New issue of the Corporate Governance and Sustainability Review journal
The editorial team of Virtus Interpress is glad to share the news that the third issue of the journal “Corporate Governance and Sustainability Review” in 2024 has been published. This issue delves into these critical concerns, offering a rich collection of contributions that advance both theoretical understanding and practical application. From reimagining governance in the context of sustainability to examining the implications of digital financial instruments, the insights presented here underscore the necessity for dynamic, multidisciplinary solutions that respond to the complex realities of our time.
The first paper by Iwan Suhardjo, Chris Akroyd, and Meiliana Suparman proposes a framework based on ethical sustainability governance and incorporates a theory of change (ToC) that seeks to show how organizations can move beyond reporting and embrace ethical governance to achieve sustainable outcomes for people and the planet. The study emphasizes that ethical governance needs to be the cornerstone of good sustainability-focused action. It also emphasizes actionable implementation to increase the likelihood of tangible progress toward sustainability goals. By guiding organizations in implementing ethical governance there is a higher chance that sustainability-focused action plans can enable positive outcomes.
Ayishat Omar, Yu Cong, and Alex Tang investigate the impact of information asymmetry on say-on-pay (SOP) abstention by analyzing SOP data from 2011 to 2015 and using an initial sample of 4,393 firms and 12,644 firm-year observations. The authors’ mediation analyses reveal that institutional ownership mediates this relationship, suggesting that higher information asymmetry leads to reduced institutional ownership, subsequently contributing to SOP abstention. The research highlights the significance of addressing information disparities for improved shareholder engagement and decision-making in corporate governance. Additionally, this study’s findings are relevant to academics, policymakers, and corporate stakeholders seeking to bolster corporate governance practices and strengthen shareholder participation in executive compensation matters.
The purpose of the third research study by Richmell Baaba Amanamah is to explore corporate governance’s impact on financial reporting quality and the mediating role of internal controls. Utilizing a quantitative research design, the study analyses data from publicly listed companies across Ghana, Nigeria, and South Africa from 2009 to 2021. The study reveals that diverse skills and expertise on corporate boards and audit committees’ independence significantly impact financial reporting quality, supporting existing literature and echoing findings. These findings suggest significant implications for policymakers, practitioners, and academics.
The final fourth paper by Mfon Akpan provides a comprehensive analysis of the growth rates and correlations among non-fungible tokens (NFTs), Bitcoin (BTC), Ethereum (ETH), and the NASDAQ Composite Index from 2018 to 2021. Utilizing data from Statista, CoinMarketCap, and Yahoo Finance, this study examines annual growth rates, standard deviations, and Pearson correlation coefficients to understand the dynamics of these diverse markets. This study highlights the importance of understanding market volatility and correlation patterns for investors and policymakers and emphasizes the need for adaptive investment strategies and regulatory frameworks in the evolving landscape of digital assets. Future research should focus on the causal factors influencing these market dynamics and the role of investor behavior in shaping market trends.
The full issue of the journal is available at the following link.
We wish you a pleasant and informative reading!
