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Corporate Governance and Corporate Competitiveness: an international analysis

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Author Info
Chi-Kun Ho () (Hong Kong Polytechnic University. afckho@inet.polyu.edu.hk)
Abstract

Empirical studies of corporate governance and corporate competitiveness tend to focus on specific dimensions of these two sets of corporate conditions. The findings on their relationships are mixed and inconclusive. This study uses a questionnaire to survey corporate conditions on a holistic basis, with a sample of international companies. My findings provide strong evidence that firstly, most international companies conform to good corporate governance practices; secondly, the higher such conformance is to good corporate governance practices, the stronger is the firm's competitiveness; thirdly, the relationship between corporate governance and corporate competitiveness is much stronger when corporate governance is evaluated on a holistic basis than on an individual dimension or attribute; and finally, corporate governance attributes are inter-related and it is more appropriate to pursue or study them on a collective basis. Copyright Blackwell Publishing Ltd 2005.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-8683.2005.00419.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Corporate Governance: An International Review.

Volume (Year): 13 (2005)
Issue (Month): 2 (03)
Pages: 211-253
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Handle: RePEc:bla:corgov:v:13:y:2005:i:2:p:211-253

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0964-8410&site=1

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  1. Balling, Morten & Holm, Claus & Poulsen, Thomas, 2006. "Corporate governance ratings as a means to reduce asymmetric information," Financial Reporting Research Group Working Papers R-2005-04, University of Aarhus, Aarhus School of Business, Department of Business Studies. [Downloadable!]
  2. Holm, Claus & Schøler, Finn, 2008. "Reduction of Asymmetric Information through Corporate Governance Mechanisms : The Importance of Ownership Dispersion and International," Accounting Research Center Working Papers A-2008-02, University of Aarhus, Aarhus School of Business, Department of Business Studies. [Downloadable!]
  3. M. López & Arminda Garcia & Lazaro Rodriguez, 2007. "Sustainable Development and Corporate Performance: A Study Based on the Dow Jones Sustainability Index," Journal of Business Ethics, Springer, vol. 75(3), pages 285-300, October. [Downloadable!] (restricted)
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