*Call for Papers in Special Issue of “Building a Sustainability-oriented
Corporate Governance in Emerging Markets under a Risk Environment”*

*AD-Minister* <>

*Guest Editors*
Miguel Cordova (Pontificia Universidad Católica del Perú, Peru)
Maria V. Ilieva (Osaka City University, Japan)
Joan Lilian Ogendo (The Technical University of Kenya, Kenya)

Large organizations and corporations’ main decisions lay in the hands of a
few. As these business agents are the most influential contributors to the
countries’ business environment, due to their strong and extensive
relationships with almost every society’s spheres, their governance
behavior are able to provide valuable insights about growth, power, and
development dynamics within the organizational landscape (Carroll &
Fennema, 2002; Hambrick, 2007; Pettigrew, 1992). Nowadays, stakeholders’
demands represent several sustainability challenges for organizations since
they have to overcome these from different strategic perspectives such as
developing innovation, achieving economic growth, standing for corporate
reputation, entering into the digital revolution, facing important social
issues, and soon (Aguilera et al., 2007; Gomez-Trujillo et al., 2020; Ogaga
et al., 2019). Hence, both, formal as well as informal mechanisms for
corporate governance come up with different ways to understand how
organizations’ leaders deal with their essential tasks such as control,
supervision, and management (Cordova, 2018; La Porta et al., 2000; Shleifer
& Vishny, 1997: Osedo et al., 2020), through their way to perform those
major perspectives. As an additional challenge to this, emerging markets’
environment provide opportunities as well as constraints (Letting et al.,
2012; Ongore, 2011; Wasike & Owino, 2020) to mobilize those corporate
governance efforts toward sustainability concerns (Clarke, 2015;
Gomez-Trujillo & Gonzalez-Perez, 2020), while business leaders guide their
vessels through increasingly risky scenarios.

This AD-Minister Special Issue aims to encourage researchers and academics
to present their papers. It welcomes manuscripts that provide significant
contributions for different types of organizations such as HEIs, NGOs,
MNCs, or SMEs, which operate in Emerging Markets, in order to develop the
following topics:

   - Governance structures, ownership, management control.
   - Independent directors, Top management team, duality of roles.
   - Board of directors, boards’ diversity, size, and composition.
   - Corporate networks, interlocking directorates.
   - Corporate mergers and acquisitions.
   - Corporate governance mechanisms (poison pills, golden parachutes,
   - Other subjects related to this organizational field.

Expected publication: July-December 2022 issue

*Deadline for submission of full papers is September 30, 2021. *Submissions
have to be done using this link:

Manuscripts should not exceed 7000 words, including all figures, tables and
appendices; and excluding references. Please, follow contributor guidelines
available at
*Manuscript’s first page has to indicate that it aims for this Special

AD-Minister is indexed in Thomson Reuters Web of Sciences (WOS)’s Emerging
Sources Citation Index, EBSCO, EconLit, Sherpa/Romeo, ProQuest, Cengage
Learning, DOAJContent, Scielo, and SPARC Europe.

AD-Minister is under Creative Commons license. The international standard
serial number (ISSN) for AD-minister is 1692-0279 and the electronic
international standard serial number (eISSN) is 2256-4322.

Questions about the Call for Papers of this Special Issue should be address
to [log in to unmask]

*Guest Editors*
*Miguel CORDOVA *is Associate Professor of the Department of Management
Sciences at Pontificia Universidad Católica del Perú (Perú). Email:
[log in to unmask]
*Maria V. ILIEVA* is a Specially appointed lecturer at the Graduate School
of Business, Osaka City University, Japan. Email: [log in to unmask];
[log in to unmask]
*Joan Lilian OGENDO* is a Lecturer at the School of Business and Management
Studies, The Technical University of Kenya, Kenya. Email:
[log in to unmask]


Aguilera, R.V., Rupp, D.E., Williams, C.A. & Ganapathi, J. (2007). Putting
the s back in corporate social responsibility: A multilevel theory of
social change in organizations. Academy of Management Review, 32(3),

Carroll, W. K., & Fennema, M. (2002). Is there a transnational business
community? International Sociology, 17(3), 393-419.

Clarke, T. (2015). The transformation of corporate governance in emerging
markets: Reform, convergence, and diversity. Emerging Markets Finance &
Trade, 51(2), S25-S46.

Cordova, M. (2018). The evolution of interlocking directorates studies - A
global trend perspective. AD-minister, 33(2), 135-165.

Doh, J.P., Husted, B., & Yang, X. 2016. Ethics and corporate social
responsibility in developing country multinationals. Business Ethics
Quarterly, 26(3): 301-315.

Gomez-Trujillo, A.M. & Gonzalez-Perez, M.A. (2020). What do we know about
organizational sustainability and international business? Management of
Environmental Quality: An International Journal, 31(2), 292-305.

Gomez-Trujillo, A.M., Velez-Ocampo, J. & Gonzalez-Perez, M.A. (2020). A
literature review on the causality between sustainability and corporate
reputation. What goes first? Management of Environmental Quality: An
International Journal, 31(2), 406-430.

Hambrick, D. (2007). Upper echelons theory: An update. Academy of
Management, 32(2), 334-343.

La Porta, R., Lopez-De-Silanes, F., Shleifer, A. & Vishny, R. (2000).
Investor protection and corporate governance. Journal of Financial
Economics, 58(1-2), 3-27.
Letting, N., Aosa, E., & Machuki, V. (2012). Board Diversity and
Performance of Companies Listed in Nairobi Stock Exchange. International
Journal of Humanities and Social Science, 2(11), 172-182.

Ogaga, B., Ogendo, J. L., & Awino, Z. B. (2019). Corporate Strategy,
Organizational Structure and Organizational Performance of Listed Companies
in Emerging Markets: Kenyan Perspective. International Journal of
Economics, Business and Management Research (IJEBMR).

Ongore, V. O. (2011). The Relationship between Ownership Structure and Firm
Performance: An Empirical Analysis of Listed Companies in Kenya. African
Journal of Business Management, 5(6), 2120-2128.

Osedo, C. O., Mwanza, J., & Ogendo, J. L. (2020). The Effect of Corporate
Governance on Corporate Performance of General Insurance Companies In
Kenya. Scholars Journal of Economics, Business and Management, 325-335.

Mahmood, Z. and Uddin, S. (2020), "Institutional logics and practice
variations in sustainability reporting: evidence from an emerging field",
Accounting, Auditing & Accountability Journal, Vol. ahead-of-print No.

Pettigrew, A. M. (1992). On studying managerial elites. Strategic
Management Journal, 13(S2), 163-182.

Shleifer, A. & Vishny, R.W. (1997). A survey of corporate governance.
Journal of Finance, 52(2), 737-783.

Wasike, S. M., & Owino, J. O. (2020). Top Management Team Characteristics,
Competitive Environment and Strategy Implementation of Tea Factories in
Kenya. International Journal of Business and Management, 15(7), 147 -157.

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