Does director’s competencies matter to corporate governance? A review of literature

Alhaji, Idris Adamu and Wan Yusoff, Wan Fauziah (2012) Does director’s competencies matter to corporate governance? A review of literature. In: International Conference on Business and Economic Research (3rd ICBER 2012), 12 - 13 March 2012., Bandung, Indonesia.

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Abstract

Prior to the various corporate governance scandals around the world director’s competencies has becoming widely acknowledged as one of the important determine of corporate governance and firm performance. Competency can be defined as a specification of knowledge and skill and the application of that knowledge and skill to the standards of performance required in the workplace. Director’s competencies are of paramount importance in every established organization and play integral role in the existence of corporate governance. The manners of dresses, speeches, receptions as well as corporate image of any firm workers are greatly influenced positively through directors’ ability to portray the ability of competency. Where competency reign, discipline, respect for constituent authorities, well design and high output must be assured. In this situation workers feel free to execute their role with high enthusiasm which invariably increase day in day out the performance of the firms’ productivity. Although director’s competencies has been a subject of number of studies, particularly in developed countries. This issue has not yet fully explore in many countries. Therefore, the aim of this paper is to review the importance of director’s’ competencies on corporate governance. It is hoped that this paper provides some idea on the importance of director’s competencies towards the enhancement of corporate governance.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:directors’ competency, competency, corporate governance, firm performance,
Subjects:H Social Sciences > H Social Sciences (General)
ID Code:2509
Deposited By:Normajihan Abd. Rahman
Deposited On:06 Jun 2012 11:27
Last Modified:06 Jun 2012 11:27

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