scholarly journals INFLUENCE OF CORPORATE GOVERNANCE ON THE LEVEL OF COMPLIANCE TO PROJECT INTERNAL CONTROLS IN UNDP FUNDED PROJECTS

2017 ◽  
Vol 1 (1) ◽  
pp. 32-43
Author(s):  
Jackson Mukiri
Keyword(s):  
Social Sciences ◽  
Corporate Governance ◽  
Qualitative Data ◽  
Computer Software ◽  
Internal Controls ◽  
Governance System ◽  
Interview Schedule ◽  
Statistical Tool ◽  
Quantitative Data Analysis ◽  
The Relationship

Purpose: The purpose of this study was to determine the influence of corporate governance on the level of compliance to project internal controls in UNDP funded projectsMethodology: The study adopted a correlation survey research design. A questionnaire and an interview schedule were the main data collection tools. The preferred statistical tool for quantitative data analysis was Statistical Package for Social Sciences (SPSS) computer software. Qualitative data was analysed using content analysis. The study utilized descriptive and regression analysis to determine the relationship between factors contributing to adherence of internal controls and mechanisms and level of compliance to project internal controls in UNDP funded projects. The population of this study was all the 28 UNDP-Kenya staffsResults: The study findings indicated that the UNDP maintains proper governance system which in turn boosts her adherence to her Project Internal Controls mechanisms.Policy recommendation: The study recommended that Corporate Governance should also be keenly observed while managing NGOs

scholarly journals The relationship between corporate governance and corporate social responsibility

2019 ◽  
Vol 13 (3-4) ◽  
pp. 28-34
Author(s):  
Edit Veres
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Supervisory Board ◽  
Labor Law ◽  
Jel Classification ◽  
Control Mechanisms ◽  
Governance System ◽  
Corporate Social ◽  
The Relationship

Corporate governance (CG) is a corporate governance system for large companies which includes policies and procedures for corporate social responsibility (CSR). The present study examines the relationships between CG and CSR, and analyzes the studies that separate or combine the explanation of the two concepts.CG can be interpreted as the relationship between governors and stakeholders. Angyal (2009) and Auer (2017) agree that the two phenomena coexist and are connected at several points. The goals of the two phenomena are intertwined, compliance with other important requirements (environmental, labor law) besides the primary corporate goal. CG is a system based on the sharing of power and roles between owners, management and boards (board, supervisory board). The roles of ownership, supervision, and control are separated. The division of power means that the boards keep the management under strict control and the owners can account for the boards (Tasi, 2012). According to Tasi (2012), responsible CG involves careful management; financial planning and implementation; control mechanisms for the operation of the company; company transparency and business ethicsissues; publicizing corporate information and corporate social responsibility policies and practices. Angyal (2009) sees that CG and CSR are intertwined “neither intersection, nor intersection, nor parallelism, but coexistence”. (Angel,2009: 14). It does not agree with the incompatibility of corporate governance or corporate governance and social responsibility, in practice the former two are more common. Corporate governance encompasses corporate social responsibility policies, procedures, and can be interpreted as the relationship between governors and stakeholders. The authors of the studies analyzed agree that the two phenomena coexist and are connected at several points. The goals of the two phenomena are intertwined with compliance with other important requirements (environmental, labor law) besides the primary corporate goal. JEL Classification: G30; G39, M14

scholarly journals Upaya Meningkatkan Hasil Belajar Ips Peserta Didik Melalui Penerapan Metode Kerja Kelompok Kelas VII pada SMP PGRI Tumbang Mirah Kecamatan Katingan Tengah

2019 ◽  
Vol 4 (2) ◽  
pp. 1-5
Author(s):  
Sutria Ningsih ◽  
Muhammad Jailani
Keyword(s):  
Social Sciences ◽  
Middle School ◽  
Data Analysis ◽  
Learning Outcomes ◽  
Group Work ◽  
Qualitative Data ◽  
Learning Activities ◽  
Analysis Technique ◽  
Quantitative Data Analysis ◽  
Work Method

This study aims: (1) Increasing the activity of IPS VII grade students in SMP Tumbang Mirah, (2) Knowing the learning outcomes of Social Sciences class VII of PGRI Tumbang Mirah Middle School. The method used by researchers is to use the Classroom Action Research (CAR) design. For data collection techniques used were observation and tests with a population of 30 IPS VII grade students of PGRI Tumbang Mirah Middle School. The data analysis technique used is qualitative data analysis and quantitative data analysis. The results showed that: (1) the learning activities of IPS 7th grade students of SMP Tumbang Mirah using more active Group Work Method Implementation, (2) there was an increase in Accounting learning outcomes of IPS VII grade students of SMP Tumbang Mirah using Application of Group Work Methods which shows Accounting learning outcomes in the first cycle obtained an average of 68.5% with 66.6% classical completeness and in the second cycle an average of 7.8% with 93.3% classical completeness.

The impact of corporate governance on the relationship between earnings management and CEO compensation

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Oheneba Assenso-Okofo ◽  
Muhammad Jahangir Ali ◽  
Kamran Ahmed
Keyword(s):  
Corporate Governance ◽  
Earnings Management ◽  
Ceo Compensation ◽  
Empirical Support ◽  
Vital Role ◽  
Governance System ◽  
Content Type ◽  
Governance Practices ◽  
The Impact ◽  
The Relationship

PurposeThe study examines whether corporate governance moderates the relationship between CEO compensation and earnings management.Design/methodology/approachThe study uses 1,800 firm-year observations from 2005 to 2010 and employ multiple regression analyses and other sensitivity tests.FindingsThe study finds a positive relationship between CEO compensation and earnings management. The study’s results also suggest that CEO bonus compensation increases in relation to earnings management and therefore the study infers that managers may become involved in earnings management to increase their compensation. However, the study finds that the relationship is moderated by a strong corporate governance system which reduces the impact of earnings management on CEO compensation.Research limitations/implicationsThe study is conducted in a specific context, and therefore it may be subject to a set of limitations. The study emphasises exclusively on whether executives manage earnings to increase their compensation. The study does not consider the issue of several other and potentially contradictory motivations here.Practical implicationsThe study’s findings highlight potential implications and offer useful propositions for stakeholders, particularly accounting and corporate governance regulators, to consider. The findings offer a basis for the accounting professions to further discuss and improve accounting standards to provide adequate regulations and monitoring to decrease managerial opportunistic behaviours in earnings manipulations. The findings also emphasise the need for appropriately designed CEO compensation packages in such a manner that improves the manager–shareholder alignment and reduces the information asymmetry problem. The results signify that corporate governance plays a vital role in mitigating the relationship between CEO compensation and earnings management.Originality/valueThis study adds to the existing literature by documenting empirical support on the link between earnings management and CEO compensation against a backdrop of high demand for strong corporate governance practices.

scholarly journals Equity incentives, earnings management and corporate governance: Empirical evidence using UK panel data

2020 ◽  
Vol 17 (2) ◽  
pp. 104-123 ◽  
Author(s):  
Mohamed A. Shabeeb Ali ◽  
Hazem Ramadan Ismael ◽  
Ahmed H. Ahmed
Keyword(s):  
Corporate Governance ◽  
Panel Data ◽  
Earnings Management ◽  
Chief Executive ◽  
Governance Mechanisms ◽  
Governance System ◽  
Data Set ◽  
Equity Incentives ◽  
Corporate Governance Mechanisms ◽  
The Relationship

Using a UK panel data set drawn from 1675 Chief Executive Officer (CEO) year observations and 1540 Chief Financial Officer (CFO) year observations, we examine the relationship between CEO and CFO equity incentives and earnings management. In addition, we examine the moderation effect of corporate governance mechanisms on the relationship between executives’ equity incentives and earnings management. We use multivariate regression models to test our hypotheses. We find that CEO equity incentives are related to higher absolute and income increasing earnings management. These results support the managerial power theory argument that CEOs exploit equity-linked compensation to obtain more personal benefits without causing public anger. Contrary to CEO equity incentives, we could not find any significant relationship between CFO equity incentives and any of the earnings management proxies. In addition, we find that corporate governance quality (measured by individual mechanisms and overall index) has no effect on the relationship between executives’ equity incentives and earnings management. This result indicates that whereas some corporate governance mechanisms can reduce earnings management in general, they do not affect wealth driven incentives to manipulate accruals. In total, results question the effectiveness of the corporate governance system in mitigating opportunistic behavior motivated by executives’ compensation structures

The nexus between corporate governance and records management in private and public hospitals in Ghana

2014 ◽  
Vol 24 (1) ◽  
pp. 32-55 ◽  
Author(s):  
Monica Mensah ◽  
Musah Adams
Keyword(s):  
Corporate Governance ◽  
Information Security ◽  
Good Governance ◽  
Public Hospitals ◽  
Records Management ◽  
Governance System ◽  
Content Type ◽  
Significant Relationships ◽  
Private And Public ◽  
The Relationship

Purpose – The purpose of this paper is to examine the relationship between corporate governance and records management in private and public hospitals in Ghana, with the aim of finding out how the effective and efficient management of a hospital's records can facilitate its governance obligations, which includes but not limited to accountability, transparency and information security. Design/methodology/approach – The study was informed by the triangulation of the Stakeholders' and Records Continuum Theories. Data used for analysis were drawn from 90 respondents from four hospitals with the use of questionnaires and personal observations. A total of 82 questionaries' were returned in their complete forms and used for the analysis. Linear regressions were performed to establish the relationship between corporate governance and records management. Findings – The key finding of the study was that, the hospitals generated different types of records in the course of their business activities but existing records management standards, practices and systems were inadequate and undermined the contribution records could make in support of the governance function in the hospitals. Results of a linear regression also revealed that positive and significant relationships exist between corporate governance and records management. Furthermore, all variables used as predictors of corporate governance had positive and significant relationships with records management except information security. Research limitations/implications – Participants were from four hospitals in only one Region in Ghana, and as such the results could not be generalised to the whole country. Practical implications – The study has established the recognition of the essential but often ignored conditions necessary for an effective and efficient governance system for hospitals. Originality/value – The study has demonstrated that the effective management of hospital records is a critical factor in providing capacity for hospitals' efficiency, accountability, transparency, information security and indeed good governance. This research has also contributed towards bridging the theoretical gap identified in the study.

Corporate governance and internal controls over financial reporting in Ugandan MFIs

2017 ◽  
Vol 7 (3) ◽  
pp. 294-317 ◽  
Author(s):  
Irene Nalukenge ◽  
Ven Tauringana ◽  
Joseph Mpeera Ntayi
Keyword(s):  
Corporate Governance ◽  
Financial Reporting ◽  
Self Regulation ◽  
Ordinary Least Squares ◽  
Internal Controls ◽  
Microfinance Institutions ◽  
Role Performance ◽  
Cross Sectional ◽  
Content Type ◽  
The Relationship

Purpose The purpose of this paper is to investigate the relationship between corporate governance and internal controls over financial reporting (ICFR) of microfinance institutions (MFIs) in Uganda. Design/methodology/approach This study was cross-sectional and correlational. In all, 70 Ugandan MFIs were surveyed and the data were analyzed using SPSS Version 20 to test the nine hypotheses which were put forward. The hypothesized relationships were tested using the ordinary least squares regression. Findings The findings based on multiple regression analysis suggest that board role performance, expertise and Association of Microfinance Institutions in Uganda (AMFIU) membership are significant predictors of the ICFR. However, board independence and separation of CEO and chairman roles are not significant predictors. The results also show that the firm-specific control variables (auditor type, size, accounting qualification and age) are also not significant. Research limitations/implications This study has limitations in that it is cross-sectional, thus limiting monitoring changes in behavior over time and also because the effectiveness of the ICFR was assessed using perceptions. Practical implications Efforts by regulators and other stakeholders to improve the ICFR must focus on the corporate governance aspects such as board expertise and ensure that the board performs its roles. Originality/value The paper adds to the existing literature on the corporate governance and ICFR by documenting the relationship between the corporate governance and ICFR. The study complements the previous studies on the ICFR by demonstrating that board expertise and board role performance improve the ICFR. Such evidence does not currently exist. The findings also indicate that an MFI which is a member of AMFIU was found to have better ICFR supporting self-regulation.

scholarly journals FACTORS AFFECTING THE MARKET VALUE OF THE BANK

2022 ◽  
pp. 41-48
Author(s):  
N. Glinkov
Keyword(s):  
Corporate Governance ◽  
Market Value ◽  
Governance System ◽  
Factors Affecting ◽  
Factors Influencing ◽  
Corporate Governance System ◽  
The Relationship

The factors influencing the market value of the bank are stated. The importance of such a factor in the formation of the bank’s value as the corporate governance system is reflected. The relationship between the level of corporate governance of the bank and its market value is shown. In the context of the corporate governance system, its elements are identified that contribute to increasing the market value of the bank. An approach is proposedfor calculating the premium / discount for the level of efficiency of the corporate governance system when assessing the value of the bank.

scholarly journals CEO TURNOVER AND CORPORATE PERFORMANCE RELATIONSHIP IN PRE- AND POST- IFRS PERIOD: EVIDENCE FROM TURKEY

2012 ◽  
Vol 13 (3) ◽  
pp. 421-442 ◽  
Author(s):  
Banu Durukan ◽  
Serdar Ozkan ◽  
Fatih Dalkilic
Keyword(s):  
Corporate Governance ◽  
Performance Measures ◽  
Corporate Performance ◽  
Ceo Turnover ◽  
Financial Accounting ◽  
Governance System ◽  
Governance Systems ◽  
Corporate Governance System ◽  
The Impact ◽  
The Relationship

This study investigates CEO turnover and corporate performance relationship as a measure of the effectiveness of a corporate governance system. The impact of different financial accounting regimes on the turnover/performance relationship is also analyzed. If systems replace poorly performing managers, they are considered as not ineffective. The results provide evidence that corporate governance systems with poor governance characteristics may not be ineffective, due to the existence of alternative governance mechanisms. The disciplinary CEO turnover is found to be more strongly associated with corporate performance compared to voluntary CEO turnover, whereas in the IFRS subsample the relationship is stronger with contemporaneous performance measures.

scholarly journals Governança corporativa: uma análise da relação entre o turnover da administração e o desempenho

ForScience ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. e00772
Author(s):  
Bárbara Siqueira da Silva ◽  
Danielle Gonçalves Silva ◽  
Bruna Camargo Avelino ◽  
Valéria Gama Fully Bressan
Keyword(s):  
Corporate Governance ◽  
Stock Exchange ◽  
The United States ◽  
Executive Turnover ◽  
Governance System ◽  
Return On Equity ◽  
Developed Economies ◽  
Management Positions ◽  
And Performance ◽  
The Relationship

A governança corporativa é considerada um mecanismo que possui como objetivo o alinhamento entre as ações dos administradores e os interesses dos acionistas. Pesquisas realizadas no final da década de 1980 e início da década de 1990 identificaram que a relação entre a rotatividade dos executivos (turnover) e o desempenho da entidade pode ser considerada uma métrica para avaliar a eficiência de um sistema de governança corporativa. Essa métrica tem sido estudada em economias desenvolvidas, como Estados Unidos, Dinamarca e Japão, mas pouco abordada em países de economia considerada emergente. Diante disso, este estudo teve como objetivo verificar se o desempenho das empresas brasileiras de capital aberto influencia na probabilidade de turnover dos altos cargos da administração, tendo como foco as companhias listadas na B3 no período de 2012 a 2017. A amostra foi constituída por 87 empresas, e o modelo utilizado foi o de regressão logística. Os resultados apontaram coeficientes negativos e significativos para as variáveis Retorno do Patrimônio líquido, Retorno das ações e Propriedade familiar. Dessa forma, pôde-se concluir que o desempenho das companhias está inversamente relacionado à rotatividade dos executivos e que as empresas familiares apresentam menor rotatividade de seus administradores. Palavras-chave: Turnover. Governança corporativa. Desempenho.   Corporate governance: an analysis of the relationship between management turnover and performance Abstract Corporate governance is considered a mechanism that aims to align the actions of the managers with the interests of shareholders. Researches conducted in the late 1980s and early 1990s identified that the relationship between executive turnover and the entity's performance can be considered as a metric to assess the efficiency of a corporate governance system. This metric has been studied in developed economies as the United States, Denmark and Japan, but scarcely addressed in emerging economies. Therefore, this study aimed to verify whether the performance of Brazilian companies influences the probability of turnover of senior management positions, focusing on companies listed on the Brazilian Stock Exchange, from 2012 to 2017. The sample consisted of 87 companies and the analysis was based on logistic regressions. The results showed negative and significant coefficients for the variables Return on Equity, Return on Shares and Family Ownership. Thus, it can be concluded that the performance of companies is inversely related to the turnover of executives, and also that family businesses have lower turnover of their managers. Keywords: Turnover. Corporate governance. Performance.

Self-efficacy and emotional intelligence

2019 ◽  
Vol 25 (1/2) ◽  
pp. 100-119 ◽  
Author(s):  
Janine Black ◽  
Kihwan Kim ◽  
Shanggeun Rhee ◽  
Kai Wang ◽  
Sut Sakchutchawan
Keyword(s):  
Emotional Intelligence ◽  
Team Performance ◽  
Self Efficacy ◽  
Qualitative Data ◽  
Team Cohesion ◽  
Simulation Game ◽  
Content Type ◽  
Team Members ◽  
Quantitative Data Analysis ◽  
The Relationship

PurposeThis study aims to examine empirically the effect of emotional intelligence of the team, as calculated by the average of all team members’ individual emotional intelligence measurements, on the cohesiveness of the team, and the effect of the perception of self-efficacy of the team members on the relationship between emotional intelligence and team cohesion. Finally, certain financial indicators were analyzed to evaluate team performance.Design/methodology/approachThis study used quasi-experimental design. Participated in the experiment a total of 146 students (35 teams) who were senior business major students in the mid-sized university in the USA. In the experiment, the participants played a business simulation game over an eight-year simulated time frame. After the final round of the simulation game, the variables of emotional intelligence, self-efficacy and team cohesion were measured using the survey questionnaire and team performance and participation data were collected from the business simulation game. In the support of the quantitative data analysis, the current study also collected and analyzed qualitative data comments on other group members’ contribution to the group task.FindingsResults indicated that team cohesion was highest when team members demonstrated greater emotional intelligence. Self-efficacy also had a positive influence on team cohesion. High self-efficacy was found to be an important mediator of the relationship between emotional intelligence and team cohesion. High emotional intelligence promoted the development of self-efficacy, resulting in increased team cohesion. Increased team cohesion resulted in improved team performance and participation.Research limitations/implicationsThe current study has several limitations. First, the sample is mostly business major students in the mid-sized university in the USA. There is a limitation in generalizing the findings into other populations. Second, this study accessed information on 35 teams comprising a total of 146 students. While the number of students and teams is sufficient for a study, more data would improve the robustness of the results. Third, this study collected and analyzed cross-sectional data, so there is the possibility for the reversed causal relationship in the findings. Although the authors concluded that team cohesion had a positive impact on team performance and participation, they also found the reverse relationship from the additional analysis. Fourth, the validity of the construct for emotional intelligence has some detractors, mainly because of the subjective nature of the measurement that tends to overlap existing personality measures and the objective measurement which involves a consensual scoring method with poor reliability.Practical implicationsThis paper implies practical strategies to manage teams and team members for enhanced team productivity. Teams are critical resources within companies. This study demonstrates that high team cohesion leads to better team performance. As team cohesion is important for team performance, the authors found that two antecedents for team cohesion are emotional intelligence and self-efficacy within team members. Therefore, it is important for managers to hire and select team members with high levels of emotional intelligence and self-efficacy. Managers can train employees to internalize increased levels of these traits.Originality/valueThe current study demonstrated that self-efficacy mediated emotional intelligence and team cohesion during a research project lasting one semester. There have been few studies examining the mediating effect of self-efficacy on the relationship between emotional intelligence and team cohesion. In particular, unlike many other studies that use short-term laboratory experiments, the duration of this study could provide enough time to more thoroughly develop cohesion among members. The current study collected both quantitative and qualitative data. In addition to the quantitative data analysis, the analysis of qualitative data reinforced the findings of the quantitative data analysis.

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