Special Issue: Review of Corporate Finance “Developments in International Corporate Governance, Ethics and Social Responsibility”

Scheduled ical Google outlook Open Call For Papers

CfP Deadline:

January 15, 2024


Review of Corporate Finance

Guest Editors:

Giuliana Birindelli (University of Ferrara, Italy)
Claudia Girardone (University of Essex, United Kingdom)
Anna Sarkisyan (University of Essex, United Kingdom)


Over the past few decades, the world has become more globalized and interconnected, but it has also become increasingly unpredictable and risky. This is evident through major events like the global financial crisis, the Covid-19 pandemic, and more recently, the conflict in Ukraine. Within the financial and corporate sector, high-profile scandals (Enron, Wells Fargo, and Theranos), along with other forms of misconduct like subprime mortgage misselling, the Libor fixing case, and the Volkswagen emissions affair, have exposed ethical and governance failures with far-reaching global repercussions affecting numerous stakeholders and industries.

Recent developments in international corporate governance have highlighted the importance of consistent standards of conduct across countries, stronger risk management frameworks, transparency, accountability, and effective internal controls and compliance. According to a recent survey (Fields and O’Kelley, 2023), the most pressing global corporate governance issues that boards and directors are expected to face in the near future include board quality, effectiveness, and composition; levels and types of executive compensation; and increased stakeholder demand for sustainability and corporate social responsibility assurances. In light of recent developments in capital markets and corporate governance practices, other priority areas have come to the fore, including digitalization to improve the supervision and implementation of corporate governance principles, strengthening the engagement by institutional investors with investee companies, and issuing Stewardship Codes (G20/OECD, 2022).

A growing body of academic literature (Casu et al., 2023; Chaly et al., 2017) emphasizes the crucial role of organizational culture in shaping behavior and influencing misconduct risks. A stronger culture within organizations has been associated with enhanced resilience, improved employee morale and well-being, and greater long-term productivity. Additionally, there is increasing evidence highlighting the significance of diversity and inclusion in fostering a strong and positive organizational culture. International governance codes and initiatives (the United Nations 2015 Sustainable Development Goals; the 2013 OECD Recommendation of the Council on Gender Equality in Education, Employment and Entrepreneurship) recognise the value of diverse experiences and perspectives in decision-making processes as they can foster social progress and sustainable development worldwide.

More theoretical and empirical research is needed in these areas. This Special Issue of the Review of Corporate Finance invites submissions of high-quality articles relevant to emerging topics in international corporate governance, including (but not limited to):

  • Board quality, effectiveness, and composition
  • Corporate culture
  • Global firms and corporate social responsibility
  • Diversity and inclusion
  • Executive compensation
  • International corporate governance standards and practices
  • Risk management frameworks
  • Stakeholders-oriented decision-making
  • Sustainability and ESG factors
  • Transparency and reporting
  • Trust, ethical conduct, and integrity
  • Digitalisation and corporate governance


Interested authors should submit their paper by email to efic@essex.ac.uk with “RCF Special Issue Submission” in the subject. The submission deadline is January 15, 2024.


Review of Corporate Finance Special Issue: Developments in International Corporate Governance, Ethics and Social Responsibility – Call for Papers