Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework
There is a need for consistency in the aim of the Iraqi government to attract more foreign investors into Iraq for the purpose of stimulating economic growth and development through sound corporate governance practice.This study is grounded on the review of past literatures based on which the propo...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Everant Publishers Pvt Ltd
2017
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/23652/1/AFMJ%202%2011%202017%201132%201146.pdf |
| _version_ | 1825804962227027968 |
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| author | Talab, Hassnain Raghib Abdul Manaf, Kamarul Bahrain Abdul Malak, Siti Seri Delima |
| author_facet | Talab, Hassnain Raghib Abdul Manaf, Kamarul Bahrain Abdul Malak, Siti Seri Delima |
| author_sort | Talab, Hassnain Raghib |
| collection | UUM |
| description | There is a need for consistency in the aim of the Iraqi government to attract more foreign investors into Iraq for the purpose of stimulating
economic growth and development through sound corporate governance practice.This study is grounded on the review of past literatures based on which the proposed conceptual framework was developed and discussed.The relationship between corporate governance mechanisms and firm
performance is validated and established via extant scholarly researches.This conceptual study therefore proposed a corporate governance model
for the enhancement of the Iraqi listed companies’ performance.The model is aimed to resolve the lingering problem of poor firm performance
via the various identified internal and external corporate governance mechanisms which reflect the economic and reporting climate of Iraq.This model can be subjected to empirical validation via the collection and analysis of relevant data.The proposed conceptual framework creates a case for both policy makers and management of listed companies in Iraq on the significance of sound corporate governance.The proposed conceptual framework is unique and comprehensive compared to the few studies on corporate governance that emanated from Iraq. In this paper, internal audit function establishment and the training of internal audit department staff are proposed to serve as internal monitoring mechanisms.Through the two mechanisms, Iraqi listed company’s performance can be enhanced. |
| first_indexed | 2024-07-04T06:24:11Z |
| format | Article |
| id | uum-23652 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:24:11Z |
| publishDate | 2017 |
| publisher | Everant Publishers Pvt Ltd |
| record_format | eprints |
| spelling | uum-236522018-03-15T01:35:10Z https://repo.uum.edu.my/id/eprint/23652/ Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework Talab, Hassnain Raghib Abdul Manaf, Kamarul Bahrain Abdul Malak, Siti Seri Delima HD28 Management. Industrial Management There is a need for consistency in the aim of the Iraqi government to attract more foreign investors into Iraq for the purpose of stimulating economic growth and development through sound corporate governance practice.This study is grounded on the review of past literatures based on which the proposed conceptual framework was developed and discussed.The relationship between corporate governance mechanisms and firm performance is validated and established via extant scholarly researches.This conceptual study therefore proposed a corporate governance model for the enhancement of the Iraqi listed companies’ performance.The model is aimed to resolve the lingering problem of poor firm performance via the various identified internal and external corporate governance mechanisms which reflect the economic and reporting climate of Iraq.This model can be subjected to empirical validation via the collection and analysis of relevant data.The proposed conceptual framework creates a case for both policy makers and management of listed companies in Iraq on the significance of sound corporate governance.The proposed conceptual framework is unique and comprehensive compared to the few studies on corporate governance that emanated from Iraq. In this paper, internal audit function establishment and the training of internal audit department staff are proposed to serve as internal monitoring mechanisms.Through the two mechanisms, Iraqi listed company’s performance can be enhanced. Everant Publishers Pvt Ltd 2017 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/23652/1/AFMJ%202%2011%202017%201132%201146.pdf Talab, Hassnain Raghib and Abdul Manaf, Kamarul Bahrain and Abdul Malak, Siti Seri Delima (2017) Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework. Account and Financial Management Journal, 2 (11). pp. 1132-1146. ISSN 2456-3374 http://everant.org/index.php/afmj-archive/140-volume-2-issue-11-november-2017 |
| spellingShingle | HD28 Management. Industrial Management Talab, Hassnain Raghib Abdul Manaf, Kamarul Bahrain Abdul Malak, Siti Seri Delima Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework |
| title | Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework |
| title_full | Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework |
| title_fullStr | Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework |
| title_full_unstemmed | Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework |
| title_short | Corporate Governance Mechanisms and Firm Performance in Iraq: A Conceptual Framework |
| title_sort | corporate governance mechanisms and firm performance in iraq a conceptual framework |
| topic | HD28 Management. Industrial Management |
| url | https://repo.uum.edu.my/id/eprint/23652/1/AFMJ%202%2011%202017%201132%201146.pdf |
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