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gave for every question can been seen at the Table 3 above. According to it, when we look at the total line, for all the questions; % 63,75 of the participants has given the answer of “Present”; %23,48, “Absent”, and the rest %12,77 has responded it as “Partly Present”. In this point, the participants have answered the question in the first question about commercial register information as “Present” at most. %30,38 of the participants has responded the Question 10 as “Absent” Table 4: The Subjects in the Yearly Activity Report Partly Present Absent The Subjects in the Yearly Activity Report Present Total (%) 1) The subject of activity. 100,00 - - 100,00 2) Information about the sector and the place of the company in the sector. 92,41 1,27 6,33 100,00 3) The analysis and the evaluation of the management about financial condition and results of activity; the accrual degree of the planned activities; the condition 78,48 13,92 7,59 100,00 of the company against the determined strategic aims. 4) The declaration of the board of directors about the internal control system 55,70 and whether this system regularly operates, or not. 30,38 13,92 100,00 5) The opinion of the independent audit firm about the internal control system 48,10 of the company. 37,97 13,92 100,00 6) The evaluation of the ratings bureau. 43,04 49,37 7,59 100,00 7) A detailed explanation related to predictable risks about activities. 63,29 20,25 16,46 100,00 8) The analysis of operations in a significant amount that were done in the last one year with in-group companies and with other related persons and 69,62 22,78 7,59 100,00 organizations. 9) The changes in organization, capital, partnership structure and management 75,95 structure. 17,72 6,33 100,00 10) The statement of partnership structure that indicate the real person ultimate controlling shareholder/s of the company thereby cleaning indirect and mutual 56,96 39,24 3,80 100,00 partnership relations. 11) If available, the punishments taken because of the applications contrary to 26,58 the rules of regulations, and the explanation related to their justification. 68,35 5,06 100,00 12) The amendments of regulations that can significantly affect on company’s 50,63 activities. 34,18 15,19 100,00 13) Important suits sued against the company and their possibly results; warnings, admonitions, and administrative penalty fines that are done by 24,05 69,62 6,33 100,00 public authorities, and et cetera information. 14) Dividend policy; the justification if a dividend will not be done. 60,67 23,60 15,73 100,00 15) Forward looking expectations about sales, efficiency, market share, endowment capacity, profitableness, debt/equity capital ratio et cetera matters. 62,03 24,05 13,92 100,00 16)The information of reaching the texts in which the function of general assemblies, the rights that shareholders have got and the foundations related to 62,03 21,52 16,46 100,00 the use of these rights are explained. Total 60,60 29,59 9,81 100,00 It has been determined the matters that have to be in the yearly activity report according to the Corporate Governance Principles of CMB. In the Table 4, when the answers related to the matters that have to be in the yearly activity report that the participants gave are assessed, the vast majority of the participants have given positive answers to the questions asked. As for %69.62 of the participants has given negative answer to the Question 13. Accounting Standards The complete of the participating to the question “Are the accounting standards used in your company” has given the answer “Yes”. In this first section, the questions with which they can meet about the application of accounting standards have been asked the participants in five clauses. As for in the next section, it has been asked the participants about the benefits of accounting standards. The Business & Management Review, Vol.2 Number 2, July 2012 33
Table 5: Opinions on Accounting Standards OPINIONS Strongly Disagree Disagree Neither Agree Nor Disagree Agree Strongly Agree Total 1) To use a common accounting language by IFRS provides that 1,27% 2,53% 16,46% 68,35% 11,39% 100,00% investors take true decisions. 2) IFRS, in the evaluation of the managements in terms of financial analysis, increases the level of comparability with 0,00% 1,27% 11,39% 63,29% 24,05% 100,00% national and international managements. 3) IFRS facilitates the listing of managements into international 0,00% 0,00% 17,72% 64,56% 17,72% 100,00% capital markets. 4) IFRS facilitates the comparability of time-periods in the 0,00% 2,53% 21,52% 56,96% 18,99% 100,00% financial statements of managements. 5) IFRS contributes to be taken investment decisions for 0,00% 2,53% 20,25% 58,23% 18,99% 100,00% managements in a true way. 6) IFRS gives confidence for the financial statement users to 0,00% 1,27% 13,92% 56,96% 27,85% 100,00% financial reporting in a higher level. 7) IFRS provides saving of time for managements by removing 0,00% 7,59% 26,58% 48,10% 17,72% 100,00% to arrange a table more than one. 8) IFRS positively affects on the level of reliability in financial 0,00% 2,53% 22,78% 55,70% 18,99% 100,00% reporting, removing financial controversies in managements. 9) IFRS positively affects on the quality level of accounting 0,00% 2,53% 12,66% 56,96% 27,85% 100,00% applications (the order of registration and document). 10) IFRS helps the facilitation of managements’ audit activities. 0,00% 1,27% 20,25% 54,43% 24,05% 100,00% 11) IFRS increases the quality level of analysis of financial 0,00% 3,80% 15,19% 55,70% 25,32% 100,00% statements in managements. 12)IFRS is necessary for an effective Corporate Governance 0,00% 3,80% 5,06% 63,29% 27,85% 100,00% Total 0,11% 2,64% 16,98% 58,54% 21,73% 100,00% According to these results, when it is examined the turnouts of the survey participants into the evaluations done; By IFRS, using a common accounting language, investors can take true decisions, By IFRS, in the evaluation of the managements in terms of financial analysis, it is provided the comparability with national and international managements and its increasing, By IFRS, the listing of managements into international capital markets is facilitated, By IFRS, the comparability of time-periods in the financial statements of managements is provided and facilitated, By IFRS, it is contributed to take investment decisions for managements in a true way, By IFRS, it is given confidence for the financial statement users to financial reporting in a higher level, By IFRS, it is provided saving of time for managements by removing to arrange a table more than one, By IFRS, removing financial controversies in managements, the level of reliability in financial reporting is affected positively, By IFRS, the quality level of accounting applications (the order of registration and document) is positively affected, By IFRS, it is helped for the facilitation of managements’ audit activities, By IFRS, it is increased the quality level of analysis of financial statements in managements, It is thought that IFRS is necessary for an effective Corporate Governance. The Business & Management Review, Vol.2 Number 2, July 2012 34
Page 1: ISSN 2047-2854 Academy of Business
Page 4 and 5: Corporate Governance and Business C
Page 6 and 7: Contents Agenda & Articles Internat
Page 8 and 9: Corporate Governance and Business C
Page 10 and 11: writes and speaks on a variety of s
Page 12 and 13: Board Governance Development for Ci
Page 14 and 15: The principles for good governance
Page 16 and 17: Early Indicators of success An imme
Page 18 and 19: Are Singapore Boards Global Shital
Page 20 and 21: Table 1: Duration on Board Home Dur
Page 22 and 23: Comparison between directors from h
Page 24 and 25: Corporate Governance in the Value B
Page 26 and 27: etween the conditions of enterprise
Page 28 and 29: industries whose reorganization or
Page 30 and 31: operations will be positively asses
Page 32 and 33: Corporate Governance in Public Sect
Page 34 and 35: a range of issues such as bringing
Page 36 and 37: Financial Reporting Standards as a
Page 38 and 39: are intended to be used by policy m
Page 40 and 41: Organizations, responsible for dete
Page 42 and 43: Table 1. Basic Statistical Informat
Page 46 and 47: Conclusion and Evaluation 30. In th
Page 48 and 49: Boardroom Pay, Performance and Corp
Page 50 and 51: 3 describes the research design. Th
Page 52 and 53: Brick et al., (2006) show that CEOs
Page 54 and 55: independent director and are expect
Page 56 and 57: Descriptive statistics and correlat
Page 58 and 59: emuneration. The negative relations
Page 60 and 61: Core, J., Holthausen, R., and Larck
Page 62 and 63: Werner, S., Tosi, H. L., and Gomez-
Page 64 and 65: On the Effectiveness of Regulatory
Page 66 and 67: size of this macro-aggregate in fos
Page 68 and 69: Countries G7 -1.101 0.
Page 70 and 71: Compliance Versus Volatility of Per
Page 72 and 73: Exposing MBA Students to Corporate
Page 74 and 75: Corporate Governance and Performanc
Page 76 and 77: The Publishing Scramble for Africa
Page 78 and 79: higher-paying jobs, entrepreneurial
Page 80 and 81: Researche r/s 12 Khan and Khan (201
Page 82 and 83: Panel Cointegration Test After stat
Page 84 and 85: Against this background, this paper
Page 86 and 87: Recommendation The following recomm
Page 88 and 89: Papell, D. (1997). Searching for St
Page 90 and 91: The representatives of the Polish m
Page 92 and 93: output (product or service), implyi
Page 94 and 95:
Driving forces and obstacles The ob
Page 96 and 97:
direct environmental impacts of the
Page 98 and 99:
Markard, J., and Truffer, B. (2008)
Page 100 and 101:
Fig. 1. Pro-value management triad
Page 102 and 103:
indicate fundamental obstacles, fro
Page 104 and 105:
Experiences of recent years, relate
Page 106 and 107:
By the end of 20 th century and at
Page 108 and 109:
countries, regions or the world. As
Page 110 and 111:
analyzed and assessed quite in deta
Page 112 and 113:
consequences resulting from the act
Page 114 and 115:
The Disharmonies, Dilemmas and Effe
Page 116 and 117:
A broad area of problems related to
Page 118 and 119:
Another possibility is the abandoni
Page 120 and 121:
Figure 3. Transformation indicators
Page 122 and 123:
Koodko G.K. (ed.) (1991), Polityka
Page 124 and 125:
fact is so severe that ignoring it
Page 126 and 127:
significant progresses recently on
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takes place between the public and
Page 130 and 131:
Ranking Indian States on Social Wel
Page 132 and 133:
the required professional assistanc
Page 134 and 135:
The 80 indicator variables chosen a
Page 136 and 137:
th criterion vector C n in an MCDM
Page 138 and 139:
INDICATOR VARIABLES Shannon's Weigh
Page 140 and 141:
Appendix Normalized Value of parame
Page 142 and 143:
Creating Consumer Based Brand Equit
Page 144 and 145:
H2. All promotional activity (Adver
Page 146 and 147:
This means that there is a strong r
Page 148 and 149:
Brand association Perceived Quality
Page 150 and 151:
A Conceptual Framework of Customer
Page 152 and 153:
Succession Planning in Management I
Page 154 and 155:
Opinion-Leading Role of Politically
Page 156 and 157:
International Conference on Busines
Page 158 and 159:
V VI VII VIII IX X The Relationship
Page 160 and 161:
II III IV V VI VII VIII Innovation
Page 162 and 163:
How does Employee Satisfaction Impa
Page 164 and 165:
fulfillment, the respondents for th
Page 166 and 167:
following paragraph displays the de
Page 168 and 169:
How do online consumer review senti
Page 170 and 171:
and industrial activities and quali
Page 172 and 173:
Over the census years population gr
Page 174 and 175:
Expatriate Al Riyadh Makka Al Mokar
Page 176 and 177:
Tabouk Hail Northern Borders Jazan
Page 178 and 179:
and Social Commission for Western A
Page 180 and 181:
Defining learning organization In o
Page 182 and 183:
Walumbwa, Avolio, Gardner, Wernsing
Page 184 and 185:
Watkins, K.E. & Marsick, V.J. (1996
Page 186 and 187:
the scope of the thesis does not al
Page 188 and 189:
effort to identify, maintain and bu
Page 190 and 191:
11-27. Gronroos, C. (1994), From ma
Page 192 and 193:
1996 Gronroos Network perspective T
Page 194 and 195:
project CSFs across 30 sources list
Page 196 and 197:
The additional series of questions
Page 198 and 199:
___________________________________
Page 200 and 201:
The Effects of Extrinsic Cues on th
Page 202 and 203:
of organizations have shown how tra
Page 204 and 205:
ownership as a moderating variable
Page 206 and 207:
preferable organization behavior as
Page 208 and 209:
Bradley, k. & Nejad, A. (1989), Man
Page 210 and 211:
Three theories of JR exist and thes
Page 212 and 213:
their length of stay in their respe
Page 214 and 215:
process. On the part of the other s
Page 216 and 217:
Fig. 6 Personal Involvement The fig
Page 218 and 219:
From observation Management commitm
Page 220 and 221:
Water - The missing ingredient in r
Page 222 and 223:
- The Directive 2006/49/EC of the E
Page 224 and 225:
‣ To act honestly, fairly, and pr
Page 226 and 227:
usiness of investment being rendere
Page 228 and 229:
The advising in investments is an e
Page 230 and 231:
convenience and/or suitability of t
Page 232 and 233:
Corruption, democracy and tax compl
Page 234 and 235:
corruption, although indirectly. Cu
Page 236 and 237:
that is determined by the officials
Page 238 and 239:
democracy. Since these two variable
Page 240 and 241:
e concluded that although both high
Page 242 and 243:
Are High Interest Loans a Debt Trap
Page 244 and 245:
The Role of Micro and Small Enterpr
Page 246 and 247:
Today, as the crisis continues to u
Page 248 and 249:
design - and their contribution to
Page 250 and 251:
The capacity to innovate in this dy
Page 252 and 253:
challenges. Polish government has a
Page 254 and 255:
Structural Changes and Development
Page 256 and 257:
In the years 2004-2010, that is aft
Page 258 and 259:
Takingmicro-enterprises into accoun
Page 260 and 261:
2006 68.6 (102.8) 118.0 (114.6) 222
Page 262 and 263:
Table 6. Financial liquidity ratios
Page 264 and 265:
which may be interpreted as a signi
Page 266 and 267:
The Identification and Measurement
Page 268 and 269:
Róaski 2001]. Logical and deductio
Page 270 and 271:
where represents diagonal elements
Page 272 and 273:
Source: author’s research based o
Page 274 and 275:
Stpie P., Strk T., Analiza ksztatow
Page 276 and 277:
Incentives to encourage Socio-envir
Page 278 and 279:
Cross Country Analysis of GCC Econo
Page 280 and 281:
indicators that influence GCC stock
Page 282 and 283:
Table (1): Descriptive Statistics o
Page 284 and 285:
Table (5): Descriptive Statistics o
Page 286 and 287:
Kuwait’s economic risk. It is fol
Page 288 and 289:
subcomponents of GCC’s economic r
Page 290 and 291:
Enterprise Development under Global
Page 292 and 293:
value should be based on balancing
Page 294 and 295:
The absolute indicator of the new e
Page 296 and 297:
proper evaluation of the enterprise
Page 298 and 299:
Innovations in Enterprise Developme
Page 300 and 301:
influence of shareholders and other
Page 302 and 303:
Strategy of entering a niche - aims
Page 304 and 305:
In the process of innovative projec
Page 306 and 307:
References Amidon D.M. (2003), The
Page 308 and 309:
Facebook usage among college studen
Page 310 and 311:
59 had Facebook pages. According to
Page 312 and 313:
Marine Technology and Commerce (TCM
Page 314 and 315:
Table 4-4 General Model: ANOVA Mode
Page 316 and 317:
Holzner, Steven (2009), Facebook Ma
Page 318 and 319:
This paper aims to contribute to th
Page 320 and 321:
inequality on the probability of de
Page 322 and 323:
Medium and High income Dummy for me
Page 324 and 325:
Table 2: Influence of Scientific Ad
Page 326 and 327:
Table 3: Influence of Scientific Ad
Page 328 and 329:
Middle and High Income Observations
Page 330 and 331:
Inglehart R, Welzel C (2006) Modern
Page 332 and 333:
Does Vice Pay A Traditional Investi
Page 334 and 335:
TABLE 1- VICE FUND PORTFOLIO SECURI
Page 336 and 337:
Performance Measures: Sharpe Ratio
Page 338 and 339:
Implications and Conclusions This p
Page 340 and 341:
Corporate Governance and Business C
Page 342 and 343:
Marek Dziura Cracow University of E
Page 344 and 345:
A. Gregoriou University of Hull Bus
Page 346 and 347:
Park Royal College, London, UK Amin
Page 348 and 349:
Kevin Griffin University College Du
Page 350 and 351:
COMING SOON! International Journal
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