Recent trends in corporate governance practices in the USA

D.K. Malhotra and Mary Sheila McDonald

International Journal of Corporate Governance, 2011, vol. 2, issue 3/4, 201-216

Abstract: Seven years have passed since the passage of Sarbanes-Oxley or the Public Company Accounting Reform and Investor Protection Act of 2002. Since then, there has been much debate over the costs and benefits of the most far reaching reforms of US business practices since the time of FDR. Glaring abuses in corporate governance continue to capture the headlines as details revealing sky-high executive compensation as well as reports of conflicts of interests and a variety of breaches of fiduciary duties. But have corporate governance standards improved? In this paper, we postulate that corporate governance has four pillars – board of directors, audit committees, poison pills, and executive and director compensation and ownership. Using the data from 2003 to 2008, we examine recent trends in various aspects of corporate governance that includes board issues, audit committees, poison pills, and executive compensation.

Keywords: corporate governance; Sarbanes-Oxley; poison pills; board of directors; audit committees; USA; United States; accounting reform; executive compensation; director compensation; ownership. (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=44375 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijcgov:v:2:y:2011:i:3/4:p:201-216

Access Statistics for this article

More articles in International Journal of Corporate Governance from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().