Corporate governance: Exploring the changing governance control paradigm and its implications for internal auditing
Agency theory underpins the concept of governance and the role of internal auditing. Recent studies question both the legitimacy and practicality of an agency oriented governance paradigm in determining an organization’s control paradigm, arguing instead for a multi-theoretical approach to governanc...
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| Format: | Conference Paper |
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LaTrobe University
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/30795 |
| _version_ | 1848753192070807552 |
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| author | Christopher, Joseph |
| author2 | Balasingham Balachandran |
| author_facet | Balasingham Balachandran Christopher, Joseph |
| author_sort | Christopher, Joseph |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Agency theory underpins the concept of governance and the role of internal auditing. Recent studies question both the legitimacy and practicality of an agency oriented governance paradigm in determining an organization’s control paradigm, arguing instead for a multi-theoretical approach to governance. This study explores this multi-theoretical proposition with a number of public universities throughout the world using a multiple case study approach to illustrate the concept of the changing control paradigm and its implications for internal auditing. The findings illustrates that the governance of public universities are informed by multiple theories and suggests that the theoretical foundation of internal audit should now also be aligned with a multi-theoretical approach to governance to achieve its role of enhancing governance. The study provides opportunities for further research with other industry sectors to explore the findings that have policy implications for redefining the governance control paradigm and theoretical foundations of control monitoring functions such as internal audit. |
| first_indexed | 2025-11-14T08:20:36Z |
| format | Conference Paper |
| id | curtin-20.500.11937-30795 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:20:36Z |
| publishDate | 2012 |
| publisher | LaTrobe University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-307952023-02-07T08:01:19Z Corporate governance: Exploring the changing governance control paradigm and its implications for internal auditing Christopher, Joseph Balasingham Balachandran Agency theory underpins the concept of governance and the role of internal auditing. Recent studies question both the legitimacy and practicality of an agency oriented governance paradigm in determining an organization’s control paradigm, arguing instead for a multi-theoretical approach to governance. This study explores this multi-theoretical proposition with a number of public universities throughout the world using a multiple case study approach to illustrate the concept of the changing control paradigm and its implications for internal auditing. The findings illustrates that the governance of public universities are informed by multiple theories and suggests that the theoretical foundation of internal audit should now also be aligned with a multi-theoretical approach to governance to achieve its role of enhancing governance. The study provides opportunities for further research with other industry sectors to explore the findings that have policy implications for redefining the governance control paradigm and theoretical foundations of control monitoring functions such as internal audit. 2012 Conference Paper http://hdl.handle.net/20.500.11937/30795 10.2139/ssrn.1980050 LaTrobe University restricted |
| spellingShingle | Christopher, Joseph Corporate governance: Exploring the changing governance control paradigm and its implications for internal auditing |
| title | Corporate governance: Exploring the changing governance control paradigm and its implications for internal auditing |
| title_full | Corporate governance: Exploring the changing governance control paradigm and its implications for internal auditing |
| title_fullStr | Corporate governance: Exploring the changing governance control paradigm and its implications for internal auditing |
| title_full_unstemmed | Corporate governance: Exploring the changing governance control paradigm and its implications for internal auditing |
| title_short | Corporate governance: Exploring the changing governance control paradigm and its implications for internal auditing |
| title_sort | corporate governance: exploring the changing governance control paradigm and its implications for internal auditing |
| url | http://hdl.handle.net/20.500.11937/30795 |