The Compliance Model as a Catalyst for Post-Financial Crisis Efficiency in Corporations

  • Magda Ositashvili LL.M candidate at the University of Hamburg, Germany
Keywords: Compliance, Financial Crisis, Efficiency, Risk analysis, Corporative law

Abstract

This paper examines how the compliance model improves corporate governance and efficiency post-financial crisis. The research examines the compliance model's goals, strategies for integrating it into corporate governance structures, results, and conclusions. The compliance model prioritizes legal and regulatory compliance, ethical standards, and best practices in corporate governance. This methodology helps organizations prevent wrongdoing, enhance transparency, and build stakeholder confidence. Mixed-methods study evaluates the compliance model. First, it reviews the compliance model's theoretical and practical consequences. Next, a quantitative analysis compares pre- and post-compliance model performance metrics in a sample of firms. Finally, qualitative interviews with key stakeholders assess the model's impact. This study shows that the compliance approach boosts post-financial crisis corporate efficiency. The approach improves corporate governance, malfeasance, and efficiency. Organizations with a culture of compliance, honesty, and responsibility gain stakeholder trust. The results show that the compliance model can help companies revive their corporate governance practices following financial crises. This methodology reduces risks, ensures legal and ethical compliance, and boosts efficiency and effectiveness. This study emphasizes the compliance model's role in post-financial crisis corporate efficiency. It highlights the model's favorable effects on corporate governance and organizational success. The report adds to the corporate governance literature and offers practical advice for companies trying to improve their governance in a complicated business environment.

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References

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Published
2023-07-08
How to Cite
Ositashvili, M. (2023). The Compliance Model as a Catalyst for Post-Financial Crisis Efficiency in Corporations. European Scientific Journal, ESJ, 19, 150. Retrieved from https://eujournal.org/index.php/esj/article/view/16967
Section
ESI Preprints