Corporate governance practices and comprehensive income

López-Quesada, Erika; Miñano, María del Mar Camacho; Idowu, Samuel Ο.

doi:10.1108/cg-01-2017-0011

Cited by 15 publications

(17 citation statements)

References 72 publications

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“…Malik and Makhdoom (2016) indicate a positive correlation between the percentage of external directors and financial performance. Recent evidence reveals the negative impact of the number of board meetings (López -Quesada et al, 2018;Malik & Makhdoom, 2016;Rodriguez-Fernandez et al, 2014) and the number of board members (Malik & Makhdoom, 2016) on corporate performance. Other studies focused on the beneficial role of stakeholders and corporate social responsibility (CSR) (Barnett & Salomon, 2012;Berman et al, 1999;Berrone et al, 2007;Choi & Wang, 2009;Harrison & Wicks, 2013;Pekovic & Vogt, 2020).…”

Section: Literature Insightsmentioning

confidence: 99%

The Effects of Corporate Governance Practices on Firm-Level Financial Performance: Evidence From Borsa Istanbul Xkury Companies

Saygılı

Țaran

2021

Journal of Business Economics and Management

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Corporate governance (CG) is a fundamental criteria for enhancing investors’ and stakeholders’ trust, relatively recently recognized in emerging markets. This study investigates the effects of CG practices on the firm-level financial performance of Borsa Istanbul XKURY-indexed companies during 2007–2019. Four specific aspects of CG are analysed: shareholders’ rights, public disclosure and transparency, stakeholders’ rights, and board of directors functioning, as defined by the Turkish Code of Corporate Governance, in line with international principles of CG issued by OECD. Alternative estimations of panel regression analysis indicate a positive association between stakeholder-oriented governance practices and firm-level financial performance expressed by accounting measures for both financial and non-financial companies. Shareholder protection policies have a negative influence on accounting-based performance, especially for non-financial industries, whereas the corporate practices related to board of directors and public disclosure vary between financial and non-financial entities. These findings contribute to international research on CG implications for emerging markets, providing evidence about the importance of stakeholders’ protection and the distinctive effects of CG dimensions for corporate financial performance.

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Section: Literature Insightsmentioning

confidence: 99%

The Effects of Corporate Governance Practices on Firm-Level Financial Performance: Evidence From Borsa Istanbul Xkury Companies

Saygılı

Țaran

2021

Journal of Business Economics and Management

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“…They include information about the members of PHEOs boards and can, therefore, be called representations in the PHEO boards. Some studies analyze the impacts of boards on organizational activities, identifying that their composition reflects on the social behavior of organizations [132][133][134]. This composite indicator demonstrates that stakeholders understand the importance of counselors in the PHEOs governance system, just as with corporations.…”

Section: Composite Indicators Extractionmentioning

confidence: 99%

“…This composite indicator demonstrates that stakeholders understand the importance of counselors in the PHEOs governance system, just as with corporations. In the reviewed studies, information about the boards is contained in the category of organization's governance [3,59,134].…”

Section: Composite Indicators Extractionmentioning

confidence: 99%

Priority Stakeholders’ Perception: Social Responsibility Indicators

2021

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This study aims to build a list of composite indicators by information that enable the assessment of philanthropic higher education organizations’ (PHEOs) social responsibility based on the interests of their stakeholders. A list of 88 social responsibility indicators was built based on a literature review and stakeholder interest to serve as a basis for the composite indicators. In order to identify and validate the indicators, field research was carried out. Stakeholders from Brazil and the United Kingdom scored them from one (not important) to five (very important) for each indicator identified in the literature review. With 540 valid answers, they suggested inclusions and exclusions according to their interests. Next, a correlation analysis was performed to identify and eliminate redundant indicators. The principal component analysis extracted the composite indicators. The results point to 11 principal components that are configured as composite indicators to evaluate the performance of PHEOs social responsibility considering the stakeholder’s interests, a factor that differentiates this research from the literature revision done. Some of the composite indicators are close to the social responsibility categories reviewed in the literature. However, others show more specific and in-depth interests, especially regarding the stakeholders themselves. These composite indicators help managers establish disclosure policies whenever they are focused on seeking legitimacy in the social context of PHEOs. It also contributes to the advancement of theoretical knowledge, presenting composite indicators, from the stakeholder’s perspective, for the disclosure of social responsibility of PHEOs.

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“…According to Soujata (2018), most respondents acknowledge the positive impact of good CG in the daily operations of their organizations. Many authors affirm that CG is positively and significantly related to a firm's performance (Brown & Caylor, 2004;Grace, Vincent, & Evans, 2018;López-Quesada, Camacho-Miñano, & Idowu, 2018;Ramachandra & Rathish Bhatt 2017;Garcia-Castro, Aguilera, & Ariño, 2013). CG also has to do with shareholders (Organization for Economic Cooperation and Development [OECD], 2015;Ethos, 2006;IQNET 10, 2015;Srivastava, Das, & Pattanayak, 2018;Rayman-Bacchus, 2004), control (Ethos, 2006;IQNET 10, 2015;Rayman-Bacchus, 2004), management (Ethos, 2006;Srivastava et al, 2018;Rayman-Bacchus, 2004), rules (IQNET 10, 2015;Srivastava et al, 2018;Rayman-Bacchus, 2004), and accountability (IQNET 10, 2015;Rayman-Bacchus, 2004).…”

Section: Introductionmentioning

confidence: 99%

Relationship between corporate governance and social responsibility: Evidenced in mining companies

Sáenz

Romero²

2019

Corp Soc Responsibility Env

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The objectives of this research are to determine the topics that corporate governance (CG) and social responsibility (SR) have in common, to find which of the topics in common are found only in CG reports, and to find which of the topics in common are found in both CG and SR reports. To meet the objectives, a content analysis was prepared based on a literature review, from which a CG and SR Model Questionnaire table of topics and subtopics in common was compiled. From there, the annual reports, CG reports, and SR reports of 26 main mining companies, all members of the International Council on Mining and Metals, were analyzed. The results showed that 21.52% of topics in common were mentioned in both CG and SR reports, 19.51% were disclosed in CG reports but not in SR reports, and 28.20% were found exclusively in SR reports.

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Corporate governance practices and comprehensive income

Cited by 15 publications

References 72 publications

The Effects of Corporate Governance Practices on Firm-Level Financial Performance: Evidence From Borsa Istanbul Xkury Companies

The Effects of Corporate Governance Practices on Firm-Level Financial Performance: Evidence From Borsa Istanbul Xkury Companies

Priority Stakeholders’ Perception: Social Responsibility Indicators

Relationship between corporate governance and social responsibility: Evidenced in mining companies

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