Corporate Governance and Corruption: Ethical Dilemmas of Asian Business Groups

Rama, Marie dela

doi:10.1007/s10551-011-1142-0

Cited by 58 publications

(18 citation statements)

References 41 publications

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“…Ferrell & Ferrell () provided a different perspective on the infamous Enron case, noting systemic leadership issues and other institutional factors that influence decisions. Dela Rama () looked at the role of corruption on Asian business groups, while Craft () highlighted the experiences of white collar offenders and how the themes of ethical values and training ultimately failed in these instances. Campbell & Göritz () proposed that how an organization perceives itself can create a ‘war’, leading to ethical rationalizations to ‘win’.…”

Section: Discussion Of Major Thematic Findingsmentioning

confidence: 99%

The human experience of ethics: a review of a decade of qualitative ethical decision‐making research

Lehnert

Craft

Singh

et al. 2016

Business Ethics: A European Review

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Qualitative studies are an important component of business ethics research. This large amount of research covers a wide array of factors and influences on ethical decision making published between 2004 and 2014. Following the methodology of past critical reviews, this work provides a synopsis of the diverse array of qualitative studies in ethical decision making within the business ethics literature. We highlight the distinct and investigative nature of qualitative research, synthesize and summarize findings, and suggest opportunities for future research. We conclude with a recommendation for developing qualitative studies in business ethics and a call for an increased openness when considering this valuable and underrepresented strategy of inquiry.

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Section: Discussion Of Major Thematic Findingsmentioning

confidence: 99%

The human experience of ethics: a review of a decade of qualitative ethical decision‐making research

Lehnert

Craft

Singh

et al. 2016

Business Ethics: A European Review

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“…Due to nepotism, highly talented employees with knowledge and experience in R&D may leave and talented individuals from outside the firm may hesitate to join [55]. Concentrated ownership structures are very common in Japanese family controlled business groups and are arranged to enhance the family members' collective economic welfare [56,57].…”

Section: Family Controlmentioning

confidence: 99%

Family Control and Corporate Innovation in Stakeholder-Oriented Corporate Governance

Sakawa

Watanabel

2021

Sustainability

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This study investigates the effects of family control on corporate innovation activity in publicly traded firms in Japan under stakeholder-oriented corporate governance. In a sample of 14,991 firm-year observations in publicly traded firms in Japan during the period 2007 to 2016, we tested whether family owners or board members are enhancing research and development investments. While theoretical perspectives of principal–principal conflicts generally assume a negative relationship between family control and research and development intensity, we find a positive relationship, which supports the stewardship theory perspective. Additionally, we find that main bank ownership positively moderates the relationship between family control and research and development, suggesting that the main bank could affect the decision-making of family board members in the long-term. This result is supported by the close relationships between the main bank and client firms. Furthermore, our study reveals that the shareholder orientation of foreign shareholders suppresses family board members’ long-term orientation. We conclude that the exploitation presumed by principal–principal conflict perspectives has not been thoroughly investigated in Japan’s stakeholder-oriented corporate governance system.

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“…Consequently, it is not surprising that prior studies examining the causes of corruption have focused on the cultural background and institutions of different societies (Lopez & Santos, 2014). Despite considerable interest in the influence of institutional factors on corruption, prior studies have focused exclusively on the direct effect on corruption of either corporate governance (CG) or culture, with mixed results (dela Rama, 2012; Gelbrich, Stedham, & Gathke, 2016; Hageman & Alon, 2017; Husted, 1999; Lopez & Santos, 2014; Seleim & Bontis, 2009; Wu, 2005). Little systematic attention has been given to the combined effects of both culture and CG on corruption.…”

Section: Introductionmentioning

confidence: 99%

National culture, corporate governance and corruption: A cross‐country analysis

et al. 2020

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Drawing on institutional theory, we examine the impact of corporate governance (CG) on corruption. The interaction effects of national culture and CG on corruption are also examined. By employing a dataset of 149 countries, our baseline findings indicate that the quality of CG practices reduces the level of corruption. Findings also show that three cultural dimensions, namely, power distance, individualism and indulgence moderate the CG-corruption nexus. Our findings indicate that CG and national culture explain the level of corruption among societies, with national culture appearing to matter more than the quality of CG. Our findings remain unchanged after controlling for endogeneities, country-level factors, CG and corruption proxies.

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Corporate Governance and Corruption: Ethical Dilemmas of Asian Business Groups

Cited by 58 publications

References 41 publications

The human experience of ethics: a review of a decade of qualitative ethical decision‐making research

The human experience of ethics: a review of a decade of qualitative ethical decision‐making research

Family Control and Corporate Innovation in Stakeholder-Oriented Corporate Governance

National culture, corporate governance and corruption: A cross‐country analysis

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