Employment Protection, Corporate Governance, and Labor Productivity around the World

2021 ◽  
Author(s):  
Guangzhong Li ◽  
Keishi Fujiyama ◽  
Cen Wu ◽  
Ying Zheng
Keyword(s):  
Corporate Governance ◽  
Labor Productivity ◽  
Employment Protection ◽  
The World

The big bath of demonetization in India: strike on black money for corporate governance

2018 ◽  
Vol 21 (4) ◽  
pp. 594-600 ◽  
Author(s):  
Sandeep Goel
Keyword(s):  
Corporate Governance ◽  
Design Methodology ◽  
Content Type ◽  
Positive Effects ◽  
Corporate World ◽  
The World ◽  
Future Improvement ◽  
Policy Measures ◽  
The Government ◽  
Practical Implications

Purpose This paper aims to focus on the concept of abolition of black money and the demonetization movement started in India for cleaning black money and its impact on corporate world and Indian economy. It discusses the corporate governance effect of the demonetization scheme and various policy measures taken by the government to unearth and curb the black money in the country. It also states the challenges in its process of implementation and implications for future. Design/methodology/approach It appraises and reviews the concept of demonetization and its process in India since its implementation on November 8, 2016. Findings The biggest positive effects of this move were eradication of stocked and staked up money, cleansing of the financial system and improving governance in India. But its implementation had mix outcomes with its own challenges for future improvement. Practical implications The lessons drawn from the experience are expected to pave way for the countries at large. Originality/value It is an original paper on demonetization in India, and it is hoped that the lessons learnt thereof will pave the way for the world at large.

scholarly journals Board Diversity: More Than a Gender Issue?

2015 ◽  
Vol 20 (1) ◽  
pp. 123 ◽  
Author(s):  
Michael Adams
Keyword(s):  
Corporate Governance ◽  
Gender Diversity ◽  
Governance Structure ◽  
Share Price ◽  
Corporate Boards ◽  
Board Diversity ◽  
The World ◽  
The Usa ◽  
The 1960S ◽  
The Right

There has been extensive research conducted on the importance of corporate governance around the world. The research seems to demonstrate that, regardless of whether corporations are based in common law or civil code systems, their longevity and sustainability arise from good corporate governance. However, the evidence does not clearly demonstrate a correlation between a particular organisation’s governance structure and practices and its share price. Around the world the question of board diversity is gaining in importance. The beginning of the debate in the 1960s centred on gender. While it is essential to conduct a debate on gender diversity, other aspects of diversity should also be considered. Race, culture and even age may have a direct impact on the performance of a board. Australian companies, particularly those listed on the ASX, have a poor record of instituting any type of diversity. The USA and European Union have a much wider range of policies to promote diversity on corporate boards. The key question is how best to regulate to promote diversity across gender, race, culture and age. The historical approach of regulating diversity by setting targets and requiring disclosure does not seem to have delivered substantial change. Is it the right time to impose mandatory requirements, or are there other alternative strategies? Without doubt change is required, but there will be opposition.

scholarly journals Guest Editorial Governance and ethics: an indispensable relationship

2008 ◽  
Vol 3 (3) ◽  
Author(s):  
Anona Armstrong
Keyword(s):  
Corporate Governance ◽  
Business Ethics ◽  
Guest Editorial ◽  
Securities Market ◽  
Unethical Conduct ◽  
The World ◽  
Financial Scandals ◽  
Regulations And Guidelines

One of the fascinating questions of our time is why, when so much effort has gone into implementing corporate governance guidelines and raising the awareness of business ethics, stories of unethical conduct and poor governance continue to emerge on the front pages in our newspapers. Around the world financial scandals continue to occur and each time seekers of an antidote to the latest disaster call for more governance. This was evident after the 1987 securities market collapses when the Cadbury Committee and the OECD (Cadbury 1992; OECD 1999) were among many organisations which were to introduce governance regulations and guidelines over the next decade, and it is again prominent today.

scholarly journals Steven Mann’s “Chaos Theory” and Corporate Governance

Upravlenie ◽  
2017 ◽  
Vol 5 (1) ◽  
pp. 72-79 ◽  
Author(s):  
Савченко ◽  
A. Savchenko
Keyword(s):  
Corporate Governance ◽  
Chaos Theory ◽  
External Environment ◽  
The World ◽  
The Individual

The article considers the problem of analysis of the external environment of the organization on the basis of the views of Steven Mann’s “theory of controlled chaos”. The use of “chaos theory” allows us to re-evaluate the dynamics of the external environment and to understand the nature of some processes in the world market. “Chaos Theory” is not opposed to the theory of management, but complements it explaining the nonlinearity of the environment and the individual causes of socio-economic viruses.

scholarly journals Creditor-Focused Corporate Governance: Evidence from Mergers and Acquisitions in Japan

2011 ◽  
Vol 46 (4) ◽  
pp. 1051-1072 ◽  
Author(s):  
Vikas Mehrotra ◽  
Dimitri van Schaik ◽  
Jaap Spronk ◽  
Onno Steenbeek
Keyword(s):  
Corporate Governance ◽  
Mergers And Acquisitions ◽  
Dominant Role ◽  
Sharp Contrast ◽  
Distinctive Features ◽  
Target Firms ◽  
The World ◽  
Main Bank ◽  
The U.S

AbstractMergers in Japan have the dubious distinction of not creating wealth for shareholders of target firms, in sharp contrast to what occurs in much of the rest of the world. Using a sample of 91 mergers from 1982 through 2003 we document several distinctive features of the merger market in Japan: Mergers tend to be countercyclical and appear to be driven chiefly by creditor concerns. In particular, where the merging firms share a common main bank, we find that merger gains are lower. Overall, our results point to a market that is distinctly less shareholder focused than that in the U.S., and a market where creditors play an important, perhaps dominant, role in corporate governance.

Influence of Crisis on Employment and Unemployment

2012 ◽  
pp. 27-38
Author(s):  
N. Goffe
Keyword(s):  
Labor Markets ◽  
Labor Productivity ◽  
Industrial Composition ◽  
The World ◽  
Main Factors ◽  
Cross Country

The article deals with the dynamics of the major indicators of labor markets in the major macro-regions of the world, particularly the rates of employment and unemployment. The author analyses the main factors of cross-country variations in reactions of labor markets to the crisis. In the first place, the following indicators are considered: the dynamics of GDP, the industrial composition of the economy, the duration of recession, the labor productivity, the level of rigidity specific to the national labor market’s regulation.

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