life Assurance companies, the authors used interpretive methodological approach to derive the symbolic RI techniques used. Findings This study discovered many symbolic acts of “greenwashing” and impression management as opposed to genuine concerns for ESG issues which are at the core of RI practice. RI is used as not only a systematic risk management instrument but also a symbolic marketing tool due to weak regulatory environment. Contrary to the significantly high public communication on RI, the actual links of the asset owners with the environmental impacts in investee companies is insignificant. The authors also found that there are clear distinctions between how foreign and local firms operating in the local economy engage on ESG matters. Practical implications This is likely to have practical implications for stewardship practices in developing jurisdictions where RI practices are puerile. Originality/value This paper contributes to the literature on RI dialogue by demonstrating the peculiarity of ESG engagement in a developing economy.

show abstract

The nature and potential of corporate governance in developing countries

Cited by 24 publications

References 59 publications

Accounting and governance in Africa – contributions and opportunities for further research

Accounting and governance in Africa – contributions and opportunities for further research

Corporate social responsibility, family ownership and earnings management: the case of Indonesia

Greenwashing and responsible investment practices: empirical evidence from Zimbabwe

Contact Info

Product

Resources

About