Meta‐analyses on Contemporary Corporate Governance

PurposeThe purpose of this paper is to summarize the key findings of meta-analyses in accounting, auditing and corporate governance research.Design/methodology/approachA structured literature review on 63 meta-analyses related to financial accounting, management accounting, auditing, and corporate governance is conducted.FindingsMost of the previous meta-analyses have been focused on the topic of corporate governance with a clear focus on board composition as an independent variable and by integrating research- and country-specific moderating variables. Meta-analyses in management accounting are rare; furthermore, no meta-analysis in tax accounting has been published yet.Originality/valueMeta-analyses on these topics are expected to become increasingly important in the following years because of the increased number of empirical quantitative research. This literature review gives useful insights for research, practice and regulation.

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Class action suits by shareholders in India

Journal of Financial Crime ◽

10.1108/jfc-09-2015-0052 ◽

2016 ◽

Vol 23 (2) ◽

pp. 414-426

Author(s):

Dishi Bhomawat

Keyword(s):

Corporate Governance ◽

Class Action ◽

Indian Government ◽

Content Type ◽

News Reports ◽

The Past ◽

Class Action Suits ◽

Indian Law ◽

Meta Analyses ◽

Practical Implications

Purpose As a part of the overhaul of the corporate governance norms, the Indian Government recently introduced class action suits for shareholders in India. This paper aims to analyze the efficacy of the existing legislation in its present form. It also examines whether the Indian law is equipped to handle the globalized markets, wherein shareholders are spread across different continents. Design/methodology/approach The paper relies on meta-analyses. This study analyzes the existing case laws, news reports and legislative materials. Findings The author, through her analyses, has concluded that the introduction of class action suits into the Indian corporate governance regime is only a half-hearted attempt. The Indian lawmakers have failed to learn from their foreign counterparts. There are no provisions to deter frivolous litigation. Furthermore, it is contentious whether the Indian law will be able to cater to transnational class action suits. Originality/value This paper is original. There is a scarcity of literature on Indian corporate governance norms. This paper examines the very nascent concept of class action suits in India. India has become an investment hub in the past decade. Therefore, this paper has practical implications in understanding the Indian legal setup, in comparison to its foreign counterparts.

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Culture, profitability, non-financial reporting and a meta-analysis

Meditari Accountancy Research ◽

10.1108/medar-04-2015-0020 ◽

2015 ◽

Vol 23 (3) ◽

pp. 322-330 ◽

Cited By ~ 10

Author(s):

Warren Maroun

Keyword(s):

Corporate Governance ◽

Financial Reporting ◽

Meta Analysis ◽

Fair Value ◽

Content Type ◽

Financial Measures ◽

Moderating Variables ◽

Environmental Disclosures ◽

Social Environmental ◽

Meta Analyses

Purpose – This paper aims to highlight key limitations of meta-analyses (and the underlying research) dealing with the correlation between corporate social environmental disclosures (CESDs) and financial measures, using cultural characteristics as moderating variables. Design/methodology/approach – This paper takes the form of a review. It discusses a research paper published in the current issue of Meditari Accountancy Research, identifies general limitations of meta-analyses and makes recommendations. Findings – Several issues need to be taken into account by meta-analyses examining the correlation between CESD and financial measures over long periods of time. These include the effect of different accounting standards, the implications of the increasing use of fair value measures, the relevance of the users of corporate reports and the importance of corporate governance systems. Originality/value – The review contributes to the debate on the need for methodological and theoretical eclecticism when it comes to corporate governance research. Positivist techniques have their role to play, but these must be complemented by interpretive and critical analysis to provide a balanced account of the development and relevance of CSED.

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Meta-analyses on Corporate Social Responsibility (CSR): a literature review

Management Review Quarterly ◽

10.1007/s11301-021-00211-2 ◽

2021 ◽

Author(s):

Patrick Velte

Keyword(s):

Corporate Governance ◽

Corporate Social Responsibility ◽

Literature Review ◽

Social Responsibility ◽

Positive Impact ◽

Business Case ◽

Future Research ◽

Financial Consequences ◽

Meta Analyses ◽

Corporate Social

AbstractThis paper addresses quantitative meta-analyses on corporate governance-related determinants and firms’ (non) financial consequences of Corporate Social Responsibility (CSR). Legitimacy theory as our theoretical framework assumes that, through a social contract, a company must fulfil the respective society’s values and expectations and gain legitimacy. We also rely on the business case argument, assuming a positive relationship between CSR and financial outcomes of the firm. This analysis focusses on 54 quantitative meta-analyses on CSR and includes a structured literature review in order to increase our knowledge, which corporate governance variables and proxies of firm’s (non) financial outcome have been heavily included in archival research, and if there is an overall impact of these variables. Prior meta-analyses indicate that board independence, board gender diversity, and board size have a positive impact on CSR performance. Moreover, both CSR performance and environmental performance increase financial performance. This literature review makes a useful contribution to prior studies by summarizing the overall impact of corporate governance variables on CSR and their (non) financial consequences and by deducing recommendations for future research.

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Gender Diversity in the Boardroom: Raising Questions About the "Comply or Explain" Model and Targets in Canada

Western Journal of Legal Studies ◽

10.5206/uwojls.v9i2.8073 ◽

2019 ◽

Vol 9 (2) ◽

Author(s):

Rima Halabi

Keyword(s):

Corporate Governance ◽

Boards Of Directors ◽

Gender Diversity ◽

Business Case ◽

Gender Disparity ◽

Publicly Traded ◽

Publicly Traded Companies ◽

Representation Of Women ◽

Meta Analyses ◽

Comply Or Explain

Effective corporate governance requires diversity in perspectives. Nevertheless, gender disparity continues to be a long-standing and prevalent problem on Canadian boards of directors and in executive roles. A “business case” argument that asserts that diverse leadership achieves better financial results has been put forward in support of rectifying gender disparity; however, recent meta-analyses research denies the validity of the “business case” argument. This paper argues that conclusions regarding the invalidity of the business case should be approached with caution. In 2014, securities regulators in Canada implemented amendments to Form 58-101F1 Corporate Governance Disclosure in order to address gender diversity. Unfortunately, progress has been slow because the new diversity disclosure rules are not based on a true “comply or explain” model. This paper argues that securities regulators should require publicly traded companies to adopt a policy relating to the representation of women on their boards. Furthermore, this policy should include a target percentage, chosen by the company, for women on a company’s board of directors and in their executive officer positions.

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