TY - JOUR AB - Purpose– The purpose of this editorial is to discuss the problems inherent in examining the effectiveness of corporate governance without explicit consideration of the environment faced by firms. It advocates a contingency approach to the research area, illustrating its ideas by reference to the research papers contained in this issue.Design/methodology/approach– The paper discusses several papers in the literature, placing the papers in this special issue in context, and making recommendations for future research.Findings– It is apparent that the mixed results from the vast body of research in corporate governance are potentially due to failure to adequately consider all factors affecting optimal governance practice.Research implications– Researchers should beware of assuming research findings from one environment will be replicated in another environment.Policy implications– Policy makers should not assume that transferring “best practice” from one regime to another will lead to the same outcomes VL - 4 IS - 4 SN - 1743-9132 DO - 10.1108/17439130810902778 UR - https://doi.org/10.1108/17439130810902778 AU - Dedman Elisabeth AU - Filatotchev Igor ED - Elisabeth Dedman ED - Igor Filatotchev PY - 2008 Y1 - 2008/01/01 TI - Corporate governance research: a contingency framework T2 - International Journal of Managerial Finance PB - Emerald Group Publishing Limited SP - 248 EP - 258 Y2 - 2024/09/23 ER -