Pub Date : 2022-12-01DOI: 10.1177/09746862221129339
Md. Shajul Islam, M. K. Hossain
This study examines the effects of corporate governance mechanisms on climate change disclosure in Bangladeshi-listed banks. The corporate governance mechanisms used in the study were board size, board meetings, board independence, audit committee size, audit committee independence and audit committee meetings. A climate change disclosure index (CCDI) was developed to assess the sample banks’ climate change disclosures. From 2013 to 2018, data on climate change disclosures and corporate governance mechanisms were collected from the annual reports of all 30 listed banks. Employing a feasible GLS (FGLS) model for panel data, the findings demonstrated that increasing audit committee meetings, independent directors on the board and audit committee size positively and significantly increased climate change disclosures of listed banks in Bangladesh. Unlike prior climate change research on listed banks in Bangladesh, this study has included the audit committee attributes and the sponsor-directors’ ownership as determinants of climate change disclosures. This research offered a novel viewpoint on the significant positive impact of sponsor-directors’ ownership on climate change information disclosure. These findings have practical implications for governments, regulatory authorities, investors, green groups and other organisations working on climate change issues in the country.
{"title":"Effects of Corporate Governance Mechanisms on Climate Change Disclosures: Evidence from Listed Banks in an Emerging Economy","authors":"Md. Shajul Islam, M. K. Hossain","doi":"10.1177/09746862221129339","DOIUrl":"https://doi.org/10.1177/09746862221129339","url":null,"abstract":"This study examines the effects of corporate governance mechanisms on climate change disclosure in Bangladeshi-listed banks. The corporate governance mechanisms used in the study were board size, board meetings, board independence, audit committee size, audit committee independence and audit committee meetings. A climate change disclosure index (CCDI) was developed to assess the sample banks’ climate change disclosures. From 2013 to 2018, data on climate change disclosures and corporate governance mechanisms were collected from the annual reports of all 30 listed banks. Employing a feasible GLS (FGLS) model for panel data, the findings demonstrated that increasing audit committee meetings, independent directors on the board and audit committee size positively and significantly increased climate change disclosures of listed banks in Bangladesh. Unlike prior climate change research on listed banks in Bangladesh, this study has included the audit committee attributes and the sponsor-directors’ ownership as determinants of climate change disclosures. This research offered a novel viewpoint on the significant positive impact of sponsor-directors’ ownership on climate change information disclosure. These findings have practical implications for governments, regulatory authorities, investors, green groups and other organisations working on climate change issues in the country.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"170 - 196"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43076136","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-01DOI: 10.1177/09746862221142332
Akshatha Jain, Prateek Jain
The increased awareness surrounding health is a significant factor contributing to the trend of health awareness. People are showing extra care with changing lifestylesleading to more proactive care toward their health. There was an immense need to fill this gap. The founders of Healthians, India’s most trusted diagnostics, sensed this need and converted that into a successful business model. This article analyses Healthians governance and brand strategy making it one of the largest players in the Indian market. The article begins by describing the initial journey of Healthians and its founder. The article also highlights the financial strategy of the company along with the funding details. The industry analysis had also been done along with an analysis of major players in the diagnostic industry, followed by a discussion on the expansion strategy of the company. The business model, corporate governance, and marketing strategy of the company have been discussed in detail, followed by the brand strategy, in order to derive useful learning from the journey of this company. Adequate discussion on the products of the company had been done, along with the mentioning opportunities waiting to be explored by the company. With the highest competitive and volatile market of the healthcare industry, this company ensures that the highest standards in corporate governance and business ethics are being followed in the company. The article concludes with some dilemmas being faced by the company which may decide its future course of action and the various alternatives available to the company.
{"title":"Effective Marketing and Corporate Governance Contribute to Entrepreneurial Success: Case Study of India’s Most Trusted Diagnostics—Healthians","authors":"Akshatha Jain, Prateek Jain","doi":"10.1177/09746862221142332","DOIUrl":"https://doi.org/10.1177/09746862221142332","url":null,"abstract":"The increased awareness surrounding health is a significant factor contributing to the trend of health awareness. People are showing extra care with changing lifestylesleading to more proactive care toward their health. There was an immense need to fill this gap. The founders of Healthians, India’s most trusted diagnostics, sensed this need and converted that into a successful business model. This article analyses Healthians governance and brand strategy making it one of the largest players in the Indian market. The article begins by describing the initial journey of Healthians and its founder. The article also highlights the financial strategy of the company along with the funding details. The industry analysis had also been done along with an analysis of major players in the diagnostic industry, followed by a discussion on the expansion strategy of the company. The business model, corporate governance, and marketing strategy of the company have been discussed in detail, followed by the brand strategy, in order to derive useful learning from the journey of this company. Adequate discussion on the products of the company had been done, along with the mentioning opportunities waiting to be explored by the company. With the highest competitive and volatile market of the healthcare industry, this company ensures that the highest standards in corporate governance and business ethics are being followed in the company. The article concludes with some dilemmas being faced by the company which may decide its future course of action and the various alternatives available to the company.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"321 - 344"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48371999","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-01DOI: 10.1177/09746862221129334
Francis Kuriakose
This article proposes a composite indicator model called CSR index to measure corporate social responsibility practices of Indian companies. The proposed CSR index comprises three dimensions of CSR implementation, stakeholder management and sustainability, which are measured using 39 indicators. Data is collected from annual reports and business responsibility reports for top 100 companies ranked according to market capitalisation in March 2019. The final ranking using the CSR index highlights how Indian companies perform in their CSR practices beyond the legally mandated expenditure recommended by the Companies Act 2013. Robustness analysis shows that the ranking is robust with respect to input factors, data selection and data transformation. Regression modelling of select dimension scores of CSR index with exogenous variables of firm performance such as internal complaint resolution, turnover and profit shows positive correlation. The CSR index helps managers and policy makers to channelise a given company’s efforts at CSR into targeted programmes through resource allocation and monitoring, while comparing its relative performance within and across dimensions and industries.
{"title":"Measuring Corporate Social Responsibility in India: A Composite Indicator Model","authors":"Francis Kuriakose","doi":"10.1177/09746862221129334","DOIUrl":"https://doi.org/10.1177/09746862221129334","url":null,"abstract":"This article proposes a composite indicator model called CSR index to measure corporate social responsibility practices of Indian companies. The proposed CSR index comprises three dimensions of CSR implementation, stakeholder management and sustainability, which are measured using 39 indicators. Data is collected from annual reports and business responsibility reports for top 100 companies ranked according to market capitalisation in March 2019. The final ranking using the CSR index highlights how Indian companies perform in their CSR practices beyond the legally mandated expenditure recommended by the Companies Act 2013. Robustness analysis shows that the ranking is robust with respect to input factors, data selection and data transformation. Regression modelling of select dimension scores of CSR index with exogenous variables of firm performance such as internal complaint resolution, turnover and profit shows positive correlation. The CSR index helps managers and policy makers to channelise a given company’s efforts at CSR into targeted programmes through resource allocation and monitoring, while comparing its relative performance within and across dimensions and industries.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"295 - 320"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41701452","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-01DOI: 10.1177/09746862221129341
Febiriyanti Ayu Octaviani, C. Utama
Corporate hedging and environmental, social and governance (ESG) affect the transparency of a firm’s information environment because they can reduce information asymmetry and volatility of cash flow. Focus of this research investigates the impact of corporate hedging, as a risk management strategy, and ESG on stock price crash risk in Indonesian energy firms. This study finds that both hedging and ESG do not affect stock crash risk. This may be caused by a natural hedge conducted by the company. Another explanation is, most energy companies in Indonesia that use hedging do not report the proportion of the amount of hedging on the company’s financial statements. Further, this study fails to find the effect of ESG on stock crash risk. This finding corroborates Silva (2022), who states that the benefit of ESG is less effective in developing countries like Indonesia, which are characterised by weak investor protection and regulation enforcement.
{"title":"Impact of Corporate Hedging and ESG on Stock Price Crash Risk: Evidence from Indonesian Energy Firms","authors":"Febiriyanti Ayu Octaviani, C. Utama","doi":"10.1177/09746862221129341","DOIUrl":"https://doi.org/10.1177/09746862221129341","url":null,"abstract":"Corporate hedging and environmental, social and governance (ESG) affect the transparency of a firm’s information environment because they can reduce information asymmetry and volatility of cash flow. Focus of this research investigates the impact of corporate hedging, as a risk management strategy, and ESG on stock price crash risk in Indonesian energy firms. This study finds that both hedging and ESG do not affect stock crash risk. This may be caused by a natural hedge conducted by the company. Another explanation is, most energy companies in Indonesia that use hedging do not report the proportion of the amount of hedging on the company’s financial statements. Further, this study fails to find the effect of ESG on stock crash risk. This finding corroborates Silva (2022), who states that the benefit of ESG is less effective in developing countries like Indonesia, which are characterised by weak investor protection and regulation enforcement.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"149 - 169"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43812722","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper aims at identifying the probable impact of board gender diversity on the key business operational areas explored by the existing published research. Moreover, the study also emphasises exploring the role of board gender diversity in the Indian banking sector. The data from existing literature from 2000 to 2022 have been extracted from the Scopus database. By devising VOSviewer software, citation analysis and bibliographic coupling analysis were conducted to identify the influential documents, authors and journals that made significant contributions to this segment of research. According to the findings of the study, no significant research has been conducted to determine the impact of board gender diversity on various key operational aspects of the banking sector. It also discovers that the majority of the studies were carried out in European countries. The Indian context is still underexplored. The study suggests key research questions, the answers to which can be investigated by future researchers.
{"title":"Board Gender Diversity and the Indian Banking Sector: A Bibliometric Analysis","authors":"Monika Bhatia, Pritpal Singh Bhullar, Dipayan Roy, Deepak Tandon","doi":"10.1177/09746862221126337","DOIUrl":"https://doi.org/10.1177/09746862221126337","url":null,"abstract":"This paper aims at identifying the probable impact of board gender diversity on the key business operational areas explored by the existing published research. Moreover, the study also emphasises exploring the role of board gender diversity in the Indian banking sector. The data from existing literature from 2000 to 2022 have been extracted from the Scopus database. By devising VOSviewer software, citation analysis and bibliographic coupling analysis were conducted to identify the influential documents, authors and journals that made significant contributions to this segment of research. According to the findings of the study, no significant research has been conducted to determine the impact of board gender diversity on various key operational aspects of the banking sector. It also discovers that the majority of the studies were carried out in European countries. The Indian context is still underexplored. The study suggests key research questions, the answers to which can be investigated by future researchers.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"256 - 279"},"PeriodicalIF":0.0,"publicationDate":"2022-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45116874","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-09DOI: 10.1177/09746862221129342
G. Pinto, Shailesh Rastogi, Jagjeevan Kanoujiya
This article evaluates the influence of ownership structure (OS) components on dividend distribution policy in India. More precisely, it aims to comprehend the impacts of promoters’ shareholdings (PRMS), institutional investors’ shareholdings (INS) and retail investors’ shareholdings (RIS) on dividends of Indian listed companies. This article uses equity dividend divided by book value (DNW) to determine the dividend distribution policy for the selected panel of 80 listed companies for the period of 5 years (2016–2020). The static as well as dynamic panel data regression models are applied in the study. The static panel data regression results exhibit that none of the three OS explanatory variables (PRMS, INS and RIS) affect significantly the dividend distribution policy of Indian listed companies. Similar results are depicted by the dynamic panel data regression model also, thus ensuring robustness of the results. Hence, this article does not find support for agency theory, signalling theory and clientele effect. The study recommends that investors need not consider the composition of shareholding pattern of a company to have any significant influence on dividends while making their investment-decisions. The findings also add to the increasing studies across the globe evaluating the influence of OS on dividends.
{"title":"Does Ownership Structure Influence Dividend Distribution Policy in India? Evidence Using Panel Data Analysis","authors":"G. Pinto, Shailesh Rastogi, Jagjeevan Kanoujiya","doi":"10.1177/09746862221129342","DOIUrl":"https://doi.org/10.1177/09746862221129342","url":null,"abstract":"This article evaluates the influence of ownership structure (OS) components on dividend distribution policy in India. More precisely, it aims to comprehend the impacts of promoters’ shareholdings (PRMS), institutional investors’ shareholdings (INS) and retail investors’ shareholdings (RIS) on dividends of Indian listed companies. This article uses equity dividend divided by book value (DNW) to determine the dividend distribution policy for the selected panel of 80 listed companies for the period of 5 years (2016–2020). The static as well as dynamic panel data regression models are applied in the study. The static panel data regression results exhibit that none of the three OS explanatory variables (PRMS, INS and RIS) affect significantly the dividend distribution policy of Indian listed companies. Similar results are depicted by the dynamic panel data regression model also, thus ensuring robustness of the results. Hence, this article does not find support for agency theory, signalling theory and clientele effect. The study recommends that investors need not consider the composition of shareholding pattern of a company to have any significant influence on dividends while making their investment-decisions. The findings also add to the increasing studies across the globe evaluating the influence of OS on dividends.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"197 - 222"},"PeriodicalIF":0.0,"publicationDate":"2022-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43198481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-09DOI: 10.1177/09746862221126351
Shubham Singhania, R. Singh, Amit Kumar Singh, Varda Sardana
The global financial crisis of 2007–2008 highlighted the significance of sound corporate governance mechanisms to tackle risks. Numerous extremities, insolvencies and the collapse of enterprises have brought forward the need for sound risk management, effective planning and control, and the necessity to re-evaluate the governance components. Considering this, the present study aims to critically review the theoretical development and evolution of corporate governance and risk management. To this end, a bibliometric analysis of 998 peer-reviewed research articles, extracted from the Scopus database, is undertaken. The review employs bibliometric methods, such as citation analysis and co-occurrence analysis in order to uncover intellectual developments in this area, identify the trend as well as the volume of publications, point out the most influential studies, authors and journals publishing in the domain, and highlight the emerging agendas for research.
{"title":"Corporate Governance and Risk Management: A Bibliometric Mapping for Future Research Agenda","authors":"Shubham Singhania, R. Singh, Amit Kumar Singh, Varda Sardana","doi":"10.1177/09746862221126351","DOIUrl":"https://doi.org/10.1177/09746862221126351","url":null,"abstract":"The global financial crisis of 2007–2008 highlighted the significance of sound corporate governance mechanisms to tackle risks. Numerous extremities, insolvencies and the collapse of enterprises have brought forward the need for sound risk management, effective planning and control, and the necessity to re-evaluate the governance components. Considering this, the present study aims to critically review the theoretical development and evolution of corporate governance and risk management. To this end, a bibliometric analysis of 998 peer-reviewed research articles, extracted from the Scopus database, is undertaken. The review employs bibliometric methods, such as citation analysis and co-occurrence analysis in order to uncover intellectual developments in this area, identify the trend as well as the volume of publications, point out the most influential studies, authors and journals publishing in the domain, and highlight the emerging agendas for research.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"223 - 255"},"PeriodicalIF":0.0,"publicationDate":"2022-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46409984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-01DOI: 10.1177/09746862221126331
Matthews Seete
Digitisation can be considered as the continuing convergence of both real and virtual worlds by transforming data from analogue to electronic format. This has been the primary driver of innovation and change in various sectors of the economy. The exponentially growing amount of data has made it essential for firms to transform them into digital format for ensuring better flow and sharing of information across the organisation. Digitisation has been referred to as the process of converting various diverse forms of information, such as text, images, sound or voice, into an electronic format that leads to improved operations and reduced costs for firms. The research paper has discussed this digitisation process of a firm and analysed its consequent impact on the corporate governance. In this regard, various articles have been explored for the purposes of understanding how digitisation can improve or threaten corporate governance of firms. Digitisation has created some big disruptive storms some of which have resulted in a reimagined manner of doing business, affecting demand and supply principles in any company. As a result, in order to gain market confidence, businesses must establish credibility and integrity.
{"title":"The Digitisation of a Firm Process and Its Impact on Corporate Governance","authors":"Matthews Seete","doi":"10.1177/09746862221126331","DOIUrl":"https://doi.org/10.1177/09746862221126331","url":null,"abstract":"Digitisation can be considered as the continuing convergence of both real and virtual worlds by transforming data from analogue to electronic format. This has been the primary driver of innovation and change in various sectors of the economy. The exponentially growing amount of data has made it essential for firms to transform them into digital format for ensuring better flow and sharing of information across the organisation. Digitisation has been referred to as the process of converting various diverse forms of information, such as text, images, sound or voice, into an electronic format that leads to improved operations and reduced costs for firms. The research paper has discussed this digitisation process of a firm and analysed its consequent impact on the corporate governance. In this regard, various articles have been explored for the purposes of understanding how digitisation can improve or threaten corporate governance of firms. Digitisation has created some big disruptive storms some of which have resulted in a reimagined manner of doing business, affecting demand and supply principles in any company. As a result, in order to gain market confidence, businesses must establish credibility and integrity.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"280 - 294"},"PeriodicalIF":0.0,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41654524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-01DOI: 10.1177/09746862221095293
Umesh S. Mahtani
In the past few years, several companies in India have filed for bankruptcy, after facing financial distress. Investigations showed that many of these companies, which were from the infrastructure sector, had high values of related party transactions (RPTs) before and during the financial crisis. In this study, RPTs towards sales, loans or payments are analysed for these companies to assess if they have a pattern that can be an indicator of ensuing financial distress. The article develops a model for assessing financial distress with a combination of RPTs and accounting variables. The sample uses financial data from 2010 to 2016 of 18 companies facing financial distress and combines with 15 financially stable companies from the same sector. The study shows that combining RPTs and accounting variables in a model provides higher accuracy in assessing financial distress when compared to a model with accounting variables only. The study recommends that such transactions by financially unstable companies should be monitored closely by lenders and investors, to ensure there is no diversion of funds during the distress period. There are few studies in India or globally on the pattern of RPTs made by financially distressed companies.
{"title":"Financial Distress Assessment Using Related Party Transactions","authors":"Umesh S. Mahtani","doi":"10.1177/09746862221095293","DOIUrl":"https://doi.org/10.1177/09746862221095293","url":null,"abstract":"In the past few years, several companies in India have filed for bankruptcy, after facing financial distress. Investigations showed that many of these companies, which were from the infrastructure sector, had high values of related party transactions (RPTs) before and during the financial crisis. In this study, RPTs towards sales, loans or payments are analysed for these companies to assess if they have a pattern that can be an indicator of ensuing financial distress. The article develops a model for assessing financial distress with a combination of RPTs and accounting variables. The sample uses financial data from 2010 to 2016 of 18 companies facing financial distress and combines with 15 financially stable companies from the same sector. The study shows that combining RPTs and accounting variables in a model provides higher accuracy in assessing financial distress when compared to a model with accounting variables only. The study recommends that such transactions by financially unstable companies should be monitored closely by lenders and investors, to ensure there is no diversion of funds during the distress period. There are few studies in India or globally on the pattern of RPTs made by financially distressed companies.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"5 - 25"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45425496","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-01DOI: 10.1177/09746862221089060
P. Rajpurohit, P. Rijwani
This article is a structured literature review (SLR) on the role of corporate governance (CG) in ensuring/improving the quality of financial reporting (FRQ) in emerging markets and identify avenues for future research. A rigorous search strategy applied across several databases resulted in 51 articles. A detailed analytical framework is used to analyse and synthesise these articles. SLR reveals five major themes of research: regulation, comparative analysis, specificities of country, political connections, and religion. These themes are examined by the selected articles using archival data of non-financial listed firms. This SLR contributes to academia and practice by providing a comprehensive descriptive analysis of the characteristics of articles; synthesising the existing research using a detailed categorisation analysis based on a comprehensive review of themes researched, measurement of CG and FRQ, methodology used, findings and use of interaction terms; and suggesting the avenues for future research. To the best of our knowledge, this study is the first to take a detailed account of the role of CG to ensure FRQ in emerging markets.
{"title":"Corporate Governance and Quality of Financial Reporting in Emerging Markets: A Structured Literature Review","authors":"P. Rajpurohit, P. Rijwani","doi":"10.1177/09746862221089060","DOIUrl":"https://doi.org/10.1177/09746862221089060","url":null,"abstract":"This article is a structured literature review (SLR) on the role of corporate governance (CG) in ensuring/improving the quality of financial reporting (FRQ) in emerging markets and identify avenues for future research. A rigorous search strategy applied across several databases resulted in 51 articles. A detailed analytical framework is used to analyse and synthesise these articles. SLR reveals five major themes of research: regulation, comparative analysis, specificities of country, political connections, and religion. These themes are examined by the selected articles using archival data of non-financial listed firms. This SLR contributes to academia and practice by providing a comprehensive descriptive analysis of the characteristics of articles; synthesising the existing research using a detailed categorisation analysis based on a comprehensive review of themes researched, measurement of CG and FRQ, methodology used, findings and use of interaction terms; and suggesting the avenues for future research. To the best of our knowledge, this study is the first to take a detailed account of the role of CG to ensure FRQ in emerging markets.","PeriodicalId":37340,"journal":{"name":"Indian Journal of Corporate Governance","volume":"15 1","pages":"89 - 134"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45245241","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：