Purpose – The purpose of the paper is to examine the association between the corporate ownership characteristics and the timely remediation of internal control weaknesses over financial reporting under Section 404 of the Sarbanes‐Oxley Act (SOX) of 2002. Design/methodology/approach – The...

This paper examines the effectiveness of worldwide banking regulations and supervisions in providing a balanced risk-reward trade-off to bank shareholders. Our comprehensive global analysis of 2,467 banks across the world identifies the regulatory frameworks that are associated with favorable...

Over the past two decades, hedge fund activism has emerged as new form of corporate governance mechanism that brings about operational, financial and governance reforms to a corporation. Many prominent business executives and legal scholars are convinced that the entire American economy will...