Corporate Governance Optimisation

Game Theory, Risk and Hedge Accounting
1. Auflage 2025
ISBN: 978-1-041-06416-9
Verlag: Taylor & Francis Ltd

Buch, Englisch, 456 Seiten, Format (B × H): 152 mm x 229 mm

Reihe: Routledge Studies in Corporate Governance

Corporate Governance Optimisation introduces an innovative approach to addressing some of the most pressing challenges in modern corporate governance. Combining game theory, mechanism design and hedge accounting, this research monograph offers a comprehensive framework for resolving agency conflicts, mitigating financial risks and improving organisational performance. At the heart of this book is an integrated model that unites governance, risk management and hedge accounting, demonstrating how these elements work together to address information asymmetry, incentive misalignment and decision-making complexities. Grounded in rigorous research and real-life data, the book provides practical insights into how hedge accounting can stabilise financial outcomes, support effective governance and enhance corporate value.

Designed for academics, researchers and professionals in accounting, finance and corporate governance, this book bridges theory and practice, offering a robust foundation for understanding and applying advanced governance models. It is particularly valuable for those interested in how mathematical frameworks like game theory can be used to solve real-world corporate challenges. While rooted in financial optimisation, the book’s findings have broad implications for policy, strategy and risk management in diverse organisational contexts.

Zielgruppe

Postgraduate

Autoren/Hrsg.

Arifa, Choirunnisa

Islam, Sardar

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen
• Wirtschaftswissenschaften Betriebswirtschaft Management Strategisches Management
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Unternehmenskultur, Corporate Governance
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement

Inhaltsverzeichnis

Chapter 1. Introduction Chapter 2. Issues in Corporate Governance: Hedge Accounting, Mechanism Design, Corporate Finance, and Risk Management Chapter 3. A Conceptual Framework for Corporate Governance Mechanism and a Case Study Background Chapter 4. A Corporate Governance and Financial Management Model: Game Theory and Mechanism Design as an Optimisation Problem Chapter 5. The Numerical Corporate Governance Model: Specification and Results Chapter 6. Designing Corporate Governance Mechanisms: Optimal Corporate Finance and Accounting Risk Management Strategies Chapter 7. Corporate Governance Optimisation Implications: Hedge Accounting as Risk Management Strategy and Mechanism Design for Resolving Agency Problems

Über Autor(innen)

Choirunnisa Arifa is a Lecturer in Department of Accounting, Faculty of Economics and Business at Universitas Gadjah Mada, Indonesia.

Sardar Islam is a Professor in the Institute of Sustainable Industries and Liveable Cities at Victoria University, Melbourne, Australia.