Corporate Governance and Financial Management (eBook)

Siti Nuryanah is a Researcher and a Lecturer in Accounting in the Faculty of Economics, Universitas Indonesia. She is also a teaching associate at Monash University and a sessional lecturer at Victoria University, Australia. She holds a PhD from Victoria University, a Master of Business (Accounting) from Victoria University and a Master of Finance from Universitas Indonesia. Her research interests are in the area of corporate governance, tax, accounting and finance. She has written books and published papers in international refereed journals, and is one of the reviewers of an accounting refereed journal in Indonesia: Jurnal Akuntansi Indonesia (JAKI).Sardar M. N. Islam is a Professor in the Faculty of Business and Law, Victoria University, Australia. He is undertaking research and doctorate supervision work in a wide range of disciplines including economics, finance, business, accounting, and law. He has published a number of finance, business, economics, accounting and law books, each of which makes significant scientific contributions to the literature. He has also published articles in leading international journals in his specialized research areas.

Cover 1
Half-Title 2
Title 4
Copyright 5
Contents 6
List of Figures 7
List of Tables 9
Foreword 10
Preface 12
Acknowledgements 16
List of Abbreviations and Definitions 18
1 Sound Financial Management Strategies for Achieving Good Corporate Governance Practices 23
2 The Foundations for Formulating Sound Financial Management Strategies Using an Integrated Financial Optimisation Model: A Critical Literature Review 35
3 Conceptual Framework and Research Methodology 85
4 An Integrated Financial Optimisation Model for Formulating Sound Financial Management Strategies 125
5 The Context of the Case Study 167
6 The Numerical Model, Results and Analysis 179
7 Implications of The Results for Sound Financial Management Strategies, Corporate Governance, and Managerial and Financial Accounting Perspectives 239
8 Conclusion and Recommendations for Future Research 259
Appendix 1: Financial Data of the Company 268
Appendix 2: Beta Calculation 297
Appendix 3: The Results of the Initial Model 300
Appendix 4: The Final Model 1 312
Appendix 5: The Final Validated Model 1 – Without Perpetuity 320
Appendix 6: The Present Value of the Perpetuity of the Final Validated Model 1 340
Appendix 7: The Final Validated Model 2 – Without Perpetuity 346
Appendix 8: The Present Value of the Perpetuity of the Final Validated Model 2 370
Notes 375
References 377
Index 390