Corporate governance in emerging markets: A survey

S Claessens, BB Yurtoglu - Emerging markets review, 2013 - Elsevier
This paper reviews recent research on corporate governance, with a special focus on
emerging markets. It finds that better corporate governance benefit firms through greater …

Corporate governance codes: A review and research agenda

F Cuomo, C Mallin, A Zattoni - Corporate governance: an …, 2016 - ueaeprints.uea.ac.uk
Manuscript Type: Review Research Question/Issue: This study reviews previous country-
level and firm-level studies on corporate governance codes up to 2014 in order to highlight …

What matters and for which firms for corporate governance in emerging markets? Evidence from Brazil (and other BRIK countries)

BS Black, AG De Carvalho, É Gorga - Journal of Corporate Finance, 2012 - Elsevier
A central issue in corporate governance research is the extent to which “good” governance
practices are universal (one size mostly fits all) or instead depend on country and firm …

Enterprise risk management and firm value: Evidence from Brazil

JR Silva, AF Silva, BL Chan - Emerging Markets Finance and Trade, 2019 - Taylor & Francis
International studies have shown that the evolution of traditional risk management (TRM)
toward a holistic perspective and the simple adoption of enterprise risk management (ERM) …

The evolution of corporate governance in Brazil

BS Black, AG De Carvalho, JO Sampaio - Emerging markets review, 2014 - Elsevier
We use extensive hand collected surveys reporting governance practices of Brazilian firms
in 2004, 2006, and 2009 to build a broad corporate governance index and analyze the …

Corporate governance in Brazil

BS Black, AG De Carvalho, E Gorga - Emerging Markets Review, 2010 - Elsevier
We examine the corporate governance practices of Brazilian public companies. We identify
areas where their governance is relatively strong and weak. Many firms have small boards …

Corporate governance, valuation, and performance: evidence from a voluntary market reform in Brazil

MV Braga‐Alves, K Shastri - Financial Management, 2011 - Wiley Online Library
In December 2000, the São Paulo Stock Exchange launched a new premium market
segment for companies that voluntarily commit to “good practices of corporate governance.” …

Do country-level investor protections affect security-level contract design? Evidence from foreign bond covenants

DP Miller, N Reisel - The Review of Financial Studies, 2012 - academic.oup.com
This article studies the ability of security-level contracts to substitute for poor country-level
investor protections. Using a cross-country sample of restrictive covenants, we find that bond …

Evolution and determinants of firm-level corporate governance quality in Brazil

A Di Miceli da Silveira, RPC Leal… - Available at SSRN …, 2007 - papers.ssrn.com
This paper analyzes the evolution and the determinants of firm-level corporate governance
practices in Brazil from 1998 to 2004 using a broad corporate governance index. A key …

Methods for multicountry studies of corporate governance: Evidence from the BRIKT countries

B Black, AG De Carvalho, V Khanna, W Kim… - Journal of …, 2014 - Elsevier
We discuss empirical challenges in multicountry studies of the effects of firm-level corporate
governance on firm value, focusing on emerging markets. We assess the severe …