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FEATURES OF CORPORATE GOVERNANCE IN ISLAMIC FINANCIAL INSTITUTIONS

Abstract

The article discusses the main principles of Islamic corporate governance. The distinctive characteristics of corporate governance in comparing with western concept are disclosed. The main elements of corporate governance in the context of epistemological approach, corporate objectives, the nature of management and corporate governance are presented.

About the Author

E. Khasyanova
НОУ «Московская международная высшая школа бизнеса «МИРБИС»
Russian Federation


References

1. Choudury, M. An Advanced Exposition of Islamic Economics and Finance / M. Choudury, M. Hoque. - New York : Edward Mellen Press, 2004. - 308 p.

2. Iqbal, Z. Stakeholders Model of Governance in Islamic Economic System / Z. Iqbal, A. Mirakhor // Islamic Economic Studies. - 2004. - Vol. 11. - № 2. - P. 43-63.

3. Wafik, G. Corporate Governance and Shariah Compliance in Institutions Offering Islamic Financial Services / G. Wafik, M. Pellegrini // World Bank Policy Research Working Paper. - 2006. - № 4054. - P. 1-44.

4. Zulkifli, H. Corporate Governance: Western and Islamic Perspectives / H. Zulkifli // International Review of Business Research Papers. - 2009. - Vol. 5. - № 1. - P. 277-293.


Review

For citations:


Khasyanova E. FEATURES OF CORPORATE GOVERNANCE IN ISLAMIC FINANCIAL INSTITUTIONS. Vestnik Universiteta. 2016;(1):39-42. (In Russ.)

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ISSN 1816-4277 (Print)
ISSN 2686-8415 (Online)