Beyond Compliance: Evaluating the Effectiveness of QAMCO's Anti-Corruption Policies and their Impact on Cost Management
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 12
Abstract
This study investigates the effectiveness of QAMCO's anti-corruption policies and their impact on cost management. With growing global emphasis on transparency and ethical governance, the research aims to bridge the gap in existing literature by exploring the interplay between anti-corruption measures and financial efficiency within a state-owned enterprise in the Middle East. Employing a qualitative action-based case study design, the study examines compliance mechanisms, their implementation, and their influence on operational costs. The findings reveal that QAMCO's anti-corruption framework has contributed to a 10% reduction in operational expenses while enhancing corporate accountability and reputation. However, the study also highlights areas for improvement, such as better alignment between compliance policies and operational needs, as well as more comprehensive training programs. By addressing these gaps, QAMCO can further optimize its cost management strategies and serve as a model for other organizations. This research contributes to the ongoing discourse on corporate governance by providing actionable insights into the cost implications of anti-corruption policies and offering recommendations to improve their effectiveness. Future studies could explore similar frameworks in different industries or regions to enhance the generalizability of these findings.
Authors and Affiliations
Qasim Y. Bani Omar
Keywords
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- EP ID EP752270
- DOI 10.47191/jefms/v7-i12-07
- Views 40
- Downloads 0
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