Template-Type: ReDIF-Article 1.0 Author-Name: Mojgan Zarghamifard Author-X-Name-First: Mojgan Author-X-Name-Last: Zarghamifard Author-Name: Hasan Danaeefard Author-X-Name-First: Hasan Author-X-Name-Last: Danaeefard Title: What drives leader integrity? Abstract: The inspiration for this research is determined by the fact that leader integrity may have countless effects on organisations and employee performance. The research gap has focused on the antecedents of leader integrity within Iranian public services. This qualitative study used rich data from in-depth interviews and followed a Glaserian grounded theory as its research method. Results have suggested that, different factors influence leader integrity that include: individual characteristics (altruistic mindset, authenticity, organisational-based self-esteem, personal values that confer integrity, Machiavellianism), moderating factors (organisational: organisational climate regarding integrity, human resources management, whistleblower activities, organisational transparency and politicisation of bureaucracy) and moderating factors (managerial: leader job characteristics, leadership ability, expectations of leader performance, and ethical role model). We discuss a potential limitation of this study and implications for practice and directions for future research of leader integrity. Journal: Int. J. of Business Governance and Ethics Pages: 1-33 Issue: 1 Volume: 14 Year: 2020 Keywords: leader integrity; honesty; morality; antecedents; grounded theory. File-URL: http://www.inderscience.com/link.php?id=104685 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:1:p:1-33 Template-Type: ReDIF-Article 1.0 Author-Name: Areerat Leelhaphunt Author-X-Name-First: Areerat Author-X-Name-Last: Leelhaphunt Author-Name: Sid Suntrayuth Author-X-Name-First: Sid Author-X-Name-Last: Suntrayuth Title: The moderated mediating effect of business ethics towards firm performance Abstract: The objective of this study is to investigate the relationship among manager ethical leadership, organisation ethical culture, corporate ethics program and both firm performances: ROA and corporate governance reputation. By exploring the: 1) direct effect; 2) mediating effect; 3) moderated mediating effect or conditional indirect effect, that have influences on firm performances of 84 listed firms on the stock exchange of Thailand, which is represented by 785 participants. For analysis and comparison of the two-level factor structure of the conceptual model, each stage of effect is tested by PROCESS (model 1, 4, and 14), whereas an overall moderated mediating model is tested by structural equation model (SEM). It was found that the relationship between manager ethical leadership and both firm performances through organisation ethical culture is positive when an organisation implements a strong ethics program. Furthermore, based on estimation, SEM uses maximum likelihood while PROCESS uses ordinary least square regression. It was also found that both estimators provide exactly regression weight, but the statistical inferential tests are slightly different. Thus, this study offers the alternative best-fit estimator for another moderated mediating model testing. Journal: Int. J. of Business Governance and Ethics Pages: 54-77 Issue: 1 Volume: 14 Year: 2020 Keywords: manager ethical leadership; organisation ethical culture; corporate ethics program; ROA; corporate governance reputation; firm performance; listed-firm; stock exchange of Thailand; moderated mediation; conditional indirect effect. File-URL: http://www.inderscience.com/link.php?id=104693 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:1:p:54-77 Template-Type: ReDIF-Article 1.0 Author-Name: Pat Obi Author-X-Name-First: Pat Author-X-Name-Last: Obi Author-Name: Inalegwu Ode-Ichakpa Author-X-Name-First: Inalegwu Author-X-Name-Last: Ode-Ichakpa Title: Financial indicators of corporate social responsibility in Nigeria: a binary choice analysis Abstract: Using multivariate binary choice models, this study investigates the effect of financial indicators on the practice of corporate social responsibility (CSR) in Nigeria. The indicators include return on equity, asset size, and revenue growth. Results of both linear probability and logistic models show that return on equity and asset size increase the likelihood of CSR practice. Sales growth has a negative effect. Compared to other metrics, firms with a large asset investment exhibit the highest likelihood of investing in CSR. Non-parametric tests confirm the positive linkage between CSR and asset size. These findings suggest that large firms, irrespective of their financial conditions, are more likely than other firms to invest in social initiatives. An implication for civil society might be to employ moral suasion to encourage financially strong firms, irrespective of size, to embrace CSR as an important means to boost their public image and long run performance. Journal: Int. J. of Business Governance and Ethics Pages: 34-53 Issue: 1 Volume: 14 Year: 2020 Keywords: corporate social responsibility; CSR; financial performance; binary choice; logistic model; non-parametric tests; Nigeria. File-URL: http://www.inderscience.com/link.php?id=104695 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:1:p:34-53 Template-Type: ReDIF-Article 1.0 Author-Name: Mejda Dakhlaoui Author-X-Name-First: Mejda Author-X-Name-Last: Dakhlaoui Author-Name: Marjène Rabah Gana Author-X-Name-First: Marjène Rabah Author-X-Name-Last: Gana Title: Ownership structure and cost of equity capital: Tunisian evidence Abstract: This paper aims to examine the effect of ownership structure on the cost of equity capital in the Tunisian context. Using panel data, the study provides evidence for a negative relationship between ownership concentration and cost of equity capital. However, most ownership composition variables validate the entrenchment effect. Results show an inverted U-shaped relationship between institutional ownership, foreign ownership and cost of equity capital. However, a U-shaped relationship is found between state ownership and the dependent variable. To alleviate endogeneity concerns and establish that the results are robust, the authors re-estimated the regressions using a dynamic approach. It supports the entrenchment effect of ownership concentration. A U-shaped relationship between this variable and the cost of equity capital is confirmed. However, a concave relationship is found when considering ownership composition variables. As for family ownership, the results from static and dynamic approaches are convergent and in favour of entrenchment effects. Journal: Int. J. of Business Governance and Ethics Pages: 96-121 Issue: 1 Volume: 14 Year: 2020 Keywords: corporate governance; ownership structure; cost of equity capital; nonlinear effects; dynamic panel GMM estimator. File-URL: http://www.inderscience.com/link.php?id=104702 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:1:p:96-121 Template-Type: ReDIF-Article 1.0 Author-Name: Janthorn Sinthupundaja Author-X-Name-First: Janthorn Author-X-Name-Last: Sinthupundaja Author-Name: Navee Chiadamrong Author-X-Name-First: Navee Author-X-Name-Last: Chiadamrong Author-Name: Youji Kohda Author-X-Name-First: Youji Author-X-Name-Last: Kohda Author-Name: Suttipong Thajchayapong Author-X-Name-First: Suttipong Author-X-Name-Last: Thajchayapong Title: Influence of intra and inter-organisational relationships on CSR and their impact on a hospital's financial performance Abstract: The purpose of this study is to investigate the causal combinations of intra and inter-organisational relationships on corporate social responsibility (CSR) and their impact on hospitals' financial performance based on the knowledge-based view (KBV) and relational view (RV). The KBV provides a useful avenue to understand the RV in terms of knowledge acquired from a hospital's network of stakeholders. The KBV and RV contribute to the analysis of CSR by offering important insights into valuable knowledge acquisition from a wide range of stakeholders. Based on hospitals listed in the SET, our findings from fsQCA shows that a hospital's CSR engagement and financial performance does not necessarily depend on the presence or absence of any particular condition. This study contributes to the healthcare management and CSR literature by using the knowledge-based and relational theories as a theoretical lens to study the intra and inter-hospital relationships and the critical role of CSR practices. Journal: Int. J. of Business Governance and Ethics Pages: 78-95 Issue: 1 Volume: 14 Year: 2020 Keywords: relational view; corporate social responsibility; CSR; hospital financial performance; Stock Exchange of Thailand; SET; resource-based view; RBV. File-URL: http://www.inderscience.com/link.php?id=104703 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:1:p:78-95 Template-Type: ReDIF-Article 1.0 Author-Name: Noor Jehan Author-X-Name-First: Noor Author-X-Name-Last: Jehan Author-Name: Summan Gull Author-X-Name-First: Summan Author-X-Name-Last: Gull Author-Name: Naseer Abbas Khan Author-X-Name-First: Naseer Abbas Author-X-Name-Last: Khan Author-Name: Abrar Hussain Author-X-Name-First: Abrar Author-X-Name-Last: Hussain Title: Relationship between organisational virtue and perceived role of ethics and perception of social responsibility in business: testing a mediation model Abstract: Organisational ethics and organisational responsibility culture are interdependent, and therefore these ethics and responsibilities respond to internal or external stimuli. This study investigates the influence of organisational virtue (OV) on the perceived role of ethics (PRE) and perception of social responsibility (PSR) and explores the association between OV and organisational efficacy (OE) in the banking sector. This study also examines the mediating effects of OE on the association between OV and PRE in business and the association between OV and PSR. A convenience sampling method is employed in the cross-sectional study of 322 employees and their supervisors in 83 branches of banks in the eastern provinces of China. Results showed that OV exerts a positive influence on OE, PSR, and PRE in business. Similarly, OE significantly mediates the association between OV and the association between OV and PSR in the banking sector. This work provides several implications and future research directions. Journal: Int. J. of Business Governance and Ethics Pages: 166-180 Issue: 2 Volume: 14 Year: 2020 Keywords: organisational virtue; organisational efficacy; ethics in business; social responsibility. File-URL: http://www.inderscience.com/link.php?id=106335 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:2:p:166-180 Template-Type: ReDIF-Article 1.0 Author-Name: Dina Clark Author-X-Name-First: Dina Author-X-Name-Last: Clark Author-Name: Thomas Tanner Author-X-Name-First: Thomas Author-X-Name-Last: Tanner Author-Name: Loan N.T. Pham Author-X-Name-First: Loan N.T. Author-X-Name-Last: Pham Author-Name: Wai Kwan Lau Author-X-Name-First: Wai Kwan Author-X-Name-Last: Lau Author-Name: Lam D. Nguyen Author-X-Name-First: Lam D. Author-X-Name-Last: Nguyen Title: Attitudes toward business ethics: empirical investigation on different moral philosophies among business students in Vietnam Abstract: The purpose of this study is to investigate the attitudes toward business ethics of Vietnamese business students based on the five moral philosophies including Machiavellianism, Moral objectivism, legalism, ethical relativism and social Darwinism. Using the 30-item attitudes towards business ethics questionnaire (ATBEQ) developed by Neumann and Reichel (1987) based on the work of Stevens (1979), the authors examined the attitudes toward business ethics of 282 business students at a public university in Ho Chi Minh City in Vietnam. It appeared that there was a significant difference between all five philosophies except legalism. Legalism was found only significantly different from moral objectivism. The respondents scored highest for moral objectivism, followed by ethical relativism, social Darwinism, legalism and Machiavellianism. We found a significant difference between male and female business students for Machiavellianism and ethical relativism, and a partially significant difference for legalism. Finally, we found that code of ethics only made a significant difference for only Machiavellianism and social Darwinism. Journal: Int. J. of Business Governance and Ethics Pages: 123-143 Issue: 2 Volume: 14 Year: 2020 Keywords: attitudes; business ethics; business students; code of ethics; gender; moral philosophies; Vietnam. File-URL: http://www.inderscience.com/link.php?id=106336 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:2:p:123-143 Template-Type: ReDIF-Article 1.0 Author-Name: Ali M. Gerged Author-X-Name-First: Ali M. Author-X-Name-Last: Gerged Author-Name: Ahmed Agwili Author-X-Name-First: Ahmed Author-X-Name-Last: Agwili Title: How corporate governance affect firm value and profitability? Evidence from Saudi financial and non-financial listed firms Abstract: This paper investigates the possible effects of corporate governance (CG) mechanisms on the firm market and accounting value (FV) in Saudi Arabia after the 2011 CG reforms using a sample of 300 annual reports of financial and non-financial companies listed on Tadawul from 2012 to 2016. Our results are suggestive of heterogeneous effects of CG mechanisms on firm value and profitability in that they might have either encouraged or discouraged FV in Saudi Arabia. This means that, averagely, better-governed firms tend to achieve better market value, but not necessarily a better accounting value. Our findings indicate that implementing a voluntary '<i>comply-or-explain</i>' CG regime in Saudi Arabia has, so far, a limited impact on FV. This implies that developing other enforcement mechanisms for CG provisions, such as appending good CG practices to listing rules for companies to comply with, might lead to better financial results for those well-governed companies in Saudi Arabia. Despite the limitations, it is hoped that our study can inspire further examinations in this research area. Journal: Int. J. of Business Governance and Ethics Pages: 144-165 Issue: 2 Volume: 14 Year: 2020 Keywords: corporate governance; firm value; panel data; profitability; Saudi Arabia; Tadawul. File-URL: http://www.inderscience.com/link.php?id=106338 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:2:p:144-165 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Anshari Author-X-Name-First: Muhammad Author-X-Name-Last: Anshari Author-Name: Wardah Hakimah Sumardi Author-X-Name-First: Wardah Hakimah Author-X-Name-Last: Sumardi Title: Employing big data in business organisation and business ethics Abstract: An ethical issues and distrust are pervasive in big data era. The largest data leaks in the social media's history were the controversy of Facebook data breach to unauthorised parties. Big data are useful for business to analyse large sets of heterogeneous data effectively. Because big data is seemingly accessible does not make it ethical for business in converting them into profits without users' concern. Big data needs ethical foundation that cannot be simplified just because data is accessible especially through social media. The objective of this study is to examine how the phenomenon of big data could affect the issues of ethics in business organisations. Then, it analyses the ethical challenges of big data in business for gain business value and competitive advantage. The study was a case study to analyse ethical challenges for organisation in deploying big data initiatives. This paper is basically a case study analysis. Qualitative approach was used to carry out this research where secondary data was retrieved from various credible journals and articles that are relevant to the issue discussed. Journal: Int. J. of Business Governance and Ethics Pages: 181-205 Issue: 2 Volume: 14 Year: 2020 Keywords: business ethics; digital economy; big data; ethical challenges Facebook; Alibaba. File-URL: http://www.inderscience.com/link.php?id=106349 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:2:p:181-205 Template-Type: ReDIF-Article 1.0 Author-Name: Jamaliah Said Author-X-Name-First: Jamaliah Author-X-Name-Last: Said Author-Name: Md. Mahmudul Alam Author-X-Name-First: Md. Mahmudul Author-X-Name-Last: Alam Author-Name: Nurazwani Binti Mat Radzi Author-X-Name-First: Nurazwani Binti Mat Author-X-Name-Last: Radzi Author-Name: Mohamad Hafiz Rosli Author-X-Name-First: Mohamad Hafiz Author-X-Name-Last: Rosli Title: Impacts of accountability, integrity, and internal control on organisational value creation: evidence from Malaysian government linked companies Abstract: Credible and well-functioning governance is crucial for the value creation of firms. Recently, private sectors have undergone substantial changes by focusing on good governance as a tool to enhance value, reputation, and image. The primary features of firms with good governance include greater emphasis on accountability practices, proper implementation of a corporate integrity system, and sound internal controls in place to avoid risk and to ensure policy and procedures that are complied. Government linked companies (GLCs) as the backbone of the Malaysian Government have been harshly criticised for not being able to create value(s) despite receiving high priority in the process of getting government projects. Therefore, this study aims to examine the role of good governance systems, which are reflected through accountability systems, corporate integrity systems, and internal control systems towards value creation of Malaysian GLCs. This study collected primary data based on a set of questionnaire survey among 100 GLCs in Malaysia. Based on the regression analysis, this study found that corporate integrity systems and internal control systems were vital elements in ensuring value creation in GLCs. Journal: Int. J. of Business Governance and Ethics Pages: 206-223 Issue: 2 Volume: 14 Year: 2020 Keywords: value creation; accountability; integrity systems; internal control; government linked companies; GLCs; Malaysia. File-URL: http://www.inderscience.com/link.php?id=106350 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:2:p:206-223 Template-Type: ReDIF-Article 1.0 Author-Name: Joshua McLeod Author-X-Name-First: Joshua Author-X-Name-Last: McLeod Author-Name: Andrews Adams Author-X-Name-First: Andrews Author-X-Name-Last: Adams Author-Name: Katherine Sang Author-X-Name-First: Katherine Author-X-Name-Last: Sang Title: Ethical Strategists in Scottish Football: The Role of Social Capital in Stakeholder Engagement Abstract: Governance and leadership failings have been a common feature of Scottish football (McLeod, 2016). In response, many Scottish football clubs have adopted the approach of an 'ethical strategist' - meaning stakeholder engagement has become central to their strategies (Noland and Phillips, 2010). Such strategies are argued to necessitate sustainability (Mason and Simmons, 2012), but little is known about how they can be implemented effectively. The purpose of this paper is to address that gap and examine how social capital influences the effectiveness of stakeholder engagement-focused strategies in Scottish football. Using a multiple-case study approach, we make two contributions to the literature. First, we add to existing knowledge of how ethical strategists can utilise social capital to achieve strategic success. Second, we make a theoretical contribution to Nahapiet and Ghoshal's (1998) three-dimensional model of social capital by showing how contextual factors influence the interaction process between dimensions. Journal: Int. J. of Business Governance and Ethics Pages: 298-316 Issue: 3 Volume: 14 Year: 2020 Keywords: board of directors; football; social capital; stakeholder engagement; ethical strategists. File-URL: http://www.inderscience.com/link.php?id=108085 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:3:p:298-316 Template-Type: ReDIF-Article 1.0 Author-Name: Javad Shahreki Author-X-Name-First: Javad Author-X-Name-Last: Shahreki Author-Name: Jaya Ganesan Author-X-Name-First: Jaya Author-X-Name-Last: Ganesan Author-Name: Thanh-Thuy Nguyen Author-X-Name-First: Thanh-Thuy Author-X-Name-Last: Nguyen Title: Personality traits and individual performance: test of the mediating role of motivation among top management Abstract: Personality traits, considered as indicators of the employee's performance and motivation which concentrated on intrinsic and extrinsic motivation (Mot), plays an important role in employee performance. This paper aims to investigate the relationships between the personality traits (conscientiousness, neuroticism, extraversion, openness to experience, and agreeableness) and the individual in-role and extra-role performance (IP). In addition, the motivation is being explored in terms of intrinsic and extrinsic of employees. To achieve these objectives, a data-set was collected by surveying 167 general managers (GMs) and general manager's assistants (Asst. GMs) of five star hotels in Malaysia. The partial least squares-structural equation modelling (PLS-SEM) was used to examine the dataset and test the hypotheses. The findings indicated a significant linkage among extraversion, conscientiousness, agreeableness, Mot and IP. On the other hand, Mot mediated the relationships among extraversion, conscientiousness, agreeableness and IP. The participants of the current study revealed a better individual in-role and extra-role performance through an appropriate implementation of personality traits practice. Journal: Int. J. of Business Governance and Ethics Pages: 225-249 Issue: 3 Volume: 14 Year: 2020 Keywords: motivation; top management; personality traits; individual performance; hospitality industry. File-URL: http://www.inderscience.com/link.php?id=108087 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:3:p:225-249 Template-Type: ReDIF-Article 1.0 Author-Name: Shahbaz Sheikh Author-X-Name-First: Shahbaz Author-X-Name-Last: Sheikh Title: Corporate social responsibility, innovation and firm value Abstract: This study argues that corporate social responsibility (CSR) and firm innovation have long-term orientation and CSR is positively related to innovation. It explicitly recognises the endogeneity of CSR and innovation and uses 2SLS instrumental variable regressions to estimate the impact of CSR on innovation. Using a sample of 841 large US companies and 3,246 firm year observations for the period 1995-2006, it finds that CSR is positively associated with firm performance in innovation measured by patents and citations. Results also show that CSR strengths (concerns) have positive (negative) impact on innovation. Additional tests indicate that firm performance in innovation is positively related to industry adjusted Tobin's Q, suggesting that innovation is one of the channels through which CSR increases firm value. Overall, the empirical results indicate that CSR is a long-term strategic investment and its impact on firm value should be measured through its impact on firm innovation which is a good indicator of long-term value. Journal: Int. J. of Business Governance and Ethics Pages: 271-297 Issue: 3 Volume: 14 Year: 2020 Keywords: corporate social responsibility; CSR; innovation; patents; citations; firm value; agency theory; stakeholder theory. File-URL: http://www.inderscience.com/link.php?id=108089 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:3:p:271-297 Template-Type: ReDIF-Article 1.0 Author-Name: Siwar Nasr Author-X-Name-First: Siwar Author-X-Name-Last: Nasr Author-Name: Nadia Lakhal Author-X-Name-First: Nadia Author-X-Name-Last: Lakhal Author-Name: Itidel Ben Saad Author-X-Name-First: Itidel Ben Author-X-Name-Last: Saad Title: Corporate social responsibility and cash holdings: does board gender diversity matter? Abstract: This paper investigates the relationship between corporate social responsibility (CSR) and cash holdings and whether board gender diversity influences this relationship. We use a sample of French listed companies from 2010 to 2015. Based on the instrumental variable method and the quantile regression approach, we show that there is a positive relationship between CSR and cash holdings suggesting that agency costs embedded in CSR activities could be associated with large cash reserves. Hence, managers could opportunistically use these activities to extract rents by increasing their held cash. We further show that women appointed as board directors moderate the relationship between CSR and cash holding which turns negative in case of board gender diversity. Board gender diversity is then considered as a good corporate governance device in French firms that is able to curtail the incentives of CEO to opportunistically use CSR activities at the expense of other stakeholders. Journal: Int. J. of Business Governance and Ethics Pages: 250-270 Issue: 3 Volume: 14 Year: 2020 Keywords: CSR activities; cash holding; board gender diversity; governance; moderating effect. File-URL: http://www.inderscience.com/link.php?id=108090 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:3:p:250-270 Template-Type: ReDIF-Article 1.0 Author-Name: Safia Nosheen Author-X-Name-First: Safia Author-X-Name-Last: Nosheen Author-Name: Naveed-ul-Haq Author-X-Name-First: Author-X-Name-Last: Naveed-ul-Haq Author-Name: Tahseen Mohsan Khan Author-X-Name-First: Tahseen Mohsan Author-X-Name-Last: Khan Title: ASEAN countries CG disclosure practices: a comparative analysis of one-tier and two-tier board structures Abstract: Study focal point is to access the influence of CEO characteristics and audit quality on disclosure quality in the comparison between one-tier and two-tier board structures. Tobit regression model with the random effect is used to access influence on disclosure quality by using the sample of 200 non-financial firms of Indonesia, Malaysia, Thailand, and Singapore for the period from FY 2011 to FY 2015. The study empirically analyses the various characteristics of one and two-tier board structures. Findings of the study observe CEO dual role inversely and audit committee expertise directly impact disclosure quality for both structures. Further, observed audit committee size and firm size directly impact disclosure quality for one-tier structure and CEO age and leverage inversely impact two-tier structure. Finally, CEO tenure, audit quality and audit committee independence having no impact on disclosure quality for both board structure. Journal: Int. J. of Business Governance and Ethics Pages: 317-335 Issue: 3 Volume: 14 Year: 2020 Keywords: disclosure quality; CEO characteristics; one-tier boards; two-tier boards; audit quality characteristics; non-financial firms. File-URL: http://www.inderscience.com/link.php?id=108096 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:3:p:317-335 Template-Type: ReDIF-Article 1.0 Author-Name: Victoria Pagan Author-X-Name-First: Victoria Author-X-Name-Last: Pagan Title: 'The challenge is who rules the world': accounts and implications of transnational governance interactions Abstract: Increased global interconnectivity has encouraged a prevalence of forums that seek to organise and facilitate action towards transnational governance. A body of work has examined such global forums and the theoretical contexts in which they operate but there is little which examines the dynamic interactions through these forums. This article explores the social, political and corporate struggles in the interactions through two global forums, the World Economic Forum (WEF) and the World Social Forum (WSF). These forums are pathways through which corporate, political and social actors struggle to negotiate transnational governance as a mechanism for corporate responsibility. The article shows the lived experiences of those interacting to set goals and agendas for corporate responsibility and offers an analysis of how the agenda of transnational governance is negotiated, who is involved and the drivers and shapers of this interaction. Journal: Int. J. of Business Governance and Ethics Pages: 344-362 Issue: 4 Volume: 14 Year: 2020 Keywords: corporate responsibility; multi-stakeholder interactions; global governance; global forums; transnational governance; World Economic Forum; WEF; World Social Forum; WSF. File-URL: http://www.inderscience.com/link.php?id=110787 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:4:p:344-362 Template-Type: ReDIF-Article 1.0 Author-Name: Mengxing Lu Author-X-Name-First: Mengxing Author-X-Name-Last: Lu Title: The Chinese approach to CSR development: an analysis of CSR-government relationship in China Abstract: This paper probes into the Chinese approach to corporate social responsibility (CSR) governance by exploring the CSR-government relationship in the context of Chinese institutional background. Faced with the deteriorating environmental situation, the value of CSR in addressing environmental issues has been gradually recognised by both Chinese policymakers and business leaders. As a result, the recent decade witnessed a surge in the number of CSR initiatives in China's policy framework, particularly in the field of environmental protection. To have a better understanding of the CSR development trajectory in China, this paper provides a theoretical analysis of the interpretation and implementation of CSR. By applying the prior academic insights into CSR-government relationships in the context of China, this paper explores the various roles that the Chinese Government could play and has already played in promoting CSR. In addition to the Chinese Government, this paper also addresses the roles of different stakeholders in this process, including state-owned enterprises (SOEs), foreign multinational enterprises (MNEs), and non-governmental organisations (NGOs). Journal: Int. J. of Business Governance and Ethics Pages: 384-405 Issue: 4 Volume: 14 Year: 2020 Keywords: CSR-government relationship; corporate social responsibility; CSR; China's environmental situation; state-owned enterprises; SOEs. File-URL: http://www.inderscience.com/link.php?id=110788 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:4:p:384-405 Template-Type: ReDIF-Article 1.0 Author-Name: Mohd Sarim Author-X-Name-First: Mohd Author-X-Name-Last: Sarim Title: Board characteristics, board leadership style, CEO compensation and firm performance Abstract: The study is dedicated to researching the aspects of good governance in terms of board characteristics, board leadership style and CEO compensation; and testing their relationship with the financial performance of Indian firms. Using panel data, the regression results are generated as the main effect of corporate governance variables on financial performance and also as an interaction effect using CEO duality dummy variable. The study found that the boards of the Indian firms are not truly independent, neither in terms of the number of independent directors on the board nor in terms of independence from management. The board leadership style of vesting more power to a single person has weakened the corporate governance system and has created various agency issues. Therefore, the study does not support the stewardship theory view of appointing the CEO as the chairman and urged a balance of power among key personnel of an organisation. Journal: Int. J. of Business Governance and Ethics Pages: 419-435 Issue: 4 Volume: 14 Year: 2020 Keywords: board characteristics; CEO duality; CEO compensation; financial performance; panel data. File-URL: http://www.inderscience.com/link.php?id=110797 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:4:p:419-435 Template-Type: ReDIF-Article 1.0 Author-Name: John Pearson Author-X-Name-First: John Author-X-Name-Last: Pearson Title: Corporate social responsibility, hydraulic fracturing and unregulated space: recognising responsibility without the law Abstract: This paper considers the role of legal regulation in assessing the actions of firms in relation to CSR. Utilising recent legal developments surrounding the controversial practice of hydraulic fracturing ('fracking') as an illustrative example of the issue, it questions whether judging CSR is possible in a legal vacuum. Having established the linkage between CSR and the law the piece moves to illustrate that instances of legal freedom question established conceptions of CSR and warrant a greater exploration of this connection. Whilst instances of this type are conceded as rare, they do question the extent to which, without law, the responsibility for actions can be demonstrated by firms and it is this which the paper highlights. Journal: Int. J. of Business Governance and Ethics Pages: 406-418 Issue: 4 Volume: 14 Year: 2020 Keywords: corporate social responsibility; CSR; law; regulation; hydraulic fracturing. File-URL: http://www.inderscience.com/link.php?id=110802 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:4:p:406-418 Template-Type: ReDIF-Article 1.0 Author-Name: Esinath Ndiweni Author-X-Name-First: Esinath Author-X-Name-Last: Ndiweni Author-Name: Welcome Sibanda Author-X-Name-First: Welcome Author-X-Name-Last: Sibanda Title: CSR governance framework of South Africa, pre, during and post-apartheid: a manifestation of ubuntu values? Abstract: The paper examines whether and how <i>ubuntu</i> values were infused into the corporate social responsibility (CSR) governance framework of South Africa. It uses the CSR governance framework as an exemplar of how corporations, individuals and communities can exude <i>ubuntu</i> values in their daily operations. We adopted an historical cultural context approach to decipher how <i>ubuntu</i> principles were linked with social responsibility, pre, during and post-apartheid. We also identified dominant actors in the CSR arena and the discourses that sustained them. Our analyses revealed that <i>ubuntu</i> values converged with ethical values of other anti-apartheid actors during the crafting of the new CSR governance framework. We also note that the outcome of the interactions was an infusion of <i>ubuntu</i> values into pieces of legislation, ethics committees and industry charters. Our conclusion is that <i>ubuntu</i> principles are indeed manifested in South Africa's CSR governance framework whose goal is to create a caring society. Journal: Int. J. of Business Governance and Ethics Pages: 363-383 Issue: 4 Volume: 14 Year: 2020 Keywords: apartheid; ubuntu values; discourse; corporate social responsibility; CSR; governance. File-URL: http://www.inderscience.com/link.php?id=110820 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:4:p:363-383 Template-Type: ReDIF-Article 1.0 Author-Name: Waleed M. Al-ahdal Author-X-Name-First: Waleed M. Author-X-Name-Last: Al-ahdal Author-Name: Twinkle Prusty Author-X-Name-First: Twinkle Author-X-Name-Last: Prusty Title: Does board structure index and ownership structure index impact on top listed Indian company's performance? Abstract: This study investigates the association that exists between board structure index, ownership structure index and the financial performance of Nifty 100 Indian companies listed on the National Stock Exchange. The study intends to determine whether board structure index and ownership structure index have an impact on companies' performance measured by return on assets (ROA) and return on capital employed (ROCE). It provides empirical investigation for 73 non-financial firms in India from 2009 to 2016. The fixed effect model (FEM) regression was used to measure the association between the variables. Results indicate that board structure index and firm size have a significant impact on return on capital employed and return on assets. It is also observed that the ownership structure index and leverage have positive but insignificant impact on firms' performance. The research, therefore, proposes that policymakers and legislative bodies interpret this proof as a motive for them to improve the procedures of corporate boards to cope efficiently with the distinctive characteristics of corporate governance in emerging markets such as India by using Nifty 100 as a case. Journal: Int. J. of Business Governance and Ethics Pages: 436-450 Issue: 4 Volume: 14 Year: 2020 Keywords: board structure index; ownership structure index; OSI; company performance; India. File-URL: http://www.inderscience.com/link.php?id=110831 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbget:v:14:y:2020:i:4:p:436-450