Mechanisms of corporate governance going international: Testing its performance effects in the Swedish economy, 2004
2013 (English)In: Baltic Journal of Management, ISSN 1746-5265, Vol. 8, no 1, 79-101 p.Article in journal (Refereed) Published
Purpose - The paper aims to investigate how internationalisation of corporate governance mechanisms influences firm performance.
Design/methodology/approach - The paper is based on the data collected from annual reports of the year 2004 from all 239 Swedish corporations listed on the Stockholm Stock Exchange on which a quantitative analysis was performed.
Findings - Our findings suggest that internationalisation of corporate governance does not a straight forward influence on firm performance. Which can be due to 1.) that mechanisms with governance functions have several functions of which governance is but one, and 2.) that governance mechanisms cannot be analyzed in isolation, since they are included in a coherent corporate governance strategy.
Originality/value - The paper is the first attempt to treat corporate governance mechanisms' internationalisation issue in combination rather then is separation with each other.
Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2013. Vol. 8, no 1, 79-101 p.
internationalisation, corporate governance, governance strategy, Sweden
Economics and Business
IdentifiersURN: urn:nbn:se:liu:diva-86326DOI: 10.1108/17465261311291678ISI: 000313543700006OAI: oai:DiVA.org:liu-86326DiVA: diva2:576491