insurance corporate governance in iran's law

Corporate Law and Governance

This chapter surveys the theoretical and empirical research on the main mechanisms of corporate law and governance, discusses the main legal and regulatory institutions in different countries, and examines the comparative governance literature. Corporate governance is concerned with the reconciliation of conflicts of interest between various corporate claimholders and the resolution of collecti...

Fact and Fiction in Corporate Law and Governance

INTRODUCTION..................................................................................................... 1325 I. CONTRACTING AT THE IPO STAGE ................................................................. 1331 A. IPO Charters and Takeover Defenses ...................................................... 1332 B. Innovation, Diversity, and the “Plain Vanilla” Charter ......................

A proposed corporate governance reform: Financial statements insurance

The inherent conflicts of interest in the auditor–client relationship and the unobservability of financial statement quality are likely culprits in the recent corporate scandals such as Enron and WorldCom. The solution proposed here is a financial statement insurance (FSI) mechanism. Instead of appointing and paying auditors, companies would purchase financial statement insurance that provides ...

Law and Finance in Historical Perspective: Politics, Bankruptcy Law, and Corporate Governance in Brazil, 18502002

Alesina, Alberto, Reza Baqir, and William Easterly. “Public Goods and Ethnic Divisions.” Quarterly Journal of Economics 114, no. 4 (1999): 1243–84. Alesina, Alberto, and Eliana La Ferrara. “Ethnic Diversity and Economic Performance.” Journal of Economic Literature 43, no. 3 (2005): 762–800. Banerjee, Abhijit, and Rohini Somanathan. “The Political Economy of Public Goods: Some Evidence from Indi...

Law, Corporate Governance, and Corporate Scandal in an Emerging Economy: Insights from China

China’s Insurance Regulatory Reform, Corporate Governance Behavior and Insurers’ Governance Effectiveness

External regulation is an important mechanism to improve corporate behavior in emerging markets. China's insurance governance regulation, which began to supervise and guide insurance corporate governance behavior in 2006, has experienced a complex process of reform. This study tested our hypotheses with a sample of 85 firms during 2010-2011, which was obtained by providing a questionnaire to al...