Research Question/Issue The purpose of this special issue (SI) is to encourage research examining the effect of different ownership types in and from different countries on corporate governance and objectives. Research Findings/Insights The articles included in this SI provide novel insights as to the influence of different types of owners, including states and sovereign wealth funds, families, and different types of institutional investors, as well as of other features of ownership structures, on various aspects of corporate governance, in a variety of institutional contexts. Theoretical/Academic Implications As companies face different institutional contexts when they operate internationally, and shareholders have become increasingly global, the resulting heterogeneity of shareholder types poses new challenges in our understanding of their behavior. This SI is a step in the direction of disentangling the complex implications of ownership for corporate governance across institutional contexts. Practitioner/Policy Implications Together with other owner types, the ever-increasing $100 trillion global asset management industry representing 40% of global market capitalization (PwC, 2020) fuels corporate governance and performance pressures on portfolio companies. The articles included in the SI provide useful insights as to the new ownership landscape and its consequences for operating firms in different countries.

Ownership and corporate governance across institutional contexts / Castañer, X.; Goranova, M.; Hermes, N.; Kavadis, N.; Zattoni, Alessandro. - In: CORPORATE GOVERNANCE. - ISSN 0964-8410. - 30:6(2022), pp. 638-655. [10.1111/corg.12491]

Ownership and corporate governance across institutional contexts

Zattoni A.
2022

Abstract

Research Question/Issue The purpose of this special issue (SI) is to encourage research examining the effect of different ownership types in and from different countries on corporate governance and objectives. Research Findings/Insights The articles included in this SI provide novel insights as to the influence of different types of owners, including states and sovereign wealth funds, families, and different types of institutional investors, as well as of other features of ownership structures, on various aspects of corporate governance, in a variety of institutional contexts. Theoretical/Academic Implications As companies face different institutional contexts when they operate internationally, and shareholders have become increasingly global, the resulting heterogeneity of shareholder types poses new challenges in our understanding of their behavior. This SI is a step in the direction of disentangling the complex implications of ownership for corporate governance across institutional contexts. Practitioner/Policy Implications Together with other owner types, the ever-increasing $100 trillion global asset management industry representing 40% of global market capitalization (PwC, 2020) fuels corporate governance and performance pressures on portfolio companies. The articles included in the SI provide useful insights as to the new ownership landscape and its consequences for operating firms in different countries.
corporate governance, governance objective, institutional context, ownership
Ownership and corporate governance across institutional contexts / Castañer, X.; Goranova, M.; Hermes, N.; Kavadis, N.; Zattoni, Alessandro. - In: CORPORATE GOVERNANCE. - ISSN 0964-8410. - 30:6(2022), pp. 638-655. [10.1111/corg.12491]
File in questo prodotto:
File Dimensione Formato  
Corporate Governance - 2022 - Casta er - Ownership and corporate governance across institutional contexts-2.pdf

Solo gestori archivio

Tipologia: Versione dell'editore
Licenza: Tutti i diritti riservati
Dimensione 1.62 MB
Formato Adobe PDF
1.62 MB Adobe PDF   Visualizza/Apri
Pubblicazioni consigliate

Caricamento pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11385/223379
Citazioni
  • Scopus 0
  • ???jsp.display-item.citation.isi??? 0
social impact