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Author: Ayisha Ahmed Zakaria Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Corporate governance is a concept that involves practices of organizational management and control. It involves balancing the interests of people who provide resources to the company and contribute to its performance such as the shareholders, creditors, employees and suppliers. Studies have shown that companies that have adopted the concept of corporate governance tend to display great performance. Thus, corporate governance is increasingly being recognized as one of the important aspect of ensuring effective and efficient corporate development.This paper examines the general recognition of the Code of Corporate Governance in Ghana by considering the level of compliance and the factors that affect compliance. This paper will reflect on the provisions of the Code which are more or less complied with, the causes of non-compliance with the code and some ways of enhancing effective corporate governance in Ghana.The standards for corporate governance in Ghana are regulated by the Listing Regulations 1990 (L.I 1,509) of Ghana Stock Exchange (GSE), the Security Industry Laws 1993 (PNDCL 333) as amended by the Securities Industry Act, 2000 (Act 590) and the Companies Code 1963 (Act 179). These statutes provides shareholders' rights and regulatory framework for operations of corporate organizations in corporate governance practices. Some companies have adopted the principles of corporate governance which is based on transparency, accountability, fairness, legality and integrity. Also, a few companies have made their Annual Reports comprehensive enough to attract various stakeholders.Corporate governance is an essential part of business management and as such, management should be encouraged to comply with the code of corporate governance for the benefit of the organization at large.
Author: Ayisha Ahmed Zakaria Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Corporate governance is a concept that involves practices of organizational management and control. It involves balancing the interests of people who provide resources to the company and contribute to its performance such as the shareholders, creditors, employees and suppliers. Studies have shown that companies that have adopted the concept of corporate governance tend to display great performance. Thus, corporate governance is increasingly being recognized as one of the important aspect of ensuring effective and efficient corporate development.This paper examines the general recognition of the Code of Corporate Governance in Ghana by considering the level of compliance and the factors that affect compliance. This paper will reflect on the provisions of the Code which are more or less complied with, the causes of non-compliance with the code and some ways of enhancing effective corporate governance in Ghana.The standards for corporate governance in Ghana are regulated by the Listing Regulations 1990 (L.I 1,509) of Ghana Stock Exchange (GSE), the Security Industry Laws 1993 (PNDCL 333) as amended by the Securities Industry Act, 2000 (Act 590) and the Companies Code 1963 (Act 179). These statutes provides shareholders' rights and regulatory framework for operations of corporate organizations in corporate governance practices. Some companies have adopted the principles of corporate governance which is based on transparency, accountability, fairness, legality and integrity. Also, a few companies have made their Annual Reports comprehensive enough to attract various stakeholders.Corporate governance is an essential part of business management and as such, management should be encouraged to comply with the code of corporate governance for the benefit of the organization at large.
Author: Matthew Tsamenyi Publisher: Emerald Group Publishing ISBN: 184855253X Category : Business & Economics Languages : en Pages : 565
Book Description
Corporate governance reform has become an important global policy agenda driven by events such as the 1997 Asian financial crisis, corporate scandals (such as Enron and WorldCom) and the globalisation of capital markets. This book advances debate on corporate governance, accountability and transparency in less developed and emerging economies.
Author: Sabri Boubaker Publisher: Springer Science & Business Media ISBN: 3642449557 Category : Business & Economics Languages : en Pages : 625
Book Description
This book fills the gap between theories and practices of corporate governance in emerging markets by providing the reader with an in-depth understanding of governance mechanisms, practices and cases in these markets. It is an invaluable resource not only for academic researchers and graduate students in law, economics, management and finance but also for people practicing governance such as lawmakers, policymakers and international organizations promoting best governance practices in emerging countries. Investors can benefit from this book to better understand of these markets and to make judicious investment decisions.
Author: Nga Pham Publisher: Springer Nature ISBN: 9811635250 Category : Political Science Languages : en Pages : 270
Book Description
Research in this book focuses on the strategic behaviour of the State as a shareholder in businesses, and the implications it has for the other shareholder(s) and business performance. It investigates the institutional characteristics of State-linked and State-owned firms (SIEs & SOEs), in emerging markets using Vietnam as a case study with comparative analysis on China and selected ASEAN countries. In doing so, the book adopts an evidence-based approach to explain the State’s role as a shareholder in the different aspects of corporate governance, including CEO appointment, board structure and impact of State ownership on business strategy and performance. It highlights the influence of the State as a shareholder by investigating institutional factors consistent with “path dependence” theory, which postulates that the initial and underlying structure of an economy influences its performance. In addition, the book presents empirical evidence of the dynamics of corporate governance arising from interactions between the State and other shareholders, which has not yet been addressed in the literature, and is distinctive in providing new insights from both qualitative and empirical research on how to successfully navigate the emerging market business environments from the perspective of the State as an “owner-participant”. Explaining the theoretical constructs in corporate governance in State-invested firms, empirical research methodologies, and results to draw and validate inferences, the book is comprehensive and provides a practical guide for practitioners as well as a reference for academics, undergraduate and postgraduate students. The new theoretical models proposed integrate traditional political-economic and agency theories, which also underpin tertiary business courses and academic research.
Author: Arindam Banik Publisher: Springer ISBN: 1137361859 Category : Business & Economics Languages : en Pages : 228
Book Description
Corporate Governance, Responsibility and Sustainability investigates various dimensions of corporate governance issues in key emerging economies such as China, India, Brazil, South Africa and Russia. The book explores a number of issues in the areas of corporate governance framework, market discipline and building an efficient, competitive market.
Author: Franklin N. Ngwu Publisher: Taylor & Francis ISBN: 1317353870 Category : Business & Economics Languages : en Pages : 360
Book Description
Throughout the world, the Anglo-American model of corporate governance tends to prevail – but no two countries are identical. Governance outcomes in developing and emerging economies often deviate from what theory predicts, due to a wide range of factors. Using insights from New Institutional Economics, Corporate Governance in Developing and Emerging Markets aims to explain the different issues and cultural and legal factors at play, and put forward an alternative governance framework for these economies. Structured in three parts, this text investigates different models of corporate governance; it explores the realities of corporate governance in ten nations, including the ‘BRICS’ (Brazil, Russia, India, China and South Africa) and ‘MINT’ (Mexico, Indonesia, Nigeria and Turkey) countries; and then considers corporate governance reform. This interdisciplinary text will be a valuable tool for students of corporate governance across Business, Economics and Law; and an equally useful resource for anyone working in or carrying out research in this area.
Author: Jean J. du Plessis Publisher: Springer ISBN: 3319518682 Category : Law Languages : en Pages : 316
Book Description
The book is the first comprehensive consideration, since the UK Cadbury Report recommended a voluntary Corporate Governance Code, of the question whether Corporate Governance Codes are the most effective way of ensuring adherence to good corporate governance principles. There is no doubt that the idea of voluntary compliance with good corporate governance practices, based on the principle of ‘comply or explain’, has captured the imagination of the world. It is probably one of the best and most comprehensive examples of ‘self-regulation’ ever seen in any area where the society could be affected significantly, for current purposes by corporations.However, is this the most effective way of ensuring that corporations act responsibly and adhere to good corporate governance principles? Have these Codes really improved corporate governance practices significantly? Is it time for a rethink and, at least in certain areas, start to rely more on ‘hard law’ and clearer expectations to ensure compliance? All these issues are addressed in the book.
Author: Nadeem Zia Publisher: Walter de Gruyter GmbH & Co KG ISBN: 3110773066 Category : Business & Economics Languages : en Pages : 186
Book Description
Corporate Governance Failures in Emerging Economies – Evidence from Pakistan provides detailed insights regarding corporate governance practices, legal and regulatory frameworks, drivers of corporate governance codes, levels of compliance and various corporate governance mechanisms in an emerging market context. The material outlines and discusses potential challenges to corporate governance development in these settings, emphasizing the wide array of formal and informal institutional factors that have both permitted and fostered corporate governance failures and scandals in Pakistan. This book will be of interest to anyone who is concerned with exploring issues relating to corporate governance outcomes in emerging market contexts and the relevance of institutional theory in offering explanations for the observed behaviour.
Author: Naeem Tabassum Publisher: Springer Nature ISBN: 3030485277 Category : Business & Economics Languages : en Pages : 335
Book Description
Establishing a corporate governance strategy that promotes the efficient use of organisational resources is instrumental in the economic growth of a country, as well as the successful management of firms. This book reviews existing literature and identifies board structural features as key variables of an effective corporate governance system, establishing a multi-theoretical model that links Board structural characteristics with firm performance. It then, using a comprehensive empirical study of 265 companies listed on the Karachi Stock exchange, tests this conceptual model. This research serves as a significant milestone, reflecting the socio-economic setting of emerging economies, and highlighting the need for the corporate sector in emerging markets to move away from a 'tick-box' culture. It argues that the sector needs to implement corporate governance as a tool to mitigate business risks; appoint and empower non-executive directors to achieve an effective monitoring of management; and establish their own ethical and governance principles, applicable to the Board of Directors. Based on an extensive data base, collected painstakingly over five years, this book offers new insights and conceptual framework for further research in this area. Given the breadth and width of the research, it is a useful source of future reference for students, researchers and policy makers.
Author: Sanjay Anand Publisher: John Wiley & Sons ISBN: 047019541X Category : Business & Economics Languages : en Pages : 226
Book Description
Praise for Essentials of Corporate Governance "Mr. Anand's book is a practical study of the complicated issues surrounding the world of corporate governance. He includes excellent case studies and best practice solutions for improving governance programs within all types of organizations." -Chrisan Herrod V.P. Marketing and Business Development Compliance Spectrum "This book is a highly practical, accessible guide to post-Enron reforms and an essential resource for managers who want more than just to comply with SOX; this book will help them benefit from it." -Nell Minow Editor and cofounder The Corporate Library Written by Sanjay Anand, one of the world's leading corporate governance, risk management, and regulatory compliance experts, this simple-to-use book is designed with appreciation for demanding professional obligations, with information easy to find and at your fingertips. This professional guide's nuts-and-bolts presentation examines why corporate governance is important, to put you in a better position to understand its successful implementation for your organization. Essentials of Corporate Governance will challenge your concept of corporate governance and provide you with an understanding of: * The concept of governance * The competing goals that corporations may have * Why there is a call for corporations to be more ethical * The various forms of corporate structure * Corporate governance in emerging markets * Corporate governance within nonprofit organizations Communicating the idea of corporate governance as a process and an ideal rather than a set of criteria, this accessible and relevant book is the resource and reference guide you will turn to time and again for the knowledge you need to make corporate governance work for your corporation.
Author: Ayisha Ahmed Zakaria
Author: Ayisha Ahmed Zakaria
Author: Matthew Tsamenyi
Author: Sabri Boubaker
Author: Nga Pham
Author: Arindam Banik
Author: Franklin N. Ngwu
Author: Jean J. du Plessis
Author: Nadeem Zia
Author: Naeem Tabassum
Author: Sanjay Anand