Institute of Interdisciplinary Studies in Humanities and Social Sciences Contemporary Science Association Global studies in education at Waikato

THE ROLE OF FINANCIAL GLOBALIZATION IN THE CHANGING GOVERNANCE PRACTICES PDF Print E-mail
Written by LUMINITA IONESCU   

ABSTRACT. da Silveira and Dias Jr. maintain that the privatization model adopted in Brazil created large companies with shared control. Othman and Ameer assert that firms tend to disclose social and environmental issues in narrative (non-monetary) terms. Callaghan and Nehmer maintain that visible companies with higher intrinsic risk and lower GS are adopting XBRL early in a low-cost attempt to improve the perception of their corporate governance quality. Dong and Xue point out that imposing stricter governance rules than the current ones is likely feasible, provided that governance-related institutions are developed consistently in China. (pp. 279–284)

JEL: F01, G34, M42

 

Keywords: financial, globalization, corporate, governance, practice, quality
 

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