Open AccessThe effectiveness of corporate governance in adhering to business ethics and social responsibility in family businesses to achieve sustainable development dimensions - A statistical reading of Algeria experience in the field of governance and business eth
Author(s) -
Mouhamed said Saidani,
Labidi MEHAOUAT,
Ahmed Bekkaye
Publication year - 2018
Publication title -
journal of finance and corporate governance
Language(s) - English
Resource type - Journals
eISSN - 2602-5655
pISSN - 2661-7501
DOI - 10.54960/jfcg.v2i2.27
Subject(s) - corporate governance , accounting , business ethics , business , audit , shareholder , corporate social responsibility , language change , good governance , public relations , finance , political science , art , literature
The study aimed at revealing thcve nature of the relationship between corporate governance and business ethics in family businesses in Algeria. In order to clarify the relationship, the aspects of impact were analyzed in 07 key areas: Protection of minority shareholders’ interests PMSI, Ethical behavior of firms EBF, Strength of auditing and reporting standards SARS, Efficiency enhancers EE, Ethics and corruption CORR, Ease of access to loans EAL, Goods market efficiency GME, Using the statistical program SPSS 24 to study associative relationships and derive long-term dynamic relationships, the results showed a long-term balance between corporate governance and broader ethics In five key aspects: Protection of minority shareholders’ interests PMSI, Ethical behavior of firms EBF, Strength of auditing and reporting standards SARS, Efficiency enhancers EE, Goods market efficiency GME, with no relationship between corporate governance and Ethics and corruption CORR, Ease of access to loans EAL, This leads us to say that there is a long-term dynamic balance between institutional governance and business ethics in family businesses in Algeria. The study therefore recommends further structural institutional reforms if any future governance or institutional effectiveness is to be achieved.