An overview of corporate governance models in financial institutions

The paper illustrates the models of corporate governance in the aspects of its definition, nature of management and objectives along with its roles, regulation and power of various stakeholders in ensuring the accountability and the protection of the rights of various stakeholders from conventional...

Full description

Saved in:
Bibliographic Details
Main Authors: Alam, Md Kausar, Ab Rahman, Suhaimi, Mustafa, Hasri, Mohammed Shah, Sabarina, Rahman, Md. Mizanur
Format: Article
Language:English
Published: Conscientia Beam LLC 2019
Online Access:http://psasir.upm.edu.my/id/eprint/80622/1/CORPORATE.pdf
http://psasir.upm.edu.my/id/eprint/80622/
https://econpapers.repec.org/article/pkpijomas/2019_3ap_3a181-195.htm
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.upm.eprints.80622
record_format eprints
spelling my.upm.eprints.806222020-11-05T18:54:10Z http://psasir.upm.edu.my/id/eprint/80622/ An overview of corporate governance models in financial institutions Alam, Md Kausar Ab Rahman, Suhaimi Mustafa, Hasri Mohammed Shah, Sabarina Rahman, Md. Mizanur The paper illustrates the models of corporate governance in the aspects of its definition, nature of management and objectives along with its roles, regulation and power of various stakeholders in ensuring the accountability and the protection of the rights of various stakeholders from conventional and Islamic perspectives. These models are different in their characteristics, nature, culture, costume, epistemology, and country’s rules and regulation. However, the conventional models highlight the roles of shareholders, stakeholders, depositors, institutions, investors, and communities from the perspective of the nation’s demand and cultures. In contrast, the Islamic model of corporate governance consists of some roles and responsibilities such as the responsibilities to suppliers, customers, investment account holders, shareholders, management, the board of directors, competitors, Shariah supervisory boards, societies, and the employees from its spiritual and social commitments. Through the critical analysis of these models of corporate governance is deemed to help the empirical research on corporate governance model and develop a certain model of Islamic corporate governance. However, the paper may help to give a simple understanding of the corporate governance models in both the conventional and Islamic perspectives of financial institutions. Conscientia Beam LLC 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/80622/1/CORPORATE.pdf Alam, Md Kausar and Ab Rahman, Suhaimi and Mustafa, Hasri and Mohammed Shah, Sabarina and Rahman, Md. Mizanur (2019) An overview of corporate governance models in financial institutions. International Journal of Management and Sustainability, 8 (4). pp. 181-195. ISSN 2306-9856; ESSN: 2306-0662 https://econpapers.repec.org/article/pkpijomas/2019_3ap_3a181-195.htm 10.18488/journal.11.2019.84.181.195
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description The paper illustrates the models of corporate governance in the aspects of its definition, nature of management and objectives along with its roles, regulation and power of various stakeholders in ensuring the accountability and the protection of the rights of various stakeholders from conventional and Islamic perspectives. These models are different in their characteristics, nature, culture, costume, epistemology, and country’s rules and regulation. However, the conventional models highlight the roles of shareholders, stakeholders, depositors, institutions, investors, and communities from the perspective of the nation’s demand and cultures. In contrast, the Islamic model of corporate governance consists of some roles and responsibilities such as the responsibilities to suppliers, customers, investment account holders, shareholders, management, the board of directors, competitors, Shariah supervisory boards, societies, and the employees from its spiritual and social commitments. Through the critical analysis of these models of corporate governance is deemed to help the empirical research on corporate governance model and develop a certain model of Islamic corporate governance. However, the paper may help to give a simple understanding of the corporate governance models in both the conventional and Islamic perspectives of financial institutions.
format Article
author Alam, Md Kausar
Ab Rahman, Suhaimi
Mustafa, Hasri
Mohammed Shah, Sabarina
Rahman, Md. Mizanur
spellingShingle Alam, Md Kausar
Ab Rahman, Suhaimi
Mustafa, Hasri
Mohammed Shah, Sabarina
Rahman, Md. Mizanur
An overview of corporate governance models in financial institutions
author_facet Alam, Md Kausar
Ab Rahman, Suhaimi
Mustafa, Hasri
Mohammed Shah, Sabarina
Rahman, Md. Mizanur
author_sort Alam, Md Kausar
title An overview of corporate governance models in financial institutions
title_short An overview of corporate governance models in financial institutions
title_full An overview of corporate governance models in financial institutions
title_fullStr An overview of corporate governance models in financial institutions
title_full_unstemmed An overview of corporate governance models in financial institutions
title_sort overview of corporate governance models in financial institutions
publisher Conscientia Beam LLC
publishDate 2019
url http://psasir.upm.edu.my/id/eprint/80622/1/CORPORATE.pdf
http://psasir.upm.edu.my/id/eprint/80622/
https://econpapers.repec.org/article/pkpijomas/2019_3ap_3a181-195.htm
_version_ 1683232234305224704
score 13.211869