Good Corporate Governance: Transparency, Accountability, Responsibility, Independency dan Fairness (Literature Review)

Transparency and Corporate Governance∗

An objective of many proposed corporate governance reforms is increased transparency. This goal has been relatively uncontroversial, as most observers believe increased transparency to be unambiguously good. We argue that, from a corporate governance perspective, there are likely to be both costs and benefits to increased transparency, leading to an optimum level beyond which increasing transpa...

Social Reporting and New Governance Regulation: the Prospects of Achieving Corporate Accountability through Transparency

This paper argues that social reporting can be an important form of New Governance regulation to achieve stakeholder accountability. Current social reporting practices, however, fall short of achieving stakeholder accountability and actually may work against it. By examining the success and failures of other transparency programs in the United States, we can identify key factors for ensuring th...

Market Economy and Corporate Governance - Fairness and Transparency for Sustainable Growth

The views expressed in this paper are those of the author(s) and do not necessarily represent those of the United Nations or its Member States.

Relationship between Corporate Social Responsibility and Corporate Governance

Corporate Governance and Executive Compensation for Corporate Social Responsibility

We link the corporate governance literature in financial economics to the agency cost perspective of Corporate Social Responsibility (CSR) to derive theoretical predictions about the relationship between corporate governance and the existence of executive compensation incentives for CSR. We test our predictions using novel executive compensation contract data, and find that firms with more shar...