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Journal articles on the topic "Corporate governance code"

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Mohamad, Shafi. "National corporate governance codes and IT governance transparency." Corporate Ownership and Control 16, no. 1 (2018): 13–18. http://dx.doi.org/10.22495/cocv16i1art2.

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The main purpose of this paper is to explore the influence of national corporate governance codes on IT governance transparency and was carried out by comparing the IT governance disclosure requirements across two jurisdictions Belgium and South Africa using the study by Huygh et al. (2017). The latter focused on these two countries since the South African corporate governance code King III (2009) contains detailed IT governance disclosures, while the Belgian corporate governance code Lippens (2009) does not. Huygh et al. (2017) found that listed South African financial services organizations were more concerned with disclosing their IT governance practices than their listed Belgian counterparts and that this observation held across the board for all four disclosure categories within the IT governance transparency framework. Further analysis at an individual item-level also found that many of the items for which the South African respondents reported frequently could be directly traced to the IT governance principles and recommended practices contained in the King III (2009) corporate governance code. Huygh et al. (2017) attributed the higher IT governance transparency of the South African respondents to the specific reporting requirements of their national corporate governance code King III (2009). Hence the recommendation that IT governance disclosures be proactively encouraged via national corporate governance codes to further enhance transparency.
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Ojogbo, S. E., and T. C. Nwano. "Corporate Governance Code and Corporate Governance Implications for Business: A Critique of Nigeria’s 2016 and 2018 Codes." Recht in Afrika 22, no. 1 (2019): 77–96. http://dx.doi.org/10.5771/2363-6270-2019-1-77.

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Corporate governance is the system by which companies are directed and controlled. Board of directors are responsible for the governance of a Nigerian company. However, the shareholders of a Nigeria company have power of oversight over the board. This power is exercised by a majority of shareholders. It is this separation of ownership and control that makes good corporate governance imperative to protect shareholders against corporate board misbehaviour, as well as to protect minority shareholders against the opportunism of corporate insiders (board of directors and majority shareholders). Even though corporate law is the primary legislation that regulates the corporation, corporate governance codes have become important corporate governance standards that helps to guide the board and promote effective managerial engagement with shareholders to promote corporate accountability. The Financial Reporting Council of Nigeria (FRCN) issued two corporate governance codes in two years - the National Code of Corporate Governance 2016 and the Nigerian Code of Corporate Governance 2018. This shows a clear intention to promote good corporate governance in the country. This essay identifies the peculiar corporate governance challenges in Nigeria, and reviews the two corporate governance codes to show how they address the peculiar challenges. The paper undertakes a criticism of the 2018 and compares to the 2016 Code and corporate governance regulations in other regulations. This criticism highlights the weaknesses in the code and the need for a review. The essay thus suggests a review of the 2018 to provide for Independent Non-Executive Directors dedicated to the interest of minority shareholders as an important first step towards providing access to corporate boards for minority shareholders, as a strategy for promoting corporate accountability. The paper concludes that since the very essence of a corporate governance code is to promote good corporate governance and accountability, any corporate governance Code for Nigeria must address the peculiarity of the Nigerian corporate environment for it to be able to achieve this purpose.
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Ooi, Chai-Aun, Chee-Wooi Hooy, and Jong-Seo Choi. "Corporate Governance Code Revisions, Corporate Social Performance and Firm Value: International Evidence." Malaysian Journal of Economic Studies 59, no. 1 (2022): 1–25. http://dx.doi.org/10.22452/mjes.vol59no1.1.

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This study investigates the impact of corporate governance code revisions on corporate social performance, and its’ moderating effect on the relationship between corporate social performance and firm value. This study applies the two-stage Heckman sample selection bias approach to tackle endogeneity issues. The sample includes public listed firms from 35 countries that have released their national codes of corporate governance from 2007-2014. Prior to the analysis, we read through the national codes of corporate governance, and find that a majority of the recently revised codes provide new recommendations related to corporate social responsibility. Based on the regression results, we find that progressive corporate governance code revisions are positively related to corporate social performance. In addition, the progressive revisions positively moderate the relationship between corporate social performance and firm value, which is shown in those firms having above-median positive correlation between their corporate governance score and the code revisions. The overall results are robust to industry-adjusted measure of corporate social performance. Furthermore, we find that firm age is important in explaining the moderating effect of corporate governance code revisions.
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Thakhathi, Andani, Derick De Jongh, and Phumzile Langeni. "What’s in a King? Unveiling the pragmatic micro-perceived value attributes of a fulfilling corporate governance code for responsible sustainable development." Journal of Global Responsibility 12, no. 4 (2021): 469–90. http://dx.doi.org/10.1108/jgr-03-2021-0037.

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Purpose A recent contribution entitled Global Responsibility and the King Reports was made to the literature that represents a significant advancement in the understanding of how standards of good governance are practised. The corpus revealed key insights about macro-institutional governance regimes, yet, extraordinarily little about meso-organisational and even less so, micro-individual corporate governance practice. This study aims to shed light on the micro-individual level of corporate governance practice which has remained obscured by drawing pragmatic insights from the landmark South African King Code experience that may be applied to other governance jurisdictions for global organisational responsibility. Design/methodology/approach To unearth micro-individual corporate governance code practices, a phenomenological exploration of corporate governance practitioners’ (CGPs) perceptions was conducted. Qualitative semi-structured interviews with senior board members of securities-exchange listed companies were conducted with 10 directors of leading multinational South African corporations listed on Africa’s largest formal financial market; the Johannesburg Stock Exchange. Recursive analysis of the qualitative data revealed key attributes that render a corporate governance code “fulfilling” as a consequence of being perceived as subjectively valuable by practitioners who are the ultimate end-users of the King Codes for advancing good corporate governance practice in each of their respective companies. Findings Two categories of fulfilling micro-perceived value attributes (MPVAs) of corporate governance codes emerged, namely, internal and external MPVAs. The three internal MPVAs are, namely, (I1) Meaningful innovation, (I2) Ethical pragmatism and (I3) Cultural transformation. The three external MPVAs are, namely, (E1) Governance legitimacy, (E2) Societal licencing and (E3) Risk mitigation. From these six attributes, two testable corporate governance code development propositions are advanced, namely, (P1) a corporate governance code with a higher constitution of MPVAs will fulfil CGPs more than one with less. (P2) A more fulfilling corporate governance code will enjoy higher adoption, application and/or compliance rates. Originality/value Illumining the subjective experiential perceptions that constitute the fulfilment of a corporate governance code deepens the pragmatic understanding of the “demand-side” or consumption of such codes in practice. Knowing these fulfilling MPVAs may also result in the development of codes that enjoy wider adoption and compliance rates thereby enhancing global corporate responsibility pragmatism through enhanced good governance. This study sheds light on the nexus where normative corporate governance principles and the enactment thereof meet at the coalface of organisational activity with an emphasis on those attributes that render them valuable to practitioners.
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Ilona, Desi, Shamharir Abidin, Nurwati A. Ahmad-Zaluki, and Zaitul Zaitul. "Does the New Revised Code of Corporate Governance Impede Board Diversity? Evidence from Indonesia." Atestasi : Jurnal Ilmiah Akuntansi 6, no. 2 (2023): 495–511. http://dx.doi.org/10.57178/atestasi.v6i2.374.

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This study explores the effect of Indonesia's good corporate governance code on board diversity: ethnicity, nationality, gender, qualification, experience, composition, and multiple directorship diversity. The revised corporate governance code provides guidelines for better corporate governance practices. Therefore, board attributes such as diversity are among the best corporate governance practices. Two hundred and three of Indonesia's listed companies (1,421 firm years) are research objects. The data was collected from company annual reports and other internet sources. The data was analyzed using a pair sample t-test and distribution frequency. Based on the pair sample t-test, Oversight board ethnicity diversity, nationality diversity, gender diversity, and board composition significantly differ between pre- and post-revised codes. In addition, management board nationality diversity and gender diversity are also differences between the pre-and post-revised code. In most cases, updating code improves diversity, except for the Oversight Board's ethnic diversity. This study also provides the detailed average number and percentage of board diversity pre- and post-the-updated code of good corporate governance. This study implies that the revised code of good corporate governance increases the board diversity of Indonesian-listed companies. Since the last revised code was released in 2006, a new updated code of good corporate governance has been demanded.
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Braendle, Udo C. "Recent developments in BRIC’s corporate governance with a focus on Russia – Innovation or imitation?" Corporate Ownership and Control 11, no. 3 (2014): 369–80. http://dx.doi.org/10.22495/cocv11i3conf1p6.

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The practice of joint-stock companies in Russia and other BRIC countries suggests that the development of the corporate sector and the stock market requires a corporate governance level of the companies that corresponds to international standards. The Russian Code of Corporate Conduct was implemented in 2002 and has not been revised for many years. The same is true for Codes of other BRIC countries. 2013 the situation has changed. Russia published a Draft Code of Corporate Governance that should reflect the changes in Russian Corporate Governance over the last 10 years. The paper critically analyses this draft code and gives implications about the future of corporate governance in Russia. We are doing so in comparing Russian Corporate Governance Initiatives with those of other BRIC countries.
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Boot, Arnoud W. A., and Philip Wallage. "Corporate governance toekomstbestendig?" Maandblad Voor Accountancy en Bedrijfseconomie 80, no. 5 (2006): 204–5. http://dx.doi.org/10.5117/mab.80.16899.

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De Code Tabaksblat (de Code) mag zich verheugen over algemene bekendheid in ondernemingsland. Maar wat is er tot nu toe van terechtgekomen? Welke lessen kunnen hieruit worden getrokken? En hoe moeten we verder? Deze vragen staan centraal in dit themanummer van het MAB.
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Boot, Arnoud W. A., and Philip Wallage. "Corporate governance toekomstbestendig?" Maandblad Voor Accountancy en Bedrijfseconomie 80, no. (5) (2006): 204–5. https://doi.org/10.5117/mab.80.16899.

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De Code Tabaksblat (de Code) mag zich verheugen over algemene bekendheid in ondernemingsland. Maar wat is er tot nu toe van terechtgekomen? Welke lessen kunnen hieruit worden getrokken? En hoe moeten we verder? Deze vragen staan centraal in dit themanummer van het MAB.
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Nizaeva, Mirgul, and Ali Uyar. "Corporate governance codes of Eurasian Economic Union countries: a comparative investigation." Corporate Governance: The International Journal of Business in Society 17, no. 4 (2017): 748–69. http://dx.doi.org/10.1108/cg-11-2016-0214.

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Purpose The purpose of this paper is to comparatively analyze the corporate governance codes of transition economies, particularly five Eurasian Economic Union (EAEU) members (i.e. Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia). Specifically, the convergence or divergence of these countries’ corporate governance codes among themselves as well as relative to the best practices of the UK Corporate Governance Code (UK Code) and the OECD Principles of Corporate Governance are investigated. Design/methodology/approach Initially, the existing literature on corporate governance with special focus on transition countries is reviewed. Afterwards, benchmarking the international best practices, based on main chapters and contents, the corporate governance codes of all countries in the sample are analyzed. Findings The paper finds that even though some principles of the corporate governance codes of the countries in the sample differ in some aspects, they do converge to some extent. However, high misalignments between the UK Code and the OECD Principles and the codes of selected countries in some aspects were found. Research limitations/implications The conclusion and implications of the study characterize the corporate governance of selected developing countries; thus, they might not be generalizable to other countries. Practical implications The codes of the countries in the sample should be revised, and more specifications regarding the stakeholder, board structure, its subcommittees, independence, diversity and transparency issues need to be addressed. Originality/value The paper comprehensively analyzes the contents of corporate governance codes of transition countries; from both practical and academic point of view, it was important gap that needed to be fulfilled.
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Okike, Elewechi, and Emmanuel Adegbite. "The code of corporate governance in Nigeria: Efficiency gains or social legitimation?" Corporate Ownership and Control 9, no. 3 (2012): 262–75. http://dx.doi.org/10.22495/cocv9i3c2art4.

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This paper is the first study which examines the rationale behind the adoption of corporate governance codes, the requirements of the codes and their operationalisation, and the effectiveness of the codes in addressing corporate governance abuses in the turbulent and endemically corrupt environment of sub Saharan Africa (Nigeria). It examines the extent to which the adopted Codes of Corporate Governance is as a result of international pressures or internally driven by the need for effective accountability to the shareholders, in a way which addresses the peculiar problems of corporate governance in Nigeria. Through the theoretical lens of efficiency gains and social legitmation, the paper found that the Code of Best Practices for Corporate Governance in Nigeria is driven more by social legitimacy pressures while the Code of Corporate Governance for Banks in Nigeria Post Consolidation, developed by the CBN, is predominantly aimed at pursuing efficiency gains.
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Dissertations / Theses on the topic "Corporate governance code"

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Grahovar, Marina, and Martina Åkesson. "A Common Corporate Governance Code - Mission Impossible?" Thesis, Kristianstad University College, Department of Business Administration, 2005. http://urn.kb.se/resolve?urn=urn:nbn:se:hkr:diva-3239.

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<p>The corporate governance codes are a way of creating trust for companies in national financial markets. The problem with implementing different codes within the European Union has lead to that the trust has been increased for the companies within the different countries but not internationally, within the European Union. This means that investors will have to look into each country code to decide if a company existing in a financial marketplace can be trusted. A resolution for creating trust internationally could be to create a common code for the European Union. Therefore the aim of our research is through a comparison of different corporate governance codes and institutional systems analyse what similarities and differences the codes and the systems have with each other and through our conclusions make a judgement if it is possible to unite the codes into one common code in the European Union.</p><p>To reach our aim we made three different analyses. In the first analysis we compared four European corporate governance codes (the British, German, Spanish and Swedish) and concluded in which areas we thought the codes could be united. In our second analysis we compared the institutional systems in each of these four countries and concluded the main characteristics of each system that could influence the corporate governance codes. In our third analysis we tried to explain the differences in the codes by the differences in the institutional systems and through the comparison conclude in which parts the codes could be united and in which parts not.</p>
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Persson, Therese, and Helena Karsberg. "Swedish Code of Corporate Governance : A study of the compliance with the code among Swedish listed companies." Thesis, Jönköping University, JIBS, Business Administration, 2005. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-90.

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<p>After several scandals in the US, the focus on corporate governance has increased rapidly and led to implementations of “codes of best practice” in many countries. In 2002, the Swedish government appointed a committee with the purpose to develop a Swedish Code of Corporate Governance. The purpose with the code is to help the Swedish industry to regain its confidence in order to attract capital after the scandals that have occurred. The code shall be implemented by Swedish com-panies listed on the A-list on the Stockholm stock exchange and companies on the O-list with a market value above 3 billion SEK and shall be implemented by the 1:st of July 2005.</p><p>The code is based on the principle “comply or explain” which means that companies do not have to comply with the requirements of the code as long as they explain their reasons why they deviate. The purpose of this thesis is thereby to examine to what extent Swedish companies prepare to comply or are already complying with the requirements of the code and the reasons for possible deviations regarding the level of compliance between the companies. In order to answer the purpose stated, the authors have chosen to use both a quantitative and a qualitative method. The authors have sent surveys to all companies obliged to implement the code in order to find out to what extent the Swedish companies prepare to comply or are already complying with the code today. In order to answer the second research question, why companies prepare to comply, or are complying to different degrees, hypotheses were stated and interviews with five companies listed on the Stockholm stock exchange were made.</p><p>The authors found a high compliance rate among Swedish companies, with a mean of 88,49%. The companies on the A-list are complying to a larger extent than the ones on the O-list. Based on the hypotheses, the authors found that companies with higher turnovers are more likely to comply with the code to a larger extent than companies with lower turnovers. Additional reasons to a high degree of compliance rate with the code, are: the need for resources, the impact of media, the culture and personal values within the organization and the fact that the code does not imply any major changes for the organization. Reasons why companies do not prepare to comply or are already complying to a large extent are: the increased devotion of resources that the implementation requires, the high level of details and the complicated requirements of the code. These last-mentioned factors lead to difficulties to interpret the requirements of the code and increased bureaucracy, which thereby lead to a lower level of compliance.</p>
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Tayo-Tiwo, Aderonke Alberta. "Nigerian Banks' Compliance with the Code of Corporate Governance." ScholarWorks, 2018. https://scholarworks.waldenu.edu/dissertations/5788.

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Frequent incidences of bank failures in Nigeria resulting in enormous losses of investments and jobs have raised questions about the level of banks' compliance with the code of corporate governance. This single exploratory case study shifted attention from the banks to the regulators of banks in Nigeria, the Central Bank of Nigeria (CBN), to find out the problems they may be encountering in getting the banks to be fully compliant. Purposeful sampling was used to select 25 senior participants who were directly involved with the monitoring of banks from CBN. The agency theory served as the conceptual framework. The sources of data were semistructured interviews and focus group interviews. The use of member checking and triangulation improved the credibility of the data. Thematic analysis was used in data analysis. Findings showed that the CBN might have identified the shortcomings in their supervision processes and have put measures in place to ensure full compliance. Some of the measures included recruitment of skilled IT personnel to conduct monthly e-examinations of the books of banks, application of steep penalties for noncompliance, the reduction of percentage holding by investors, and continuous training of the staff. Full implementation and continuous evaluation of these measures should make the issue of bank distresses and the attendant loss of depositors' funds and means of livelihood outdated. This will result in positive social change by increasing public confidence in the banks resulting in a growth in the economic activities, more job creation, and greater wealth creation for shareholders.
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Siebeneck, Claudia. "Ein Code of Best Practice for Corporate Governance für KMU." St. Gallen, 2008. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/94660602001/$FILE/94660602001.pdf.

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Schwarz, Sebastian Henner. "Regulierung durch Corporate Governance Kodizes." Doctoral thesis, [S.l. : s.n.], 2005. http://deposit.ddb.de/cgi-bin/dokserv?idn=976510898.

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Frisk, Emelie, and Wictoria Nyqvist. "Kopplingen mellan CSR och Corporate Governance." Thesis, Karlstad University, Division for Business and Economics, 2008. http://urn.kb.se/resolve?urn=urn:nbn:se:kau:diva-3148.

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<p>Syfte: Avsikten med studien är att undersöka relationen mellan CSR och corporate governance, från teori och praktik.  </p><p> </p><p>Metod: Med bakgrund av forskningsfrågorna tillämpas den induktiva vägen eftersom vi ser på praktiken, men tolkar teorin utifrån den teorietiska referensramen tillsammans med empirisk data från två företag som undersökningsobjekt, vilket även leder till abduktion. En kvalitativ datainsamling bestående av främst sekundär-, men även primärdata har även genomförts.</p><p> </p><p>Teori: Utgångspunkten ligger i teorierna CSR och corporate governance. För att öka förståelsen för dessa begrepp har teoriavsnittet utökats med angränsande teorier, som till exempel intressentteorin, legitimitetsteorin och triple bottom line.</p><p> </p><p>Empiri: I empirin presenteras Swedbanks och Sveaskogs perspektiv och arbetssätt med CSR tillsammans med en djupintervju med en respondent från Sveaskog, vilket visar på ett välutvecklat engagemang med CSR där etik och miljö är framstående områden.   </p><p> </p><p>Slutsatser: Vår studie visar att det föreligger samband mellan CSR och corporate governance, vilket kan tolkas ur flera olika perspektiv. En av dessa kopplingar återfinns i de två fenomens etiska ansvarstagande, när det gäller integritet i affärer och styrelsers implementering av etiska standards. Sambandet mellan CSR och den svenska koden ligger inte i Kodens riktlinjer, utan i dess syfte och mål.  Andra relationer återfinns i förtroendet och det är inom de båda ägarstrukturerna viktigt att visa upp ett starkt CSR-engagemang, eftersom detta bidrar till att skapa en positiv bild av företaget, stärka varumärket samt ge företaget legitimitet inför sina intressenter. Ett vidare intressentperspektiv är tydligt i statligt ägda bolag på grund av statens ägarpolicy, där CSR är en central del för ett föredömligt agerande. När det gäller börsnoterade bolag kan CSR istället användas som ett medel för att övertyga samhället och kapitalmarknaden om det tagna ansvaret för ökad tilltro. </p><p> </p><br><p>Purpose: The thesis aspires to explore the relationship between CSR and corporate governance from a theoretical towards an experiential approach.</p><p> </p><p>Methodology: With background of the research questions we applied the inductive approach when it comes to the experiential approach, but since we interpreters the theory on the basis of the theoretical perspectives along with two companies, we also used abduction. We have implemented a qualitative survey which is based on both reports and an interview.</p><p> </p><p>Theoretical perspectives: The theoretical perspectives uses CSR and corporate governance as a starting point and is complemented with other related theories such as the stakeholder theory, the legitimacy theory and triple bottom line. </p><p> </p><p>Empirical foundation: Swedbanks and Sveaskogs perspectives and approaches on their CSR-implementation are presented in the empirical foundation along with an interview with one respondent from Sveaskog. </p><p> </p><p>Conclusions: Our study shows that it exist connections between CSR and corporate governance, which can be interpreted from several different perspectives and a number of conclusions can be made. One of these relationships is found in the ethical responsibility, when concerning the integrity in business and implementation of ethical standards. Other relationships are found in the issue of trust and it is, within both ownership structures, important to present an involvement in CSR. This is because it provides stakeholders with a positive image of the company and its trademark, which leads to legitimacy.  A wider stakeholder perspective is found in State owned companies because of the State's ownership policy where CSR is a central part. When it comes to the listed companies CSR can instead be used as a means in order to convince the society and the capital market about the taken responsibility for increased trust. A final conclusion is that the connection between CSR and the Swedish Code of Corporate Governance can not found within its regulations, but rather in its purpose and aspiration.</p>
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Rott, Roland. "The acceptance of corporate governance principles by listed companies and their relevance for shareholders : empirical evidence from the German corporate governance code /." [S.l. : s.n.], 2006. http://www.gbv.de/dms/zbw/537911618.pdf.

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Rashed, Chra, and Georgiana Larsson. "UK pension providers´compliance with corporate governance codes, 2007-2009." Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Företagsekonomi, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-15081.

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The United Kingdom Combined Code is today the most fundamental corporate governance code applicable in United Kingdom. The nation of United Kingdom encourages governance practices by implementing the Directive 2006/46/EC on a voluntary basis before being mandatory. While corporate governance is applicable to many corporations, pension providers may be seen as one of the ideal market sector for governing, since they act as institutional investors representing a major shareholder group. Institutional investors may even improve corporate governance practices as they represent a major part of public sector capital. Owning large amount of shares, their function is to supervise in the firms’ corporate governance activities in order to monitor the transparency and disclosure procedures. To be able to monitor other companies' activities, pension providers must set up an example for enforcing corporate governance practices themselves and follow them respectively.   This descriptive case study observes the corporate governance structures represented in annual reports of five large chosen pension providers during the years 2007 to 2009 capturing the financial crisis occurring in 2008, in United Kingdom. The purpose of the study is to examine if strong corporate governance is incorporated in the following pension providers, Aberdeen Asset Management plc, Aviva plc, Prudential plc, Royal London Mutual Insurance Society Limited and Standard Life plc. The focus is on board composition and established committees. The scope of this study answers the following research question: How do the five pension providers, Aberdeen, Prudential, Royal London, Standard Life and Aviva, comply with or explain deviations found in their respectively annual reports from 2007-2009 in accordance with the Combined Code 2008 and the Annotated Combined Code 2005?   Fundamental for pension providers is to work on a long-term basis with value creation as goal. Still the core focus of corporate governance remains, to create a system offering protection for all stakeholders. As the result shows, all of the five chosen corporations strongly implement national corporate governance practices throughout 2007-2009 on both board composition and established committees. Still, they suffered short-term negative fluctuations from the United Kingdom financial crises in 2008, but recovered shortly afterwards. Even though these fluctuations occurred, all of the corporations have long-term value as one of their main objectives. The long-term value can partly be sustained by strong corporate governance practices as it a main objective in corporate governance.
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Rozhdestvenskaya, Anna, and Nathalie Eriksson. "Svensk kod för bolagsstyrning. En analys av utvecklingen av bolagsstyrningsrapporternas kvalité : Åren 2005 - 2006." Thesis, Uppsala University, Department of Business Studies, 2007. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-8486.

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<p>Bakgrund: Styrelseskandaler som orsakat oroligheter i affärsvärlden har skapat ett behov av ett tydligt regelverk för bolagsstyrning, den skulle förstärka svenska noterade bolags och svenska börsplatsers konkurrenskraft på den internationella kapitalmarknaden. Den svenska koden för bolagsstyrning har kommit att bli en viktig del av regelsystemet på den svenska kapitalmarknaden. Den kräver att svenska börsnoterade bolag skall presentera bolagsstyrningsrapporter. Rapporternas kvalité är viktig för intressenterna som använder sig av bolagsstyrningsinformation.</p><p>Syfte: Syftet med uppsatsen är att analysera utvecklingen av tillämpningen av den svenska koden för bolagsstyrningen. Författarna vill undersöka rapporternas kvalité och se hur den har förändrats mellan åren. Författarna vill vidare utreda om informationen som presenteras i bolagsstyrningsrapporter har blivit mer användbar för intressenterna som nyttjar den.</p><p>Teori: Den teoretiska referensramen utgår ifrån Corporate Governance, agent-teorin, den svenska koden för bolagsstyrning och värderingskriterier som används för att bedöma bolagsstyrningsrapporternas kvalité.</p><p>Metod: Författarna använder sig av den kvantitativa metoden där 36 bolagsstyrningsrapporter jämförs mellan åren 2005 och 2006. Rapporterna granskas med hjälp av de tre värderingskriterierna. Resultatet presenteras i löpande text, tabeller och diagram.</p><p>Analys: Resultatet av granskade rapporter visar att de flesta bolag har utformat sin bolagsstyrningsrapportering enligt Kodens föreskrifter. De analyserade bolagen har generellt förbättrat sina bolagsstyrningsrapporter. Detta påvisar bolagsledningens vilja att ge en ärlig bild av bolaget och skapa en transparens gentemot aktieägare och övriga intressenter. Författarna tror att det leder till ökat förtroende mellan bolaget och deras intressenter.</p><br><p>Background: Board scandals that caused disturbances in the business world created a need for a clear regulation system for corporate governance. This system was created to reinforce Swedish-listed companies and their ability to compete on the international capital market. The Swedish Code for Corporate Governance is an important part of the regulation system on the Swedish capital market. It prescribes that Swedish-listed companies should present reports of corporate governance. The quality of the reports is important for stakeholders who use this information.</p><p>Purpose: The purpose of this essay is to analyse the development of the companies’ applications of the Swedish Code for Corporate Governance. The writers want to examine the quality of the reports and observe how it has changed over the years. Furthermore, the writers want to investigate if the information which is presented in the reports of corporate governance has become more applicable for stakeholders who use it.</p><p>Theory: The theoretical frame of reference is corporate governance, agent theory, the Swedish Code for Corporate Governance, and valuation standards, which are used to evaluate the quality of the reports for corporate governance.</p><p>Method: The writers use the quantitative scientific method to evaluate 36 reports of corporate governance between the years 2005 and 2006. The reports are studied on the basis of the three valuation standards. The results are presented in the text, and in tables and diagrams.</p><p>Analysis: The results of the studied reports show that most of the companies have shaped their reports of corporate governance according to the regulations of the Swedish Code for Corporate Governance. The analysed companies have generally improved their reports of corporate governance. This shows the willingness of the boards to give an honest image of the corporations in order to create a transparency towards shareholders and stakeholders. The writers believe that this will lead to a higher level of trust between the corporations and their stakeholders.</p>
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Rode, Oliver. "Der deutsche Corporate-governance-Kodex Funktionen und Durchsetzungsmechanismen im Vergleich zum britischen combined code." Frankfurt, M. Berlin Bern Bruxelles New York, NY Oxford Wien Lang, 2007. http://d-nb.info/991811577/04.

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Books on the topic "Corporate governance code"

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Securities and Exchange Commission of Pakistan., ed. Code of corporate governance. Securities and Exchange Commission of Pakistan, 2007.

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Malaysia. Finance Committee on Corporate Governance. Malaysian code on corporate governance. Malaysian Institute of Corporate Governance, 2000.

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National Committee on Corporate Governance (Indonesia), ed. Code for good corporate governance. National Committee on Corporate Governance, 2000.

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Nigeria. Securities and Exchange Commission. Code of corporate governance in Nigeria. Securities & Exchange Commission, 2003.

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Confederation, Panafrican Employers', ed. Code of good governance. PanAfrican Employers' Confederation, 2003.

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Council, Financial Reporting. The combined code on corporate governance. FRC, 2003.

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Board, Tayside NHS. NHS Tayside code of corporate governance. Tayside NHS Board., 2002.

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Corporate Governance Task Force (Malawi), ed. Code of best practice for corporate governance in Malawi. Corporate Governance Task Force, 2001.

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Private Sector Initiative for Corporate Governance. and Private Sector Corporate Governance Trust., eds. Principles for corporate governance in Kenya and a sample code of best practice for corporate governance. Private Sector Corporate Governance Trust, 1999.

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Securities and Exchange Commission of Pakistan. Corporate Governance Cell. and UNDP (Pakistan), eds. Impact assessment of the code of corporate governance, 2002. Corporate Governance Cell, Securities and Exchange Commission of Pakistan, 2003.

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Book chapters on the topic "Corporate governance code"

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Bosetti, Luisa. "German Corporate Governance Code." In Encyclopedia of Sustainable Management. Springer International Publishing, 2023. http://dx.doi.org/10.1007/978-3-031-25984-5_797.

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Bosetti, Luisa. "German Corporate Governance Code." In Encyclopedia of Sustainable Management. Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-02006-4_797-1.

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Gorman, Louise, and Anne Marie Ward. "UK Corporate Governance Code (2010)." In Encyclopedia of Sustainable Management. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-02006-4_57-1.

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Gorman, Louise, and Anne Marie Ward. "UK Corporate Governance Code (2010)." In Encyclopedia of Sustainable Management. Springer International Publishing, 2023. http://dx.doi.org/10.1007/978-3-031-25984-5_57.

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Ulrich, Patrick. "Code of Best Practice." In Corporate Governance in mittelständischen Familienunternehmen. Gabler, 2011. http://dx.doi.org/10.1007/978-3-8349-6183-9_6.

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Mhando, Peter C. "The public sector code of ethics." In Corporate Governance in Tanzania. Routledge, 2019. http://dx.doi.org/10.4324/9780429054907-4.

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Gola, Carlo, and Alessandro Roselli. "The Combined Code of Corporate Governance." In The UK Banking System and Its Regulatory and Supervisory Framework. Palgrave Macmillan UK, 2009. http://dx.doi.org/10.1057/9780230235779_9.

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Nordberg, Donald. "Successes in Corporate Governance—Or Failures?" In The Cadbury Code and Recurrent Crisis. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-55222-0_1.

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Quick, Reiner. "German Corporate Governance Code (6/6/2008)." In Encyclopedia of Corporate Social Responsibility. Springer Berlin Heidelberg, 2013. http://dx.doi.org/10.1007/978-3-642-28036-8_152.

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Nordberg, Donald. "The Problems and Remedies in Corporate Governance." In The Cadbury Code and Recurrent Crisis. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-55222-0_2.

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Conference papers on the topic "Corporate governance code"

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Shiraishi, Yutaro, Naoshi Ikeda, Yasuhiro Arikawa, and Kotaro Inoue. "Institutional investors, stewardship code, and corporate performance: International evidence." In Corporate Governance: Search for the advanced practices. Virtus Interpress, 2019. http://dx.doi.org/10.22495/cpr19a13.

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Ivančević, Katarina. "Criminal offence of insurance fraud in Serbian law with reference to comparative law." In 26th Conference INSURANCE LAW AND CORPORATE GOVERNANCE. Association for Insurance Law of Serbia, 2025. https://doi.org/10.46793/aida26.sav.12i.

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Insurance fraud is one of the problems that insurers have been struggling with for years but have not been able to fully overcome. Some frauds are difficult to recognize, and some are difficult to prove. The largest number of cases of abuse of insurance rights are represented by the so-called soft frauds, which in most cases take the form of so- called petty crime. However, their massiveness causes great financial losses to insurers. Serious frauds, when an insured case is deliberately provoked with the intention of obtaining compensation from the insurance company illegally, are increasingly being organized by professional fraudsters. Over time, the civil law protection mechanisms against insurance fraud have been supplemented by criminal law. This has also been done in Serbian law by incriminating the criminal offense of insurance fraud under Article 223a of the Criminal Code. In this paper, we have considered whether Serbian law adequately sanctions insurance fraud committed by insurance beneficiaries, alone or with the help and support of other persons, and which is subject to criminal prosecution. The research has shown that the wording of Art. 223a of the CC is not appropriate and does not satisfy the needs of insurance practice. Although the change in the wording of the criminal offence of insurance fraud in Art. 223a was welcomed in theory, in practice this provision is not applied. It can be concluded that the expected effect was not achieved and that the legal definition of the criminal offence of insurance fraud in Art. 223a of the Criminal Code did not fulfill the purpose for which this offence was introduced. The provision of Art. 223 CC could survive and “come to life” if certain changes were made to the legal definition of this criminal offense, taking into account the solutions from German, Croatian and Slovenian law that we have listed in this paper. Тhe author finally proposes amendments to the legal definition of the criminal offense of insurance fraud under Art. 223a of the Criminal Code.
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Riva, Patrizia, and Maurizio Comoli. "The impact of the new Italian Early Warning System provided by the IC-Code on SMEs governance." In Corporate Governance: Search for the advanced practices. Virtus Interpress, 2019. http://dx.doi.org/10.22495/cpr19a21.

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D’Alonzo, Claudio. "The role of the expert within Italian negotiated composition." In Corporate governance: Scholarly research and practice. Virtus Interpress, 2024. https://doi.org/10.22495/cgsrapp2.

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The aim of this paper is to investigate the role of the expert within negotiated composition under the Italian Insolvency Code. The interest in the research is driven by the recognition that the Italian lawmaker has taken measures to support businesses, aimed at preventing their economic and financial conditions from suffering adverse consequences and degenerating into irreversible collapse (Manzini &amp; Carelli, 2022; Donati, 2020). The purpose of negotiated composition is to implement Directive (EU) 2019/1023 (Insolvency Directive), whose underlying criteria are the so-called rescue culture and the favour for negotiated solutions
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Andrienko, Mykola, and Petro Haman. "HISTORICAL PREREQUISITES FOR THE IMPLEMENTATION OF THE CORPORATE GOVERNANCE CODE." In 3rd International conference on corporation management. Scientific Center of Innovative Research OÜ, 2023. http://dx.doi.org/10.36690/iccm-2023-138-140.

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Gjorgjioska, Emilija, Violeta Gligorovski, and Snezhana Obednikovska. "Corporate Social Responsibility as Business Strategy for Macedonian Companies." In 8th International Scientific Conference – EMAN 2024 – Economics and Management: How to Cope With Disrupted Times. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2024. https://doi.org/10.31410/eman.2024.241.

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The purpose of this paper is to make a profound analysis of Cor­porate Social Responsibility on several aspects of the subject. In recent dec­ades, corporate social responsibility has emerged as a challenge to large companies in their successful organizational performance. Corporate So­cial Responsibility should be immanent and implemented in companies’ strategies. Raising awareness about many problems facing societies is pre­cisely the core of corporate responsibility. The authors will analyse the le­gal framework that encourages social responsibility, and corporate obliga­tions for issuing social responsibility reports in the Republic of North Mace­donia. The paper reaches a conclusion about the influence of the Corporate governance code for companies listed on the Macedonian Exchange (MSE) – adopted in 2021 and the ESG disclosure Guide for companies listed on the MSE about the corporate social responsibility level of awareness. Also, cor­porate responsibility will be emphasized as a marketing strategy of the com­panies, contributing to raising the brand to a higher respectable level. For this purpose, a methodology appropriate to the purpose and object of re­search will be chosen, that is, the method of analysis, abstraction and gen­eralization, will provide general conclusions, as well as comparative analy­sis, will be used. The conclusion will show which of the four corporate social responsibility approaches: obstructionist, defensive, adaptable, or proactive approach is preferred by the analysed companies.
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Lepetić, Jelena. "Veštačka inteligencija i upravljanje privrednim društvima." In Veštačka inteligencija: izazovi u poslovnom pravu. Univerzitet u Beogradu – Pravni fakultet, 2024. http://dx.doi.org/10.51204/internet_dijalog_2412a.

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In this paper, the author discusses the challenges posed by the development of artificial intelligence in the field of corporate law and corporate governance. Bearing in mind the numerous fields of application of artificial intelligence which are relevant from the aspect of corporate governance, the paper analyses two, it seems, key challenges for company law. The first is the application of artificial intelligence to help directors in decision-making, which is a challenge that companies and their directors are currently facing. The second is the possibility of replacing directors with software. Although it is not yet in practice, it is a challenge that is currently attracting a lot of attention from lawyers. At the beginning of the paper, artificial intelligence is defined, after which the types of artificial intelligence are presented. It is then pointed out that companies need to adopt a strategy and code of conduct regarding artificial intelligence. It is found that directors must have a basic understanding of artificial intelligence, after which it is considered whether and to what extent they can rely on software to make decisions. Finally, the scenario of the appointment of a robo-director and its consequences on the company’s legal regulations are analysed.
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Capello, Maria Angela, and C. Susan Howes. "Evolution of Ethics Frameworks in the Oil and Gas Organizations and Professional Societies." In SPE Annual Technical Conference and Exhibition. SPE, 2022. http://dx.doi.org/10.2118/209950-ms.

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Abstract The term "ethics" as a set of rules is used in the professional world as well as in professional societies to establish what is acceptable or not, in terms of ethical professional behavior. This paper explores how the practices and codification of practices related to professional practice have evolved in the Oil and Gas sector, with emphasis on professional societies. The analysis was performed summarizing the history of ethics in general, as applicable to the Oil and Gas sector. Then, research was conducted on how the several important corporations in the upstream or downstream of oil and gas initiated and evolved their own ethical codes. We also explored how the academic world has engaged in issuing Codes of Ethics that govern the behavior of both students and faculty members at the institutional and department level. A special emphasis was placed in the investigation of the evolution of the Code of Ethics of the main professional societies and organizations related to the Oil and Gas Sector, centered on SPE, and including AAPG (the American Association of Petroleum Geologists), SEG (the Societu of Exploration Geophsyicists), EAGE (the European Association of Geoscientists and Engineers) and other relevant ones. The conclusions point to a realization that the ethical codes analyzed evolved, following societal changes, in relation to under-represented groups in terms of gender, race, nationality, age, religion and ethnicity, as well as in relation to the expansion of the industry to more and new geographical areas. Currently, almost all organizations and professional societies have a Code of Ethics that profiles their main values and sets a frame for what is or not appropriate in advancing their activities. The Code of Ethics were gradually expanded, spelling out further specific rules, often called "Statements" like "Sexual Harassment," "Bribery" and "Human Rights" statements, aiming to address a variety of specific issues. The Code of Ethics, along the specific self-disclosure statements, are the ethical framework of organizations in Oil and Gas for guiding employees and stakeholders towards: –Alignment with Corporate and/or Academic Values.–Clarification of the Value Proposition for employees and/or prospective students.–Response to societal trends like "MeToo," "BlackLivesMatter," and others.–Rejection of modern issues affecting some industrial segments like Modern Work Slavery.–Enhancement of the corporate prestige and rankings in ESG (environmental, Society and Governance) grounding disclosures useful for investment decisions Our paper is a contribution to share information and raise our collective awareness in the profession about what is the current practice in Oil and Gas regarding Codes of Ethics of Corporations and Professional Societies, how they have evolved, and what are the current and future challenges and opportunities, to expand solid and useful ethics frameworks in the context of the present rapid social transformation.
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Grys, Robert. "Implementation of Building Information Modelling (BIM) on Public Infrastructure and Building Projects in Qatar." In The 2nd International Conference on Civil Infrastructure and Construction. Qatar University Press, 2023. http://dx.doi.org/10.29117/cic.2023.0028.

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Building Information Modelling (BIM) is a term that has been referenced around the world by many practitioners and researchers. This modern methodology for project delivery improves the quality, time, and cost of any type of asset. BIM is not just applicable for buildings, it is equally applicable to utilities, infrastructure, and civil engineering projects. The Public Works Authority of Qatar recognizes the importance and the imperative of collaborative BIM to enhance design, construction, operation and maintenance of its building and infrastructure assets. The authority commits to the implementation of BIM and mandates its use on all public infrastructure and building projects over the complete lifecycle. This paper illustrates the implementation roadmap and strategy, in accordance with the Corporate Strategy and Qatar National Vision 2030, to adopt modern methodologies for design and construction delivery across the country. Anticipated benefits in each project stage will be highlighted, as well as the selection of standardized BIM uses within the authority and its supply chain. The authority has developed and published the Ashghal BIM Standards (ABIMS), which comprise of various specifications, templates, and guides. Those standards build on the existing code of practice for the collaborative production of architectural, engineering and construction information (ISO-19650: 2018). Finally, the historic establishment of a corporate BIM policy is fundamental for an enterprise and industry-wide adoption, building the governance on a unique concept - the four components of BIM Implementation - namely foundation, organisation, operation, and technology.
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Atici, Gonca. "A review on blockchain governance." In Corporate governance: Theory and practice. Virtus Interpress, 2022. http://dx.doi.org/10.22495/cgtapp23.

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Having both opportunities and threats, blockchain is inevitably a game-changer disruptive innovation in our time. It keeps penetrating a wide scope of areas including banking, insurance, supply chain, trade finance and many more. During this penetration, it both affects and is affected by traditional governance mechanisms. Like the evolution of traditional governance mechanisms from shareholder to stakeholder model, blockchain technology advances towards optimizing the reciprocal effects of on-chain and off-chain governance. Based on the sophisticated and technology-dominated papers in the literature, this study handles blockchain governance by focusing on both technical and economic aspects of the concept. By analyzing different features of blockchain governance, we come up with the view that technical and economic success seems to be the highest in a hybrid governance structure at this stage
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Reports on the topic "Corporate governance code"

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Strauss, Ilan, Isobel Moure, Tim O’Reilly, and Sruly Rosenblat. The State of AI Governance Research: AI Safety and Reliability in Real World Commercial Deployment. AI Disclosures Project, Social Science Research Council, 2025. https://doi.org/10.35650/aidp.4112.d.2025.

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Drawing on 1,178 safety and reliability papers from 9,439 generative AI papers (Jan- uary 2020 - March 2025), we compare research outputs of leading AI companies (An- thropic, Google DeepMind, Meta, Microsoft, and OpenAI) and AI universities (CMU, MIT, NYU, Stanford, UC Berkeley, and University of Washington). We find that cor- porate AI research increasingly concentrates on pre-deployment areas — model align- ment and testing &amp; evaluation — while attention to deployment-stage issues, such as model bias, has waned, as commercial imperatives and existential risks have come into focus. We find significant research omissions in high-risk deployment areas, including healthcare applications, commercial and financial contexts, misinformation, persuasive and addictive features, hallucinations, and copyright usage in training and inference. AI research’s corporate concentration risks exacerbating these oversights. We recommend measures that expand external researcher access to deployment data and improve sys- tematic observability of AI systems’ in-market behaviors.
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ESG: A Barrier or a Solution to the Oil and Gas Investment Emergency? King Abdullah Petroleum Studies and Research Center, 2023. http://dx.doi.org/10.30573/ks--2022-wb11.

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On September 6, 2022, the workshop “ESG: A Barrier or a Solution to the Oil and Gas Investment Emergency?” was held in conjunction with the Arab Petroleum Investment Corporations (APICORP). This workshop had the following objectives: To continue the campaign to inform stakeholders about the alarming low investment situation in the oil and gas sector, which could result in a supply deficit in two to three years unless urgent measures are taken. To analyze the main factors affecting investment attractiveness in the sector, with particular attention to the climate issues that have shifted investors’ priorities to other industries. To analyze the role of environmental, social, and corporate governance (ESG) scores and strategies and possible solutions that could help the oil and gas industry attract more investment and, at the same time, cope with its sustainability responsibilities.
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