The study seeks to investigate the notion of corporate governance and ascertain its importance in enhancing the financial and managerial performance of organizations. The research addressed the primary goals that corporate governance aims to fulfill, including the promotion of transparency, fairness, the protection of shareholder rights, and the enhancement of trust in corporations. Furthermore, the study examined the digital accounting dimensions of governance, encompassing financial disclosure, digital accounting control, and compliance with international digital accounting standards. It also assessed the critical role that corporate governance plays in attracting investments, bolstering the stability of financial markets, and improving national economic performance. Additionally, the study sought to elucidate the connection between the implementation of governance standards and the elevation of digital accounting information quality while mitigating risks associated with earnings management. A descriptive methodology was employed to fulfill the study's aims. The results indicated that the adoption of corporate governance substantially enhances transparency and fairness within organizations, thereby fostering trust among shareholders and investors. Adherence to digital accounting standards and financial disclosure practices improves the quality of digital accounting information and diminishes risks linked to earnings management, ultimately contributing to superior financial and managerial performance. The findings of the study indicate that the implementation of governance standards plays a crucial role in attracting investments, both foreign and domestic, thereby bolstering the stability of financial markets and reinforcing the national economy. In light of these outcomes, the study advocates for the enhancement of governance standards within both local and international enterprises to promote greater transparency and accountability in financial practices. Furthermore, it suggests an increase in training and awareness initiatives regarding corporate governance for executives and board members to facilitate adherence to best practices in financial disclosure and oversight. Additionally, the study underscores the necessity of conducting regular evaluations of governance practices within organizations to ensure ongoing performance enhancement and adherence to international standards.

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The Impact of Corporate Governance on Financial and Managerial Performance: An Analytical Study of Digital Accounting and Control Aspects

  • Nidal Mahmoud Al-Ramahi,
  • Elan Mohammed Al-Khawaldeh,
  • Mahmoud Odeh

摘要

The study seeks to investigate the notion of corporate governance and ascertain its importance in enhancing the financial and managerial performance of organizations. The research addressed the primary goals that corporate governance aims to fulfill, including the promotion of transparency, fairness, the protection of shareholder rights, and the enhancement of trust in corporations. Furthermore, the study examined the digital accounting dimensions of governance, encompassing financial disclosure, digital accounting control, and compliance with international digital accounting standards. It also assessed the critical role that corporate governance plays in attracting investments, bolstering the stability of financial markets, and improving national economic performance. Additionally, the study sought to elucidate the connection between the implementation of governance standards and the elevation of digital accounting information quality while mitigating risks associated with earnings management. A descriptive methodology was employed to fulfill the study's aims. The results indicated that the adoption of corporate governance substantially enhances transparency and fairness within organizations, thereby fostering trust among shareholders and investors. Adherence to digital accounting standards and financial disclosure practices improves the quality of digital accounting information and diminishes risks linked to earnings management, ultimately contributing to superior financial and managerial performance. The findings of the study indicate that the implementation of governance standards plays a crucial role in attracting investments, both foreign and domestic, thereby bolstering the stability of financial markets and reinforcing the national economy. In light of these outcomes, the study advocates for the enhancement of governance standards within both local and international enterprises to promote greater transparency and accountability in financial practices. Furthermore, it suggests an increase in training and awareness initiatives regarding corporate governance for executives and board members to facilitate adherence to best practices in financial disclosure and oversight. Additionally, the study underscores the necessity of conducting regular evaluations of governance practices within organizations to ensure ongoing performance enhancement and adherence to international standards.