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IS CORPORATE GOVERNANCE EFFECTIVE IN KAZAKHSTAN

marzo 10, 2021

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Sinopsis de IS CORPORATE GOVERNANCE EFFECTIVE IN KAZAKHSTAN

ISBN: 9783668748552 Géneros: KJM Sinópsis: Masters Thesis from the year 2013 in the subject Business economics Business Management Corporate Governance grade 61 University of Sheffield Management course Accounting and Finance language English abstract The loud corporate failures have seriously shaken the public belief in modern corporate system and challenge the arguments of agency theorists While modern corporate system in the developed economies has been built for centuries the issues stemming of separation of ownership and control threaten to become considerable for posttransitional countries This dissertation aims is to assess the effectiveness of corporate governance mechanisms in Kazakhstan Taking the agency perspective the assessment is carried out by examining the management turnover performance relationship in 73 Kazakh firms listed on Kazakhstan Stock Exchange for the period of 20112013 The negative association between past performance of firms and management turnover was found significant at borderline line of 5 level which cannot be interpreted as evidence of strong relationship
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