Corporate governance maturity and its related measurement framework

In the current business environment, an organisation cannot exist without availability of corporate governance. Corporate governance is a system that should be available within an organisation and should be defined and regulated internally. Moreover, it is widely known fact that organisations that d...

Full description

Saved in:
Bibliographic Details
Main Authors: Rehman, Ali, Hashim, Fathyah
Format: Conference or Workshop Item
Language:English
Published: 2018
Subjects:
Online Access:http://repo.uum.edu.my/26063/1/ICAS%202018%2016%2028.pdf
http://repo.uum.edu.my/26063/
http://icas.my/index.php/proceedings/8-icas-2018-proceedings
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uum.repo.26063
record_format eprints
spelling my.uum.repo.260632019-05-21T01:01:54Z http://repo.uum.edu.my/26063/ Corporate governance maturity and its related measurement framework Rehman, Ali Hashim, Fathyah HD28 Management. Industrial Management In the current business environment, an organisation cannot exist without availability of corporate governance. Corporate governance is a system that should be available within an organisation and should be defined and regulated internally. Moreover, it is widely known fact that organisations that demonstrate poor corporate governance end up in making losses. However, good corporate governance also cannot assure the success of organisations. These unsuccessful organisations, although demonstrating good corporate governance, may end up in losses due to fraudulent activities. Robust and stable corporate governance system is required to ensure that organisations will achieve their objectives and expectations of shareholders are met. It is a common expectation of shareholders that the board of directors and organisational management will adopt and implement proper governance practices. However, in order to measure the adoption and implementation; assessment of corporate governance maturity is required. Furthermore, good corporate governance can be considered as broad and inconclusive term unless it is measured to the level of its maturity. Therefore, it can be asserted that the maturity of the corporate governance processes within the organisations needs to be identified and evaluated, which eventually enables assessment of the good corporate governance. The objective of this paper is to develop a corporate governance maturity framework which can be utilized as a measurement tool. The initial corporate governance maturity framework developed is founded on the available and associated literature. Adoption of the framework developed in this paper may enable organisations to measure its governance maturity and also enable them to identify potential gaps between the current strategic objectives and targets. Moreover, this framework may assist organisations in forming their strategies and aligning their performance with organisational goals. 2018 Conference or Workshop Item PeerReviewed application/pdf en http://repo.uum.edu.my/26063/1/ICAS%202018%2016%2028.pdf Rehman, Ali and Hashim, Fathyah (2018) Corporate governance maturity and its related measurement framework. In: 5th International Conference on Accounting Studies (ICAS 2018), 16-17 October 2018, Penang, Malaysia. http://icas.my/index.php/proceedings/8-icas-2018-proceedings
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Rehman, Ali
Hashim, Fathyah
Corporate governance maturity and its related measurement framework
description In the current business environment, an organisation cannot exist without availability of corporate governance. Corporate governance is a system that should be available within an organisation and should be defined and regulated internally. Moreover, it is widely known fact that organisations that demonstrate poor corporate governance end up in making losses. However, good corporate governance also cannot assure the success of organisations. These unsuccessful organisations, although demonstrating good corporate governance, may end up in losses due to fraudulent activities. Robust and stable corporate governance system is required to ensure that organisations will achieve their objectives and expectations of shareholders are met. It is a common expectation of shareholders that the board of directors and organisational management will adopt and implement proper governance practices. However, in order to measure the adoption and implementation; assessment of corporate governance maturity is required. Furthermore, good corporate governance can be considered as broad and inconclusive term unless it is measured to the level of its maturity. Therefore, it can be asserted that the maturity of the corporate governance processes within the organisations needs to be identified and evaluated, which eventually enables assessment of the good corporate governance. The objective of this paper is to develop a corporate governance maturity framework which can be utilized as a measurement tool. The initial corporate governance maturity framework developed is founded on the available and associated literature. Adoption of the framework developed in this paper may enable organisations to measure its governance maturity and also enable them to identify potential gaps between the current strategic objectives and targets. Moreover, this framework may assist organisations in forming their strategies and aligning their performance with organisational goals.
format Conference or Workshop Item
author Rehman, Ali
Hashim, Fathyah
author_facet Rehman, Ali
Hashim, Fathyah
author_sort Rehman, Ali
title Corporate governance maturity and its related measurement framework
title_short Corporate governance maturity and its related measurement framework
title_full Corporate governance maturity and its related measurement framework
title_fullStr Corporate governance maturity and its related measurement framework
title_full_unstemmed Corporate governance maturity and its related measurement framework
title_sort corporate governance maturity and its related measurement framework
publishDate 2018
url http://repo.uum.edu.my/26063/1/ICAS%202018%2016%2028.pdf
http://repo.uum.edu.my/26063/
http://icas.my/index.php/proceedings/8-icas-2018-proceedings
_version_ 1644284496295493632
score 13.144533