Independent directors have been mandated on company boards around the world, without due allowance for local variations in different countries. Designed primarily for dispersed corporate ownership regimes like the US, its efficacy is impaired in jurisdictions where such ownership is concentrated...

A vast majority of listed companies in India is “Controlled” by dominant shareholders acting also as the executive, directly or indirectly. Most of the legislative and regulatory requirements, however, are based on “best practices” evolved in countries like the United States where...

The study examines the need for changes in the standard governance structure through investigation of the moderating effect of ownership identity and ownership concentration on the influence of standard governance structure on CEO compensation in companies with dominant owners in control.Using...

While the 2011 Occupy Wall Street movement had the larger agenda of protesting against the influence of corporations in policy making and governance, one of its focal points was the growing disparity in the distribution of wealth and income across the world. The spectacular collapse of giants in...