AUGMENTING CORPORATE GOVERNANCE THROUGH SYSTEM DYNAMICS

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Mridula Sahay ORCID logo, Kuldeep Kumar ORCID logo

https://doi.org/10.22495/cocv13i1c9p8

Abstract

The paper aims to augment good corporate governance as a whole with the efficiency and effectiveness of system dynamics via a system dynamics model. The majority of study of corporate governance focus on financial issue, ownership, agency theory etc. rather than analyzing the relation of all aspects associated to corporate governance system as a whole. This study aims to address this gap by focusing on corporate governance in a holistic manner. The value is determined as two-fold: i) It is possible to understand the importance of system dynamics methodology; and ii) It can help the organization to quantify corporate governance for development of organization in holistic manner.

Keywords: Corporate Governance, System Dynamics, Cause-Effect Relationship

How to cite this paper: Sahay, M., Kumar, K. (2015). Augmenting corporate governance through system dynamics. Corporate Ownership & Control, 13(1-9), 1063-1070. https://doi.org/10.22495/cocv13i1c9p8