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Remedy for One Size Fit to All: A Flexible Corporate Governance Model to Accommodate Sectoral Technicalities

Author

Listed:
  • Abdul Aziz Khan Niazi

    (Institute of Business & Management, University of Engineering and Technology, Lahore, Pakistan)

  • Tehmina Fiaz Qazi

    (Institute of Business & Management, University of Engineering and Technology, Lahore, Pakistan)

  • Abdul Basit

    (Lahore Institute of Science and Technology, Lahore, Pakistan)

Abstract

Asian countries, while on the road to industrialization catch-up, are facing enormous change. Corporate structures in most of these countries follow Anglo-American Corporate Governance (CG) model and that one size is fit to all. The principle one size fit to all ignores corporate/sectoral peculiarities. Contemporary CG models do not address structural adjustments attributable to change. Aim of this study is to address the problem one size fit to all in CG models. This conceptual study advances a flexible CG model to accommodate sectoral technicalities. In fact, Anglo-American CG model has been modified to accommodate the sectoral peculiarities by using elementary concepts of graph theory and drawing. The model is more logical and useful for CG practitioners as compared to contemporary models.

Suggested Citation

  • Abdul Aziz Khan Niazi & Tehmina Fiaz Qazi & Abdul Basit, 2019. "Remedy for One Size Fit to All: A Flexible Corporate Governance Model to Accommodate Sectoral Technicalities," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 8(4), pages 223-229, December.
    • Handle: RePEc:rfh:bbejor:v:8:y:2019:i:4:p:223-229
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    References listed on IDEAS

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    More about this item

    Keywords

    Corporate governance; CG Model; sectoral specialty board; sectoral technicalities;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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