Dimensions of Corporate Governance In The Islamic Paradigm

Abstract

The purpose of this study is to investigate and determine the dimensions and components required to develop a corporate governance model consistent with Islamic principles and standards. To do this, all available and related sources related to corporate governance up to 1399 (2021) have been studied. To analyze the sources, the Meta-Synthesis and the seven-step method of Sandlowski and Barroso using dimensions and components coding have been applied. After systematic review of texts and selection of sources using CAPA index, in consideration of international models of corporate governance and their compliance with Islamic principles and norms, dimensions of corporate governance have been identified in the Islamic paradigm and the components of corporate governance have been introduced from the perspective of Islamic principles. Therefore, the research results show the effectiveness of moral principles, social commitment, responsiveness, transparency, decision-making and Islamic supervision dimensions which guarantee optimal and desirable corporate governance goals.

Keywords

• dimensions of corporate governance
• islamic paradigm
• islamic corporate governance
• meta
• synthesis