An overview of corporate governance models in financial institutions
The paper illustrates the models of corporate governance in the aspects of its definition, nature of management and objectives along with its roles, regulation and power of various stakeholders in ensuring the accountability and the protection of the rights of various stakeholders from conventional...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Conscientia Beam LLC
2019
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| Online Access: | http://psasir.upm.edu.my/id/eprint/80622/ http://psasir.upm.edu.my/id/eprint/80622/1/CORPORATE.pdf |
| _version_ | 1848858926559264768 |
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| author | Alam, Md Kausar Ab Rahman, Suhaimi Mustafa, Hasri Mohammed Shah, Sabarina Rahman, Md. Mizanur |
| author_facet | Alam, Md Kausar Ab Rahman, Suhaimi Mustafa, Hasri Mohammed Shah, Sabarina Rahman, Md. Mizanur |
| author_sort | Alam, Md Kausar |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | The paper illustrates the models of corporate governance in the aspects of its definition, nature of management and objectives along with its roles, regulation and power of various stakeholders in ensuring the accountability and the protection of the rights of various stakeholders from conventional and Islamic perspectives. These models are different in their characteristics, nature, culture, costume, epistemology, and country’s rules and regulation. However, the conventional models highlight the roles of shareholders, stakeholders, depositors, institutions, investors, and communities from the perspective of the nation’s demand and cultures. In contrast, the Islamic model of corporate governance consists of some roles and responsibilities such as the responsibilities to suppliers, customers, investment account holders, shareholders, management, the board of directors, competitors, Shariah supervisory boards, societies, and the employees from its spiritual and social commitments. Through the critical analysis of these models of corporate governance is deemed to help the empirical research on corporate governance model and develop a certain model of Islamic corporate governance. However, the paper may help to give a simple understanding of the corporate governance models in both the conventional and Islamic perspectives of financial institutions. |
| first_indexed | 2025-11-15T12:21:12Z |
| format | Article |
| id | upm-80622 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T12:21:12Z |
| publishDate | 2019 |
| publisher | Conscientia Beam LLC |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-806222020-11-05T18:54:10Z http://psasir.upm.edu.my/id/eprint/80622/ An overview of corporate governance models in financial institutions Alam, Md Kausar Ab Rahman, Suhaimi Mustafa, Hasri Mohammed Shah, Sabarina Rahman, Md. Mizanur The paper illustrates the models of corporate governance in the aspects of its definition, nature of management and objectives along with its roles, regulation and power of various stakeholders in ensuring the accountability and the protection of the rights of various stakeholders from conventional and Islamic perspectives. These models are different in their characteristics, nature, culture, costume, epistemology, and country’s rules and regulation. However, the conventional models highlight the roles of shareholders, stakeholders, depositors, institutions, investors, and communities from the perspective of the nation’s demand and cultures. In contrast, the Islamic model of corporate governance consists of some roles and responsibilities such as the responsibilities to suppliers, customers, investment account holders, shareholders, management, the board of directors, competitors, Shariah supervisory boards, societies, and the employees from its spiritual and social commitments. Through the critical analysis of these models of corporate governance is deemed to help the empirical research on corporate governance model and develop a certain model of Islamic corporate governance. However, the paper may help to give a simple understanding of the corporate governance models in both the conventional and Islamic perspectives of financial institutions. Conscientia Beam LLC 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/80622/1/CORPORATE.pdf Alam, Md Kausar and Ab Rahman, Suhaimi and Mustafa, Hasri and Mohammed Shah, Sabarina and Rahman, Md. Mizanur (2019) An overview of corporate governance models in financial institutions. International Journal of Management and Sustainability, 8 (4). pp. 181-195. ISSN 2306-9856; ESSN: 2306-0662 https://econpapers.repec.org/article/pkpijomas/2019_3ap_3a181-195.htm 10.18488/journal.11.2019.84.181.195 |
| spellingShingle | Alam, Md Kausar Ab Rahman, Suhaimi Mustafa, Hasri Mohammed Shah, Sabarina Rahman, Md. Mizanur An overview of corporate governance models in financial institutions |
| title | An overview of corporate governance models in financial institutions |
| title_full | An overview of corporate governance models in financial institutions |
| title_fullStr | An overview of corporate governance models in financial institutions |
| title_full_unstemmed | An overview of corporate governance models in financial institutions |
| title_short | An overview of corporate governance models in financial institutions |
| title_sort | overview of corporate governance models in financial institutions |
| url | http://psasir.upm.edu.my/id/eprint/80622/ http://psasir.upm.edu.my/id/eprint/80622/ http://psasir.upm.edu.my/id/eprint/80622/ http://psasir.upm.edu.my/id/eprint/80622/1/CORPORATE.pdf |