Quantitative Method to Analyze Corporate Governance

Every corporate governance creates a specific corporate culture and a management system. A number of efforts were undertaken by various researchers to measure the nature of organizational culture and corporate management. However, there is a serious problem of objectivity that exists in area of organizational culture research as in any social sciences’ area because of the inherent defects of the sampling methods and statistical inferences. Thus, measurement in social science is only an attempt to obtain some reflections of the truth. However, despite these defects, significant achievements have been made in recent years to design novel methods and models incorporating organizational cultures and their impacts on the company behaviour. Scholars have proposed a large variety of dimensions and attributes of organizational culture. The reason so many dimensions have been proposed is that organizational culture is extremely broad in scope. It implies a complex, interrelated, ambiguous set of factors. No one framework or measurement tool described so far seems to be comprehensive, nor one particular framework or measurement tool can be argued to be right while others are wrong. It is believed that the most appropriate framework and instrument to measure organizational culture should be based on empirical evidence and should be able to integrate most of the dimensions proposed already in the literature…