IDEAS home Printed from https://ideas.repec.org/a/ers/ijebaa/vxy2022i4p73-81.html
   My bibliography  Save this article

Corporate Governance in Need of Reforms: What Areas of the System Should Be Reformed First and How?

Author

Listed:
  • John E.H.J. FoEh
  • Diah Ayu Permatasari
  • Jhonni Sinaga

Abstract

Purpose: The aim of this article is to examine the need for posible chaanges in Corporate Governance. Design/methodology/approach: With the advent of technology, the ease of doing business is exponentially rising day by day. After experiencing the industrial revolution centuries ago, the world has been obsessed with it ever since and there is never a looking back but only moving forward, almost at the speed of a bullet train. With the ease of doing business, particularly in all and every field, the whole concept of industries, investors, proprietorships, negotiations, trade, marketing, almost every key element of a business corporation has evolved and is still evolving with changing times and changing needs. Findings: We all know and can agree that change is the only constant in life, and the sooner we adapt to the changes around us, the better and easier it will be for us to keep ourselves updated and advanced. Practical inplemantation: The study will keep us in a sink with this rapidly enhancing globe regarding corporate governance. Originality value: With every little change, comes a few setbacks that need immediate or subtle fixing depending upon their intensity.

Suggested Citation

  • John E.H.J. FoEh & Diah Ayu Permatasari & Jhonni Sinaga, 2022. "Corporate Governance in Need of Reforms: What Areas of the System Should Be Reformed First and How?," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 73-81.
    • Handle: RePEc:ers:ijebaa:v:x:y:2022:i:4:p:73-81
    as

    Download full text from publisher

    File URL: https://ijeba.com/journal/788/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bhagat, Sanjai & Bolton, Brian, 2008. "Corporate governance and firm performance," Journal of Corporate Finance, Elsevier, vol. 14(3), pages 257-273, June.
    2. Daniel Ferreira & Jin Li & Radoslawa Nikolowa, 2019. "Corporate Capture of Blockchain Governance," Working Papers 880, Queen Mary University of London, School of Economics and Finance.
    3. Gillan, Stuart L., 2006. "Recent Developments in Corporate Governance: An Overview," Journal of Corporate Finance, Elsevier, vol. 12(3), pages 381-402, June.
    4. Lin, Lili, 2019. "Corporate Governance and Liquidity Risk of Starbucks Company," MPRA Paper 97230, University Library of Munich, Germany, revised 18 Nov 2019.
    5. Stijn Claessens, 2006. "Corporate Governance and Development," The World Bank Research Observer, World Bank, vol. 21(1), pages 91-122.
    6. Roe, Mark J., 2006. "Political Determinants of Corporate Governance: Political Context, Corporate Impact," OUP Catalogue, Oxford University Press, number 9780199205301, Decembrie.
    7. Jayasuriya Mahapatabendige Ruwani Fernando & Leon Li & Yang (Greg) Hou, 2019. "Corporate governance and default prediction: a reality test," Applied Economics, Taylor & Francis Journals, vol. 51(24), pages 2669-2686, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Emmanuel Anyigbah & Yusheng Kong & Bless Kofi Edziah & Ahotovi Thomas Ahoto & Wilhelmina Seyome Ahiaku, 2023. "Board Characteristics and Corporate Sustainability Reporting: Evidence from Chinese Listed Companies," Sustainability, MDPI, vol. 15(4), pages 1-26, February.
    2. Archana Saxena & Rajesh Singh & Anita Gehlot & Shaik Vaseem Akram & Bhekisipho Twala & Aman Singh & Elisabeth Caro Montero & Neeraj Priyadarshi, 2022. "Technologies Empowered Environmental, Social, and Governance (ESG): An Industry 4.0 Landscape," Sustainability, MDPI, vol. 15(1), pages 1-17, December.
    3. Sonia Yasin & Muhammad Irfan & Muhammad Shaukat Malik & Fasiha Nargis, 2022. "The Relationship between Executive Remuneration and Organizations Efficiency," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(3), pages 59-70, December.
    4. Thong, Lik Hong, 2019. "A discussion on performance risk of Dunkin's Brand," MPRA Paper 97266, University Library of Munich, Germany, revised 30 Nov 2019.
    5. Fahad Asghar & Palwasha Farooq & Muhammad Nadim & Zain ul Abidin & Fazli Wadood, 2023. "Global Financial Crisis: A critical study on Role of Auditor’s and Stakeholder," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 9(2), pages 452-458.
    6. Quang Linh Huynh & Mohammad Enamul Hoque & Perengki Susanto & Waqas Ahmad Watto & Maryam Ashraf, 2022. "Does Financial Leverage Mediates Corporate Governance and Firm Performance?," Sustainability, MDPI, vol. 14(20), pages 1-20, October.
    7. Dongshu Jiang & ZhiXing Ni & Yuxiu Chen & Xue Chen & Chaohong Na, 2022. "Influence of Financial Shared Services on the Corporate Debt Cost under Digitalization," Sustainability, MDPI, vol. 15(1), pages 1-17, December.
    8. Yik Fen, Yvonne P'ng, 2019. "Tobin’s Q and its Determinants: A study on Huawei Technologies Co., Ltd," MPRA Paper 93894, University Library of Munich, Germany.
    9. Naeem Tabassum & Satwinder Singh, 2020. "Corporate Governance and Organisational Performance," Springer Books, Springer, number 978-3-030-48527-6, December.
    10. Ammari, Aymen & Bouteska, Ahmed & Regaieg, Boutheina, 2016. "CEO Entrenchment and Performance: New Evidence Using Nonlinear Principal Component Analysis," MPRA Paper 75529, University Library of Munich, Germany.
    11. Fu, Yishu, 2019. "The value of corporate governance: Evidence from the Chinese anti-corruption campaign," The North American Journal of Economics and Finance, Elsevier, vol. 47(C), pages 461-476.
    12. Nguyen Van Tuan & Nguyen Anh Tuan, 2016. "Corporate Governance Structures And Performance Of Firms In Asian Markets: A Comparative Analysis Between Singapore And Vietnam," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 7(2).
    13. Yaseen Al-Janadi, 2021. "Ownership Structure and Firm Performance in the Middle East: A Meta-Analysis," JRFM, MDPI, vol. 14(12), pages 1-23, December.
    14. Muniandy, Balachandran & Hillier, John, 2015. "Board independence, investment opportunity set and performance of South African firms," Pacific-Basin Finance Journal, Elsevier, vol. 35(PA), pages 108-124.
    15. Paolo Roffia & Virginia Simón-Moya & Javier Sendra García, 2022. "Board of director attributes: effects on financial performance in SMEs," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1141-1172, September.
    16. Tan, Monica & Liu, Bin, 2016. "CEO's managerial power, board committee memberships and idiosyncratic volatility," International Review of Financial Analysis, Elsevier, vol. 48(C), pages 21-30.
    17. Gibson Hosea Munisi & Roy Mersland, 2016. "Ownership, Board Compensation and Company Performance in Sub-Saharan African Countries," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 15(2), pages 191-224, August.
    18. Manjit Kaur Sidhu & Parmjit Kaur, 2019. "Effect of corporate governance on stock market liquidity: empirical evidence from Indian companies," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 46(3), pages 197-218, September.
    19. Sanja Pekovic & Sebastian Vogt, 2021. "The fit between corporate social responsibility and corporate governance: the impact on a firm’s financial performance," Review of Managerial Science, Springer, vol. 15(4), pages 1095-1125, May.
    20. Muniandy, Puspa & Tanewski, George & Johl, Shireenjit K., 2016. "Institutional investors in Australia: Do they play a homogenous monitoring role?," Pacific-Basin Finance Journal, Elsevier, vol. 40(PB), pages 266-288.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:ijebaa:v:x:y:2022:i:4:p:73-81. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ijeba.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.