Corporate Governance: Volume 19 Issue 5

Shareholder primacy corporate governance and financial market growth

Navajyoti Samanta, Andrew Johnston

Convergence to shareholder primacy corporate governance: evidence from a leximetric analysis of the evolution of corporate governance regulations in 21 countries, 1995-2014

Navajyoti Samanta

For the past two and half decades, there has been a marked shift in the corporate governance regulations around the world. The change is more remarkable in developing countries…

Transplantation of Anglo-American corporate governance and its impact on financial market growth: a comparative analysis of nineteen developing countries 1995-2014

Navajyoti Samanta

Since the late 1990s, developing countries have been encouraged by international financial organisations to adopt a shareholder primacy corporate governance model. It was…

Changes in corporate governance in Kazakhstan and its impact on financial market growth: an empirical analysis (1991-2017)

Abzal Temirbayev, Alikhan Abakanov

Since its independence, Kazakhstan has been improving its corporate governance system according to recommendations of international organizations. It was promised that the…

Evolution of corporate governance in India and its impact on the growth of the financial market: an empirical analysis (1995-2014)

Shouvik Kumar Guha, Navajyoti Samanta, Abhik Majumdar, Mandeep Singh, Ananya Bharadwaj

The past few decades have seen a gradual convergence in corporate governance norms the world over, entailing a discernible shift towards shareholder primacy models. It holds…

Does regulation matter? Changes in corporate governance in China and its impact on financial market growth: an empirical analysis (1995-2014)

Ding Chen, Navajyoti Samanta, James Hughes

Over the past two decades, China’s stock market has experienced rapid growth. This period has seen the transplantation of many “OECD principles of corporate governance” into the…

The evolution of the monitoring board in Japan: how the board performs monitoring function in Japanese corporate governance

Kohei Miyamoto

The purpose of this paper is to trace a legal evolution of the monitoring board and to reveal what brought the evolution and what is expected to emerge. The paper points to unique…

The normative evolution of corporate governance in the UK: an empirical analysis (1995-2014)

Stefanie Pletz, Joan Upson

This paper aims to analyse normative corporate governance evolution in the UK between 1995 and 2014 against the benchmark of Organisation for Economic Co-Operation and Development…

Evolution of German corporate governance (1995-2014): an empirical analysis

Andreas Rühmkorf, Felix Spindler, Navajyoti Samanta

This paper aims to address the evolution of corporate governance in Germany with a particular regard to whether there can be observed a gradual convergence to a shareholder…

A theoretical and econometric evaluation of corporate governance and capital structure in JSE-listed companies

Navitha Singh Sewpersadh

A vital resource for attracting investments and boosting economic growth is compliance with corporate-governance practices. To achieve firm growth, businesses often rely on…

Foreign investors? The effects of the property structure and legal system as mechanisms of corporate governance in Brazilian regulated companies

Ruan Carlos dos Santos, Lidinei Éder Orso, Mônica Cristina Rovaris Machado, Antonia Márcia Rodrigues Sousa

This paper aims to contribute to research on corporate governance in regulated sectors, with emphasis in the field of activity of foreign investors through the ownership structure…

Corporate governance and payout policy: evidence from India

Monika Rajput, Shital Jhunjhunwala

The purpose of this paper is to study the impact of ownership structure and corporate governance on dividend policy in emerging markets, like India. The study also analyses the…

Country-level corporate governance and foreign direct investment in Africa

Otuo Serebour Agyemang, Christopher Gbettey, John Gartchie Gatsi, Innocent Senyo Kwasi Acquah

The purpose of this study is to examine the link between country-level corporate governance and foreign direct investment in African economies for the period 2009-2015.