Corporate governance and investment sensitivity to policy uncertainty in Brazil

Caixe, Daniel Ferreira

doi:10.1016/j.ememar.2021.100883

Cited by 19 publications

(7 citation statements)

References 86 publications

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“…A company's risk can be reduced through diversification and hedging actions and transferred to third parties who are prepared to cover it through insurance, factoring and underwriting (Kuo, Lin, & Chien, 2021). The dominant emigrants choose risky investments in terms of taking over minority shareholders, and stricter governance mechanisms can help mitigate this opportunistic behavior (Caixe, 2021). As a newly formed subcommittee of the board of directors, a risk management committee (RMC) serves as an important governance support mechanism for the oversight of an organization's risk management strategies, policies and processes.…”

Section: Risk Management and Preventing Fraudulent Financial Reportingmentioning

confidence: 99%

Risk Management and other Factors Preventing Fraudulent Financial Reporting by State-Owned Enterprises in Indonesia

Novatiani

Afiah

Sumantri

2022

5002

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This study aims to provide an overview of the effects of risk management and the implementation of good corporate governance (GCG), and the effectiveness of the internal audit function on the prevention of fraudulent financial reporting and its impact on the quality of financial reporting of state-owned enterprises (SOEs) in Indonesia. Questionnaires are used to determine risk management and other factors that influence each other and their impact on the quality of financial reporting. The questionnaire and survey results of 90 state-owned enterprises (BUMN) and 360 respondents. SEM-PLS was used to analyze the data, and the results show that the implementation of GCG, the effectiveness of the internal audit function and risk management have an effect on financial reporting. This is based on the results of research stating that the effectiveness of the internal audit function is able to prevent financial reporting fraud. The professionalism of the internal auditor, who must carry out audits in a correct and professional manner, demonstrates their credibility. This, and audit training, is often not optimal.

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Section: Risk Management and Preventing Fraudulent Financial Reportingmentioning

confidence: 99%

Risk Management and other Factors Preventing Fraudulent Financial Reporting by State-Owned Enterprises in Indonesia

Novatiani

Afiah

Sumantri

2022

5002

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“…It is suspected that governance work should be protected and facilitate the control of the rights of owners. The work of corporate governance must be able to ensure equal treatment to all owners (Caixe, 2021). Owners should have the opportunity to obtain an effective substitute for damages for violations of the rights of saham holders (Tsolakis et al, 2021).…”

Section: Governancementioning

confidence: 99%

The Influence of Leadership and Organizational Culture Mediated by Organizational Climate on Governance at Senior High School in Batam City

Nabella¹,

Rivaldo²,

Kurniawan

et al. 2022

JESR

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The success of a Senior High School is directly determined by the quality of education and and the management system developed can guarantee the development of academic freedom and scientific autonomy. The purpose of this research is expressly useful to find out the extent to which the leadership and culture of the organization through the organizational climate affects the governance of Senior High School in Batam City. Includes causal research and the used in this study is a survey method. The population within the range of research is a teacher at Batam City Senior High School which numbers as many as 320 people. The number of samples was obtained as many as 178 people with a random sampling approach. This study uses path analysis whose data is processed using the SPSS program version 25. The study's findings suggest that there is a direct influence of leadership and organizational culture on organizational climate and governance. It is indirectly through the organizational climate that the leadership and culture organization has no effect on governance and this research can help and guide the current management of resources. Received: 19 June 2022 / Accepted: 15 August 2022 / Published: 2 September 2022

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“…Moreover, EPU implies increased policy ambiguity for venture capitalists, which leads to an increase in investors' investment sensitivity, relying more on their own technical judgment than on following the policy pace. Investors are more likely to notice investment details that they would not have noticed if the policy was clear, and thus they are able to increase investment efficiency [43]. In addition, although information asymmetry can also lead to insufficient information about investments in the market, which makes it difficult for venture capitalists to grasp the current investments [23], VCs are usually able to compensate for this through coinvestment strategies.…”

Section: Literature Review and Research Hypothesesmentioning

confidence: 99%

Effects of Economic Policy Uncertainty on the Investment Behavior of Venture Capital Institutions: Evidence from China

Liao

Zhang

2022

Complexity

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Venture capital (VC) has played an important financial supplementary role in the development of high-tech enterprises. With the intensification of economic policy uncertainty, VC investment behavior has been affected to a certain extent. Under the framework of the impact of economic policy uncertainty (EPU) on general corporate investment behavior, this article examines the impact of EPU on the investment behavior of VC institutions from four aspects, namely, investment quantity, investment phase, investment industry, and investment region. The study finds that in China, EPU has a good news effect, and its intensification can boost the investment quantity of VC institutions and stimulate institutions to choose more specialized investment strategies in terms of investment phase, investment industry, and investment region. The impact of EPU on the investment behavior of VC institutions changes with the investment state of the institutions. The larger the investment quantity of the VC institutions, the greater the promotion effect. VC institutions with a higher degree of investment concentration will pay more attention to specialized investment strategies.

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Corporate governance and investment sensitivity to policy uncertainty in Brazil

Cited by 19 publications

References 86 publications

Risk Management and other Factors Preventing Fraudulent Financial Reporting by State-Owned Enterprises in Indonesia

Risk Management and other Factors Preventing Fraudulent Financial Reporting by State-Owned Enterprises in Indonesia

The Influence of Leadership and Organizational Culture Mediated by Organizational Climate on Governance at Senior High School in Batam City

Effects of Economic Policy Uncertainty on the Investment Behavior of Venture Capital Institutions: Evidence from China

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