LEVEL OF ORGANIZATIONAL GOVERNANCE AWARENESS AMONG A SAMPLE OF KUWAITI YOUNG ENTREPRENEUR

Authors

  • Dr. Jasem Mohamed Hassan Jezza

Abstract

Given the rapid changes in business world, and as an answer to modernity and developments, many young entrepreneurs now are becoming more involved in the business world as an approach to realize their dreams and support their country with the skills and talents they possess. Carrying out an entrepreneurial business initiatives isn't something that can be done overnight, it is an ongoing sought of discipline, organization and determination that is compound with knowledge of laws and regulations. Current study aimed at examining the extent of awareness in corporate governance among a sample of young Kuwaiti entrepreneurs.

Study depended on quantitative approach and utilized a questionnaire distributed on (435) entrepreneurs in Kuwait. Main axis of study consisted of  corporate governance dimensions (Ensure   effective   framework   for   corporate   governance, Equity and main functions of ownership rights, Equitable treatment of shareholders, Stakeholders' role in corporate governance, Disclosure and Transparency and Board of Directors Responsibility) and how well-informed Kuwait entrepreneurs of such dimensions.

Results of study indicated a high level of awareness among sample of study as their responses came positive referring to a good extent of awareness and knowledge of corporate governance dimensions. The most widely known dimension appeared to be "Equitable treatment of shareholders" as it was the most positively answered variable scoring a mean of (4.25/5.00) followed by high awareness of "Board of Directors Responsibility" as it scored a mean of (4.22/5.00). Study recommended the need to spread awareness that the organizational governance framework is not a rigid and radical framework, but rather a framework that depends on the legal, regulatory and institutional environment and the resulting overlaps and frictions between these environments.

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Published

2020-11-01

How to Cite

Dr. Jasem Mohamed Hassan Jezza. (2020). LEVEL OF ORGANIZATIONAL GOVERNANCE AWARENESS AMONG A SAMPLE OF KUWAITI YOUNG ENTREPRENEUR. PalArch’s Journal of Archaeology of Egypt / Egyptology, 17(6), 10880-10892. Retrieved from http://mail.palarch.nl/index.php/jae/article/view/2780