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74,541 articles from 728 journals · 2,111 citations tracked

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Cahyatih Kumandang; Mia Christy Patricia

This study conducts a qualitative literature review to examine how insolvency frameworks in developing countries can be designed to effectively accommodate multinational corporations (MNCs). Drawing on interdisciplinary legal, economic, and policy oriented scholarship, the review analyses why MNCs frequently avoid initiating insolvency proceedings in host developing jurisdictions and instead engage in forum shopping toward developed economies. The findings indicate that institutional weaknesses, limited judicial and professional capacity, inadequate group-insolvency coordination, and low procedural predictability significantly reduce the attractiveness of domestic insolvency regimes. The review further identifies core value foundations legal certainty, transparency, efficiency, stakeholder balance, and enterprise value preservation as essential elements of effective insolvency law reform. The study contributes by synthesising reform priorities that move beyond formal legislative change toward strengthening institutional credibility and normative legitimacy, offering policy relevant insights for developing countries seeking to retain multinational insolvency cases and enhance economic resilience.

Satriya Nugraha; Retno Saraswasti; Nikmah Fitriah

International Journal of Law and Civil Affairs 2025 International Forum of Researchers and Lecturers

This study examines the effectiveness of national legislative strategies in promoting corporate accountability for industrial pollution and social justice violations. It analyzes a comparative legal framework, focusing on laws, enforcement mechanisms, and corporate liability regimes in countries such as France, Germany, Norway, China, and Australia. The research evaluates how mandatory due diligence laws, judicial measures, and transparency mechanisms help hold corporations accountable for environmental impacts. It compares voluntary compliance models with mandatory legal frameworks, noting the limitations of voluntary agreements in driving substantial environmental changes. Findings show that countries with strong legal frameworks, like the EU and Australia, achieve higher corporate compliance and environmental performance, while voluntary measures struggle to produce meaningful results. The study emphasizes the need for stronger enforcement, higher penalties for violations, and enhanced public transparency. Additionally, it explores integrating environmental justice considerations, such as community participation and fair compensation, into national strategies. The study offers policy recommendations for improving corporate responsibility through better legislation, harmonizing laws across jurisdictions, and fostering collaboration among governments, corporations, and civil society. It also suggests future research directions, including examining the long-term impacts of environmental justice policies in different global contexts.

Abdullayev, Kamran; Elshad, Elay Yusifli; Sain, Zohaib Hassan; Maulidizen, Ahmad

Journal of Islamic Law and Legal Studies 2025 Mabadi Iqtishad Al Islami

This study provides a comprehensive comparative legal analysis of halal regulatory regimes within the broader context of ethical consumerism and global trade liberalization. Using a qualitative library research approach, the study examines diverse national and regional regulatory models—including Malaysia’s centralized system, Indonesia’s hybrid framework, and decentralized certification practices in GCC and Western jurisdictions. The findings indicate that divergent legal philosophies, inconsistent certification processes, and fragmented enforcement mechanisms create significant barriers to mutual recognition and international market integration. Ethical consumerism intensifies demands for transparency, authenticity, and integrity, yet weak oversight in several regions perpetuates fraud, mislabeling, and supply chain vulnerabilities. Trade liberalization further complicates the landscape, as variations in halal standards often function as technical barriers to trade, disproportionately affecting SMEs. The study highlights the growing relevance of blockchain, AI, and digital traceability as potential solutions to enhance integrity, harmonize standards, and improve global halal governance. Ultimately, the analysis underscores that achieving balance between ethical consumer protection and liberalized trade requires collaborative regulatory reforms, robust oversight, and technologically supported verification systems capable of fostering trust and facilitating global market access.

Sugiharti, Tanti; Nurjaman, Roni

This qualitative literature review explores the role of institutional, societal, and leadership forces in shaping organizational transparency. By analyzing existing literature, the study identifies how these forces interact to form five archetypal transparency regimes: vanguard, pioneering, hollow, deceptive, and paradoxical. Institutional forces, through regulations and governance norms, provide a framework for transparency. Societal forces, driven by stakeholder pressure, motivate organizations to meet public expectations. Leadership forces contribute by fostering a culture of openness. The study highlights the complex interplay of these forces and offers insights into strategies for enhancing transparency. Despite its contributions, the study acknowledges limitations related to interpretative bias and the generalizability of findings across different contexts. Future research is recommended to empirically test these insights and explore diverse industrial and geographical settings.

Santoso, Seger; Yulianti, Grace

This qualitative literature review explores how strategic openness reshapes corporate restructuring practices, particularly in contexts of financial distress and institutional change. Drawing on recent empirical and conceptual studies, the review synthesizes findings from over 60 peer-reviewed sources to examine the impact of transparency, stakeholder engagement, and participatory strategy-making on organizational turnaround. The study reveals that openness fosters reflexive capabilities, enhances legitimacy, and enables adaptive strategic responses to crisis. However, it also uncovers tensions such as coordination complexity and the paradox of urgency versus inclusivity. The findings contribute to a broader understanding of open strategy as a viable governance mechanism in restructuring regimes and offer policy insights for integrating participatory principles into corporate recovery frameworks. This review emphasizes the importance of openness as a strategic capability that can facilitate resilient and sustainable organizational renewal in turbulent environments