Corporate Governance In Malaysia: The Effect Of Corporate Reforms And State Business Relation In Malaysia

Zainal Abidin, Nor Azizah and Ahmad, Halimah @ Nasibah (2007) Corporate Governance In Malaysia: The Effect Of Corporate Reforms And State Business Relation In Malaysia. Asian Academy of Management Journal (AAMJ), 12 (1). pp. 1-12. ISSN 1394-2603

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Abstract

The Asian Financial Crisis in 1997 not only introduced the term of corporate governance but also drew attention of the public about the weaknesses of Malaysian corporate governance practice. After 1998, Malaysian government decided to adopt corporate reform that could enhance the quality of good corporate management practice. This reform is clearly stated in the code and rules of corporate governance. The purpose of this research is to study the significance of implementing the code and rules of corporate governance since the public already realize the close relationship between business and politics. Three companies were chosen as indicators for this study. As a result, it was found that companies which are involved in corporate malpractice but have good relationship with states will always be excluded from the legal corporate action

Item Type: Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management
Divisions: Penerbit Universiti Sains Malaysia (USM Press) > Asian Academy of Management Journal (AAM)
Depositing User: Mr Firdaus Mohamad
Date Deposited: 04 Aug 2017 08:21
Last Modified: 04 Aug 2017 08:21
URI: http://eprints.usm.my/id/eprint/35947

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