COMPARATIVE ANALYSIS BETWEEN THE TRADITIONAL MODEL OF CORPORATE GOVERNANCE AND ISLAMIC MODEL

Corporate governance represents a set of processes and policies by which a company is administered, controlled and directed to achieve the predetermined management objectives settled by the shareholders. The most important benefits of the corporate governance to the organisations are related to bu...

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Main Authors: DAN ROXANA LOREDANA, BUGLEA ALEXANDRU, HETEȘ ROXANA
Format: Article
Language:English
Published: Academica Brâncuşi 2016-08-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:http://www.utgjiu.ro/revista/ec/pdf/2016-04/25_Dan,%20Buglea.pdf
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author DAN ROXANA LOREDANA
BUGLEA ALEXANDRU
HETEȘ ROXANA
author_facet DAN ROXANA LOREDANA
BUGLEA ALEXANDRU
HETEȘ ROXANA
author_sort DAN ROXANA LOREDANA
collection DOAJ
description Corporate governance represents a set of processes and policies by which a company is administered, controlled and directed to achieve the predetermined management objectives settled by the shareholders. The most important benefits of the corporate governance to the organisations are related to business success, investor confidence and minimisation of wastage. For business, the improved controls and decision-making will aid corporate success as well as growth in revenues and profits. For the investor confidence, corporate governance will mean that investors are more likely to trust that the company is being well run. This will not only make it easier and cheaper for the company to raise finance, but also has a positive effect on the share price. When we talk about the minimisation of wastage we relate to the strong corporate governance that should help to minimise waste within the organisation, as well as the corruption, risks and mismanagement. Thus, in our research, we are trying to determine the common elements, and also, the differences that have occured between two well known models of corporate governance, the traditional Anglo – Saxon model and also, the Islamic model of corporate governance.
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spelling doaj.art-65083dfbd1ff4e659c1f5352cd3a39032022-12-22T02:47:02ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70071844-70072016-08-0114165170COMPARATIVE ANALYSIS BETWEEN THE TRADITIONAL MODEL OF CORPORATE GOVERNANCE AND ISLAMIC MODELDAN ROXANA LOREDANA0BUGLEA ALEXANDRU1HETEȘ ROXANA2FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION WEST UNIVERSITY OF TIMISOARAFACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION WEST UNIVERSITY OF TIMISOARAFACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION WEST UNIVERSITY OF TIMISOARACorporate governance represents a set of processes and policies by which a company is administered, controlled and directed to achieve the predetermined management objectives settled by the shareholders. The most important benefits of the corporate governance to the organisations are related to business success, investor confidence and minimisation of wastage. For business, the improved controls and decision-making will aid corporate success as well as growth in revenues and profits. For the investor confidence, corporate governance will mean that investors are more likely to trust that the company is being well run. This will not only make it easier and cheaper for the company to raise finance, but also has a positive effect on the share price. When we talk about the minimisation of wastage we relate to the strong corporate governance that should help to minimise waste within the organisation, as well as the corruption, risks and mismanagement. Thus, in our research, we are trying to determine the common elements, and also, the differences that have occured between two well known models of corporate governance, the traditional Anglo – Saxon model and also, the Islamic model of corporate governance.http://www.utgjiu.ro/revista/ec/pdf/2016-04/25_Dan,%20Buglea.pdfcorporate governancetraditional model of corporate governanceislamic model of corporate governanceshareholders
spellingShingle DAN ROXANA LOREDANA
BUGLEA ALEXANDRU
HETEȘ ROXANA
COMPARATIVE ANALYSIS BETWEEN THE TRADITIONAL MODEL OF CORPORATE GOVERNANCE AND ISLAMIC MODEL
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
corporate governance
traditional model of corporate governance
islamic model of corporate governance
shareholders
title COMPARATIVE ANALYSIS BETWEEN THE TRADITIONAL MODEL OF CORPORATE GOVERNANCE AND ISLAMIC MODEL
title_full COMPARATIVE ANALYSIS BETWEEN THE TRADITIONAL MODEL OF CORPORATE GOVERNANCE AND ISLAMIC MODEL
title_fullStr COMPARATIVE ANALYSIS BETWEEN THE TRADITIONAL MODEL OF CORPORATE GOVERNANCE AND ISLAMIC MODEL
title_full_unstemmed COMPARATIVE ANALYSIS BETWEEN THE TRADITIONAL MODEL OF CORPORATE GOVERNANCE AND ISLAMIC MODEL
title_short COMPARATIVE ANALYSIS BETWEEN THE TRADITIONAL MODEL OF CORPORATE GOVERNANCE AND ISLAMIC MODEL
title_sort comparative analysis between the traditional model of corporate governance and islamic model
topic corporate governance
traditional model of corporate governance
islamic model of corporate governance
shareholders
url http://www.utgjiu.ro/revista/ec/pdf/2016-04/25_Dan,%20Buglea.pdf
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AT bugleaalexandru comparativeanalysisbetweenthetraditionalmodelofcorporategovernanceandislamicmodel
AT hetesroxana comparativeanalysisbetweenthetraditionalmodelofcorporategovernanceandislamicmodel