Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorBaldacchino, Peter J.-
dc.contributor.authorVella, Claire-
dc.contributor.authorGrima, Simon-
dc.identifier.citationBaldacchino, P. J., Vella, C., & Grima, S. (2019). The corporate governance code and compliance by Maltese listed companies. International Journal of Economics & Business Administration, 7(2), 71-90.en_GB
dc.description.abstractPurpose: In this paper we lay out the evaluation of non-compliance with the Code of Principles of Good Corporate Governance and the analyses of the adequacy of the explanations provided thereof, including the overall effectiveness of the existing regulatory framework. Design/methodology/approach: To achieve the objectives of this study, a review of the non-compliance section of the corporate governance statements of each Maltese listed company was carried out for the years 2012, 2014 and 2016. Furthermore, 13 semi-structured interviews were held. Findings: The paper finds that a general insufficiency in the explanations provided for non-compliance exists. Some entities give only lip service to the provisions of the Code as they fail to realise the benefits an entity may reap from having good corporate governance structures in place. There is a lack of education and awareness in this regard, and not only on the part of companies but also on the part of shareholders who seem to make minimal use of the information provided in the corporate governance statements. Practical implications: The study raises awareness of the need of improving corporate governance practices, as well as education on corporate governance, across Maltese listed companies. It is hoped that the recommendations made may encourage entities to improve in their reporting and the regulator to provide further guidance to entities to do so. Originality/value: Prior to the amendment of existing rules, increased enforcement of the current regulatory framework and monitoring by the regulator is required. The study highlights the misconceptions on the auditor's role in corporate governance.en_GB
dc.publisherEleftherios Thalassinosen_GB
dc.subjectCorporate governance -- Maltaen_GB
dc.subjectCorporations -- Maltaen_GB
dc.subjectCorporate governance -- Law and legislation -- Maltaen_GB
dc.titleThe corporate governance code and compliance by Maltese listed companiesen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holderen_GB
dc.publication.titleInternational Journal of Economics & Business Administrationen_GB
Appears in Collections:IJEBA, Volume 7, Issue 2

Files in This Item:
File Description SizeFormat 
The_corporate_governance_code_and_compliance_by_Maltese_listed_companies.pdf358.4 kBAdobe PDFView/Open

Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.