Dépouillements

Governance transparency among the largest multinational corporations / Raj Aggarwal in Transnational Corporations, TRANSCORP 22/1 ([14/08/2015])  

Public ISBD [article]  inTransnational Corporations > TRANSCORP 22/1 [14/08/2015] . - p. 1-30 Titre : Governance transparency among the largest multinational corporations : influence of firm, industry and national factors Type de document : texte imprimé Auteurs : Raj Aggarwal, Auteur ; John W. Goodell, Auteur Année de publication : 2015 Article en page(s) : p. 1-30 Langues : Anglais (eng) Tags : Sociétés transnationales  Entreprises  Etat  Gouvernance Résumé : Using the Transparency in Corporate Reporting index from Transparency International, this paper examines the factors that influence the transparency of the world’s largest multinational corporations (MNCs). Our results show that while firm and industry characteristics are important, so is MNC nationality. Somewhat surprisingly, lower MNC transparency is associated with a higher market-to-book ratio, the finance and technology industries, higher national GDP, English legal origin, greater national emphasis on market (rather than bank) financing, and the cultural dimensions of uncertainty avoidance, power distance and masculinity. Higher levels of transparency are associated with individualism. In sum, we find that home country characteristics remain important in determining the transparency of even the world’s largest MNCs. En ligne : http://investmentpolicyhub.unctad.org/Upload/Documents/TNC%20Vol%2022no1.pdf [article] Governance transparency among the largest multinational corporations : influence of firm, industry and national factors [texte imprimé] / Raj Aggarwal, Auteur ; John W. Goodell, Auteur . - 2015 . - p. 1-30. Langues : Anglais (eng) in Transnational Corporations > TRANSCORP 22/1 [14/08/2015] . - p. 1-30 Tags : Sociétés transnationales  Entreprises  Etat  Gouvernance Résumé : Using the Transparency in Corporate Reporting index from Transparency International, this paper examines the factors that influence the transparency of the world’s largest multinational corporations (MNCs). Our results show that while firm and industry characteristics are important, so is MNC nationality. Somewhat surprisingly, lower MNC transparency is associated with a higher market-to-book ratio, the finance and technology industries, higher national GDP, English legal origin, greater national emphasis on market (rather than bank) financing, and the cultural dimensions of uncertainty avoidance, power distance and masculinity. Higher levels of transparency are associated with individualism. In sum, we find that home country characteristics remain important in determining the transparency of even the world’s largest MNCs. En ligne : http://investmentpolicyhub.unctad.org/Upload/Documents/TNC%20Vol%2022no1.pdf

Problems of regulatory governance in the mining sector in Asia / Terry O'Callaghan in Transnational Corporations, TRANSCORP 22/1 ([14/08/2015])  

Public ISBD [article]  inTransnational Corporations > TRANSCORP 22/1 [14/08/2015] . - p. 31-58 Titre : Problems of regulatory governance in the mining sector in Asia Type de document : texte imprimé Auteurs : Terry O'Callaghan, Auteur ; Vlado Vivoda, Auteur Année de publication : 2015 Article en page(s) : p. 31-58 Langues : Anglais (eng) Catégories : Industrie minière Tags : Sociétés transnationales  Gouvernance  Industrie minière  Asie Résumé : This paper analyses the governance of foreign mining investment in the Asia-Pacific region. After surveying relevant literature on regulatory regimes, the paper draws on the seminal work by Stern and Holder (1999) to evaluate the regulatory issues in China, India, Indonesia, Papua New Guinea and the Philippines. Our analyses indicate six key regional challenges: regulatory overlap, regulatory capture and a lack of independence from government, lack of impartiality, lack of transparency, inadequate stakeholder engagement and access to regulator, and a lack of institutional capacity. These issues are more pronounced in some countries than in others. Finally, policy implications which may aide regional governments to improve governance infrastructure in their mining sectors are outlined. En ligne : http://investmentpolicyhub.unctad.org/Upload/Documents/TNC%20Vol%2022no1.pdf [article] Problems of regulatory governance in the mining sector in Asia [texte imprimé] / Terry O'Callaghan, Auteur ; Vlado Vivoda, Auteur . - 2015 . - p. 31-58. Langues : Anglais (eng) in Transnational Corporations > TRANSCORP 22/1 [14/08/2015] . - p. 31-58 Catégories : Industrie minière Tags : Sociétés transnationales  Gouvernance  Industrie minière  Asie Résumé : This paper analyses the governance of foreign mining investment in the Asia-Pacific region. After surveying relevant literature on regulatory regimes, the paper draws on the seminal work by Stern and Holder (1999) to evaluate the regulatory issues in China, India, Indonesia, Papua New Guinea and the Philippines. Our analyses indicate six key regional challenges: regulatory overlap, regulatory capture and a lack of independence from government, lack of impartiality, lack of transparency, inadequate stakeholder engagement and access to regulator, and a lack of institutional capacity. These issues are more pronounced in some countries than in others. Finally, policy implications which may aide regional governments to improve governance infrastructure in their mining sectors are outlined. En ligne : http://investmentpolicyhub.unctad.org/Upload/Documents/TNC%20Vol%2022no1.pdf