http://dx.doi.org/10.1016/j.uclim.2015.09.009 2212-0955/ 2015 Elsevier B.V. All rights reserved. ⇑ Corresponding author at: National Institute of Urban Affairs, Core 4B, India Habitat Centre, Lodhi Road, New Delhi 110003, India. Tel.: +91 11 24 24617517. E-mail addresses: [email protected], [email protected] (M. Sethi). 1 MIT-UTM Malaysia Sustainable Cities Program. Mahendra Sethi a,d,⇑, ...

This paper examines the relationship of CEO pay and company performance for 280 firms listed on the New York Stock Exchange for a period from 2006 through 2009. The time frame of the study is a period after the adoption of the Sarbanes Oxley Act and after the SEC approval of the corporate governance rules affecting executive pay for New York Stock Exchange companies. I find there to be a positi...

Article history: Received 1 June 2013 Received in revised form 11 March 2015 Accepted 12 March 2015 Available online 21 March 2015 JEL classification: F21 F41 G15

On this topic, Bob Hudson w1x previously observed that ‘‘It is now de riguer to talk of the shift from hierarchy to network in public sector governance « but what is often lacking is an understanding of how to analyse network governance’’. In literature, many commentators indeed point out that networks are unlike markets and hierarchies. However, the current authors argue that such forms are no...

Introduction The rapidly changing regulatory environment across all industry sectors requires managers and their boards to be more anticipatory to the challenges of strong governance, effective enterprise-wide risk management and the implementation of an efficient and effective compliance regime. Many organisations have sought to create an integrated governance, risk and compliance (GRC) oversi...

The bulk of corporate governance theory examines the agency problems that arise from two extreme ownership structures: 100 percent small shareholders or one large, controlling owner combined with small shareholders. In this paper, we question the empirical validity of this dichotomy. In fact, one-third of publicly listed firms in Europe have multiple large owners, and the market value of firms ...

We untangle safeguard and coordination effects of interfirm governance mechanisms in the context of hazardous buyer-supplier relationships. We propose that the extent to which such mechanisms prevail as safeguards or coordination devices varies with the moderating effects of complexity and asset specificity. In nonspecific but complex exchanges, such mechanisms operate more as coordination mech...

Corporate entrepreneurship can be considered important for organizational performance. While being recognized to be important for development of innovations and technologies of small and medium sized firms and for innovation/technology strategies of large firms, inter-organizational relationships in terms of networks and alliances have received limited research attention in the context of corpo...

We investigate the origin, impact and evolution of the legal institution of citizenship. We compile a dataset across countries of the world from the 19th century, which documents how citizenship laws have evolved from the common and civil law traditions. Contrary to the predictions of legal theory, we show that the original, exogenously-given citizenship laws did not matter for migration flows ...