scholarly journals New Approach to Transportation Service Pricing Based on the Stakeholder Model of Corporate Governance

2015 ◽  
Author(s):  
Elena Sergeyevna Palkina ◽  
Natalya Aleksandrovna Zhuravleva ◽  
Alexander Yurievich Panychev
Keyword(s):  
Corporate Governance ◽  
New Approach ◽  
Service Pricing ◽  
Transportation Service ◽  
Stakeholder Model

scholarly journals Corporate governance in Poland

2009 ◽  
Vol 7 (2) ◽  
pp. 387-394 ◽  
Author(s):  
Tom Mortimer
Keyword(s):  
Corporate Governance ◽  
Future Development ◽  
Traditional Approach ◽  
Hybrid Approach ◽  
The State ◽  
The Future ◽  
Stakeholder Model ◽  
State Models

This article considers the traditional approach to the ’state’ Models of corporate governance, namely shareholder Model and stakeholder Model. It then considers the extent to which developments in a recent accession EU country, Poland, reflects either of these Models or adopts a hybrid approach. It then offers proposals for the future development of corporate governance within Poland.

scholarly journals INTELLECTUAL CAPITAL APPROACH FOR A BETTER CORPORATE GOVERNANCE OF SHARIA BANKING

2018 ◽  
Vol 11 (1) ◽  
pp. 105
Author(s):  
Hadi Purnomo
Keyword(s):  
Corporate Governance ◽  
Commercial Bank ◽  
Intellectual Capital ◽  
Commercial Banks ◽  
Holistic Approach ◽  
Financial Statements ◽  
Effective Model ◽  
New Approach ◽  
Governance Framework

<p align="center"><strong><em>Abstract</em></strong></p><pre><em>The Implementation of corporate governance of sharia banking in Indonesia has not been effective. </em><em>Sharia banking in Indonesia do</em><em> </em><em>not </em><em>yet </em><em>have </em><em>a standard of </em><em>sharia governance framework as a guideline for the implementation of corporate governance. This study was conducted to analyze the implementation of corporate governance and intellectual capital condition of sharia banks, and to develop a more effective model of corporate governance by using the approach of intellectual capital</em><em>. </em><em>The data came from the annual financial statements of 12 Sharia Commercial Banks (BUS), and information based on answers to questionnaires by sharia banking practitioners. The results of this study indicate that the condition of intellectual capital contributes to the performance of BUS, while the implementation of corporate governance does not contribute significantly. However, corporate governance and intellectual capital contribute simultaneously to the performance of BUS. The implication based on finding indicated that intellectual capital can be developed as a basic for implementation of corporate governance in sharia banking. This is a new approach because the concept of corporate governance is generally more focused on rules and policies, it is rare to consider a holistic approach and align with the conditions of the company's intellectual capital.</em><em></em></pre><p><strong><em>Keywords:</em></strong><em> corporate governance;</em><em> </em><em>intellectual capital; sharia commercial bank (BUS); </em><em>sharia </em><em>governance framework</em><em></em></p>

Divergence or convergence: paradoxes in corporate governance?

2015 ◽  
Vol 15 (5) ◽  
pp. 693-705 ◽  
Author(s):  
Palka Chhillar ◽  
Ramana Venkata Lellapalli
Keyword(s):  
Corporate Governance ◽  
Emerging Economies ◽  
Governance Mechanisms ◽  
Governance System ◽  
Cultural Economic ◽  
Content Type ◽  
German Model ◽  
The Usa ◽  
Stakeholder Model ◽  
The Uk

Purpose – This review paper aims to compare the various dimensions in the finance literature pertaining to the Anglo-Saxon Model (Stockholder Model) prevalent in the USA and the UK with the German Model (Stakeholder Model) of corporate governance prevalent in Germany and continental Europe. The present study identifies different strands of research on the various dimensions of these models, along with aspects of governance in emerging economies and the phenomenon of the convergence of these governance mechanisms. Design/methodology/approach – The literature review on corporate governance models has been carried out on the themes of internal and external governance mechanisms. The review considers agency theory along with principal–principal (PP) conflicts as the fundamental blocks explaining the need for governance structures. Findings – The traditional models of governance, along with the incorporation of PP conflicts, will result in a hybrid model inculcating the best of both the traditional models. However, convergence in the true sense may not be possible owing to fundamental differences pertaining to cultural, economic, legal and socio-economic aspects of the firm. Originality/value – This paper proposes a framework incorporating the interplay of managerial talent and controlling shareholders to understand the governance system that may be applicable for firms in emerging economies.

scholarly journals A review of the two main competing models of corporate governance: the shareholdership model versus the stakeholdership model

2007 ◽  
Vol 5 (1) ◽  
pp. 9-23 ◽  
Author(s):  
Tony Ikechukwu Nwanji ◽  
Kerry E. Howell
Keyword(s):  
Corporate Governance ◽  
Shareholder Wealth ◽  
American System ◽  
Stakeholder Groups ◽  
Stakeholder Model ◽  
Competing Models ◽  
Anglo American ◽  
Model Versus ◽  
The Impact

This paper reviews the impact of the shareholdership and stakeholdership models in guiding managers through the most appropriate way of delivering business objectives. The shareholder model is the traditional Anglo-American system of corporate governance, which focuses on the maximisation of shareholder wealth, while the stakeholder model is considered to be exemplified by the German system of corporate governance and focuses on meeting the needs and expectations of a wider range of stakeholder groups. The results from this study indicate that a combination of both models could enable management to deliver the needs of stakeholders groups, while in the long term maximizing wealth for the shareholders

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