Governing Failure

Over the past two decades, the main organizations involved in financing international development have become preoccupied with the problem of failure. Whether we look back at Joseph Stiglitz’s 1998 seminal lecture, when he was the World Bank’s Chief Economist, on the need to move beyond the “failures of the Washington consensus,” or consider the new Bank President, Kim Jong Kim’s re…

Global Differences in Corporate Governance Systems

Building a sound financial system is a prereqUisIte for economic development in both transition economies and developing countries (Fries and Lane, 1994, p. 21; EBRD, 1998, p. 92). To ensure long-term financial stability, the development of bond and equity markets is one important way of reducing the financial fragility of emerging economies (Taylor, 1999). This insight has led various internat…

Environmental and Forest Governance The Role of Discourses and Expertise

T he governance concept has become a popular framework in polit- ical science during the last decade, especially in the study of pol- icy fields in which political co-ordination problems arise. Governance implies that societal and economic actors have become influential over policy (Peters & Pierre, 1998). Political decisions are being negotiated between these private and state actors in new mo…

European-Corporate-Governance-

After the ethical scandals from Enron to Worldcom at the start of the new century, greater attention than ever before has been paid to corporate governance both inside and outside corporations. A host of regulations, standards, initiatives, programmes, and much more have emerged; from Sarbanes Oxley to the OECD’s updated Principles of Corporate Governance. Some of this activity was undoubte…

THE RELATION BETWEEN AUDITORS' FEES FOR NON-AUDIT SERVICES AND EARNINGS QUALITY

We examine the association between the provision of non-audit services and earnings quality. Because of concerns regarding the effect of non-audit services on financial reporting credibility, the Securities and Exchange Commission recently issued revised auditor independence rules requiring firms to disclose in their annual proxy statement the amount of fees paid to auditors for audit and n…

Creating Value by Informed Governance

This book has been created in an effort to develop a textbook for one of the key courses of a Master of Enterprise Architecture program. It is a first in a series of books needed to further underpin this Master’s program with textbooks combining a sound theoretical base with practical insights, and has been authored in a close collaboration between industry and academia. In authoring this boo…

Corporate Governance

t is clearly accepted that good corporate governance is fundamental to the successfully continuing operating of any company; hence much attention has been paid to the procedures of such governance. Often however what is actually meant by the corporate governance of a firm is merely assumed without being made explicit; often it is assumed to be concerned with how the company conducts its annual …

DELIVERING GOOD GOVERNANCE IN LOCAL GOVERNMENT

each local authority operates through a governance framework. it is an interrelated system that brings together an underlying set of legislative requirements, governance principles and management processes. Traditionally, local government has conformed in whole or in part and in many different ways to the principles of good governance and has had a sound base on which to build. There has been a…

Interactive Governance

is chapter sets the stage for the book about small-scale fisheries governance and governability, which draws lessons and reflections from 34 case studies about small-scale fisheries in 34 countries around the world, including north and south, east and west. The diversity, complexity, dynamics, and scale of small-scale fisheries and their governance are described. Characteristics of small-scale …

Information Governance

Once upon a time, records meant paper documents. They lived in file cabinets, and they were managed and maintained by secretaries, librarians and archivists who knew the rules, and applied them diligently. When space for more file cabinets ran out, the records were put in boxes, marked with a destruction date, and shipped out to a box store (a paper records outsource provider). When the destruc…

Governing for Sustainability

In early November 2013, Typhoon Haiyan struck the Philippines, the stron- gest cyclone to make landfall in recorded history. It killed thousands of people, displaced more than 4 million, and left 2.5 million in need of food aid. Hitting just before the round of climate negotiations known as the 19th Conference of the Parties (COP) to the United Nations Framework Con- vention on Climate Change (…

Governance Risk

his is a book about governance, risk management, and compliance management of a large modern enterprise and how the IT infrastructure, in particular the Oracle IT Infrastructure, can assist in that governance. The IT infrastructure both presents a risk and also provides the infrastructure to mitigate and manage that risk. The IT infrastructure must be shown to be in compliance with policies,…

Corporate Governance

Here at Deloitte we believe passionately in the importance of the role played by unlisted companies in helping continued recovery in the UK economy. We believe that the Principles and Guidance being launched by the IoD will make a significant contribution to the governance of such companies. Acknowledging that good governance will look different depending on a company's size and situation, this…

Corporate Governance

Corporate governance is a topic that has received growing attention in the public in recent years as policy makers and others become more aware of the contribution good corporate governance makes to financial market stability and economic growth. Corporate governance is all about controlling your business and so is relevant, and indeed vital, for all organisations, whatever size or structure. …

Corporate Governance Principles and Recommendation

he phrase “corporate governance” describes “the framework of rules, relationships, systems and processes within and by which authority is exercised and controlled within corporations. It encompasses the mechanisms by which companies, and those in control, are held to account.”1 Good corporate governance promotes investor confidence, which is crucial to the ability of entities listed o…

Corporate Governance Matters

Edition

1st Edtion

ISBN/ISSN

3: 978-0-13-218026-9

Collation

1-53

Series Title

Corporate Governance Matters

Call Number

-

Corporate Governance and Ethics: An Introduction

Corporate governance has enjoyed a long tradition in the English-speaking world of management sciences since the 1990s. Following its traditional understanding, corporate governance is defined as leadership and control of a firm with the aim of securing the long-term survival and viability of that firm (cf. Shleifer and Vishny 1986, p. 462). But recent business scandals and financial crises c…

Corporate Governance

Edition

1st Edtion

ISBN/ISSN

978-3-8349-2216-8

Collation

1-413

Series Title

Springer Fachmedien Wiesbaden

Call Number

-

Corporate governance

Despite being right at the beginning of this volume, these lines are the last ones written. With them, I have finalized a book project which has taken more than three years. This volume picks up a discussion which has become more than just that of cur- rent interest since the financial crisis. We are living in turbulent times and the tension between economic imperatives and social demands has …

corporate governance

During the past two years, Toronto Stock Exchange (TSX) has reviewed the corporate governance disclosure of over 700 of its issuers. Almost all describe, in some form, their system of corporate governance. While these issuers clearly try to give investors insight into their corporate governance practices, disclosure can be improved. Good disclosure about your corporate governance practices giv…

Innovation Clusters and Interegional Competition

Never since Marshall's seminal work on locational choice and industrial districts has the cluster idea been given more prominence than in the last decade, promi- nence that was in particular triggered by Porter (1990) and Enright (1990). This is not too surprising since "... both, firms keen to improve their competitiveness, and governments keen to exploit new sources of economic growth, need t…

Governance, Risk and Compliance

GRC is a management model that promotes the criteria unification, as well as communication and collaboration between different stakeholders in the management and control of the organization.

Anarchy Unbound: Why Self-Governance Works Better Than You Thiink

“his book consists of several essays. Their central argument is simple: anarchy works better than you think. My thesis sets a low argumentative bar. If you're like most people, you don't think anarchy works at all. Such readers are in good company. One of the most important figures in the history of social thought, Thomas Hobbes, shared that thinking. In 1651 Hobbes famously described life …

Regulatory Governance

My work is an analysis of the regulatory state in the development. The study focuses on diffusion of privatization and regulatory authority around Europe. The contemporary regulatory state has developed as a result of political struggle that accompanied and increasingly globalized world and was in the beginning a response to the serious international economic crisis that emerged in the 1970s.Tw…

Corporate Governance and Strategic Resource Allocation

The impact of corporate governance on strategicdecisions is emerging as a key concern in contemporary businesses. In particular,governance mechanisms such as stock ownership structure and takeover defenses have major influences on strategicresource allocation in firms. In this paper, we empiricallyexamined a set of relationshipsbetween corporate governance and information technology (IT) i…

CORPORATE FINANCE

Finance is such an important part of modern life that almost everyone can benefit from understanding it better. What you may find surprising is that the financial problems facing PepsiCo or Microsoft are not really different from those facing an average investor, small business owner, entrepreneur, or family. On the most basic level, these problems are about how to allocate money. The choic…

Government Regulation and the Legal Environment of Business

In a nation, the law can serve to (1) keep the peace, (2) maintain the status quo, (3) preserve individual rights, (4) protect minorities against majorities, (5) promote social justice, and (6) provide for orderly social change. Some legal systems serve these purposes better than others. Although a nation ruled by an authoritarian government may keep the peace and maintain the status quo, it ma…

Organized Crime

The late Milton Friedman once said that if the average tariff rate in America was a few percentage points lower than it would otherwise be thanks to infl uence of academic economists, that would more than justify all of their salaries and then some because of the wealth-enhancing eff ects of freer trade. Friedman was correct as far as the story goes, but at the time that he made the commen…

Standards for Internal Control in the Federal Government

Internal control is a major part of managing an organization. It comprises the plans, methods, and procedures used to meet missions, goals, and objectives and, in doing so, supports performance-based management. Internal control also serves as the first line of defense in safeguarding assets and preventing and detecting errors and fraud. In short, internal control, which is synonymous with mana…

PERFORMANCE ACCOUNTABILITY AND COMBATING CORRUPTION

This series represents a response to several independent evaluations in recent years that have argued that development practitioners and policy makers dealing with public sector reforms in developing countries and, indeed, anyone with a concern for effective public governance could benefit from a synthesis of newer perspectives on public sector reforms. This series distills current wisdom a…