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Article
Publication date: 8 January 2018

Emmanuel Yeboah-Assiamah, Kobus Muller and Kwame Ameyaw Domfeh

Natural resources in contemporary times are mostly managed by a collaborative governance approach which hinges on complex institutional designs (rules, norms and…

Abstract

Purpose

Natural resources in contemporary times are mostly managed by a collaborative governance approach which hinges on complex institutional designs (rules, norms and strategies). Many studies have been designed and carried out to assess collaborative governance, and the various institutional designs underpinning them. The purpose of this paper is to unpack the methodological gaps in natural resource governance research (with emphasis on co-management) and to conceptualise the appropriateness of Transdisciplinary (TD) research approach.

Design/methodology/approach

The paper adopts a critical stage review of relevant theoretical and empirical literature on natural resource governance. It discusses the complexities inherent in natural resource governance and juxtaposes these with the inherent weaknesses in methodologies employed by existing studies on the concept. The authors make a case for a TD research methodology that links scientists, practitioners and society in a joint problem design and solution process.

Findings

The authors register a “fuzziness” of the collaborative governance phenomenon but observe a methodological gap in existing studies on the concept. This paper discusses the complexities inherent. The paper describes TD as a “tailor-made approach” to solving complex societal issues and makes a case for its adoption in natural resource governance studies.

Research limitations/implications

This standalone paper is largely conceptual and not linked to any primary data; this notwithstanding, it synthesizes from both empirical and theoretical literature which would help shape future research endeavours in natural resource governance context.

Practical implications

With TD study oriented towards an epistemologically flexible approach, perspectives from different social and academic actors are integrated in this expanding field of research to address societal problems.

Originality/value

The paper provides a conceptual framework designating how actors interact in the TD research process as well as a “four-phase” approach in carrying out a TD research.

Details

Management of Environmental Quality: An International Journal, vol. 29 no. 1
Type: Research Article
ISSN: 1477-7835

Keywords

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Article
Publication date: 29 July 2014

Lin Zhang and Xiaojun Zhang

The aim of this research is to explore the behavioral model of Chinese organizational leaders acquiring resources for the development of their organizations under the…

Abstract

Purpose

The aim of this research is to explore the behavioral model of Chinese organizational leaders acquiring resources for the development of their organizations under the influence of hierarchically oriented social governance.

Design/methodology/approach

The paper compares the differences between Western and Chinese contexts and conducts a grounded multi-case study to explore leadership behavioral model in the Chinese context.

Findings

First, the Chinese social governance structure is hierarchically oriented, whereas the Western social governance structure is market oriented. Second, this unique inconformity found in the Chinese organizational leaders as contorted leadership, which refers to the inconsistency between leaders’ cognition and their behavior when acquiring resources for the development of their organizations, is defined. Third, the conflict between leaders’ cognition and behaviors is caused by the social governance mechanism within which leaders are embedded.

Research limitations/implications

The authors have just made a first step to understand contorted leadership in the Chinese context, further researches should pay more attention to exploring the origins, functions and impacts of leaders’ contorted behaviors.

Originality/value

First, leadership is linked with social governance by emphasizing on the core role of social governance in allocating the resources which organizational leaders scramble for. Second, a new kind of leadership –contorted leadership – in the Chinese context that emphasizes on the contradiction between leaders’ cognition and behavior, which deepens the understanding of leadership contextualization, is identified.

Details

Chinese Management Studies, vol. 8 no. 3
Type: Research Article
ISSN: 1750-614X

Keywords

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Article
Publication date: 1 June 2010

Stephen S. Everhart

A neoclassical model of growth is augmented with the purpose of investigating the relationship between private investment, resource endowments, and corruption. It allows…

Abstract

Purpose

A neoclassical model of growth is augmented with the purpose of investigating the relationship between private investment, resource endowments, and corruption. It allows for the possibility that corruption influences the steady‐state growth rate through its impact on private investment, resource endowment management, human capital, and governance.

Design/methodology/approach

Corrupt environments critically affect long‐run sustainable economic development through the private investment decision. The groundwork may significantly contribute to emerging economies, particularly Middle East and North African countries with abundant natural resources. Understanding corruption is important for policy recommendations that can fuel the reform agenda. The theoretical model incorporates the potential direct impact and potential indirect effects of corruption on economic output by examining its influence on resource endowment management, the level of private investment and governance. The neoclassical approach is advantageous in that it allows for explicit incorporation of the indirect effects of corruption and potential tradeoffs.

Findings

One conclusion is that for highly corrupt countries, the marginal benefit to output of reducing corruption outweighs virtually any other policy action. The importance of strong governance as a mitigating force against corruption's negative effects is also highlighted. In addition, it indicates that the timing of reform efforts is significant.

Originality/value

The literature lacks a theoretical framework incorporating the potential indirect effect of corruption on output through resource endowment management and the direct effect of corruption through its impact on governance. The literature has only examined the hypothesized influences separately. The paper explicitly links corruption, resource endowments, private investment, and economic output.

Details

Education, Business and Society: Contemporary Middle Eastern Issues, vol. 3 no. 2
Type: Research Article
ISSN: 1753-7983

Keywords

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Article
Publication date: 1 October 2006

Igor Filatotchev, Steve Toms and Mike Wright

The paper seeks to present a novel conceptual framework that integrates the strategic dynamics of the firm with changes in its governance systems.

Abstract

Purpose

The paper seeks to present a novel conceptual framework that integrates the strategic dynamics of the firm with changes in its governance systems.

Design/methodology/approach

The agency research agenda is extended to include other corporate governance roles, such as resource and strategy functions, alongside monitoring and control functions. Theoretical arguments are supported by empirical data related to the founder‐manager/IPO, IPO/maturity, maturity/decline and reinvention thresholds.

Findings

The paper shows that corporate governance parameters may be linked to strategic thresholds in the firm's life‐cycle. Successful transition over a threshold is accompanied by a rebalancing in the structure and roles of corporate governance compared with each previous stage in the cycle.

Research limitations/implications

In the absence of longitudinal data relating to firms as they pass through all life‐cycle stages the study has been restricted to reporting illustrative data from different studies regarding each strategic threshold. Further research might usefully undertake detailed long‐term case studies using a combination of archival and interview data to trace the evolution of firms across the four thresholds.

Originality/value

This paper develops a novel conceptual framework that integrates the strategic dynamics of the firm with changes in its governance systems. It rejects the notion of a universal governance template and argues that corporate governance parameters may be linked to transitions from one stage to another in the firm's life‐cycle. Accordingly, it argues that changes in a firm's strategic positioning may be associated with rebalancing between the wealth‐protection and wealth‐creation functions of governance.

Details

International Journal of Managerial Finance, vol. 2 no. 4
Type: Research Article
ISSN: 1743-9132

Keywords

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Article
Publication date: 4 March 2014

Luiz Fernando Macedo Bessa and Marcelo Facchina

The purpose of this paper is to discuss the reasons behind the difficulties in implementing proper participatory environmental and water governance systems in the…

Abstract

Purpose

The purpose of this paper is to discuss the reasons behind the difficulties in implementing proper participatory environmental and water governance systems in the metropolitan region of Brasilia, Brazil.

Design/methodology/approach

This work is a result of a the qualitative analysis of documents and reports of local participatory arenas in Brasilia, and is complemented by a set of 13 interviews held between November 2009 and March 2010 with a variety of actors involved in the promotion of sustainability in the region.

Findings

The findings reveal that impediments to the good performance of environmental governance in the Federal District are a consequence to two main factors: institutional framework poorly transferred from the national level and incompatibility between the set of regulations and local electoral power dynamics.

Research limitations/implications

As a consequence of the deliberate choice of one specific case, the conclusions of this paper may erroneously overemphasize the perils of participatory local governance rather than its potentials.

Practical implications

By identifying a series of mechanisms that threaten positive partnerships between governments and civil society at the local level, this work serves as an important tool for public managers and civil society to engage in more fruitful partnerships.

Originality/value

The paper provides a power-based analysis of a case of ineffectiveness of participatory mechanisms. In doing so, it also demonstrates that policy planning must be analysed from a variety of perspectives, and often involve coalitions that cut across the traditional state-society divide. The identification of the mechanisms behind the creation of these obstacles constitutes the originality and value of this paper.

Details

Management of Environmental Quality: An International Journal, vol. 25 no. 2
Type: Research Article
ISSN: 1477-7835

Keywords

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Article
Publication date: 14 June 2011

Olivier Meier, Audrey Missonier and Richard Soparnot

This paper aims to answer two questions: firstly, how does the mode of corporate governance evolve following a merger between two specific companies looking for a joint

Abstract

Purpose

This paper aims to answer two questions: firstly, how does the mode of corporate governance evolve following a merger between two specific companies looking for a joint innovation policy? Secondly, what are the factors that guide decision makers towards choosing one governance model over another?

Design/methodology/approach

In order to answer these questions, this study focuses on two unlisted SMEs within the information and communication technology (ICT) sector, where joint innovation plays a key role. The authors studied the corporate governance decisions made during a strategic alliance between a small enterprise (called eStat) and a medium‐sized enterprise (called Médiamétrie), formed with a view to building a strategic partnership based on technological innovation. The method chosen to carry out this research involved a single case study based on passive observation (153 days of observation), participant observation, the conducting of 70 semi‐structured interviews and the analysis of internal documents such as the memorandum of understanding.

Findings

From a critical reading of the “standard” (disciplinary/shareholder, relating to process profitability issues in particular) and the “strategic” (the importance of human capital, relating to innovation issues in particular) approaches, the authors demonstrate how the managers of the newly‐created company (Médiamétrie‐eStat) gradually opted for a renewed, resource‐based corporate governance model.

Originality/value

Contrary to what underlies existing literature addressing corporate governance, this paper shows the need to consider the dynamics involved in the adoption of the corporate governance model when a merger deals with strategic innovation issues.

Details

Corporate Governance: The international journal of business in society, vol. 11 no. 3
Type: Research Article
ISSN: 1472-0701

Keywords

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Article
Publication date: 7 August 2007

Sophie Bury and Richard Leblanc

The web offers a large and ever expanding range of information sources on the popular and widely researched topic of corporate governance. This paper aims to introduce…

Abstract

Purpose

The web offers a large and ever expanding range of information sources on the popular and widely researched topic of corporate governance. This paper aims to introduce keys sites of quality and relevance to those interested in researching the field of corporate governance using freely available web resources. It will also aims to prove useful to librarians who wish to develop web‐based subject pathfinders in this field or who want simply to connect with and build their knowledge of major topics and participants in the field of corporate governance.

Design/methodology/approach

By way of introduction important or groundbreaking works in the corporate governance literature are identified and cited in the paper to place selected web sites within the context of recent and historic developments in the area of corporate governance. A wide range of web‐based sources were consulted and critically evaluated in the study.

Findings

The result of this work is a significant sampling of quality web‐based information sources with evaluative annotations.

Originality/value

Given the recent explosion in information resources available on the topic of corporate governance, this paper will prove especially timely and useful to anyone interested in accessing and interacting with quality information on the free web from a wide range of significant players and stakeholders in the corporate governance arena.

Details

Reference Services Review, vol. 35 no. 3
Type: Research Article
ISSN: 0090-7324

Keywords

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Article
Publication date: 13 July 2015

Thomas O'Connor and Julie Byrne

– The purpose of this paper is to explore the relationship between corporate governance and firm value at different stages of the corporate life-cycle.

Abstract

Purpose

The purpose of this paper is to explore the relationship between corporate governance and firm value at different stages of the corporate life-cycle.

Design/methodology/approach

The authors use two measures, commonly employed in the literature, to differentiate between “immature” and “mature” firms, and estimate separate governance-value regressions for each set of firms.

Findings

The findings suggest that it is differences in the resource/strategic governance functions, which manifest in young firms which result in differences in value across firms, all else equal. The authors find no relationship between governance and firm value for older firms. Hence, differences in the monitoring aspect of governance between mature firms are not rewarded with a value premium.

Research limitations/implications

The findings imply that the strategic and resource roles of governance are “must haves” for firms since firms that score highly on these fronts are valued more highly. In contrast, differences in the monitoring aspect of governance are not rewarded, suggesting that effective monitoring is not a necessity, but rather a “nice to have”. The analysis is limited to a small sample of emerging market firms, and it would be of interest to extend this analysis to a larger and broader sample of firms.

Originality/value

The findings suggest that corporate governance is not valued at all stages of the corporate life-cycle.

Details

Managerial Finance, vol. 41 no. 7
Type: Research Article
ISSN: 0307-4358

Keywords

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Article
Publication date: 30 September 2019

Jorge Alejandro Silva Rodríguez de San Miguel

The purpose of this paper is to look at how the topic of water governance in the USA reflects the discussion just prior to the contemporary wave of privatisation that now…

Abstract

Purpose

The purpose of this paper is to look at how the topic of water governance in the USA reflects the discussion just prior to the contemporary wave of privatisation that now characterises a large section of water in the country.

Design/methodology/approach

In addition to select classic articles, the body of literature chosen for review includes studies published between 2000 and 2019, using The PRISMA statement. Studies chosen were published in recognised journals in core disciplines relating to governance, water management, policy and regulation.

Findings

Private equity firms and water-focused investment funds are significant investors in private companies that operate municipal water works in the USA. This has caused much of the public water infrastructure in the country (and globally) to become privatised and held by international investors as securitised assets.

Research limitations/implications

There is a need for further primary research to more comprehensively capture what actions the US government are taking to carve out a large policy-making space for themselves in a country that there is not an extensive body of literature on takeover decisions in water governance.

Originality/value

The confluence of privatisation in water governance within the US government is an area of growing concern to those interested in how water governance systems and protocols shape broader justice and equality developments across the country.

Details

Management of Environmental Quality: An International Journal, vol. 31 no. 1
Type: Research Article
ISSN: 1477-7835

Keywords

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Book part
Publication date: 29 August 2017

Eleanor R. E. O’Higgins

This chapter discusses the special case of extractive industries in relation to susceptibility to corruption, especially in states with weak institutional and governance

Abstract

This chapter discusses the special case of extractive industries in relation to susceptibility to corruption, especially in states with weak institutional and governance structures. The systemic nature of this corruption is shown in a vicious cycle of extractive resource dependency and corruption which reinforce each other. The chapter then concentrates on the supply side of corruption, and the role of the private sector with domestic and foreign natural resources companies feeding into systemic corruption. Corruption is underpinned by a high demand, high prices for extractive resources scenario, and mitigated by a low demand, low prices scenario. Transparency oriented, anticorruption measures may not be effective in their own right, but a low demand, low prices scenario could provide an opening for such measures to take root, with accompanying benefits to the citizens of resource rich states and their environment. This suggests taking a contingency approach to dealing with corruption.

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