publication . Article . 2015

Corporate Governance in Shareholding Companies: Comparing Legal Perspective and Position of Shari’ah

Aznan, H.; Harith Amir Hasan Al Timimi;
Open Access Arabic
  • Published: 01 Dec 2015 Journal: Global Journal Al-Thaqafah (issn: 2232-0474, eissn: 2232-0482, Copyright policy)
  • Publisher: Universiti Sultan Azlan Shah
Abstract
This study examines the concept of corporate governance in shareholding companies and the legal perspective in comparison with the position of Shari’ah. The purpose of governance is to instil confidence among the stakeholders that the Boards of Directors are applying a diligent legal and administrative framework, to avoid potential administrative and financial failures and corruption. The study has proceeded by defining the concept of governance from linguistics, accounting, administrative, and legal perspectives. The study also discusses the stands of international organisations on the issue of corporate governance. Then, it is proceeded by discussing the conce...
Subjects
free text keywords: Shareholding Companies, Legal Perspective, Shari’ah, Boards of Directors, Governance, International Organisations, Islam. Bahai Faith. Theosophy, etc., BP1-610, Islam, BP1-253
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