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Q: What is institutional governance systems?
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What has the author G P Stapledon written?

G. P. Stapledon has written: 'Institutional shareholders and corporate governance' -- subject(s): Corporations, Corporate governance, Institutional investments, Investor relations


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Institutional complexity in the political field refers to a situation where multiple institutions, such as government agencies, legislative bodies, and interest groups, have overlapping responsibilities and roles. This can lead to confusion, inefficiencies, and challenges in decision-making and policy implementation. Managing institutional complexity requires coordination and collaboration among these various stakeholders to ensure effective governance.


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Information systems all have a support role in facilitating the meeting of institutional missions, goals, and objectives.


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This paper addresses how the global activities undertaken by multinational enterprises (MNEs) in international settings impact corporate governance mechanisms and accountability systems. International corporate governance and accountability research, whether from a political science, economics, finance, or accounting perspective, has thus far predominantly focused on the comparison of corporate governance schemes in different countries and on the investigation of institutional parameters that determine these schemes. Straying from this line of inquiry, this article discusses how globalization at the firm level affects governance and accountability systems at parent- and subsidiary-levels. It emphasizes how an MNE's globalization attributes such as globalization scale, foreign adaptation, global competition, and international experience influence the design of governance mechanisms such as board size, board composition, executive compensation, market discipline, interlocking directorate, ownership concentration, duality and inbreeding, as well as the design of accountability systems such as accounting information, auditing standards, and financial and non-financial disclosures. This article bases its conjectures on information processing and agency theories.


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