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Innovative Systems Structure for Real Corporate Governance

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  • Neeta Baporikar

    (Namibia University of Science and Technology, Namibia & SP Pune, University, India)

Abstract

All around the world, trends of globalization and industrialization have been experienced both in the development of large corporations and conglomerates. These larges firms contribute enormously to the socio-economic development of countries. Adopting a systematic literature review method with in-depth content analysis, the paper explores the concept of corporate governance holistically from systems lens and proposes an innovative systems structure-based framework namely Cultural Legal Oriented Value Embedded (CLOVE) for corporate governance to enable better decision making. In this paper, the structure proposed refers to components of culture, legal, orientation, value embeddedness that may be internal or external to the firm and these components are those, which will have a role in undertaking effective corporate governance and wealth creation for shareholders and the firm.

Suggested Citation

  • Neeta Baporikar, 2021. "Innovative Systems Structure for Real Corporate Governance," International Journal of System Dynamics Applications (IJSDA), IGI Global, vol. 10(4), pages 1-20, October.
    • Handle: RePEc:igg:jsda00:v:10:y:2021:i:4:p:1-20
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    References listed on IDEAS

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    1. Brian J. Galli, 2020. "Continuous Technological Improvement Using Systems Engineering Principles to Achieve Sustainability: An Investigation Into Related Literature," International Journal of System Dynamics Applications (IJSDA), IGI Global, vol. 9(3), pages 1-25, July.
    2. Alex Kizito & Agnes Rwashana Semwanga, 2020. "Modeling the Complexity of Road Accidents Prevention: A System Dynamics Approach," International Journal of System Dynamics Applications (IJSDA), IGI Global, vol. 9(2), pages 24-41, April.
    3. Khalid Haseeb & Ahmad Almogren & Naveed Islam & Ikram Ud Din & Zahoor Jan, 2019. "An Energy-Efficient and Secure Routing Protocol for Intrusion Avoidance in IoT-Based WSN," Energies, MDPI, vol. 12(21), pages 1-18, November.
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    Cited by:

    1. R. Reka & A. Manikandan & C. Venkataramanan & R. Madanachitran, 2023. "An energy efficient clustering with enhanced chicken swarm optimization algorithm with adaptive position routing protocol in mobile adhoc network," Telecommunication Systems: Modelling, Analysis, Design and Management, Springer, vol. 84(2), pages 183-202, October.

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