Work

Evaluating Corporate Governance: Guiding Principles and Calls for Future Research

Year: 2024

Type: article

Abstract: Prior research finds that companies’ evaluation of corporate governance is often piecemeal and symbolic, leaving companies vulnerable to systematic risks associated with governance failures. In this paper, we use interview data from 29 chief audit executives (CAEs) from publicly traded companies in the U.S. to propose guiding principles for how companies can formally evaluate their overall internal corporate governance systems. Our guiding principles can be adapted for a variety of governance-related objectives and leverage existing frameworks. We conclude by offering suggestions for future research.

Source: Accounting Horizons

DOI: 10.2308/horizons-2023-082

Authors: Lauren M. Cunningham, Christie Hayne, Terry L. Neal, Sarah E. Stein

Institutions: University of Tennessee at Knoxville, University of Illinois Urbana-Champaign, Virginia Tech

Language: English

Topic: Corporate Governance and Financial Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W4404174673

FWCI: 1.369

Cites: 30

Cited by: 4

Related to: 10