Let's move to "Universal corporate governance theory"

• Main Authors: Htay, Sheila Nu Nu, Salman, Syed Ahmad, Mydin Meera, Ahamed Kameel
• Format: Article
• Language: English
• Published: IDOSI Publications 2013
• Subjects: JS Local government Municipal government; KBP2730 Government and administration. Siyāsah. Administrative process
• Online Access: http://irep.iium.edu.my/35575/1/let%27s_move_to.pdf; http://irep.iium.edu.my/35575/; http://www.idosi.org/mejsr/mejsr15%287%2913/18.pdf
• Institution: Universiti Islam Antarabangsa Malaysia

Corporate governance theories, namely the agency theory, stewardship theory and stakeholder theory, have been used in developing the best practices of corporate governance. However, corporate scandals leading to the downfall of financial giants such as Enron and WorldCom in 2003 and the global fi...