Measuring the Validity of the Influential Factors for Good Corporate Governance

Measuring the Validity of the Influential Factors for Good Corporate Governance
Author: Muhammad Naeem
Publisher:
Total Pages: 10
Release: 2018
Genre:
ISBN:

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This study was conducted and the model was planned for measuring the validity of the self-developed instrument of influential factors for good corporate governance. The objective of this study was to measure the determinants (i.e. Agency Problem, Equity Return, Management Holdings and Transparent Audit) of the good corporate governance in Pakistan. The population of this study was professionals of Pakistani corporations and stockbrokers of Islamabad Stock Exchange. The sample size was of 50 professionals and stock brokers. A self-developed questionnaire of five variables was constructed and factor analysis has been applied to measuring the validity of the instrument and its items. Mean score of the items, factor relative importance and percentage of variances of the variables has also been measured. Factor loading of all 20 items has a value greater than 0.4 and eigenvalues of every single variable is greater than 1.00 according to Kaiser's criteria.

Corporate Governance and Contingency Theory

Corporate Governance and Contingency Theory
Author: Abdul Ghofar
Publisher: Springer
Total Pages: 188
Release: 2014-11-19
Genre: Business & Economics
ISBN: 3319109960

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This book analyzes the determinants and effectiveness of corporate governance in an integrated model drawing on contingency theory and employing structural equation modeling (SEM). Business competition as an environmental factor and strategy as an organizational factor are important determinants of corporate governance, while organizational performance and earnings quality are two dimensions of its effectiveness. This book focuses on the relationship between corporate governance and earnings management, and shows that corporate governance is effective in improving earnings quality and reducing accounting and governance risks. The authors also question the relation between corporate governance and company performance and present results of their analysis in this book.

Influential Factors for Good Corporate Governance

Influential Factors for Good Corporate Governance
Author: Ahmed Imran Hunjra
Publisher:
Total Pages: 14
Release: 2018
Genre:
ISBN:

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Efficient Corporate Governance demands sound regulations and governed through healthier procedures. The objective of this study is to review the four variables; 1) Agency Problem, 2) Transparent Audit, 3) Management Holdings, and 4) Equity Return and Dividend Payout determined for good corporate governance performance in particular under the title “Influential Factors for Good Corporate Governance”. The self-administrated questionnaire was used for data collection. The population of this study was the professionals and experts of manufacturing and services industries of Pakistan. The sample size was 167 professionals of the Pakistani industries. SPSS is used for reliability analysis, Pearson correlation, descriptive and regression analysis. Agency Problem and Transparent Audit have a significant relationship with Good Corporate Governance whereas Management Holding and Equity Return have been emerged as insignificant variables. All four independent variables have been emerged as positively correlated with the dependent variables.

EJKM Volume 8 Issue 1

EJKM Volume 8 Issue 1
Author:
Publisher: Academic Conferences Limited
Total Pages: 181
Release:
Genre:
ISBN:

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The Association Between Corporate Governance and Firm Performance - A Meta-Analysis

The Association Between Corporate Governance and Firm Performance - A Meta-Analysis
Author: Sayla Sowat Siddiqui
Publisher:
Total Pages:
Release: 2015
Genre:
ISBN:

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Research suggests that firms with better corporate governance outperform others. However, the literature provides no consensus about the direction or magnitude of the relationship. This paper seeks to clarify the relationship between corporate governance and firm performance by conducting a meta-analysis of 25 previous studies. The analysis has three specific concerns i.e., the moderating effects of (1) legal systems (common law or civil law), (2) governance mechanisms (external or both external and internal governance) and (3) performance measures (accounting or market value). The findings show that the external governance mechanisms measured by antitakeover provisions and market value of firm performance measured by Tobin's Q and market to book value are the key moderators of this relationship. This paper has important implications for regulators and directors by proposing external governance to be an influential factor of firm performance. This paper is also of interest to the investors and companies by highlighting the significant relationship between corporate governance and market value of the firm.

Proceedings of the Tenth International Conference on Management Science and Engineering Management

Proceedings of the Tenth International Conference on Management Science and Engineering Management
Author: Jiuping Xu
Publisher: Springer
Total Pages: 1697
Release: 2016-08-23
Genre: Business & Economics
ISBN: 9811018375

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This book presents the proceedings of the Tenth International Conference on Management Science and Engineering Management (ICMSEM2016) held from August 30 to September 02, 2016 at Baku, Azerbaijan and organized by the International Society of Management Science and Engineering Management, Sichuan University (Chengdu, China) and Ministry of Education of Azerbaijan. The aim of conference was to foster international research collaborations in management science and engineering management as well as to provide a forum to present current research findings. The presented papers were selected and reviewed by the Program Committee, made up of respected experts in the area of management science and engineering management from around the globe. The contributions focus on identifying management science problems in engineering, innovatively using management theory and methods to solve engineering problems effectively and establishing novel management theories and methods to address new engineering management issues.

Searching for a Corporate Savior

Searching for a Corporate Savior
Author: Rakesh Khurana
Publisher: Princeton University Press
Total Pages: 318
Release: 2011-09-19
Genre: Business & Economics
ISBN: 1400841097

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Corporate CEOs are headline news. Stock prices rise and fall at word of their hiring and firing. Business media debate their merits and defects as if individual leaders determined the health of the economy. Yet we know surprisingly little about how CEOs are selected and dismissed or about their true power. This is the first book to take us into the often secretive world of the CEO selection process. Rakesh Khurana's findings are surprising and disturbing. In recent years, he shows, corporations have increasingly sought CEOs who are above all else charismatic, whose fame and force of personality impress analysts and the business media, but whose experience and abilities are not necessarily right for companies' specific needs. The labor market for CEOs, Khurana concludes, is far less rational than we might think. Khurana's findings are based on a study of the hiring and firing of CEOs at over 850 of America's largest companies and on extensive interviews with CEOs, corporate board members, and consultants at executive search firms. Written with exceptional clarity and verve, the book explains the basic mechanics of the selection process and how hiring priorities have changed with the rise of shareholder activism. Khurana argues that the market for CEOs, which we often assume runs on cool calculation and the impersonal forces of supply and demand, is culturally determined and too frequently inefficient. Its emphasis on charisma artificially limits the number of candidates considered, giving them extraordinary leverage to demand high salaries and power. It also raises expectations and increases the chance that a CEO will be fired for failing to meet shareholders' hopes. The result is corporate instability and too little attention to long-term strategy. The book is a major contribution to our understanding of corporate culture and the nature of markets and leadership in general.

Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)

Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)
Author: Arianto Patunru
Publisher: Springer Nature
Total Pages: 1094
Release: 2024
Genre: Electronic books
ISBN: 9464634006

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Zusammenfassung: This is an open access book. The International Conference on Accounting, Management, and Economics (ICAME) is an annual agenda organized by the Faculty of Economics and Business, Hasanuddin University. In 2023, we would like to introduce to you the 8th ICAME with the current theme entitled "Establishing Inclusive Economy and Business". SUB THEME Development Economics Public Economics Financial Accounting Management Accounting Finance and Investment Sustainability Business Corporate Governance Human Capital Islamic Economics Other Related; Accounting, Management, Economics Issues We hope that our conference can add discussions and information from various research towards the discourse of new economic policy in the post-pandemic era. This activity also became an important agenda in publishing scientific papers by academics and became a positive contribution to mapping Indonesia's future development. Therefore, we would like to invite academics, practitioners, researchers to contribute to the development of economic and business management research through participating in the 8th of ICAME. Thank you for your participation and we look forward to meeting you at the conference

Measuring Business Excellence

Measuring Business Excellence
Author: Gopal K. Kanji
Publisher: Routledge
Total Pages: 280
Release: 2012-10-12
Genre: Business & Economics
ISBN: 1134514816

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Business Excellence and Total Quality Management (TQM) models provide a means of measuring the satisfaction of customers, employees and shareholders simultaneously. A number of such models currently exist, but, the author argues, none of these address all dimensions of TQM. This book introduces the principles of TQM, and establishes their use in measuring Business Excellence in an organisational environment. It comparatively evaluates various TQM and Business Excellence models, and discusses the complexities of measuring success. Presenting important, innovative work by one of the most eminent scholars in the field, this book is essential reading for both academics and professionals working in quality management.

Corporate Governance and Value

Corporate Governance and Value
Author: Guy Schofield
Publisher:
Total Pages: 43
Release: 2014
Genre:
ISBN:

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There is general acceptance of the importance of corporate governance for resolving agency problems. Nevertheless, the empirical literature investigating the individual effect of corporate governance mechanisms on corporate value has not been able to consistently identify positive effects. These mixed findings may be in part due to the difficulty in creating reliable and valid measures for the complex construct that is termed "corporate governance". This is further complicated by the challenge of generating a benchmark measure for company value contingent on a company's characteristics.In this paper I examine the effect of governance factors on value, given the lack of theory on governance structures that may recommend the use of structural equations. I find an association between a company's shortfall from its benchmark performance and its governance factors. The findings support a view that incentive and monitoring mechanisms are key aspects to a company's corporate governance, but to varying degrees. This suggests that successful governance structures arise and are contingent on the issues facing a company. Recent reforms are likely to encourage isomorphism in corporate governance practices. I find support for a view that successful governance is the solution to a constrained optimisation problem.