Corporate governance assessment in company board structure

Abstract

There is a plethora of publications on Corporate Governance (CG) in today’s business world press.
While many corporate companies have been practicing corporate governance, the justification for good
corporate governance must be a greater concern rather than mere corporate transparency. Rankings in
corporate governance become an important issue to oversee/judge companies who practice
governance. Fuzzy logic is a powerful tool that has been used in diverse fields of applications ranging
from engineering to business or finance. This paper applies the tools of fuzzy logic to design an
approach that will rate the level of application of CG. Financial Disclosure (FD) and Board Structure
(BS) will be the key variables that would be employed to achieve this task. The integration of a fuzzy
logic model to CG will be highlighted graphically in order to enhance the findings of the research