Affiliated Agents, Boards of Directors, and Mutual Fund Securities Lending Returns

This article studies the gender composition of corporate boards of Russian companies, including its relation to company performance. The analysis is based on a unique longitudinal dataset of virtually all Russian companies whose shares were traded on the stock market in 1998-2014. It shows a relatively small representation of women, just 12% of all the seats, while about 40% of the companies did not have any female director. At the same time, both the share of companies that appoint female directors and the share of female directors on boards show a clear upward trend. The econometric analysis suggests a positive link between the presence of female directors on boards and company performance, especially when firms appoint several, rather than one, female directors.

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The World Economic Forum Principles on "Climate Governance on Corporate Boards": can soft law help to face climate change around the world?

CORPORATE GOVERNANCE AND RESEARCH & DEVELOPMENT STUDIES ◽

10.3280/cgrds1-2019oa8509 ◽

2020 ◽

pp. 37-55

Author(s):

Sabrina Bruno

Keyword(s):

Climate Change ◽

South Africa ◽

Comparative Analysis ◽

Boards Of Directors ◽

Soft Law ◽

Corporate Boards ◽

World Economic Forum ◽

Financial Factor ◽

The World ◽

World Economic

Climate change is a financial factor that carries with it risks and opportunities for companies. To support boards of directors of companies belonging to all jurisdictions, the World Economic Forum issued in January 2019 eight Principlescontaining both theoretical and practical provisions on: climate accountability, competence, governance, management, disclosure and dialogue. The paper analyses each Principle to understand scope and managerial consequences for boards and to evaluate whether the legal distinctions, among the various jurisdictions, may undermine the application of the Principles or, by contrast, despite the differences the Principles may be a useful and effective guidance to drive boards' of directors' conduct around the world in handling climate change challenges. Five jurisdictions are taken into consideration for this comparative analysis: Europe (and UK), US, Australia, South Africa and Canada. The conclusion is that the WEF Principles, as soft law, is the best possible instrument to address boards of directors of worldwide companies, harmonise their conduct and effectively help facing such global emergency.

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The Study of the Determinants Affecting the Performance of Mutual Funds in Indiaequity Mutual Fund

The Management Accountant Journal ◽

10.33516/maj.v54i5.58-64p ◽

2019 ◽

Vol 54 (5) ◽

pp. 58

Author(s):

Preeta Sinha ◽

Tamal Taru Roy ◽

Debi Prasad Lahiri

Keyword(s):

Mutual Funds ◽

Mutual Fund

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