New issue of Corporate Law & Governance Review journal
The editorial team of Virtus Interpress is delighted to present the fourth issue of the journal “Corporate Law & Governance Review” in 2024.
The papers featured in this issue offer a diverse and insightful analysis of critical topics in governance, law, and economic sustainability and, with 14 scholarly contributions, examine the evolving dynamics of governance, from public information disclosure to corporate financial performance, offering fresh perspectives on the role of law and governance in shaping global markets.
This issue opens with an important contribution by Amrullah, Sobri, Andries, and Raniasa, who explore public information disclosure and its influence on adaptive governance in emerging markets. The paper highlights how transparency and the flow of information can shape governance structures, especially in developing economies where accountability mechanisms are often still evolving.
Bedri Hamza’s article provides a deep analysis of the governance of sectoral public expenditures and their impact on economic growth. The data used are secondary and cover the period 2015–2022. The results indicate that public expenditures on education positively impact the economic growth in the case of Kosovo followed by the general services.
Badar Mohammed Almeajel examines the regulatory influence of corporate governance on Australian-listed companies, emphasizing the synergy of self-regulation and statutory oversight. It highlights the role of robust governance in enhancing market trust, compliance, and performance. This paper contributes to the legal analysis of regulatory frameworks, corporate governance, and their impact on the stability and performance of Australian-listed companies, fostering a competitive and trustworthy market environment.
The next research study by Dyah Mutiarin, Dwian Hartomi Akta Padma Eldo, Riska Sarofah, and Akhmad Habibullah looks at how data interoperability helps with e-governance. The results show that local agencies are not very good at digitizing and integrating data; thus, there has to be a better connection across agencies, and the challenges and solutions in integration and data-sharing must be discussed to enhance governance effectiveness.
Lana AL-Khalaileh, Tareq Al-Billeh, Mohammad Ashraf Al-Qheiw, and Abdulaziz Almamari investigate the legal controls surrounding the discounting of commercial papers in Jordanian legislation and its judicial applications. In order to provide clarity and protection, this article compares and contrasts the legal framework for discounting commercial documents in Jordan, France, and Egypt. It finds that Jordan’s Trade Law has several holes, and it advocates for thorough legal regulation to fill them.
Innocent Bayai, Timothy Olaniyi Aluko, and Mecury View Chimutanda explore the effectiveness of government policies and offer important policy implications for legislators. The Botswana COVID-19 Relief Fund for small and medium-sized enterprises (SMEs) was discovered to have underperformed due to corruption, a lack of efficient targeting, and inadequate communication. The authors suggested increased intervention techniques, anti-corruption actions, and improved consultation.
Sasongko Tri Utomo and Wisnu Mawardi’s study investigates the effect of domestic and foreign ownership on financial fraud. The finding shows that foreign and domestic ownership positively affects financial fraud.
The purpose of the paper by Dukagjin Leka and Ilir Zylfiu is to analyze theoretical studies related to this issue in different corporations and firms with special emphasis on those of developing countries, specifically in the countries of the Western Balkans. The results confirm that globalization and the great influence of multinational enterprises on the firms of all countries, especially those in developing countries, has raised many concerns for human rights, specifically the respect of employee rights, in the impact of businesses on employees.
Analyn M. Gamit, Angelo R. Santos, Kenneth Lucto Armas, and Marivic N. Villegas explore the integration and long-term sustainability of ISO 9001:2015 within SUCs, with a particular focus on extension services. The study concludes that indeed the QMS has a positive impact on the performance of an organization, but at the same time, its continuity depends on the uninterrupted support as well as the involvement of relevant stakeholders.
Pranesh Debnath, Anil Kumar Bhuyan, Sukriti Das, Bhaskar Saikia, Animesh Saha, Ekta Chakravarty, Hiranmayee Debi, and Rishav Kanoo evaluate the environmental, social, and governance (ESG) reporting performance of public sector banks (PSBs) and private sector banks (PvtBs) in India. The implications of the findings are pertinent to regulators and policymakers, emphasizing the importance of transparent and comprehensive ESG disclosure for informed decision-making and the fulfilment of societal responsibilities.
Yanbing He, Razif Rosli, and Ming Liu conducted an in-depth analysis of 89 articles selected to create a conceptual framework for analyzing the determinants of effective tax rates (ETR) using corporate governance, agency theory, and a systematic literature review. The findings of this research are essential for the Chinese government to formulate tax policies, optimize tax administration, promote tax reform, enhance taxpayers’ awareness, and guide strategic decision-making and investment appraisal.
The study by Mondli Gina and Emmanuel Mutambara investigate the extent to which a move towards clean energy for poor communities contributed towards poverty reduction in an urban context. According to the study’s findings, the adoption of renewable energy technologies in Soweto township, will contribute to a decrease in poverty, improve the socio-economic status of citizens, enhance economic growth, and save the environment.
Phichet Sukapes, Watcharin Sutthisai, Sitthiporn Soonthorn, Ratchanida Saiyaros, and Sathitkoon Boonruan investigate the factors influencing area development through public and private sector cooperation in Thailand’s Central Northeast region. Using confirmatory factor analysis (CFA) and structural equation modeling (SEM), the authors examined the impacts of an area development cooperation model, characteristics of the area, and cooperation between agencies on public-private participation (PPP) and the results of area development. This research highlights the pivotal role of PPPs in achieving area development and provides valuable insights for policymakers aiming to enhance regional development through collaborative efforts.
The final research study by Najat Shakir Mahmood, Salah Chyad Kadhim, Khudhur Abbas Jabbar, Hussein Falah Hasan, Hussein Kadhim Sharaf, and Ali Saad Alwan examines how corporate governance improvements affect the Tehran Stock Exchange (TSE)-listed enterprises’ stock market performance. The research finds that the independence of the chief executive officer (CEO), auditor, and board influences performance.
You are welcome to browse the full issue at the following link.
We hope that reading this issue will be pleasant and informative for you!
