Scientific journal paper Q2
Systematic review in financialization politics: The role of corporate governance and managerial compensation
Rita Andreia Pinto Vieira (Vieira, R.); Graça Maria do Carmo Azevedo (Azevedo, G.); Jonas Oliveira (Oliveira, J.);
Journal Title
International Journal of Disclosure and Governance
Year (definitive publication)
N/A
Language
English
Country
United Kingdom
More Information
Web of Science®

Times Cited: 0

(Last checked: 2024-05-19 01:02)

View record in Web of Science®

Scopus

Times Cited: 0

(Last checked: 2024-05-14 23:10)

View record in Scopus

Google Scholar

Times Cited: 0

(Last checked: 2024-05-14 11:02)

View record in Google Scholar

Abstract
This review seeks to synthesize empirical fndings on fnancialization policies and provide answers to two questions: (1) What relationship exists between Financialization and Corporate Governance? (2) Is there any relationship between fnancialization and CEO compensation/remuneration systems? A group of 38 scientifc articles was selected using the methodological protocols ProKnow-C and Methodi Ordinatio. Based on its reading, analysis, and synthesis of the main empirical fndings between fnancialization and the accumulation of capital and between fnancialization and income distribution, it is evident that there is a negative correlation between this phenomenon and the investment in means of production and the proportion of income from labour. We hope that this work can contribute to a rethinking of the income redistribution model (internationally), as the current model has contributed to an increase in the unequal distribution of social wealth, which is characterized primarily by the excessive compensation of top executives who prioritize short-term goals. We hope that it can also serve as a foundation for future scientifc work and as a resource not only for regulatory agencies but also for government entities that must make political, economic, and fscal decisions to mitigate or even reverse the global efects.
Acknowledgements
--
Keywords
Financialization,Corporate Governance,Executive compensation systems
  • Economics and Business - Social Sciences
Funding Records
Funding Reference Funding Entity
UIDB/04043/2020 Fundação para a Ciência e a Tecnologia

With the objective to increase the research activity directed towards the achievement of the United Nations 2030 Sustainable Development Goals, the possibility of associating scientific publications with the Sustainable Development Goals is now available in Ciência-IUL. These are the Sustainable Development Goals identified by the author(s) for this publication. For more detailed information on the Sustainable Development Goals, click here.