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Power plays: can power dynamics explain changes in corporate governance practices?
Today companies are undergoing important corporate governance transformations. Much of this effort is in response to the passage of Sarbanes-Oxley, one of the most comprehensive and stringent pieces of legislation in the history of corporate governance. Additional restrictions have been imposed by NASDAQ and the NYSE that parallel Sarbanes-Oxley. These restrictions require company boards to maintain a majority of independent directors, hold meetings without management present, and develop codes of ethics. Firms are also aware of the increased consequences for ethical lapses given the severe sentencing of the CEOs of large companies such as Tyco and WorldCom. Lastly, institutional activists continue to pressure firms to change their corporate governance practices. But a key concern remains - that of the relationship between corporate governance and financial performance.Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Academy of Management., |
|---|---|
| Edisi | - |
| Subjek | Financial performance Business ethics Corporate governance Economic impact Reforms Trends |
| ISBN/ISSN | 15589080 |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |