4th
INTERNATIONAL CONFERENCE ON
BUSINESS,
ECONOMICS, MANAGEMENT AND MARKETING
JUNE
26-28, 2006
ATHENS,
GREECE
Spesial Track: 'Corporate Governance
Developments”
Guest Editor: Dr Dimitrios N. Koufopoulos BSc, MBA,PhD, MCMI, FIMC
Dimitrios.Koufopoulos@brunel.ac.uk
Buzzwords
at the corridors, meetings, conferences and roundtables at the World Bank, the
IMF and the OECD are --"disclosure," "transparency"
"shareholder value" and or “corporate governance. Improvement in corporate governance
standards is considered as critical in helping emerging markets rebuild competitiveness,
restore investor confidence, and promote sustainable economic growth.
The
World Bank and the IMF are implementing governance reform in those still-ailing
markets, and they are developing policies to stem the possibility of future
financial crises in other countries.
The Asian
financial crisis and numerous corporate collapses and scandals including Enron and Worlscom and more
recently Parmalat and Shell have served increased interest in corporate
governance and have led institutional investors to attach the well
deserved attention to corporate governance. It has been realised that corporate
managers may lacked the incentive to adhere to sound management practices and
this has resulted to poor corporate governance mechanisms that unavoidably
contributed to this crisis.
At its most basic level, corporate governance deals
with issues that result from the separation of ownership and control. But
corporate governance goes beyond simply establishing a transparent and
responsible relationship between managers and owners. The presence of
strong corporate governance standards provides increased access to capital and
thereby aids economic development. Good corporate governance attracts
investors by assuring them that the business environment is fair and
transparent; that companies can be held accountable for their actions or lack
thereof; and those investments can be protected and contracts enforced.
The conference encourages the submission
of papers on the effectiveness of governance mechanisms and also papers which
focus on in-depth understanding of corporate boards and other governance
mechanisms.
Institutional investors are being urged to be more active in the companies
in which they invest. As the same time, company directors often feel that they
are weightened down by the demands that the new coprorate governance codes and
legislations place on them.
However “good” corporate governance coupled with more accounatbility and
transparency increases investor confidence, and so is essential for the
well-being of both developed and developing countries.
Given the important role that corporate governance plays, there continues
to be a lively, and growing, interest in corporate governance by governments,
investors and directors alike - as well, of course, as corporate governance
practitioners and academics who research the area.
We were therefore delighted to welcome to the conference delegates from
many countries across the globe, including the EU countries, Eastern European
Countries, USA, Asia and Middle-East countries.
This conference will appeal to academics, policy makers and
business/industry professionals. The conference will provide a forum in which
delegates can interact and network, with the topic areas being at the forefront
of corporate governance developments in an international context.
We invite papers
that explore Corporate Governace Issues from both theoretical and paractical
perspectives.
Topics of interest include the following (the list
is only indicative):
1)
Board of
directors
2)
Board
committees
3)
Evaluation
of Directors and Boards
4)
Executive
remuneration
5)
Socially
responsible investments
6)
Corporate
governance ratings
7)
Recent
developments in corporate governance codes
9)
Corporate
governance and firm value for IPOs
10) Managerial entrenchment and expropriation
and their effect on control mechanisms
11) Non-Executive directors’ role, and
performance incentives in corporate governance
12) Financial sector and corporate governance
13) How do corporate governance structures
affect corporate strategy?
14) Best and worst cases of corporate
governance in different countries
15) Strategic direction at the board level
16) Nomination, feedback, remuneration and development of supervisor
and executive board members (board management dimension)
17) Strategic control and risk management at board
level (controlling dimension)
18) Boards and Decisions Making
19) Study’s of Chairmans and their contibition
to the firm’s performamnce
20) Corporate governance in the public sector
You are
invited to submit a 300-word summary of your paper for review. Please send it
as an attached file in Word 2003 to of the Track
Chair via email only (atiner@atiner.gr)
Each submission should include: title page (separate) with name, affiliation,
phone, fax, and email of each author.
Submissions must be
RECEIVED by March 27th, 2006. A
double-blind review process will evaluate all submissions. Papers should
not have been presented or published elsewhere prior to the conference.
Selected papers will be
included in the Proceedings. Furhermore selectcted papers will be offered a fast track review for publication (within 2007) in on of the
following reputable. academic journals:
ü
Corporate Ownership and Control
And/or
ü
Corporate Board: roles, duties and composition