This chapter discusses how regulation affects corporate governance from a broad perspective. First, we present the two main theoretical perspectives on regulation, namely principal-agent and governance. These two perspectives provide interesting insights for the study of regulation in corporate...

Manuscript Type: Empirical exploration of theory-informed propositions.Research Question/Issue: We explore how the combinations of firm-level corporate governance (CG) practices embedded in different governance national systems lead to high firm performance.Research Findings/Insights: Using...

This chapter discusses the role of corporate governance codes in the context of pressures for corporate governance convergence across countries. We show that there is a diverging convergence as corporate governance practices continually evolve. Further, given that codes are non-mandatory in most...

Companies face increasing pressure from different stakeholders to address various environmental, social and governance (ESG) issues. In their efforts to engage with these issues, they might pursue symbolic or substantive actions, either pre-emptively (proactive actions) or in response to...

Governments around the world have prioritized efforts to promote gender equity in the workplace, including at the very apex of the organization - the board. One tool that has been increasingly used by policymakers are gender quotas in boards. We examine how a governance practice, originally...

Responsibility is an important issue in organizations and society. Employees, managers and owners can behave responsibly in the workplace and beyond. In addition, these individuals can be influenced by the propensity of the organization to behave responsibly. Organizations can pursue strategies...

Research Question/Issue: We systematically review the corporate governance (CG) literature on the Middle East and North Africa (MENA), organize it into six main themes and their subthemes, and propose several opportunities for future research.Research Findings/Insights: We highlight CG’s...

This paper discusses the role that indices of corporate governance have had in comparative corporate governance research. To do so, we begin with a short discussion of what corporate governance is and its main debates. Then, we review the main indices (which are also summarized in Table 1)...