Corporate governance theories from unconventional perspective

Corporate governance theories, namely the agency theory, stewardship theory and stakeholder theory, have been used in developing the best practices of corporate governance. However, corporate scandals leading to the downfall of financial giants such as Enron and WorldCom in 2003 and the global finan...

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Main Authors: Htay, Sheila Nu Nu, Syed, Ahmed Salman, Mydin Meera, Ahamed Kameel
Format: Conference or Workshop Item
Language:English
English
Published: 2013
Subjects:
Online Access:http://irep.iium.edu.my/30989/
http://irep.iium.edu.my/30989/1/Corporate_Governance_Theory_21_February_2013.docx
http://irep.iium.edu.my/30989/3/Corporate_governance_theories_from_unconventional_perspective_Conference.pdf
id iium-30989
recordtype eprints
spelling iium-309892013-08-02T00:40:11Z http://irep.iium.edu.my/30989/ Corporate governance theories from unconventional perspective Htay, Sheila Nu Nu Syed, Ahmed Salman Mydin Meera, Ahamed Kameel HG1501 Banking Corporate governance theories, namely the agency theory, stewardship theory and stakeholder theory, have been used in developing the best practices of corporate governance. However, corporate scandals leading to the downfall of financial giants such as Enron and WorldCom in 2003 and the global financial crisis of 2008-2009 have revealed serious inadequacies in the effectiveness of corporate governance. Therefore, these governance failures motivate the researchers to revisit and evaluate corporate governance theories from the ethical point of view. The main aim of this study is to propose “The Universal Corporate Governance Theory” which is developed based on the ethical teachings of Christians, Judaism, Islam, Sikh, Hinduism and Buddhism. It is expected that this ethical based theory will be applicable and acceptable for all types of organizations at any space and time. It is also believed that if the top corporate players are molded by this proposed theory, it will bring the social and economic justice what we are dreaming to achieve. 2013 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/30989/1/Corporate_Governance_Theory_21_February_2013.docx application/pdf en http://irep.iium.edu.my/30989/3/Corporate_governance_theories_from_unconventional_perspective_Conference.pdf Htay, Sheila Nu Nu and Syed, Ahmed Salman and Mydin Meera, Ahamed Kameel (2013) Corporate governance theories from unconventional perspective. In: Third Asia-Pacific Business Research Conference, 25-26 Feb 2013, Hotel Istana, Kuala Lumpur. (Unpublished)
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HG1501 Banking
spellingShingle HG1501 Banking
Htay, Sheila Nu Nu
Syed, Ahmed Salman
Mydin Meera, Ahamed Kameel
Corporate governance theories from unconventional perspective
description Corporate governance theories, namely the agency theory, stewardship theory and stakeholder theory, have been used in developing the best practices of corporate governance. However, corporate scandals leading to the downfall of financial giants such as Enron and WorldCom in 2003 and the global financial crisis of 2008-2009 have revealed serious inadequacies in the effectiveness of corporate governance. Therefore, these governance failures motivate the researchers to revisit and evaluate corporate governance theories from the ethical point of view. The main aim of this study is to propose “The Universal Corporate Governance Theory” which is developed based on the ethical teachings of Christians, Judaism, Islam, Sikh, Hinduism and Buddhism. It is expected that this ethical based theory will be applicable and acceptable for all types of organizations at any space and time. It is also believed that if the top corporate players are molded by this proposed theory, it will bring the social and economic justice what we are dreaming to achieve.
format Conference or Workshop Item
author Htay, Sheila Nu Nu
Syed, Ahmed Salman
Mydin Meera, Ahamed Kameel
author_facet Htay, Sheila Nu Nu
Syed, Ahmed Salman
Mydin Meera, Ahamed Kameel
author_sort Htay, Sheila Nu Nu
title Corporate governance theories from unconventional perspective
title_short Corporate governance theories from unconventional perspective
title_full Corporate governance theories from unconventional perspective
title_fullStr Corporate governance theories from unconventional perspective
title_full_unstemmed Corporate governance theories from unconventional perspective
title_sort corporate governance theories from unconventional perspective
publishDate 2013
url http://irep.iium.edu.my/30989/
http://irep.iium.edu.my/30989/1/Corporate_Governance_Theory_21_February_2013.docx
http://irep.iium.edu.my/30989/3/Corporate_governance_theories_from_unconventional_perspective_Conference.pdf
first_indexed 2023-09-18T20:45:14Z
last_indexed 2023-09-18T20:45:14Z
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