Corporate governance from the civil law and syariah perspectives; An appraisal

Bibliographic Details
Format: Restricted Document
_version_ 1860799556291133440
building INTELEK Repository
collection Online Access
collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2019-01-01 10:37:42
eventvenue UNISZA
format Restricted Document
id 6462
institution UniSZA
originalfilename 1378-01-FH03-FUHA-19-22902.pdf
person PDFium
recordtype oai_dc
resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6462
spelling 6462 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6462 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper application/pdf 3 Adobe Acrobat Pro DC 20 Paper Capture Plug-in 1.7 PDFium 2019-01-01 10:37:42 1378-01-FH03-FUHA-19-22902.pdf UniSZA Private Access Corporate governance from the civil law and syariah perspectives; An appraisal Under the civil law, corporate governance is one key element in improving economic efficiency and growth as well as enhancing investor confidence. It involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance is basically the moral and ethical dimensions of managing a company’s business and there are three underlying principles of corporate governance, namely accountability, transparency and trustworthiness. In Syariah, the concept of corporation is not similar to the Civil law as the business structures are based on the musyarakah (partnership) concept. Nonetheless, it is observed that the principles emphasized under civil law corporate governance such as accountability, transparency and trustworthiness are not new under the Syariah. It is also observed the structure of board and good decision making which are emphasized in corporate governance are akin to the practice of Syura (consultation) and Hisba (accountability) in Syariah. This paper discusses and analyzes the concept of corporate governance from both the Civil law and Syariah. Research methodologies adopted in this paper are doctrinal and statutory analysis. INTERNATIONAL CONFERENCE ON LAW AND GLOBALISATION 2018 UNISZA
spellingShingle Corporate governance from the civil law and syariah perspectives; An appraisal
summary Under the civil law, corporate governance is one key element in improving economic efficiency and growth as well as enhancing investor confidence. It involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance is basically the moral and ethical dimensions of managing a company’s business and there are three underlying principles of corporate governance, namely accountability, transparency and trustworthiness. In Syariah, the concept of corporation is not similar to the Civil law as the business structures are based on the musyarakah (partnership) concept. Nonetheless, it is observed that the principles emphasized under civil law corporate governance such as accountability, transparency and trustworthiness are not new under the Syariah. It is also observed the structure of board and good decision making which are emphasized in corporate governance are akin to the practice of Syura (consultation) and Hisba (accountability) in Syariah. This paper discusses and analyzes the concept of corporate governance from both the Civil law and Syariah. Research methodologies adopted in this paper are doctrinal and statutory analysis.
title Corporate governance from the civil law and syariah perspectives; An appraisal
title_full Corporate governance from the civil law and syariah perspectives; An appraisal
title_fullStr Corporate governance from the civil law and syariah perspectives; An appraisal
title_full_unstemmed Corporate governance from the civil law and syariah perspectives; An appraisal
title_short Corporate governance from the civil law and syariah perspectives; An appraisal
title_sort corporate governance from the civil law and syariah perspectives; an appraisal