Corporate governance, ownership and control: A review of recent scholarly research

Yaroslav Mozghovyi,Alex Kostyuk,Dmytro Govorun

doi:10.22495/cbv14i1art4

Abstract

This manuscript is aimed at highlighting the most recent trends in corporate governance, ownership and control based on the manuscripts presented at the international conference “Corporate Governance, Ownership and Control” that took place in Rome on February 27, 2018. We have also used reputable papers published in the relevant academic journals in the past to support the arguments stated by the authors of the papers, presented at the conference. This paper covers a wide range of corporate governance topics in corporate ownership and control toward corporate governance mechanisms, such as board of directors, the board diversity, directors’ remuneration, firm performance, auditing and accounting, etc. We saw a growing interest of researchers to widen the scope of their major research to link it to corporate ownership and control issues. Currently, corporate governance research follows two major routs: classical empirical corporate governance research and multidisciplinary research aimed at findings non-conventional methods to solution of existing problems.

Highlights

The main purpose of the conference was to provide the platform for academics and practitioners from many countries of the world to discuss the oldest issue of corporate governance - issue of separation of ownership and control
Andrei analysed the financial performance of the banking sector in Romania during 2007-2017, by employing standard econometric tools, working with quarterly statistics published by the National Bank of Romania (NBR), Eurostat and Bloomberg
The results suggest that big auditing firms play a relevant role in CSR reporting, which may help to mitigate informative asymmetries between managers and stakeholders

Summary

INTRODUCTION

The main purpose of the conference was to provide the platform for academics and practitioners from many countries of the world to discuss the oldest issue of corporate governance - issue of separation of ownership and control. Alessandro Zattoni, Professor of Strategy, Department of Business and Management, LUISS, Italy He shared his view on corporate governance scientific research through his experience as a member of editorial boards. The second keynote speaker Cesario Mateus, Associate Professor in Finance and Banking, Business School, University of Greenwich, London, UK continued the discussion about corporate governance research. He proposed to look for different perspective on boards, remuneration and corporate governance – what happens in the real world of financial institutions?

Corporate governance and family ownership

Corporate governance and financial markets

Corporate governance in banking institutions

Findings

CONCLUSION