Governance of Family Waqf Companies Between Theory and Practice

The effective governance of family waqf companies is a set of rules and regulations that provide accounting information to the board of directors in waqf companies such as disclosure, transparency and clarity, in order to achieve the objectives that benefit the beneficiaries of the services of waqf companies and the dependents and depend on the legal and regulatory systems, Honesty and honesty. The aim of this study is to attempt to construct and formulate the general framework of the governance structure of family waqf companies. This study aims at clarifying the importance of establishing and strengthening the principles of corporate governance in waqf companies. The study found that an effective corporate governance system helps to provide effective and effective trust and transparency to charitable and endowment work. It aims at improving the performance efficiency of Waqf companies and developing their services. Waqf corporate governance also contributes to increasing the mobilization of endowment resources.

Download Full-text

Institutional reforms and development of corporate governance and banking system in China

Asian Journal of Finance & Accounting ◽

10.5296/ajfa.v9i2.12382 ◽

2017 ◽

Vol 9 (2) ◽

pp. 352 ◽

Cited By ~ 1

Author(s):

Vijayakumaran Ratnam ◽

Sunitha Vijayakumaran

Keyword(s):

Corporate Governance ◽

Banking Sector ◽

Banking System ◽

Governance Structure ◽

Chinese Government ◽

Governance System ◽

Corporate Sector ◽

Institutional Reforms ◽

Corporate Governance System ◽

Management Responsibility

The objective of this paper is to review China’ instructional reforms and evaluate its effectiveness based on available empirical evidences with special reference to Chinese corporate governance system and financial system. As part of the wider economic reform initiated in the late 1970s, in the 1980s, the Chinese government adopted various measures aimed at reforming state owned enterprises (SOEs). These mainly include managerial autonomy, a management responsibility system, corporatization and partial privatization of former SOEs. In addition, the Chinese government took various steps to enhance the efficiency of the banking sector. The analysis shows that China’s efforts to improve the corporate sector through its own unique gradual and piecemeal approach has been successful in terms of introducing a formal governance structure for the corporate sector, liberalizing its financial sector, improving governance of state owned banks, and most importantly, developing the private sector as the back bone of the economy.

Download Full-text

Corporate Governance Structure and Accounting Information Disclosure Quality: Evidence from Shenzhen Stock Exchange in China

International Studies Review ◽

10.1163/2667078x-01901005 ◽

2018 ◽

Vol 19 (1) ◽

pp. 99-116

Author(s):

He Xu ◽

Chang Seop Rhee

Keyword(s):

Corporate Governance ◽

Information Disclosure ◽

Stock Exchange ◽

Accounting Information ◽

Governance Structure ◽

Disclosure Quality ◽

Corporate Governance Structure ◽

Quality Of Accounting Information ◽

The Board Of Directors

This study investigates the effect of corporate governance structure on the quality of accounting information disclosure using Shenzhen stock exchange data. Existing literatures reported that corporate governance can help to improve accounting quality. However, China's corporate governance structure may have different consequences from prior studies because it has less maturity than developed countries in Europe and the United States. China government, in particular, has a very strong influence on the companies in China and we needs to be verified if the corporate governance structure works properly. From the empirical tests, we find that the proportion of stateowned shares, the proportion of tradable shares, ownership concentration, the size of the board of directors, the proportion of ownership of the board of directors, and size of the board of supervisors are positively associated with the quality of accounting information disclosure. This study will contribute to academics and practitioners by documenting the factors of corporate governance structure on accounting disclosure quality in China.

Download Full-text

PROSPECTS FOR ADDITIONAL DISCLOSURE OF ACCOUNTING INFORMATION IN THE CORPORATE GOVERNANCE SYSTEM

Scientific Notes of Ostroh Academy National University Series Economics ◽

10.25264/2311-5149-2020-16(44)-203-208 ◽

2020 ◽

Vol 1 (16(44)) ◽

pp. 203-208

Author(s):

Vasil Tsaruk

Keyword(s):

Corporate Governance ◽

Accounting Information ◽

Governance System ◽

Corporate Governance System

Download Full-text

IMPROVING THE EFFICIENCY OF THE BANK'S BOARD OF DIRECTORS BY IMPROVING RISK MANAGEMENT

EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA ◽

10.36871/ek.up.p.r.2021.12.04.005 ◽

2021 ◽

Vol 4 (12) ◽

pp. 30-34

Author(s):

Indira Z. Toguzova ◽

◽

Soslan I. Kalitsov ◽

Natalie V. Kisieva ◽

Zarina E. Tarkhanova ◽

...

Keyword(s):

Risk Management ◽

Corporate Governance ◽

Board Of Directors ◽

Governance System ◽

Corporate Risk Management ◽

Integrated Risk ◽

Corporate Governance System ◽

The Board Of Directors ◽

Corporate Risk

Banking risk management has become particularly important in an unstable and volatile exter-nal environment. It presupposes both the development of the instrumental elements of the integrated risk management system and the development of the corporate governance system. The article examines the features of risk management both at the level of bank management and at the level of corporate governance, in particular, the role of the board of directors in effective corporate risk management is shown. On this basis, the authors formulated recommendations for the formation of a culture of risk management.

Download Full-text

The Role of Corporate Governance Mechanism in Optimizing Firm Performance: A Conceptual Model for Corporate Sector of Pakistan

Journal of Asian Business Strategy ◽

10.18488/journal.1006/2015.5.6/1006.6.109.115 ◽

2015 ◽

Vol 5 (6) ◽

pp. 109-115

Author(s):

Ahsan Akbar

Keyword(s):

Corporate Governance ◽

Firm Performance ◽

Governance Structure ◽

Governance Mechanism ◽

Governance System ◽

Corporate Governance Structure ◽

Wealth Maximization ◽

Corporate Governance System ◽

Corporate Governance Mechanism

Corporate governance refers to the processes that govern and direct firm managers to take decisions that are in line with the shareholders goal of wealth maximization. Various studies have been conducted in developing countries including Pakistan to investigate the relationship between corporate governance and firm performance mostly by using the conventional measures of corporate governance. The result of these studies suggests that corporate governance positively and significantly contributes towards firm performance. The aim of this study is to incorporate some important policy measures related to major players of corporate governance that are of significant importance in establishing an effective corporate governance structure in addition to the conventional measures of corporate governance. Inclusion of these variables will help the firms to create an effective corporate governance system that will lead to an increased firm performance.

Download Full-text

Italian asset management companies: Products and governance

Corporate Ownership and Control ◽

10.22495/cocv10i2art2 ◽

2013 ◽

Vol 10 (2) ◽

pp. 20-27

Author(s):

Maria Cristina Arcuri

Keyword(s):

Corporate Governance ◽

World War Ii ◽

Asset Management ◽

Mutual Fund ◽

Governance Structure ◽

Seemingly Unrelated Regression ◽

Governance System ◽

Corporate Governance System ◽

Production And Distribution ◽

Severe Recession

The importance of the asset management sector has prompted many studies to highlight the need to promote its growth and development. This is even more so following the recent financial crisis, considered by many authors the most severe recession after World War II. Contributions existing in literature have emphasized the importance of investigating the corporate governance system of the Asset Management Companies (AMCs), considering that the Italian financial system is characterized by a "vertical integration" between production and distribution. In particular, the purpose of our research is to establish whether the products offered by Italian AMCs affect their governance structure. We use a statistical multi – equation method called Seemingly Unrelated Regression (SUR) and analyze the period 2006-2010. Results show that mutual fund categories offered by Italian AMCs are very important because they may affect their corporate governance system and, therefore, the Italian asset management market.

Download Full-text

Nurturing Corporate Governance System: The Emerging Trends in Nigeria

Journal of Business Systems Governance & Ethics ◽

10.15209/jbsge.v4i2.156 ◽

2009 ◽

Vol 4 (2) ◽

Cited By ~ 12

Author(s):

Benjamin James Inyang

Keyword(s):

Corporate Governance ◽

Internal Control ◽

Governance Structure ◽

Securities And Exchange Commission ◽

Control Mechanisms ◽

Governance System ◽

Corporate Governance Structure ◽

Public Corporations ◽

Emerging Trends ◽

Corporate Governance System

The paper traced the nascent history of corporate governance system in Nigeria and noted the paucity of literature in the subject. Mainstream issues of corporate governance in the country emerged with the enactment of the Companies and Allied Matters Act of 1990 (CAMA 1990), which established the Corporate Affairs Commission (CAC), and charged it with the responsibility of overseeing the regulation and supervision of the formation, incorporation, registration, management and winding up of companies. The corporate governance codes of both the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN), gave impetus for the development of corporate governance structure, to ensure transparency, accountability, probity, integrity and fairness in the management and control of the public corporations, and thereby creating value for the shareholders and stakeholders. Major challenges which required urgent attention to enhance the effectiveness of the system were noted thus: making the voluntary codes mandatory; developing more effective mechanisms for monitoring compliance and enforcement; developing strong internal control mechanisms to checkmate the boards oversight responsibility; crafting strategies to enhance shareholders activism and the extension of the codes to state-owned enterprises with more cases of corporate governance abuses.

Download Full-text