Implementation Of Governance Practices Research Articles

Management of Islamic Religious Education Learning with a Scientific Approach as a Formation of Active and Scientific Attitudes of Students at SMK Bina Nusantara Andika Cianjur

The purpose of this research for demonstrate how the implementation of governance practices, processes, and supporting and inhibiting elements of the scientific method are used to increase student involvement in PAI learning at SMK Bina Nusantara Andika. A qualitative descriptive approach was used in this study. Data collection methods include observation, interviews, and documentation. The findings show that PAI learning is applied using the 2013 curriculum and the scientific model. The school has endeavored to promote discipline and order, maximize study hours using the scientific method, and increase student participation by requiring students to participate in group discussions of the teaching-learning process and hands-on practice. In addition, the instructor demonstrates the scientific method paradigm through real-life examples. The scientific approach is carried out by stimulating students' interest in the concepts being taught, encouraging students to ask questions about concepts, assisting students in gathering various information related to concepts, guiding students in developing arguments from concepts, and guiding students in concluding concepts. In addition, the supporting elements are the active participation of students in learning, competent instructors, supporting facilities and infrastructure, and various learning techniques. On the other hand, the inhibiting factors include inadequate facilities, such as the lack of technical support tools, insufficient allocation of teaching time, and the shortage of teaching staff, especially PAI teachers who have not been able to adapt to the scientific approach model.

Board of directors and financial performance in the Middle East

This study seeks to trace dimensions through which corporate governance characteristics influence the financial performance of family owned businesses. Between the periods of 2009–2011, we examined 160 Lebanese family owned firms that were equally divided between a control and an experimental group. Using a multiple logistic regression between a proxy ratio of financial distress and three exogenous variables of corporate governance, we found evidence of the attribute of boards’ composition to firm’s failure; the presence of outside directors seemed to have no role in the financial distress and insider ownership decrease the likelihood of financial distress but CEO duality increases the same probability of family owned firms in Lebanon. Our findings may well urge Lebanese investors and regulators toward the implementation of governance practices, to enhance the performance in one of the pillars of every local economy.

Board of directors and bank performance: beyond agency theory

By integrating agency, stewardship and resource–dependency perspectives, this paper associated three characteristics of the board of directors - outside directors, insiders' equity ownership and leadership duality (Executive Officer also being the Chairman of the Board) - with bank's financial performance in Lebanon. Using a panel model, and after controlling for endogeneity problems, we examined 54 listed and unlisted banks from 2005 to 2010. Our results implied that the presence of outside directors on the board and the leadership duality have no statistical impact on performance. It seems that severe regulations by the Lebanese monetary authority act as an external governance mechanism. On the contrary, insiders' ownership promotes convergence of the interests of managers/shareholders and shapes the performance of banks. Our findings may well urge Lebanese bankers and regulators towards further development and implementation of governance practices to enhance the performance and the stability of one of the pillars of the Lebanese economy.