CORPORATE GOVERNANCE IN THE AIRLINE INDUSTRY - EVIDENCE FROM THE ASIA-PACIFIC REGION

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Abstract

Globally airline performance has been variable with poor performance undermining the confidence of travelers, investors, Governments and other stakeholders. Airline corporate governance is a key determinant of airline performance. However, the relationships between governance and performance is complicated by the diversity of governance arrangements surrounding airlines. This study utilizes the four level model of Scrimgeour and Duppati (2014) to analyze the strengths and weaknesses of airline governance in the Asia Pacific region. Data from firm performance and firm behavior are analyzed for a 14-year period given governance and business choices occur at all stages of the business cycle and governance decisions have impact over multiple periods. Improving trust in the airline industry requires attention to all four levels of governance in a manner consistent with national and international business contexts.

Keywords: Corporate Governance, Airline Industry, Asia-Pacific Region

How to cite this paper: Duppati, G., Scrimgeour, F., Stevenson, R. (2016). Corporate governance in the airline industry - evidence from the Asia-Pacific region [Conference issue]. Corporate Ownership & Control, 13(2), 329-335. https://doi.org/10.22495/cocv13i2cLp2