Explaining the Corporate Governance Components of Governmental Organizations and Assessing the Ability of Supreme Audit Court for It’s Implementation

Document Type : Research Paper

Authors

1 PhD. student of Accounting, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran.

2 Associate Professor in Accounting, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran.

Abstract

In most countries, the Code of Corporate Governance has been approved as a law to improve governmental auditing. Iran's economy is governmental; therefore, Corporate Governance is essential for the optimal management of resources in this sector. The purpose of this study is to explain the components of governmental Corporate Governance by taking into account the experience of other countries and the opinions of experts, as well as assessing the ability of Supreme Audit Court for its implementation.
This research is an applied-explanatory and qualitative-quantitative study. At the Delphi phase, 20 people of government experts, the Parliament and the Court of Audit, and in the assessment phase, 240 people of Supreme Audit Court employees participated in the study.
Findings in fuzzy Delphi phase showed that four main components of corporate governance are monitoring, managerial, technical and ethical components. The analysis of questionnaire showed that supreme audit court can monitor the implementation of corporate governance.
It is suggested that the Islamic Consultative Assembly approve the Code of governmental Corporate Governance according to the native conditions, and supreme audit court hold the responsibility of its monitoring.
 

Keywords

References

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Governmental Accounting
Volume 4, Issue 2 - Serial Number 8
September 2018
Pages 23-40

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History

  • Receive Date: 10 February 2018
  • Revise Date: 15 September 2018
  • Accept Date: 22 November 2018

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