scholarly journals Corporate Governance from an Islamic Moral Economy Perspective: The Dimensions and Analysis

2021 ◽  
Vol 10 (2) ◽  
pp. 359-378
Author(s):  
Muhammad Rizky Prima Sakti ◽  
Mohammad Ali Tareq ◽  
Hajime Kamiyama
Keyword(s):  
Corporate Governance ◽  
Moral Economy ◽  
Point Of View ◽  
Suitable Model ◽  
Human Beings ◽  
Review Analysis ◽  
Governance Model ◽  
Definition Of ◽  
Corporate Governance Model ◽  
Key Questions

Corporate governance from Islamic perspective is derived from Islamic worldview, whereby the God is at the apex and human beings are below Him. However, there is no unified definition of corporate governance under shari’ah point of view. To bridge the applicability of Islamic corporate governance model with Islamic moral economy framework, some key questions to be addressed are as follows. (i) do Islamic corporate governance models consistent with the aspiration of Islamic moral economy? (ii) what are the important dimensions of Islamic corporate governance? (iii)  what is the concept of Islamic corporate governance inspired by the ideals of Islamic moral economy? To accomplish the objectives, this paper follows critical review analysis as a methodology, through which it aims to highlight how each Islamic corporate governance model models are being constructed and to compare those models with Islamic moral economy perspective. The paper proposes the suitable model of Islamic corporate governance under the Islamic moral economy perspective.JEL Classification: G34, O16How to Cite:Sakti, M. R. P., Tareq, M. A., & Kamiyama, H. (2021). Corporate Governance from an Islamic Moral Economy Perspective: The Dimensions and Analysis. Signifikan: Jurnal Ilmu Ekonomi, 10(2), 359-378. https://doi.org/10.15408/sjie.v10i2.21511.

Governance and Flexibility in Family-Owned SMEs

2002 ◽  
Vol 15 (4) ◽  
pp. 277-297 ◽  
Author(s):  
Paolo Gubitta ◽  
Martina Gianecchini
Keyword(s):  
Corporate Governance ◽  
Organizational Structures ◽  
Governance Structure ◽  
Medium Size ◽  
Corporate Governance Structure ◽  
Governance Model ◽  
Governance Systems ◽  
Definition Of ◽  
Corporate Governance Model ◽  
The Impact

This article presents an empirical study that uses a sample of 83 small and medium-size enterprises (SMEs) based in Northeast Italy. The study analyzes the impact of nonfamily management on the corporate governance structure. We employ an original framework, based on the New Theory of Property Rights, to analyze corporate governance models in SMEs. Moreover, this article offers a definition of flexibility of the corporate governance model. We also analyze the correspondence between corporate governance systems and organizational structures.

scholarly journals Towards a “hybrid” African corporate governance model: Evidence from post apartheid South Africa

2015 ◽  
Vol 12 (3) ◽  
pp. 419-427 ◽  
Author(s):  
Ernest Gyapong
Keyword(s):  
South Africa ◽  
Corporate Governance ◽  
Affirmative Action ◽  
South African ◽  
Economic Conditions ◽  
Governance Model ◽  
Model Evidence ◽  
Anglo American ◽  
Corporate Governance Model ◽  
Key Questions

This paper investigates how unique socio economic conditions have hybridized the Anglo-American corporate governance (CG) model in South Africa (SA). The paper evaluates two key questions. (1) Are the Anglo-American and the continental European CG models converging to a hybrid model?(2) How Does the infusion of the “ubuntu” philosophy and affirmative action rules into the Anglo-American CG model create a “hybrid” African CG model in South Africa? In making these assessments we explore the shareholder and the stakeholder models of CG and assess these models are converging. We next explore CG in SA and examine how the African “ubuntu” philosophy and the inclusion of the various affirmative action rules in South African CG have created a “hybrid” African CG model.

Examination of the Institutional and Regulatory Framework for Corporate Human Rights Accountability in South Africa

2017 ◽  
Vol 25 (2) ◽  
pp. 158-175
Author(s):  
Abiodun Jacob Osuntogun
Keyword(s):  
South Africa ◽  
Corporate Governance ◽  
Human Rights ◽  
Regulatory Framework ◽  
Institutional Framework ◽  
Bill Of Rights ◽  
Corporate Accountability ◽  
Governance Model ◽  
Wide Gap ◽  
Corporate Governance Model

This article examines the existing statutory and institutional framework for corporate human rights accountability in South Africa. It considers the questions whether corporations are duty bearers and whether they have responsibilities or obligations to respect human rights and the mode of corporate governance model adopted to regulate them. It argues that although the Bill of Rights adequately provides for the culture and entrenchment of corporate accountability for human rights, the possibility of achieving its objective is not certain because there is a wide gap between the fulfilment of the vision of the Constitution and the mechanism adopted for its realisation.

The Merit of the DATA Act to Enhance the Governmental Reporting Process: A Corporate Governance Perspective

2018 ◽  
Vol 15 (1) ◽  
pp. 107-120 ◽  
Author(s):  
Jacob Errichetti ◽  
Saeed J. Roohani
Keyword(s):  
Corporate Governance ◽  
Data Transfer ◽  
Information Flows ◽  
Corporate Context ◽  
Governance Model ◽  
Reporting Process ◽  
Regulatory Bodies ◽  
Common Goals ◽  
Corporate Governance Model ◽  
Conceptual Link

ABSTRACT This paper utilizes corporate governance concepts to assess the merit of the Digital Accountability and Transparency Act of 2014 (DATA Act). The paper first compares the information flows seen in a corporate context to those seen in a governmental reporting context. The paper then utilizes agency theory to establish a conceptual link between the two reporting processes. This conceptual link is used to identify common goals between the participants in the information flows. Following this, a corporate governance model is used to outline factors that contribute to effective corporate governance. This governance model is then used as a basis for assessing the merit of the DATA Act. After this, differences between the participants in the information flows are discussed and limitations of the paper are acknowledged. The paper suggests that the DATA Act has merit due to its potential to improve transparency and monitoring in the governmental reporting process. Increased data timeliness and usability will enhance transparency, while improvements in automation, data transfer, and data analytics will improve monitoring. The conclusions of this paper have implications for the participants in the governmental reporting process including government agencies, legislators, regulatory bodies, contractors, non-voting taxpayers, and members of the voting public.

The Invisible Landscape: Subsoil, Environment and the Italian Legislation on the Cultural Heritage

1999 ◽  
Vol 2 (2) ◽  
pp. 159-175
Author(s):  
Laura Domanico
Keyword(s):  
Cultural Heritage ◽  
Point Of View ◽  
Human Beings ◽  
Negative Consequences ◽  
Human Environment ◽  
Dynamic View ◽  
Definition Of ◽  
Historic Landscape ◽  
Emotional Approach ◽  
Italian Legislation

The study examines the Italian legislation on the cultural heritage and the environment, and points out the cultural gaps from the point of view of the definition and comprehension of these matters, and the delays surrounding the management of the cultural heritage in the territory. While theoretical debate on the environment in Italy has received a strong impulse in recent years, the cultural heritage continues to be governed by generally outdated laws of an essentially restrictive and punitive nature. The environment and cultural heritage are also seen by the Italian legislation as two separate entities, with negative consequences at the level of the protection, safeguarding and evaluation of the heritage. The study also puts forward a unified, dynamic view of the human environment (the interaction between human beings and the environment), which includes both the visible and invisible landscapes, the latter existing concealed beneath the surface. The proposed concept of the subsoil is that of a structured universe, in whose understanding and interpretation archaeology plays a determining role. By protecting and safeguarding only what ‘we can see’, i.e. the environmental and historic landscape above the soil, the law forgets that this is nothing other than the product of a series of partial landscapes fossilized and stratified in the course of time. By seeking out a new definition of the human environment, the study advances a conception that takes into account continuing transformations while not excluding an intuitive and emotional approach.

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