Board Of Directors Research Articles

The Medicines Center and pharmaceutical care during the civil-military dictatorship (1970-1974).

The present article analyzes the formation of the first pharmaceutical care policies implemented by the Brazilian Federal Government between 1968 and 1974, during the civil-military dictatorship. It examines a set of measures adopted by the Costa e Silva and Médici governments to contain a continuous rise in the prices of raw materials and pharmaceutical specialties, with this context being essential to the creation of the Medicines Center (CEME) in 1971. The core argument of the article is that CEME represented, at the federal level, the consolidation of a policy carried out at the National Institute of Social Security (Instituto Nacional da Previdência Social - INPS) between 1968 and 1970, based on the production of inputs and medicines in public laboratories. Ended in 1970, this policy was resumed the following year with broad participation of military personnel and laboratories of the Armed Forces. The originality of this article lies in its explanation of how such support influenced the establishment of CEME in its early years. Until 1974, military members were the majority in the Board of Directors of CEME, with some of the agency's early missions being the supplier for Civil-Social Actions of the Armed Forces.

The ESG Performance in Relation to the Board of Directors’ Characteristics and Sustainability Incentives: a Cross-national Study

The ESG Performance in Relation to the Board of Directors’ Characteristics and Sustainability Incentives: a Cross-national Study

Advisory Board members discuss all things NIL

For some college student‐athletes, name, image, and likeness deals have given them the opportunity to earn big money. And for some schools, NIL has given them bigger bargaining chips to attract student‐athletes. But NIL doesn’t benefit everyone, and it complicates other areas such as compliance, transfers, and eligibility.

Meet the Editorial Board Member

Meet the Editorial Board Member

Meet the Editorial Board Member

Meet the Editorial Board Member

Editorial Board Members’ Collection Series: Improving Structural Integrity of Metals: From Bulk to Surface

Metals and alloys continue to play a crucial role in the design and construction of load-bearing structures and mechanical components [...]

The Nexus between Corporate Governance and Economic, Social and Environment (ESE) Practices: Bangladeshi Banking Paradox

This study aimed to investigate the relationship between corporate governance and sustainability practices at 45 scheduled commercial banks in Bangladesh. The study specifically focused on the impact of corporate governance on bank sustainability practices, using the Global Reporting Initiative (GRI-4) sustainability guidelines. The resource-based view theory was used to explain the relationship between corporate governance and sustainability practices. Panel data used for this analysis was derived from the annual and sustainability disclosure reports of these banks from 2017 to 2021. This study explores dimensions of corporate governance, including board size, independent board members, CEO duality, gender diversity, audit committees, risk management committees, and audit firm size, highlighting their importance in strategic decision-making. It also explores sustainability practices from a corporate perspective, focusing on economic, social, and environmental performance indicators and emphasizing the importance of strategic resource allocation and disclosure. Four hypotheses were formed, and ordinary least squares (OLS) regression was employed to test the relationship between corporate governance and bank sustainability practices. The statistical results showed that CG has a direct effect on firms overall sustainability as well as social and environmental sustainability practices. It was also seen that the size of the board has a significant effect on the overall sustainability measures (ESE). The study suggests that pro-active measures should be taken to improve sustainability practices in Bangladesh.

Meet our North American editorial board members

Meet our North American editorial board members

Welcoming new Editorial Advisory Board members.

Summary: We welcome five new Editorial Advisory Board members, who help to expand our expertise in areas of cutting-edge disease research and maintain our journal's high publishing standards.

Meet Our New Editorial Board Members of Frontier Reporters

Meet Our New Editorial Board Members of Frontier Reporters

Digital Transformation, Executive Incentives, and Bachelor's Education in Chinese A-share Listed Companies

This research investigates the interplay between digital transformation, executive incentives, and executive education in Chinese A-share listed corporations. Using a comprehensive dataset, this study examines how executives' educational backgrounds, specifically those with bachelor's degrees, influence their adoption of digital transformation initiatives. The findings highlight that CEOs with bachelor's degrees demonstrate higher adaptability to digital transformation, leveraging their exposure to contemporary educational curricula and technological advancements. Furthermore, the study explores various incentive systems, such as bonuses and stock options, which effectively motivate executives to implement digital strategies successfully.This research contributes by emphasizing the critical alignment of executive incentives with digital transformation goals. It underscores the importance of educational preparedness in equipping leaders with the requisite skills to navigate and lead in the digital era. These insights are crucial for policymakers and corporate boards aiming to enhance organizational performance through targeted executive development and robust incentive structures.

Effects of board gender and foreign directorship on the financial sustainability of Saudi listed firms: Does family ownership matter?

This study investigates how family ownership may influence the effects of board gender and foreign directorship on the financial sustainability. The panel data of 103 Saudi non-financial listed companies from 2013 to 2022 was analyzed using fixed effects, and the generalized method of moments (GMM) was used for robustness test. The research findings suggest a strong and positive effect of foreign directorship on financial sustainability, consistent with the resource dependency view and agency theory. However, board gender exerts a negative and significant influence, contradicting existing theories. Further, the moderation results show that family ownership positively moderates the effects of both board gender and foreign directorship on financial sustainability. This positive moderating result supports the agency theory’s argument that robust and stringent monitoring of corporate ownership may complement boards’ functions and boost organizational efficiency. The policy decision of the findings is that setting corporate boards with a considerable ratio of foreign directors may lead to sustainable performance. Also, it implies that family ownership seems to be an essential mechanism that can neutralize the adverse effects of boardroom diversity on outcomes.

The Influence of the Board of Commissioners, Board of Directors, Audit Committee, and Managerial Ownership on Financial Performance in Manufacturing Companies in 2020-2022

Proper implementation of Good Corporate Governance (GCG) which has an impact on financial performance. The case of PT Mayora Indah Tbk and PT. Buyung Poetra Sembada, Tbk. Company Not yet fully implement Good Corporate Governance (GCG) with Good And impact on report and performance poor finances. This research aims to Empirically examine the influence of the board of commissioners, board of directors, audit committee, and managerial ownership on financial performance in manufacturing companies in 2020-2022. Study This use method purposive sampling as method sample determination. The sample for this research consisted of 24 companies with 72 sample data. This research uses quantitative data types and secondary data sources. The data collection method uses the documentation method. The data analysis technique uses multiple linear regression analysis. The research results show that the board of commissioners, board of directors, audit committee and managerial ownership have a positive and significant effect on the financial performance of manufacturing companies in 2020-2022. This shows that the more the board of commissioners, board of directors, audit committee and managerial ownership increases, the greater the financial performance of manufacturing companies in 2020-2022. Future researchers are advised to add other independent variables that can influence financial performance, like ownership institutional, structure capital, And intellectual capital disclosure. Besides That, disar can use location study Which different in order to obtain new phenomena and findings, such as the banking, real estate and mining sectors.

The Influence of Good Corporate Governance on Financial Performance in Indonesian Islamic Banking

This study examines the impact of Good Corporate Governance (GCG) on the financial performance of Sharia banking in Indonesia Tbk. Analyzed GCG variables include the Board of Commissioners, Board of Directors, Independent Commissioners, Sharia Supervisory Board, and Audit Committee. Using a quantitative method with multiple linear regression analysis, the study employs secondary data from annual reports of Sharia banking in Indonesia Tbk. Normality tests were conducted using the One-Sample Kolmogorov-Smirnov test, while heteroscedasticity tests were performed using a scatterplot of residuals against standardized predicted values.Results indicate that none of the independent variables significantly impact financial performance, with p-values well above 0.05. Additionally, the F-test (ANOVA) shows that the independent variables collectively do not significantly impact financial performance, with an F value of 0.243 and a p-value of 0.939. The very low coefficient of determination (R²) of 0.048 suggests that the regression model explains only 4.8% of the variation in financial performance.The implementation of GCG principles at Bank Muamalat Syariah Tbk has not effectively improved financial performance. Therefore, evaluation and improvement of GCG implementation are needed, along with consideration of other factors potentially influencing financial performance. Recommended measures include enhancing the capacity of the Board of Commissioners and Board of Directors, optimizing the role of Independent Commissioners, and increasing the effectiveness of the Sharia Supervisory Board and Audit Committee to improve the bank's financial performance.

Poslovno pravo i pravo održivog razvoja – između profitabilnosti i etičnosti

As for applying the knowledge from EU law, the author points out two tendencies affecting company law in the context of sustainability. The first one is the legal duty of the companies to incorporate the statement of purpose, which is no longer limited to profit. The second one is the corporate duty of care in line with ESG standards as well as the corporate purpose. It is an integral part of a company’s business and culture. Having in mind French, German or Dutch law, directors are expected to promote long-term business success, to take care of the open list of stakeholders’ interests and to apply corporate due diligence standards. Thought leaders, however, generally describe ESG as a business strategy that creates long-term stakeholder value by addressing social, economic, and environmental opportunities and risks that are material to a company. Preservation as well as environmental protection is one of the biggest challenges that modern generations will have to face. The term green transition has been coined as an expression of the efforts to ensure the transition to a sustainable business model in order to preserve the ecosystem and the planet as such. Non-financial reporting plays a very important role in the green transition process. Integral part of the EU agenda remains the discussion about corporate directors’ duties in the context of human rights as well as environmental risks. There is no doubt that the key word of the new corporate governance paradigm is risk.

The Effect Of Gender Diversity And Free Cash Flow On Dividend Policy With Firm Size As A Moderating Variable

The purpose of this study was to determine the effect of gender diversity and free cash flow on dividend policy with firm size as a moderating variable. The population in this study are mining companies listed on the Indonesia Stock Exchange in 2020-2023. This study used purposive sampling technique, so 138 data were obtained from 87 mining companies listed on the Indonesia Stock Exchange. The results showed that gender diversity has no effect on dividend policy, free cash flow has a significant positive effect on dividend policy. Firm size cannot moderate the effect of gender diversity and free cash flow on dividend policy. The implications of the results of this study are expected to provide information for consideration by stakeholders such as the board of directors and as information for investors in making investment decisions.

Impact of Institutional Isomorphism on Gender Diversity on the Boards of Sport Organizations in Japan

This study utilized institutional theory to examine how the Governance Code implemented in Japan in 2019 increased the number of female board members in national sport federations (NF) recognized by the Japanese Olympic Committee (JOC). Using the three mechanisms of antecedents that lead to changes in institutional isomorphism as a framework (coercive isomorphism, mimetic processes, and normative pressures), we conducted semi-structured interviews with board members of sport organizations and analyzed the obtained data using thematic analysis. The results revealed institutional isomorphism influenced gender diversity on NF boards and identified the mechanisms that promote gender diversity on the boards of sport organizations.

The Influence of Leadership Style on the Performance Productivity of Members in Campus Organizations (Study at the University of Riau Student Executive Institution)

Human resource management is defined as a process for recruiting, developing, motivating and evaluating all required human resources. The research method used is a quantitative method with an explanatory approach and questionnaires for data collection. The population in this study were members of the Student Executive Board of Riau University. In determining the sample, the Slovin formula was used with a total of 62 respondents using proportionate random sampling technique. This research was processed and analyzed using SPSS 2. The research results show that the results of the F test show that based on the output data, it is known that the F value = 15.898 with a significance level of 0.000. Thus, the significance level obtained at 0.000 is smaller than α = 0.05 and the Fcount obtained at 15.898 is greater than Ftable, namely 3.03. It can be concluded that there is an influence of leadership style on the productivity of members' performance in campus organizations (Studies in Executive Boards Riau University student). Thus Ho is rejected and Ha is accepted.

Calculation of the Basic Cost of Boarding Rooms Using the Activity Based Costing Method in Determining Boarding Room Rental Rates (Case Study of Boarding Houses in Environment VIII, Bahu Village)

Calculation of the Basic Cost of Boarding Rooms Using the Activity Based Costing Method in Determining Boarding Room Rental Rates (Case Study of Boarding Houses in Environment VIII, Bahu Village)

Этос и хронос Владимира Сергеевича Соловьева

The paper presents the theses of reflections of a member of the editorial board of the journal “Solovyov Studies”, which complement the discussion of the topic “Vladimir Solovyov and the Future of Russian Philosophy” held within the framework of the international “round table”. The special role and significance of the journal “Solovyov Studies” in the scientific study of the work of the outstanding Russian religious thinker is pointed out. Over the decades of its existence, the journal has published hundreds of scientific articles by highly qualified domestic and foreign authors, outstanding scientists and novice researchers who have made a significant contribution to the study of the work of Vladimir Sergeevich Solovyov. These works are in demand today in a variety of areas of humanities – in cultural studies and philosophy, history of literature, literary criticism, religious studies and theology. This work also presents a thesis statement of the conceptual ideas of V.S. Solovyov, which have not lost their relevance in our days, but on the contrary, have acquired special acuteness and significance. In particular, it is shown that the “theocratic project” of the thinker, despite its seeming utopianism, attracts the attention of not only intellectuals, but also public and political figures in the West and in Russia. In modern Russian society, the topic of the ethos and chronos of the “Russian idea” is again being discussed with particular acuteness. One of its sources was precisely the philosophy of V.S. Solovyov. Russia, in the understanding of V.S. Solovyov, realizes God's plan for it, this is its providential ethos. Its historical mission is simultaneously moral (ethos) and providential (chronos) – it is the mission of uniting Christian civilization.