scholarly journals Innovative Systems Structure for Real Corporate Governance

2021 ◽  
Vol 10 (4) ◽  
pp. 0-0

All around the world, trends of globalization and industrialization have been experienced both in the development of large corporations and conglomerates. These larges firms contribute enormously to the socio-economic development of countries. Adopting a systematic literature review method with in-depth content analysis, the paper explores the concept of corporate governance holistically from systems lens and proposes an innovative systems structure-based framework namely Cultural Legal Oriented Value Embedded (CLOVE) for corporate governance to enable better decision making. In this paper, the structure proposed refers to components of culture, legal, orientation, value embeddedness that may be internal or external to the firm and these components are those, which will have a role in undertaking effective corporate governance and wealth creation for shareholders and the firm.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Fahmi Medias ◽  
Asmak Ab Rahman ◽  
Akhmad Akbar Susamto ◽  
Zulfikar Bagus Pambuko

Purpose This paper aims to analyze the role of waqf in the socio-economic development of the organization of the Islamic Cooperation (OIC) countries. Various projects currently use waqf as an instrument for socio-economic development, as reported in the scholarly literature. This study will investigate this literature to explore trends in waqf studies and the role of this Islamic form of endowment in the socio-economic development of OIC countries. Design/methodology/approach This systematic literature review focuses on peer-reviewed journals and data obtained from the Mendeley database using specific criteria to analyze the socio-economic developmental role of waqf in OIC countries from 2011‐2020. Findings The socio-economic developmental role of waqf in OIC countries has been widely studied. In total, 68 academic articles were found that are relevant to themes of poverty alleviation, social welfare, entrepreneurship, education, health services and religious facilities. They reveal that the role of waqf in social welfare was the most discussed topic in the research. In addition, the majority of studies used an interview method to study waqf institutions in nine OIC countries. Furthermore, the number of publications on the theme has increased significantly every year, although the largest proportion occurred in unindexed journals. Practical implications This study provides an overview of research trends in the socio-economic developmental role of waqf. Its results can provide practical input for waqf institutions as they encourage its practice in OIC countries, and for policymakers in formulating their management strategies to promote the role of waqf in the social and economic aspects of society. Originality/value This paper reviews the current development of the socio-economic role of waqf in OIC countries. It will help researchers improve their understanding of this role. It will also provide waqf managers in OIC countries with adequate information on waqf projects which they can implement to achieve socio-economic development in their countries.


2018 ◽  
Vol 1 (1) ◽  
pp. 57
Author(s):  
Mehreen Furqan ◽  
Maha Ijaz

The paper presents a systematic literature review of the Research done in the last 30 years in the area of Agency Cost. It undertakes content analysis technique for the purpose and does a complete publication and methodological analysis to discuss the path the research is following. Simple counts and cross tabs are run to look at the advancements in the publication and methodology of the research over the years and in the four different regions of the world where this research is taking place. The results help us determine where and how most of the research in the world is taking place, as in what are its characteristics. The implication of this would be to use the characteristics to do further research in the area of Agency Cost. Also, this research would help in identifying the gaps in the methodology used to research for Agency Cost creating room for further research.


2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Alan Brnabic ◽  
Lisa M. Hess

Abstract Background Machine learning is a broad term encompassing a number of methods that allow the investigator to learn from the data. These methods may permit large real-world databases to be more rapidly translated to applications to inform patient-provider decision making. Methods This systematic literature review was conducted to identify published observational research of employed machine learning to inform decision making at the patient-provider level. The search strategy was implemented and studies meeting eligibility criteria were evaluated by two independent reviewers. Relevant data related to study design, statistical methods and strengths and limitations were identified; study quality was assessed using a modified version of the Luo checklist. Results A total of 34 publications from January 2014 to September 2020 were identified and evaluated for this review. There were diverse methods, statistical packages and approaches used across identified studies. The most common methods included decision tree and random forest approaches. Most studies applied internal validation but only two conducted external validation. Most studies utilized one algorithm, and only eight studies applied multiple machine learning algorithms to the data. Seven items on the Luo checklist failed to be met by more than 50% of published studies. Conclusions A wide variety of approaches, algorithms, statistical software, and validation strategies were employed in the application of machine learning methods to inform patient-provider decision making. There is a need to ensure that multiple machine learning approaches are used, the model selection strategy is clearly defined, and both internal and external validation are necessary to be sure that decisions for patient care are being made with the highest quality evidence. Future work should routinely employ ensemble methods incorporating multiple machine learning algorithms.


2021 ◽  
Vol 13 (2) ◽  
pp. 737
Author(s):  
Indre Siksnelyte-Butkiene ◽  
Dalia Streimikiene ◽  
Tomas Balezentis ◽  
Virgilijus Skulskis

The European Commission has recently adopted the Renovation Wave Strategy, aiming at the improvement of the energy performance of buildings. The strategy aims to at least double renovation rates in the next ten years and make sure that renovations lead to higher energy and resource efficiency. The choice of appropriate thermal insulation materials is one of the simplest and, at the same time, the most popular strategies that effectively reduce the energy demand of buildings. Today, the spectrum of insulation materials is quite wide, and each material has its own specific characteristics. It is recognized that the selection of materials is one of the most challenging and difficult steps of a building project. This paper aims to give an in-depth view of existing multi-criteria decision-making (MCDM) applications for the selection of insulation materials and to provide major insights in order to simplify the process of methods and criteria selection for future research. A systematic literature review is performed based on the Search, Appraisal, Synthesis and Analysis (SALSA) framework and the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) statement. In order to determine which MCDM method is the most appropriate for different questions, the main advantages and disadvantages of different methods are provided.


2021 ◽  
Vol 13 (8) ◽  
pp. 4129
Author(s):  
Manuel Sousa ◽  
Maria Fatima Almeida ◽  
Rodrigo Calili

Multiple-criteria decision making (MCDM) methods have been widely employed in various fields and disciplines, including decision problems regarding Sustainable Development (SD) issues. The main objective of this paper is to present a systematic literature review (SLR) on MCDM methods supporting decisions focusing on the achievement of UN Sustainable Development Goals (SDGs) and the implementation of the 2030 Agenda for Sustainable Development in regional, national, or local contexts. In this regard, 143 published scientific articles from 2016 to 2020 were retrieved from the Scopus database, selected and reviewed. They were categorized according to the decision problem associated with SDGs issues, the MCDM methodological approach, including the use (or not) of fuzzy set theory, sensitivity analysis, and multistakeholder approaches, the context of MCDM applications, and the MCDM classification (if utility-based, compromise, multi-objective, outranking, or other MCDM methods). The widespread adoption of MCDM methods in complex contexts confirms that they can help decision-makers solve multidimensional problems associated with key issues within the 2030 Agenda framework. Besides, the state-of-art review provides an improved understanding of this research field and directions for building a research agenda for those interested in advancing the research on MCDM applications in issues associated with the 2030 Agenda framework.


2020 ◽  
Vol 5 (2) ◽  
pp. 434-443
Author(s):  
Syarul Azman Shaharuddin ◽  
Mariam Abd Majid ◽  
Muhammad Yusof Marlon Abdullah ◽  
Abur Hamdi Usman ◽  
Siti Nor Atiqah Amran

The world of entrepreneurs in Malaysia has been led by Muslims. This has contributed to the growth of the Muslim economy. There are issues of failure in business management based on Islamic spiritual values. Spirituality is the process of the internal development of the soul. In Islam, it is based on faith in life, believing and trust in Allah Almighty, while application of the tauhid paradigm in both in this world and hereafter are related affairs. The purpose of the study is to analyze the potential of spiritual elements in the success of Muslim entrepreneurs. In this article, the researchers applied the Systematic Literature Review methodology, which focuses on research objectives. This article uses three (3) steps to analyze selected articles, i.e., by identification, screening, and eligibility. The outcome of this study had established five (5) journal articles that discussed spiritual elements that played an important role in the success of Muslim entrepreneurs, based on religious practices and values that were applied in entrepreneurship. The analysis found that the belief in Allah and the practice of religious values helped to enhance confidence and build the strong personality and traits of successful entrepreneurs. This is contributed by the elements of gratitude (Shukr), approval (riḍā), and reliance (tawakkal) after the best effort. Therefore, this study is expected to contribute to the research on entrepreneurship in Malaysia, especially for the Muslim community.


2020 ◽  
Vol 5 (10) ◽  
pp. 64-68
Author(s):  
A. M. SAMIDOV ◽  

The article analyzes the problems of existing mechanisms to stimulate financing of «green» projects. Statistical data on financing of «green» projects in the world and in Russia presented. Criteria and standards for financing «green projects», financing problems in regions with different levels of socio-economic development, and so on are considered.


Sign in / Sign up

Export Citation Format

Share Document