The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking
Purpose: In relation to the critical problem, this paper aims to present an understanding of the agency theory and the stakeholder theory from the perspective of the Islamic principles.Indeed, a thorough examination of the theoretical background explaining corporate governance from the Islamic persp...
| Үндсэн зохиолчид: | , |
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| Формат: | Өгүүллэг |
| Хэл сонгох: | English |
| Хэвлэсэн: |
Emerald Group Publishing Limited
2017
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| Нөхцлүүд: | |
| Онлайн хандалт: | https://repo.uum.edu.my/id/eprint/21986/1/H%2033%201%202017%2075%2083.pdf |
| _version_ | 1825804662615310336 |
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| author | Mohammed, Sulaiman Abdullah Saif Muhammed, Joriah |
| author_facet | Mohammed, Sulaiman Abdullah Saif Muhammed, Joriah |
| author_sort | Mohammed, Sulaiman Abdullah Saif |
| collection | UUM |
| description | Purpose: In relation to the critical problem, this paper aims to present an understanding of the agency theory and the stakeholder theory from the perspective of the Islamic principles.Indeed, a thorough examination of the theoretical background explaining corporate governance from the Islamic perspective is necessary to conduct research analyzing corporate governance in Islamic banks. Design/methodology/approach: The authors followed a critical review discussion; this method takes into consideration presenting important theories and comparing those theories with Islamic perspective. Findings: The authors presented important arguments on the difference between ordinary theories to explaining corporate governance and Islamic perspective.The paper browsed into whether the Shariah Supervisory Board is a fit with the agency theory by explaining the agency theory and how it differs from the Islamic banking concepts.The paper involved an analytical review on stakeholder theory and presented a critique and the rationale as to why there is ample room for the Shariah Supervisory Board to be considered a fit with the stakeholder theory, as the Shariah Supervisory Board is an independent body influencing the firm.Originality/value: The paper is of important value to those conducting research in the area of governance in Islamic banks; they may find it beneficial in terms of underlining theory building their research framework. |
| first_indexed | 2024-07-04T06:19:20Z |
| format | Article |
| id | uum-21986 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:19:20Z |
| publishDate | 2017 |
| publisher | Emerald Group Publishing Limited |
| record_format | eprints |
| spelling | uum-219862017-05-08T00:54:23Z https://repo.uum.edu.my/id/eprint/21986/ The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking Mohammed, Sulaiman Abdullah Saif Muhammed, Joriah HG Finance Purpose: In relation to the critical problem, this paper aims to present an understanding of the agency theory and the stakeholder theory from the perspective of the Islamic principles.Indeed, a thorough examination of the theoretical background explaining corporate governance from the Islamic perspective is necessary to conduct research analyzing corporate governance in Islamic banks. Design/methodology/approach: The authors followed a critical review discussion; this method takes into consideration presenting important theories and comparing those theories with Islamic perspective. Findings: The authors presented important arguments on the difference between ordinary theories to explaining corporate governance and Islamic perspective.The paper browsed into whether the Shariah Supervisory Board is a fit with the agency theory by explaining the agency theory and how it differs from the Islamic banking concepts.The paper involved an analytical review on stakeholder theory and presented a critique and the rationale as to why there is ample room for the Shariah Supervisory Board to be considered a fit with the stakeholder theory, as the Shariah Supervisory Board is an independent body influencing the firm.Originality/value: The paper is of important value to those conducting research in the area of governance in Islamic banks; they may find it beneficial in terms of underlining theory building their research framework. Emerald Group Publishing Limited 2017 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/21986/1/H%2033%201%202017%2075%2083.pdf Mohammed, Sulaiman Abdullah Saif and Muhammed, Joriah (2017) The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking. Humanomics, 33 (1). pp. 75-83. ISSN 0828-8666 http://doi.org/10.1108/H-08-2016-0062 doi:10.1108/H-08-2016-0062 doi:10.1108/H-08-2016-0062 |
| spellingShingle | HG Finance Mohammed, Sulaiman Abdullah Saif Muhammed, Joriah The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking |
| title | The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking |
| title_full | The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking |
| title_fullStr | The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking |
| title_full_unstemmed | The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking |
| title_short | The relationship between agency theory, stakeholder theory and Shariah supervisory board in Islamic banking |
| title_sort | relationship between agency theory stakeholder theory and shariah supervisory board in islamic banking |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/21986/1/H%2033%201%202017%2075%2083.pdf |
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