Corporate group

About: Corporate group is a research topic. Over the lifetime, 1747 publications have been published within this topic receiving 46868 citations.

Pengaruh corporate governance terhadap corporate social responsibility dan kinerja perusahaan yang mendapatkan indonesia suistainabilty reporting awards

Abstract: This research aims to identify the influence of Good Corporate Governance, represented by public ownership, institutional ownership, board of director size, audit committee, on corporate social responsibility and corporate financial performance, and also to observe the possible influence of corporate social responsibility on corporate financial performance. This research examines 17 companies which are listed in Indonesian stock exchange (ISX) and have issued an audited financial statement for 2006-2011. The statics method use to test the hypothesis is path analysis. The result suggests that good corporate governance not influences both disclosure of corporate social responsibility and corporate financial performance and that corporate social responsibility significantly not influences corporate financial performance. There is no strong evidence to support the type of industries as an influencing factor of corporate social responsibility. Furthermore, we found that the latter condition would also apply whenwe analyze the influence nomination and remuneration committee on corporate financial performance.

El papel de la negociación colectiva como herramienta de reforzamiento de las representaciones sindicales más allá de la empresa

Abstract: This paper deals with an analysis of a sample of Spanish collective bargaining agreements; namely, the article focuses on the role of agreements as tools to strengthen union representation bodies, —the so called Secciones Sindicales— beyond the framework of the enterprise. In par-ticular, the paper takes as example some specific corporate group collective agreements and sectoral agreements. The second part of this article focuses on another close issue: the possibility of setting up union delegates to intervene beyond the reach of the company. First, the paper deals with the possibility to create union delegates in corporate groups, set up and regulated by corporate group collective agreements. Second, the arti-cle deals with other possibilities concernint union delegates, such as those related with corporate groups but regulated by sectoral collective agree-ments, and, finally the possibility of union sectoral delegates —beyond the reach of corporate groups— set up by sectoral collective agreements.

제주국제자유도시 추진정책에 대한 지역이해집단의 협력방안

Abstract: This study sought to overcome problems among stakeholders in the community and to find ways to sustain cooperation with Jeju Free International City Propel Policies. Thus, this study selected six groups (local government, development center, business group, press group, citizen group, and academic group) deemed to have important influence over Jeju Free International City. It also conducted a survey focusing on cooperation theory and six preconditions that can sustain cooperative relations among stakeholders. Results of the survey revealed positive or negative perceptions on mutual reliance, possibility of partnership, feasibility of the policy agreed upon by the groups, perception on cost-cutting followed by policy cooperation, selection of the leader group to sustain the cooperative relationship, and shared vision of the policy according to each group’s stake. Consequently, this study proposed ways to sustain cooperative relationships among groups based on the abovementioned results.

Doing Well By Doing Good: Leveraging Due Care for Better, More Socially Responsible Corporate Decisionmaking

Abstract: Corporate social responsibility is a good idea that is, unfortunately, dead. The debate about the proper role of corporations has been at an impasse since it began in the 1930s, and the current financial and political climate is such that any proposal seeking to impose social obligations on businesses is destined for failure. As a result, proponents of greater corporate social responsibility have had to content themselves with the current state of corporate law: that corporate fiduciaries may - but need not - consider the interests of constituencies other than shareholders in making company decisions. This Article breaks this long-standing impasse. By leveraging the current fiduciary duty of care, and in particular its requirement that managers make decisions on reasonably full information, I argue that corporate decisionmakers must assess and consider the impacts of their decisions on all of the firm's constituencies. This procedural requirement, I argue, will produce decisions that are not only financially better for the firm, but are often more socially responsible, as well.

Corporate Governance Issues: United States and the European Union

Abstract: I. INTRODUCTION II. SOME GOVERNANCE ISSUES IN THE UNITED STATES: AN OVERVIEW OF THE CORPORATE BOARD OF DIRECTORS III. THE SARBANES-OXLEY ACT AND ITS IMPLICATIONS ABROAD A. Corporate Auditing B. Provisions relating to CEO and CFO; Criminal Sanctions C. Audit Committee Independence D. Code of Ethics IV. CORPORATE TAKEOVERS, CONSTITUENCY STATUTES AND SHAREHOLDERS RIGHTS V. CONCLUSION I. INTRODUCTION While the exact definition of corporate governance should be specifically tailored to the requirements of each jurisdiction in which it is maintained, one concept utilized by both the United States and Europe is consistent: Corporate governance relates to some form of company "control." (1) The European Union has very recently increased its list of member states from fifteen to twentyseven with the recent accession of Bulgaria, Cyprus, the Czech Republic, Estonia, Hungary, Malta, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia; and, with a total population in excess of 450 million, it is certainly a force in corporate governance to reckon with. (2) It is in the interest of other powerful industrialized nations, such as the United States, to monitor trends set by the European Union and for the country's corporate practitioners and academicians to monitor the trends in corporate governance and their implication for the United States. Not surprisingly, the European Union has been doing just that with respect to corporate governance trends in the United States. For example, the European Commission (the Commission) in May 2003, responding to recent corporate governance crises depicted by Enron and its progeny and the enactment of the Sarbanes-Oxley Act of 2002 in the United States (SOX or the Act), "presented a proposed 'Action Plan for Moderni[z]ing Company law and Enhancing Corporate Governance in the EU'."(3) This plan refers to some of the same corporate governance challenges faced in the United States, relating to such things as management responsibilities, composition, and operation of the board and its committees, shareholders' rights and how they can be exercised, derivative suits, takeovers and mergers, public auditing and public confidence in the audit profession, a reference to a code on corporate governance designated for use at national level, and so forth. (4) The European Union and the United States have identified basically the same broad problems and goals in corporate governance (the importance of good corporate governance for the investors and the economy); (5) however, unlike the Sarbanes-Oxley Act, which imposes mandatory provisions for U.S. companies (through a one-size-fits-all approach), the corporate governance initiatives proposed in the E.U. Action Plan are not intended to be mandatory. (6) The European Commission stated "it d[id] not believe that a European Corporate Governance Code would offer significant added value but would simply add an additional layer between international principles and national codes." (7) The Commission, in conceding that "a self-regulatory market approach based on non-binding recommendations" would be futile as sound corporate governance, especially "[i]n view of the growing integration of European capital markets," adopted in the Action Plan a "common approach covering only certain essential rules[.]" (8) This is typical of the European approach to corporate governance: self-regulation through corporate governance codes, with public companies then required to disclose whether or not they are in compliance with such codes. (9) Consequently, a comparison of some of the corporate issues in these two systems in light of recent laws and regulations may not only be beneficial in understanding how each system functions, but may also be helpful in drawing lessons from the potential strengths and weaknesses of each system, thereby fortifying global corporate governance principles. …