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Article
Publication date: 8 January 2021

Sara Sofia Gomes Mariano, Javad Izadi and Maurice Pratt

The purpose of this study is to investigate the impact of corporate governance structures on the likelihood of financial distress in UK listed companies. The paper examines the…

1970

Abstract

Purpose

The purpose of this study is to investigate the impact of corporate governance structures on the likelihood of financial distress in UK listed companies. The paper examines the impact of borrowing and corporate governance structures on financial distress likelihood in UK companies.

Design/methodology/approach

The study uses a quantitative approach with financial, governance and borrowing measures and data from 270 firm-observations between 2010 and 2018. The study analyses the impact of borrowing and corporate governance structures to indicate financial distress likelihood in British companies. Corporate governance variables such as ownership concentration, independence indicators, chief executive officer duality, director remuneration and corporate loans are considered, as well as the UK Corporate Governance Code.

Findings

The results indicate that companies with low ownership concentration and a low degree of independence are more likely to incur financial distress. Larger boards and better director remuneration can reduce financial distress likelihood and the existence of corporate loans can increase this likelihood. Empirical consideration of corporate borrowing is a new contribution to the literature.

Originality/value

Variables are highlighted and aggregated that have not otherwise been studied together; the UK Corporate Governance Code’s main ideas are empirically supported; the study is useful for defining corporate governance structure strategies.

Details

International Journal of Accounting & Information Management, vol. 29 no. 2
Type: Research Article
ISSN: 1834-7649

Keywords

Article
Publication date: 1 February 1993

D. Brian Harrison and Maurice D. Pratt

Business process redesign, practiced in a wide range of industries, is uncovering new ways to organize work that, in turn, are creating breakthrough improvements. The authors…

Abstract

Business process redesign, practiced in a wide range of industries, is uncovering new ways to organize work that, in turn, are creating breakthrough improvements. The authors present a proven methodology and an action plan.

Details

Planning Review, vol. 21 no. 2
Type: Research Article
ISSN: 0094-064X

Article
Publication date: 1 March 2001

Claudio Vignali

Examines the debate on internationalisation versus globalisation with specific reference to Tesco UK’s expansion into Ireland. First, Tesco UK and Tesco Ireland are introduced in…

14415

Abstract

Examines the debate on internationalisation versus globalisation with specific reference to Tesco UK’s expansion into Ireland. First, Tesco UK and Tesco Ireland are introduced in their respective markets. Following this, an analysis of the relevant elements of the marketing mix is presented. The degree of consistency between the companies’ strategies and tactics is then examined with the help of the MIXMAP model. Finally, conclusions are drawn on the extent to which Tesco UK has had to adapt its marketing strategies to the sensitive Irish consumer.

Details

British Food Journal, vol. 103 no. 2
Type: Research Article
ISSN: 0007-070X

Keywords

Book part
Publication date: 9 October 2019

Linda Chisholm

Abstract

Details

Teacher Preparation in South Africa
Type: Book
ISBN: 978-1-78743-694-7

Article
Publication date: 1 February 1997

Kamel Naser and Maurice Pendlebury

This paper discussed the evolution of Islamic banks and their financial reporting practices. The paper reflected on religious justifications for establishing banks. In addition, a…

1119

Abstract

This paper discussed the evolution of Islamic banks and their financial reporting practices. The paper reflected on religious justifications for establishing banks. In addition, a comparison between Islamic and commercial banks was provided.

Details

International Journal of Commerce and Management, vol. 7 no. 2
Type: Research Article
ISSN: 1056-9219

Article
Publication date: 1 March 1991

An aircraft order worth $350 million (£184m) for six Rolls‐Royce powered Boeing 757s has been signed by Britain's leading leisure airline, Britannia Airways.

Abstract

An aircraft order worth $350 million (£184m) for six Rolls‐Royce powered Boeing 757s has been signed by Britain's leading leisure airline, Britannia Airways.

Details

Aircraft Engineering and Aerospace Technology, vol. 63 no. 3
Type: Research Article
ISSN: 0002-2667

Book part
Publication date: 9 October 2019

Linda Chisholm

Abstract

Details

Teacher Preparation in South Africa
Type: Book
ISBN: 978-1-78743-694-7

Article
Publication date: 1 August 1992

Dunlop Aircraft Tyres Division has been selected as the original equipment supplier by CMC for its Leopard business jet, which is designed to replace four/five seater propeller…

Abstract

Dunlop Aircraft Tyres Division has been selected as the original equipment supplier by CMC for its Leopard business jet, which is designed to replace four/five seater propeller aircraft towards the end of the decade.

Details

Aircraft Engineering and Aerospace Technology, vol. 64 no. 8
Type: Research Article
ISSN: 0002-2667

Article
Publication date: 1 June 1991

Litton's Guidance & Control Systems division has received S24.5 million in new funding on previously awarded U.S. Air Force and foreign military sales contracts for production of…

Abstract

Litton's Guidance & Control Systems division has received S24.5 million in new funding on previously awarded U.S. Air Force and foreign military sales contracts for production of laser gyro navigation systems for fighter and transport aircraft.

Details

Aircraft Engineering and Aerospace Technology, vol. 63 no. 6
Type: Research Article
ISSN: 0002-2667

Article
Publication date: 1 June 1976

Don Kennington, Alan Day, Gordon Wright and Peter Pocklington

IN 1972 the Public Libraries Research Group (PLRG) was presented with a discussion paper on public libraries and long range planning. The group had recently published its public…

Abstract

IN 1972 the Public Libraries Research Group (PLRG) was presented with a discussion paper on public libraries and long range planning. The group had recently published its public library aims and objectives statement and was looking for ways to assess future developments in these areas of management. Wennerberg in Sweden had just published a paper in the Unesco Bulletin on the Delphi technique as applied to special libraries, and reading this had stimulated the discussion paper. A search of the literature had revealed some references to the use of Delphi in industry, urban planning and professional areas such as medicine and higher education and, after considerable discussion, the group decided to accept the offer of the author and a colleague, Gordon Pratt, to attempt some research using this approach. The project organisers combined substantial and varied experience in a number of libraries with statistical knowledge and this combination proved to be highly desirable producing a truly multi‐disciplinary approach to the work.

Details

New Library World, vol. 77 no. 6
Type: Research Article
ISSN: 0307-4803

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