haku: @journal_id 1670 / yhteensä: 2102
viite: 20 / 2102
Tekijä: | He, L. Ho, S-J.K. |
Otsikko: | Monitoring costs, managerial ethics and corporate governance: A modeling approach |
Lehti: | Journal of Business Ethics
2011 : APR I, VOL. 99:4, p. 623-635 |
Asiasana: | corporate governance management ethics USA models |
Vapaa asiasana: | monitoring Sarbanes-Oxley Act |
Kieli: | eng |
Tiivistelmä: | This article evaluates effectiveness and costs of external regulation, especially the Sarbanes-Oxley Act of 2002 (SOX) in restricting managerial misconduct and safeguarding shareholder interests. Herein, discussed is the role of managerial ethics as an alternative corporate governance (as: c-g.) mechanism to protect shareholder value. A mathematical model is built to illustrate shareholders' choices of best c-g. mechanisms, taking into account the influence of managerial ethics, effectiveness and costs of monitoring etc. |
SCIMA