Improving the performance of corporate leaders: Theoretical and practical consideration

2020 ◽  
Vol 26 (11) ◽  
pp. 2617-2632
Author(s):  
Ya.V. Khomenko
Keyword(s):  
Corporate Governance ◽  
Organizational Culture ◽  
Theoretical Data ◽  
Practical Consideration ◽  
Mathematical Methods ◽  
Working Process ◽  
Corporate Leaders ◽  
Effective Performance ◽  
Corporate Leader ◽  
Transportation Company

Subject. The article evaluates the performance of corporate leaders in today's economy. Objectives. I unfold principles for evaluating the performance of a business leader, and review the substance of corporate governance and distinctions in managerial approaches that exist in a transportation company. Methods. The study relies upon the process-based and systems approaches, economic and mathematical methods, statistical methods for data processing and comparative analysis. Results. I analyzed types of corporate governance and notes that the entity should primarily ensure a growth in the productivity and financial result (profit). Therefore, as for the substance of corporate leader's performance, it seems to ensure the relationship of all management elements. Hence, I review a closed chain of the business leader's governance ensuring the working process and comprising five phases. The article outlines an algorithm for evaluating the performance of managers, illustrating the case of a transportation company. Based on available theoretical data, I determine that the microanalysis seems to be an option to improve the performance of corporate leaders, since it detects challenges at the initial phase, examines the management process and finds methods to eliminate any issues. I analyze how the organizational culture is examined, and conclude that the organizational culture in the transportation company is developing, thus ensuring the effective performance of the company. Conclusions. The substance of management translates into its functions and tasks shaping the specifics of the working process. A corporate leader deals with a big deal of functions, managing the staff, establishing the cooperation between corporate departments, collecting and processing the information for tasks they have to handle. The microanalysis and the implementation of the corporate governance mainly serve for raising the performance of corporate leaders. The findings can prove useful to various entities.

Training for the Management of Vietnamese Enterprises in the Industrial Revolution 4.0

2021 ◽  
Vol 37 (1) ◽  
Author(s):  
Vu Thi Minh Hien ◽  
Hoang Van Hai ◽  
Tran Kim Loan
Keyword(s):  
Corporate Governance ◽  
Organizational Culture ◽  
Industrial Revolution ◽  
Leadership Skills ◽  
Technological Knowledge ◽  
Management Capability ◽  
Rapid Changes ◽  
Is Management ◽  
Culture Development ◽  
The Revolution

The Industrial Revolution 4.0 has created rapid changes in management, administration, and development in Vietnamese enterprises. Having been faced with enomous opportunities and challenges as they are nowadays, one of the fundemental factors decisive for an enterprise’s development is management capability. Perception change, talent attraction, and organizational culture development require technological knowledge and leadership skills. Therefore, this article studies how the Industrial Revolution 4.0 has impacted corporate governance and in what management needs to be trained urgently so as to meet the requirements of the Revolution.

scholarly journals Corporate Governance and Performance of Audit Committee and Internal Audit Functions in an Emerging Economy’s Public Sector

2020 ◽  
Vol 13 (1) ◽  
pp. 85-98
Author(s):  
Shewangu Dzomira
Keyword(s):  
Corporate Governance ◽  
Public Sector ◽  
Audit Committee ◽  
Qualitative Content Analysis ◽  
Internal Audit ◽  
Audit Committees ◽  
The Public ◽  
Effective Performance ◽  
And Performance ◽  
Management Audit

This article seeks to examine corporate governance and the performance of audit committee and internal audit functions in an emerging economy’s public sector. These two functions form a part of imperative corporate governance aspects, and their effective performance ensures better service delivery by public sector agencies. The study is premised on stakeholder theory, which has turned out to be the central point of public sector discourses. The study is based on qualitative content analysis, which aspires to present information about corporate governance and effectiveness of audit committees and internal audit units in South Africa’s public sector. The findings suggest that there is good corporate governance in terms of the existence of audit committees and internal audit functions in the public sector. However, the results suggest that the audit committees and internal audit units in South Africa’s public sector are not effective. Absence of advice, implementation of recommendations and inadequacy of resources have undermined the performance of audit committees and internal audit units in South Africa’s public sector. The leadership and other assurance bringers ought to consider the findings elevated by the audit committees and internal audit and execute their commendation. Their findings should be urbanised into action plans that are implemented by management. Audit committees must improve their oversight on internal audit functions so that both units would effectively perform. The subsistence of successful audit committee and internal audit components in the public sector certifies proficient and effectual exploitation of resources for the gain of all stakeholders.

scholarly journals Prediction Bankruptcy of Retail Company: Based on Financial Ratios and Corporate Governance

2021 ◽  
pp. 70-87
Author(s):  
Sri Purwaningsih
Keyword(s):  
Corporate Governance ◽  
Financial Distress ◽  
Audit Committee ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Ratios ◽  
Retail Sector ◽  
Mathematical Methods ◽  
Total Data ◽  
Equity Ratio

Aims: The purpose of this study was to determine the effect of financial ratios and corporate governance on the dependent variable, namely financial distress. Financial distress is measured using the Altman Zscore approach in 1995. Study Design: The design used in this research is causal research. Place and Duration of Study: The object of this research is companies in the retail sector listed on the Indonesia Stock Exchange in 2017-2019. The research sample was 22 samples using the purposive sampling method. So the total data was 66 companies. Methodology: The analytical method used is quantitative, namely the approach to data processing through statistical or mathematical methods collected from secondary data. It is hoped that the conclusions obtained in a study will be more measurable and comprehensive. Results: The results obtained that the financial ratios proxied through the current ratio and debt-equity ratio influence predicting the bankruptcy of the company, while the Total Assets Turn Over variable, good corporate governance variables such as the number of independent commissioners and the frequency of audit committee meetings are not able to provide an influence in predicting corporate bankruptcy.

scholarly journals The Influence of Audit Quality on Auditor Performance with Mediating Organizational Commitment and Organization Culture

2021 ◽  
Vol 56 (2) ◽  
pp. 350-364
Author(s):  
Indrayati ◽  
Grahita Chandrarin ◽  
Fajar Supanto
Keyword(s):  
Corporate Governance ◽  
Transformational Leadership ◽  
Organizational Culture ◽  
Organizational Commitment ◽  
Audit Quality ◽  
Equation Modeling ◽  
Public Accounting ◽  
Accounting Firms ◽  
Good Corporate Governance ◽  
Public Accounting Firms

This study examines the effect of audit quality, good corporate governance, and transformational leadership on auditor performance with organizational commitment and organizational culture as mediation in public accounting firms in Malang and Surabaya, East Java, Indonesia. This research model is quantitative with a population of 660 public accounting firms in Indonesia, with a sample of 150 active auditors in East Java. Data analysis techniques were performed with documentation from questionnaires and Structural Equation Modeling. The results found that audit quality, good corporate governance, and transformational leadership affect organizational commitment, organizational culture, and auditor performance. Organizational commitment and culture affect auditor performance. Audit quality, good corporate governance, and transformational leadership affect auditor performance through organizational commitment and organizational culture.

Pengaruh Penerapan Corporate Governance (GCG) Dan Budaya Organisasi Pengelola Zakat Terhadap Motivasi Pembayaran Zakat Penghasilan Di DIY

2018 ◽  
Vol 26 (1) ◽  
pp. 48-68
Author(s):  
Mudasetia Hamid ◽  
Zulkifli Zulkifli
Keyword(s):  
Corporate Governance ◽  
Organizational Culture ◽  
Positive Influence ◽  
Two Dimensions ◽  
T Test ◽  
Test Results ◽  
F Test ◽  
Good Corporate Governance ◽  
Large Potential ◽  
Special Region

Zakat is a worship that has two dimensions of the vertical and horizontal, which is worship as a form of obedience to God (vertical) and as a duty to fellow human (horizontal). One of the large potential of zakat is zakat income. But so far zakat income has not been well managed including aspects of collection. This study was conducted to determine the effect of the application of the principles of good corporate governance and organizational culture on the motivation to pay zakat income in Yogyakarta Special Region. The result of t test on the variable of good corporate governance has an effect on the motivation of zakat payment of income, it is shown with tcount 3,063 with significance value 0,003. While the organizational culture variable is 2,800 with significance value 0,006. This test shows that the significance value <0.025. F test results on the concurrent effects of good corporate governance and organizational culture shows F count is 6.673 with a significance value of 0.002. This test shows that the significance value <0.05. This test shows that there is a positive influence of Good Corporate Governance and organizational culture on the Motivation of Zakat Payment “. R square value of 0.126 shows that about 12.6% of zakat payment motivation is directly influenced by good corporate governance and organizational culture. Keywords: good corporate governance, organizational culture, zakat income

Reading beyond the lines: themes and cultural values in corporate leaders’ communication

2018 ◽  
Vol 22 (2) ◽  
pp. 212-232
Author(s):  
Cindy Sing-Bik Ngai ◽  
Rita Gill Singh
Keyword(s):  
Cultural Values ◽  
Business Environment ◽  
Web Based ◽  
Content Type ◽  
Greater China ◽  
Corporate Leaders ◽  
Corporate Websites ◽  
Global Corporations ◽  
Corporate Leader ◽  
Categorization System

Purpose The unprecedented economic development and increase in the number of global corporations in the Greater China region, comprising the Chinese mainland, Taiwan and Hong Kong, have led to more emphasis on corporate leader-stakeholder communication. Bilingual web-based messages posted on corporate websites, which aim to strategically cultivate positive relationships between leaders and stakeholders, have emerged as a primary mode of communication for Chinese corporations. However, a research study investigating the prominent themes and underlying cultural values depicted in leaders’ messages intended for different groups of stakeholders is lacking. Therefore, the purpose of this paper is to investigate the themes and cultural values expressed through corporate leaders’ web-based messages in a non-western context. Design/methodology/approach Using an inductive approach, open coding and a categorization system, this study analyzed the web-based messages of leading corporations with WordSmith 6.0. Findings Six prominent themes in leaders’ communication were identified. These themes included, in order of importance: company development, operating philosophy, company profile, business environment, performance, and products and services. It was found that leaders strategically selected certain themes such as focusing on progress and the business environment but omitted others depending on how they wanted to strategically influence their stakeholders’ attitudes. Differences between the cultural values depicted in Chinese and the corresponding English messages could be attributed to leaders’ cultural adaptation of the messages intended for non-domestic stakeholders. Originality/value Since this study provides insights into the major themes preferred by leaders of corporations operating in Greater China, it will enable existing stakeholders to understand the main business focus of leaders and offer leaders more information about commonly accepted themes. These possibilities for enhanced knowledge on the part of stakeholders and business leaders, in turn, may potentially increase academic appreciation of the complexities involved in corporate communication. It also informs stakeholders about the variations in the values reflected in the English and Chinese messages of leaders, and, therefore, has a potential to offer value to academics and practitioners.

scholarly journals Pengaruh Budaya Organisasi dan Good Corporate Governance terhadap Kinerja Karyawan di RSUD K.H. Daud Arif Kuala Tungkal Jambi

2020 ◽  
Vol 11 (2) ◽  
pp. 71
Author(s):  
Azizah Azizah ◽  
Muhammad Emil
Keyword(s):  
Corporate Governance ◽  
Organizational Culture ◽  
Quantitative Research ◽  
Employee Performance ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Cultural Variables ◽  
Good Corporate Governance ◽  
Analysis Technique ◽  
Calculation Results

specific and detailed objectives of this study are another way to analyze the partial and simultaneous influence of organizational culture and Good Corporate Governance on employee performance at K.H. Daud Arif Kuala Tungkal Jambi Hospital. The method used is quantitative research with the design of the research used is survey research for descriptive and expansive purposes. The population of 342 employees and the technique of withdrawal of samples on a non probability. The sample in this study was taken 10% of the population, resulting in a sample of 34 employees. The data analysis technique used in this study is multiple linear regression analysis. The results showed that 1) partially obtained calculations and discussions that the cultural variables of the organization (X1) had a significant positive effect on employee performance (Y) where the calculation results showed a t count of 3,349 > t table of 1,697 to H0 rejected and H1 accepted and for good corporate governance variables (X2) shows there is a significant influence on employee performance (Y), obtained calculation t count of 2,067 > t table 1,697 so that H0 is rejected and H1 is accepted , and 2) simultaneously organizational culture (X1) and good corporate governance (X2), a significant impact on employee performance (Y), obtained a calculation of F count of 7,643 > F table 3.30 so that H0 is rejected and H1 is accepted.

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