Social norms, social cohesion, and corporate governance

Abstract: Research Question/Issue: We study the relationship between informal rules (represented by social norms and social cohesion in a community) and corporate governance. A community is a large social unit characterized by a distinct set of informal rules. Specifically, three hypotheses are tested: (1) Communities with stronger social norms will have more open firm-level corporate governance, (2) More socially cohesive communities will have more open firm-level corporate governance, and (3) The relationship between social norms and corporate governance will be mediated by social cohesion. Research Findings/Insights: Unlike previous studies, we use data from a single, culturally diverse country, Ukraine, in order to isolate the effect of informal rules. The country’s provinces are used as proxies for communities. We develop our measures of social norms and social cohesion by performing a factor analysis on the measures commonly used in previous research (social capital, religiosity, total

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch
Notes
Postprint
begutachtet (peer reviewed)
In: Corporate Governance: An International Review ; 19 (2010) 1 ; 41-60

Event
Veröffentlichung
(where)
Mannheim
(when)
2010
Creator
Boytsun, Andriy
Deloof, Marc
Matthyssens, Paul

DOI
10.1111/j.1467-8683.2010.00829.x
URN
urn:nbn:de:0168-ssoar-262677
Rights
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
25.03.2025, 1:57 PM CET

Data provider

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Associated

  • Boytsun, Andriy
  • Deloof, Marc
  • Matthyssens, Paul

Time of origin

  • 2010

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