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...
Main Authors: | , , |
---|---|
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 |
_version_ | 1811318432870694912 |
---|---|
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. |
first_indexed | 2024-04-13T12:25:11Z |
format | Article |
id | doaj.art-65083dfbd1ff4e659c1f5352cd3a3903 |
institution | Directory Open Access Journal |
issn | 1844-7007 1844-7007 |
language | English |
last_indexed | 2024-04-13T12:25:11Z |
publishDate | 2016-08-01 |
publisher | Academica Brâncuşi |
record_format | Article |
series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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 |
work_keys_str_mv | AT danroxanaloredana comparativeanalysisbetweenthetraditionalmodelofcorporategovernanceandislamicmodel AT bugleaalexandru comparativeanalysisbetweenthetraditionalmodelofcorporategovernanceandislamicmodel AT hetesroxana comparativeanalysisbetweenthetraditionalmodelofcorporategovernanceandislamicmodel |