A set of international OECD and ICGN Corporate Governance Standards after financial crisis, Corporate scandals and manipulation - applications for Nigeria and implications for developing countries

• Autorzy: Ngoc Huy Dinh Tran , Thi Thuy Nguyen , Phuong Le Thi My , Dat Pham Minh , Dung Vu Trung , Manh Phan Tien

Identyfikatory

DOI

10.2478/manment-2019-0036

• Języki publikacji: EN

Abstrakty

EN

A statement by ACCA in May 2009 that any corporate governance system should consider factors such as transparency, accountability, fairness and responsibility, raises issues in this field over past few years. There are also a few researches which have been done in the field of international corporate governance standards. This paper chooses a different analytical approach and among its aims is to give some certain systematic conclusions. First, it separates international standards into groups: ICGN and OECD latest principles covered in group 1 while it uses ACCA principles as reference. Second, it identified differences between these above set of standards which are and have been used as reference principles for many countries and organizations. Third, it aims to build a selected comparative set of standards for corporate governance system in accordance to international standards. Last but not least, this paper illustrates some ideas and policy suggestions.

Słowa kluczowe

EN

corporate governance; board structure; code of best practice; financial crisis; corporate scandals; market manipulation; internal audit

PL

ład korporacyjny; struktura zarządu; kodeks dobrych praktyk; kryzys finansowy; skandale korporacyjne; manipulacje rynkowe; audyt wewnętrzny

• Wydawca: University of Zielona Góra, Faculty of Economics and Management
• Czasopismo: Management
• Rocznik: 2020
• Tom: Vol. 24, no. 1
• Strony: 56--80
• Opis fizyczny: Bibliogr. 8 poz., rys., tab.

Twórcy

autor

Ngoc Huy Dinh Tran

• Banking University, HCM city Vietnam
• International University of Japan, Niigata, Japan

autor

Thi Thuy Nguyen

• Thainguyen University, Thai Nguyen, Vietnam

autor

Phuong Le Thi My

• College of Commerce, Da nang, Vietnam

autor

Dat Pham Minh

• Thuongmai University, Hanoi, Vietnam

autor

Dung Vu Trung

• Electronic Faculty, University of Economic and Technical Industries (UNETI), Vietnam

autor

Manh Phan Tien

• Banking Academy of Vietnam

Bibliografia

• 1. Dobre, E., Turlea, C., & Turlea, E. (2015). The Inlfluence of Post Crisis Corporate Governance Practices Upon Financial Audit, Procedias Economics and Finance, 32, 1100-1106. https://doi.org/10.1016/S2212-5671(15)01574-9.
• 2. Erkens, D., H., Hung M., and Pedro M., (2010). Corporate Governance in the 2007-2008 Financial Crisis: Evidence from Financial Institutions Worldwide, ECGI Finance Working Paper, No.249/2009.
• 3. Huy, D.T.N., Tran, D., (2010). A Set of Limited Asian Pacific Corporate Governance Standards After Financial Crisis, Corporate Scandals and Market Manipulation, SSRN Working Paper Series.
• 4. IFRs and US GAPP, Deloitte, 2007.
• 5. Mahdy, E, & Dina, F. (2019). Corporate Governance and the Financial Crisis: What Have We Missed?, Journal of Accounting & Finance, 19(2), 42–55. Available at SSRN: https://ssrn.com/abstract=3365354.
• 6. Mulbert, P. O., (2010). Corporate Governance of Banks after the Financial Crisis - Theory, Evidence, Reforms, ECGI Law Working Paper, No. 130/2009
• 7. OECD Corporate Governance Guidelines, OECD, 1999.
• 8. The Emergency Economic Stabilization Act of 2008.

Uwagi

PL

Opracowanie rekordu ze środków MNiSW, umowa Nr 461252 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2020)