New issue of the Journal of Governance and Regulation

The editorial team of Virtus Interpress would like to present the second issue of 2025 of the Journal of Governance and Regulation.
The current issue showcases a diverse array of studies that point toward a unifying trend: the strategic alignment of governance mechanisms with sustainability, innovation, and performance outcomes in both emerging and mature economies. The papers in this issue highlight the ongoing transformation of governance in multiple domains and regions. They also signal a growing demand for interdisciplinary approaches that bridge finance, management, law, and technology to meet the evolving challenges of our time.
The full issue of the journal is available at the following link .
Wafaa Sbeiti and Ahmad Alqatan investigate the application of the cyclically adjusted price-to-earnings (CAPE) ratio at the macroeconomic level within Gulf Cooperation Council economies as well as the role of the CAPE ratio in enabling earnings prediction and the ratio’s relationship with other valuation metrics.
Ngoc Son Nguyen, Bao Tram Tran, Thi Ngoc Linh Le, and Nhu Quynh Nguyen explore the impact of digital ESG factors on consumer purchase intention, considering the mediating role of electronic word of mouth, brand equity, and the moderating role of customer knowledge.
Raed Awashreh and Hisham Al Ghunaimi aim to provide evidence-based recommendations for enhancing public administration training by examining key frameworks: traditional public administration, new public administration, and new public governance.
The Nu Tran, Dinh Viet Duong, Thanh Hai Nguyen Thi, Ngoc Lan Do Thi, Duc Dinh Truong, Van Hau Nguyen, and Thanh Thu Pham Thi examine the dividend policies of 74 manufacturing businesses listed on the HOSE in three different periods: before, during, and after COVID-19.
Retnoningrum Hidayah, Dhini Suryandari, Heri Yanto, Adib Sa’dulloh, Trisni Suryarini, Indah Fajarini Sri Wahyuningrum, Ima Nur Kayati, Salma Ibtidaul Hasna, and Sifa Aura Amalia Nugraha analyze the influence of foreign ownership and debt covenants on transfer pricing with multinationality as a moderating variable.
Pranesh Debnath, Hiranmayee Debi, Ashima Goel, Maharaj Das, Animesh Saha, Sonashree Das, Dhanesh Sharma, and Rishav Kanoo assess the degree of ESG performance and its impact on selected companies’ financial performance in the emerging Indian market based on cross-sectional data collected from 528 listed companies in 2022.
Doan Thi Yen, Nguyen Thi Hong, Tran Thi Minh Phuong, and To Xuan Dan aim to elucidate the extent of the impact of organizational culture on employees’ perceptions of salary policies.
Aikaterini Chasiotou, Sofia Kourtesi, Stylianos Kafestidis, and Grigorios Lazos analyse the current and future trends in merger processes in the context of two research aspects: 1) the relationship with governance principles in both private and public sector organizations, and 2) the current situation and prospects for international or domestic mergers.
Ismet Sulila, Ivan Rahmat Santoso, Sartika Dewi Usman, Sumarjo, and Citra Fransisca Indah Lestari Dano Putri approach to reveal disharmony in the implementation of public policies to alleviate poverty.
Piyarat Sawat, Rattaphong Sonsuphap, Chanin Amornbuth, and Sutthiporn Chinnapha identify and analyze the critical factors that contribute to the successful regeneration and intergenerational transition of family businesses in Thailand, to ensure their long-term growth, sustainability, and viability across generations.
Richard Kajumbula and Patricia Lindelwa Makoni examine the moderating role of board independence in the relationship between CEO power and bank risk, as a corporate governance mechanism.
Cristian Calle-Tarrillo, Jhersin Jhonatan Bustamante-Obando, and Juan Félix Quispe-Gonzales analyze the relationship between household budget management and work stress in this context using a non-experimental correlational design with a sample of 384 employees.
Dewi Cahyani Pangestuti, Ardhiani Fadila, Razyka Imayda, and Firda Melani Setiawan discuss the roles of the board of directors and the chief risk officer in enhancing enterprise risk management and improving firm performance in the mining sector of Southeast Asia.
Luke Charles Chikosi and Ashley Teedzwi Mutezo empirically examine the influence of internal corporate governance mechanisms (board size and board independence) on the occupational health and safety risk management performance of 30 JSE-listed mining firms.
Thi Khanh Phuong Nguyen, Thi Le Thanh Nguyen, and Dieu Linh Nguyen try to find out the factors that affect the possibility of becoming a zombie company and how the manufacturing enterprises themselves affect the performance of enterprises in the industry.
Rashed Hossain aims to assess the laws, procedures, and enforcement mechanisms pertaining to anti-money laundering in Bangladesh.
Pongsakorn Limna, Natworadee Chinnapakjarusiri, Rattawut Nivornusit, Yarnaphat Shaengchart, Prapasri Siri, and Ruangchan Thetle investigate the factors through which big data enables newsfeed personalization, employing a quantitative research approach with data collected from 822 Thai respondents via convenience sampling.
Bharat Rai, Rewan Kumar Dahal, Binod Ghimire, and Indira Shrestha explore the factors influencing brand equity at Tribhuvan University, employing a quantitative technique to gather, present, and analyze the survey data.
Mikhail Stepanov, Anna Legostayeva, Halyna Fyliuk, Baldyrgan Jazykbayeva, and Saltanat Yerzhanova aim to optimize the management of public-private partnership projects by analyzing the current state, identifying key problems, and developing practical solutions.
Tri Oktianti Indrawiani, Suliyanto, and Adi Indrayanto conduct a systematic literature review of 61 articles published between 2014 and 2024 to study counterproductive work behavior in organizations.
We hope that researchers will find the articles in this issue particularly interesting and useful for their research activities.