Transaction cost economics argues that aligning transactions with governance structures leads to more efficient outcomes. While empirical evidence demonstrates that firms choose governance consistent with transaction cost predictions, the performance implications of governance choices are less well explored. Here I examine the cost of misaligned governance in the context of research and develop...

This paper develops an organizational approach to corporate governance and assesses the effectiveness of corporate governance and implications for policy. Most corporate governance research focuses on a universal link between corporate governance practices (e.g., board structure, shareholder activism) and performance outcomes, but neglects how interdependencies between the organization and dive...

This paper examines the cross-sectional relation between corporate governance and firm liquidity in the Chinese stock market. Each year we construct a measure of overall quality of governance based on publicly available information for each firm listed on the Shanghai Stock Exchange (SHSE) and the Shenzhen Stock Exchange (SZSE) over the 1999-2004 interval. After accounting for other liquidity-r...

The relevance of corporate governance principles in the management of corporate organisations cannot be underestimated. The increasing influence of principles of corporate governance across the globe has been greatly linked to the recent corporate frauds and scandals. These frauds and scandals largely resulted from the failure of authorities of countries to effectively implement the legal and r...

A shared view on the definition of IT governance is lacking and practitioners do not use present IT governance frameworks to support their decision-making. A commonly agreed upon definition of IT governance would be very useful and would serve the development and refinement of IT governance frameworks and assessment methodologies. This article presents an Architecture Theory Diagram, ATD, and a...

It has been argued that measuring governance at scales smaller than global could be an important management tool. However, current studies are conducted on a global scale and use expensive methods. In the present study, we assess whether the reported governance of Amazonian municipalities is related to reductions in deforestation. Economic activity (EA) affected general governance (G) positivel...

Information communication technology (ICT) governance is a subset of the larger notion of "corporate governance". As ICT issues become increasingly important and information becomes one of the most valuable assets of organisations, the sound governance of ICT becomes a major factor in organisational success. Standards such as the Australian New Zealand Standard on ICT Governance provide useful ...

Research on the governance of IS outsourcing has recognized two moments of governance: the formal outsourcing contract (promissory contract) and post-contractual relationship management (psychological contract). While this research has been prescriptive of contract terms that lead to successful outsourcing, there is need for clarity on what specific governance options are available at each mome...

Wave-equation migration with the velocity of the primaries maps non-diffracted waterbottom multiples to an hyperbola in subsurface-offset-domain-common-image-gathers. Furthermore, for positive surface offsets, the multiples are mapped to non-positive subsurface offsets if sediment velocity is faster than water. The larger the offset in the data space, the larger the subsurface offset and the sh...

[1] Previous studies have tested the long‐term coupling between air and terrestrial subsurface temperatures working under the assumption that linear trends in surface air temperature should be equal to those measured at depth within the subsurface. A one‐ dimensional model of heat conduction is used to show that surface trends are attenuated as a function of depth within conductive media on tim...