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Corporate Governance and Corporate Competitiveness: an international analysis

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  • Chi‐Kun Ho

Abstract

Empirical studies of corporate governance and corporate competitiveness tend to focus on specific dimensions of these two sets of corporate conditions. The findings on their relationships are mixed and inconclusive. This study uses a questionnaire to survey corporate conditions on a holistic basis, with a sample of international companies. My findings provide strong evidence that firstly, most international companies conform to good corporate governance practices; secondly, the higher such conformance is to good corporate governance practices, the stronger is the firm's competitiveness; thirdly, the relationship between corporate governance and corporate competitiveness is much stronger when corporate governance is evaluated on a holistic basis than on an individual dimension or attribute; and finally, corporate governance attributes are inter‐related and it is more appropriate to pursue or study them on a collective basis.

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  • Chi‐Kun Ho, 2005. "Corporate Governance and Corporate Competitiveness: an international analysis," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(2), pages 211-253, March.
  • Handle: RePEc:bla:corgov:v:13:y:2005:i:2:p:211-253
    DOI: 10.1111/j.1467-8683.2005.00419.x
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    2. Claus Holm & Morten Balling & Thomas Poulsen, 2014. "Corporate governance ratings as a means to reduce asymmetric information," Cogent Economics & Finance, Taylor & Francis Journals, vol. 2(1), pages 1-16, December.
    3. Sammy G. Muriithi & Bruce A. Walters & William R. McCumber & Luis R. Robles, 2022. "Managerial entrenchment and corporate social responsibility engagement: the role of economic policy uncertainty," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(2), pages 621-640, June.
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    5. Yolanda Ramírez & Ángel Tejada, 2018. "Corporate governance of universities: improving transparency and accountability," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 15(1), pages 29-39, February.
    6. Dima Jamali & Asem M. Safieddine & Myriam Rabbath, 2008. "Corporate Governance and Corporate Social Responsibility Synergies and Interrelationships," Corporate Governance: An International Review, Wiley Blackwell, vol. 16(5), pages 443-459, September.
    7. Thang Quyet Nguyen & Nguyen Thanh Long & Thanh-Lam Nguyen, 2019. "Impacts of corporate social responsibility on the competitiveness of tourist enterprises: An empirical case of Ben Tre, Vietnam," Tourism Economics, , vol. 25(4), pages 539-568, June.
    8. Francesca Bernini & Fabio La Rosa, 2024. "Research in the greenwashing field: concepts, theories, and potential impacts on economic and social value," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(2), pages 405-444, June.
    9. Sang, Yuli & Xie, Mingjian & Bai, Xiaolong & Guo, Fusen, 2024. "Does natural resource dependence influence the impact of financial technologies on corporate ESG and digital governance in China's listed enterprises?," Resources Policy, Elsevier, vol. 91(C).
    10. Huseynov, Fariz & Klamm, Bonnie K., 2012. "Tax avoidance, tax management and corporate social responsibility," Journal of Corporate Finance, Elsevier, vol. 18(4), pages 804-827.
    11. Quôc Thai Huynh, 2010. "Les déterminants de l’activisme des actionnaires minoritaires:insuffisance de gouvernance affichée ou de résultats financiers?," Revue Finance Contrôle Stratégie, revues.org, vol. 13(3), pages 95-114., September.
    12. Jesús Mauricio Flórez Parra, 2016. "El gobierno corporativo en el ámbito del sector público: un estudio bibliométrico en las revistas ubicadas en el área de Administración Pública," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, vol. 25(1), pages 161-175, December.
    13. Serres, Coline & Hudon, Marek & Maon, François, 2022. "Social corporations under the spotlight: A governance perspective," Journal of Business Venturing, Elsevier, vol. 37(3).
    14. Bassem Salhi, 2021. "RETRACTED: The Relationship between CEO Psychological Biases, Corporate Governance and Corporate Social Responsibility," JRFM, MDPI, vol. 14(7), pages 1-19, July.
    15. Md. Harun Ur Rashid & Shah Asadullah Mohd. Zobair & Md. Asad Iqbal Chowdhury & Azharul Islam, 2020. "Corporate governance and banks’ productivity: evidence from the banking industry in Bangladesh," Business Research, Springer;German Academic Association for Business Research, vol. 13(2), pages 615-637, July.
    16. Arunima Haldar & S. V. D. Nageswara Rao & Kirankumar S. Momaya, 2016. "Can Flexibility in Corporate Governance Enhance International Competitiveness? Evidence from Knowledge-Based Industries in India," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 17(4), pages 389-402, December.
    17. Holm, Claus & Schøler, Finn, 2008. "Reduction of Asymmetric Information through Corporate Governance Mechanisms : The Importance of Ownership Dispersion and International," Accounting Research Center Working Papers A-2008-02, University of Aarhus, Aarhus School of Business, Department of Business Studies.
    18. M. López & Arminda Garcia & Lazaro Rodriguez, 2007. "Sustainable Development and Corporate Performance: A Study Based on the Dow Jones Sustainability Index," Journal of Business Ethics, Springer, vol. 75(3), pages 285-300, October.

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