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Realization of the concept of substainable development by beer industry enterprises ...
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Realization of the concept of substainable development by beer industry enterprises ...
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A efetivação dos direitos societários nas companhias abertas brasileiras ; The enforcement of corporate rights in Brazilian listed corporations
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Gemignani, Karina. - : Biblioteca Digital de Teses e Dissertações da USP, 2020. : Universidade de São Paulo, 2020. : Faculdade de Direito, 2020
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Changing the Tune: Conceptualising the Effects of the Global Financial Crisis on Stakeholder Perceptions of Corporate Value ...
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Sustainable Investment: Interrelated among Corporate Governance, Economic Performance and Market Risks Using Investor Preference Approach
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In: Sustainability ; Volume 11 ; Issue 7 (2019)
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Changing the Tune: Conceptualising the Effects of the Global Financial Crisis on Stakeholder Perceptions of Corporate Value
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CORPORATE GOVERNANCE IN THE NONPROFIT SECTOR: A GROUNDED THEORY APPROACH TO STUDYING THE TRUSTEE BOARD
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Corporate governance and corporate social responsibility synergies: A systemic approach
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Learning in boards: a grounded theory study of UK boards of directors
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The Case of the Missing Fair Use: A Multilingual History & Analysis of Twitter’s Policy Documentation
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In: AoIR Selected Papers of Internet Research; 2016: AoIR2016 ; 2162-3317 (2016)
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Проблемы преподавания и изучения корпоративного управления в юридических вузах в контексте международной магистерской программы двойных дипломов «Европейское и международное право»
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МАРОЧКИН СЕРГЕЙ ЮРЬЕВИЧ; ШУНЕВИЧ МАРИНА ИГОРЕВНА. - : Федеральное государственное автономное образовательное учреждение высшего профессионального образования Российский государственный профессионально-педагогический университет, 2015
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ПРОБЛЕМЫ ПРЕПОДАВАНИЯ И ИЗУЧЕНИЯ КОРПОРАТИВНОГО УПРАВЛЕНИЯ В ЮРИДИЧЕСКИХ ВУЗАХ В КОНТЕКСТЕ МЕЖДУНАРОДНОЙ МАГИСТЕРСКОЙ ПРОГРАММЫ ДВОЙНЫХ ДИПЛОМОВ «ЕВРОПЕЙСКОЕ И МЕЖДУНАРОДНОЕ ПРАВО»
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МАРОЧКИН СЕРГЕЙ ЮРЬЕВИЧ; ШУНЕВИЧ МАРИНА ИГОРЕВНА. - : Федеральное государственное автономное образовательное учреждение высшего профессионального образования Российский государственный профессионально-педагогический университет, 2015
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Формирование и развитие социальных систем
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In: Научные основы организации управленческого труда: Секция 1. Организационные аспекты управления ; Материалы Всероссийской научно-практической конференции ; 10-24 (2015)
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Corporate Social Responsibility, Juridification and Globalization: ‘Inventive Interventionism’ for a ‘Paradox’
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Governança corporativa no setor público: a comunicação pública no processo democrático
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Influence of institutional investors on listed tourism companies' performance: an empirical case from China
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Compliance und Integrity - zwei Seiten ethisch integrierter Unternehmenssteuerung: Lektionen aus dem Compliance-Management einer Großbank
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In: Zeitschrift für Wirtschafts- und Unternehmensethik ; 6 ; 1 ; 31-45 (2013)
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Kommunikation und Wissen im Aufsichtsrat: Voraussetzungen und Kriterien guter Aufsichtsratsarbeit aus der Perspektive leitender Angestellter
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In: 2005-301 ; Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Organisationen und Wissen, Forschungsgruppe Wissen, Produktionssysteme und Arbeit ; 95,XVII (2012)
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Social norms, social cohesion, and corporate governance
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In: Corporate Governance: An International Review ; 19 ; 1 ; 41-60 (2012)
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Abstract:
Research Question/Issue: We study the relationship between informal rules (represented by social norms and social cohesion in a community) and corporate governance. A community is a large social unit characterized by a distinct set of informal rules. Specifically, three hypotheses are tested: (1) Communities with stronger social norms will have more open firm-level corporate governance, (2) More socially cohesive communities will have more open firm-level corporate governance, and (3) The relationship between social norms and corporate governance will be mediated by social cohesion. Research Findings/Insights: Unlike previous studies, we use data from a single, culturally diverse country, Ukraine, in order to isolate the effect of informal rules. The country’s provinces are used as proxies for communities. We develop our measures of social norms and social cohesion by performing a factor analysis on the measures commonly used in previous research (social capital, religiosity, total fertility, ethnic homogeneity, linguistic homogeneity, and homicide rate). All three hypotheses are supported, whether using composite or individual measures of social norms and cohesion. The mediation is partial, suggesting that the hypothesized effect of social norms on corporate governance may (i) partly come through cohesion and (ii) partly be direct. The results are highly significant and robust, and they hold very well when controlled for economic development, firm characteristics, and industry. Theoretical/Academic Implications: We contribute to the large literature on institutional determinants of corporate governance by proposing that informal rules may have a substantial impact on firm-level corporate governance. We also identify specific sources of informal rules: social norms and cohesion. Testing our insights in other countries and in cross-country settings would help to further understand what rules matter for corporate governance and whether informal rules may substitute for formal rules. Another research opportunity, perhaps best exploited through case-based research, is the deeper enquiry into the very mechanism by which informal rules may affect firm-level corporate governance. Practitioner/Policy Implications: Manipulating informal rules, such as norms and cohesion, is an unlikely option for corporate governance reform. If that is the case, the policy should consist in adjusting the governance system to fit them. As this fit will differ across communities and countries, international convergence of corporate governance appears unlikely.
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Keyword:
Allgemeine Soziologie; Anthropologie; Basic Research; Corporate Governance; Economics; empirical; empirisch; Entwicklung und Geschichte der Soziologie; General Concepts and History of Sociology; General Sociology; Institutions; Informal Rules; Social Norms; Social Cohesion; Makrosoziologie; Management; Management Science; Sociological Theories; Sociology & anthropology; Soziologie; spezielle Theorien und Schulen; Wirtschaft
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URL: http://nbn-resolving.org/urn:nbn:de:0168-ssoar-262677
https://doi.org/10.1111/j.1467-8683.2010.00829.x
http://www.ssoar.info/ssoar/handle/document/26267
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On Chinese Style Corporate Governance — With the Frictions and Fusion of Business Cultures as a Clue
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In: Cross-Cultural Communication; Vol 8, No 2 (2012): Cross-Cultural Communication; 124-127 ; 1923-6700 ; 1712-8358 (2012)
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