Corporate Governance and Sustainability Review

Journal Information
ISSN / EISSN : 2519-8971 / 2519-898X
Current Publisher: Virtus Interpress (10.22495)
Total articles ≅ 57
Archived in

Latest articles in this journal

Mythili Kolluru
Corporate Governance and Sustainability Review, Volume 5, pp 15-21; doi:10.22495/cgsrv5i1p2

The current paper aims to explore the association between rewards and employee performance in the Oman banking sector. This study evaluates data of 500 bank employees across 18 listed banks in the Sultanate of Oman. A theoretical framework is discussed to assess the effects of rewards on employee performance. According to this literature review, it is proven that rewards influence employee performance. Güngör’s (2011) study shows that organizations develop reward strategies to motivate and increase employee performance. Salah (2016) proves that rewards have a strong influence on employee performance, and he further states that incentives encourage employees to work with purpose and increase organizational performance. The outcomes are examined using factor analysis, structural equation modeling, and multivariate analysis of variance. The results of this study provide critical insights into how companies can adopt effective reward management to sustain and compete in the dynamic business landscape and modulate performance management in Omani banks. Overall, a statistically significant association between the rewards system and employee performance in Oman’s listed banks is established in this study. The study further underscores the need to design and evolve employee-centric policies to get optimum performance. It also offers guideposts for managers and policy planners working in the Middle East countries’ banking sector to develop holistic policies to succeed in stiff, cut-throat competition and ensure participatory management for best performance. Herein, extrinsic and intrinsic rewards are studied concerning their impact on the performance matrix. A proper insightful reward management system may lead to optimum performance, better outcomes, and a robust financial plan
Corporate Governance and Sustainability Review; doi:10.22495/cgsr

Corporate Governance and Sustainability Review, Volume 4, pp 4-6; doi:10.22495/cgsrv4i2editorial

The issue today is no longer to further investigate the “rules and mechanisms” of corporate governance, that have already been largely examined. It is more on reading through the lenses of corporate governance the new important issues that are challenging our world. The ten papers included in this issue discuss many different and interesting topics related to corporate governance and sustainability. We can see some common elements that certainly represent three emerging and relevant trends that characterize our contemporary world.The first one is obviously fundamental for our journal and is represented by the evolution of sustainability trends. The second common element that can be recognised in some papers of this issue is related to a global perspective approach and globalization. A third element that connects various papers of this issue and which constitutes an absolutely crucial and strategic trend for our world is represented by digital innovation and ICT.
Ali Alajmi
Corporate Governance and Sustainability Review, Volume 4, pp 102-126; doi:10.22495/cgsrv4i2p10

Dhruba Lal Pandey, Nischal Risal
Corporate Governance and Sustainability Review, Volume 4, pp 93-101; doi:10.22495/cgsrv4i2p9

Good governance is the essence of success for every public and private organization. The traditional governance system is delayed and costly. With the robust development of information technology, an adaptation of e-governance is common across the country to reduce the drawbacks of the traditional governance system. But the complaints from the public related to the discharge of public service have not been reduced. The claims of the general public lie on poor economic governance in the implementation of e-governance. Thus, the study aims to examine the role of economic governance on e-governance practices. Descriptive and correlational research designs were deployed while undertaking the study to explain the position of variables in the national context and examine the relationship between economic governance and e-governance. The bureaucrats, academicians and business professionals are the respondents of the study. Purposive sampling methods were deployed. The study findings show the government should develop a strategic framework for the effective implementation of e-governance. Government tends to focus on infrastructure, and qualified manpower development and increase computer literacy on the public to effective implementation of e-governance in Nepal.
Sunita Rao, Norma Juma
Corporate Governance and Sustainability Review, Volume 4, pp 77-92; doi:10.22495/cgsrv4i2p8

This study provides a better understanding of the possible influence of firms’ financial performance on the disclosure of sustainability initiatives and assurance of sustainability reports (Perego & Kolk, 2012). The study analyzes the use of Big4 accounting, engineering, and boutique/consultancy firms for assurance of sustainability reports. A total of 2084 sustainability reports from 42 different countries were retrieved from the Global Reporting Initiative and the corresponding financial variables were obtained from the S&P Capital IQ database. Multilevel logistic regression analysis was undertaken to investigate the issue. We hypothesize that companies with higher financial performance will be more likely to choose an assurance provider from the Big4 (Carey, Simnett, & Tanewski, 2000). While we find that higher financial performers are no different from other performers (as proxied by EVA, TEV, or ROS) when it comes to Big4, we do find that engineering firms are approximately seven times more likely to be chosen as an assurance provider, after controlling for other variables (when EVA and TEV (not ROS) is used as a proxy for financial performance). Importantly, the number of employees and being in the manufacturing industry are significantly related to choosing an engineering firm as an assurance provider when EVA or TEV is used as a proxy for financial performance, and significantly related to choosing a boutique/consultancy firm when ROS is used as a proxy for financial performance.
Christos Kallandranis, Petros Kalantonis, Abdulkader Aljandali
Corporate Governance and Sustainability Review, Volume 4, pp 68-76; doi:10.22495/cgsrv4i2p7

Utilizing a unique panel dataset of 273 listed firms in the Athens Stock Exchange (ASE) we explore the issue of capital market imperfections with respect to access to investment financing. In particular, we investigate the extent to which investment is sensitive to the availability of internal finance. By employing a fixed-effect model, our empirical results indicate a positive association of cash flow and investment, leading to the conclusion of imperfect substitutability between internal and external finance and thus the importance of the former for investment decisions. According to our knowledge, this is the first study covering the specific tremble period of ASE for Greek manufacturing firms.
Emna Klibi, Salma Damak-Ayadi, Sinda Dridi, Bouchra M’Zali
Corporate Governance and Sustainability Review, Volume 4, pp 56-67; doi:10.22495/cgsrv4i2p6

The publisher has not yet granted permission to display this abstract.
Pingali Venugopal
Corporate Governance and Sustainability Review, Volume 4, pp 50-55; doi:10.22495/cgsrv4i2p5

Corporates and consumers are aware of the environmental consequences of consumption. However, forty per cent of environmental degradation is known to have been caused by human consumption behaviour while marketing has been blamed for promoting materialism (irresponsible consumption). Literature suggests that adopting responsible marketing strategies would not only promote responsible consumption (Abutaleb & El-Bassiouny, 2020) but also build long-term competitive advantage (Agrawal, Kumar, & Rahman, 2017) and help companies financially (Eccles, Ioannou, & Serafeim, 2011). Building responsible marketing strategies would, however, require changes at both, the organisational and the marketing level (Rudwaska, 2019). This paper, using a theory-building methodology, proposes a framework that identifies the organisational values (necessary condition) and the responsible marketer’s role (sufficient condition) for responsible marketing that ensures responsible consumer behaviour for all the different stages of the marketing planning process. Themes from papers presented in an International Conference on Responsible Marketing were analysed to suggest how corporates could develop responsible marketing strategies and promote responsible consumption. Applicability, limitations, and areas for future research are identified.
S. Sandhya, Neha Parashar
Corporate Governance and Sustainability Review, Volume 4, pp 40-49; doi:10.22495/cgsrv4i2p4

The publisher has not yet granted permission to display this abstract.
Back to Top Top