National Governance System, Corporate Ownership, and Roles of Outside Directors: A Corporate Governance Bundle Perspective

• Main Authors: Yoshikawa, Toru, ZHU, Hongjin, WANG, Pengji
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: Corporate Governance; Board of Directors; Ownership Mechanisms; Agency Theory; Resource Dependence Theory; Business Law, Public Responsibility, and Ethics; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/4607; https://doi.org/10.1111/corg.12050
• Institution: Singapore Management University

We explore why and how the different combinations of governance practices at national level, such as the legal system, conduct codes, and capital markets, and at firm level, such as various types of controlling shareholders, enable or constrain outside directors to engage in their monitoring and res...