Invisible hands behind the corporate governance practices in Malaysia : a literature review

The issues of corporate governance became very popular in the corporate world in UK, USA and Europe during the last two decades. With the opening up of economies and liberalization, the concern for corporate governance also spread to the developing world. Therefore, most of the developed and devel...

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Main Author:	Htay, Sheila Nu Nu
Format:	Conference or Workshop Item
Language:	English English
Published:	2012
Subjects:	HG1501 Banking
Online Access:	http://irep.iium.edu.my/26266/ http://irep.iium.edu.my/26266/1/1._Invisible_Hands_behind_the_Corporate_Governance_Practices_in_Malaysia.pdf http://irep.iium.edu.my/26266/2/1%262.pdf

id	iium-26266
recordtype	eprints
spelling	iium-262662012-12-14T05:32:54Z http://irep.iium.edu.my/26266/ Invisible hands behind the corporate governance practices in Malaysia : a literature review Htay, Sheila Nu Nu HG1501 Banking The issues of corporate governance became very popular in the corporate world in UK, USA and Europe during the last two decades. With the opening up of economies and liberalization, the concern for corporate governance also spread to the developing world. Therefore, most of the developed and developing countries, including Malaysia have laid down corporate governance guidelines to enhance the current governance practices. Based on the analysis of the contents in the corporate governance codes, most of the recommendations are founded on the concept of agency theory. Unfortunately, the majority of the findings of researchers show that the results are not in line with the theoretical expectations. In Malaysia, Malaysian Code on Corporate Governance was introduced in 1998 and eventually; it has been amended in 2000 and 2007. However, some of the findings on corporate governance in Malaysia are not in line with the recommendations of the Code. Thus, this study examines the possible reasons that hinder current corporate governance system less effective in Malaysia. The main reasons for this problem are due to nature of ownership structure, political and culture background of Malaysia and the adoption of unsuitable foreign corporate governance template. The findings of this research will be useful for the regulators to develop future rules and regulations and implement them accordingly. 2012-02-13 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/26266/1/1._Invisible_Hands_behind_the_Corporate_Governance_Practices_in_Malaysia.pdf application/pdf en http://irep.iium.edu.my/26266/2/1%262.pdf Htay, Sheila Nu Nu (2012) Invisible hands behind the corporate governance practices in Malaysia : a literature review. In: Asia-Pacific Business Research Conference, 13 - 14, February, 2012, Hotel Istana, malaysia. (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG1501 Banking
spellingShingle	HG1501 Banking Htay, Sheila Nu Nu Invisible hands behind the corporate governance practices in Malaysia : a literature review
description	The issues of corporate governance became very popular in the corporate world in UK, USA and Europe during the last two decades. With the opening up of economies and liberalization, the concern for corporate governance also spread to the developing world. Therefore, most of the developed and developing countries, including Malaysia have laid down corporate governance guidelines to enhance the current governance practices. Based on the analysis of the contents in the corporate governance codes, most of the recommendations are founded on the concept of agency theory. Unfortunately, the majority of the findings of researchers show that the results are not in line with the theoretical expectations. In Malaysia, Malaysian Code on Corporate Governance was introduced in 1998 and eventually; it has been amended in 2000 and 2007. However, some of the findings on corporate governance in Malaysia are not in line with the recommendations of the Code. Thus, this study examines the possible reasons that hinder current corporate governance system less effective in Malaysia. The main reasons for this problem are due to nature of ownership structure, political and culture background of Malaysia and the adoption of unsuitable foreign corporate governance template. The findings of this research will be useful for the regulators to develop future rules and regulations and implement them accordingly.
format	Conference or Workshop Item
author	Htay, Sheila Nu Nu
author_facet	Htay, Sheila Nu Nu
author_sort	Htay, Sheila Nu Nu
title	Invisible hands behind the corporate governance practices in Malaysia : a literature review
title_short	Invisible hands behind the corporate governance practices in Malaysia : a literature review
title_full	Invisible hands behind the corporate governance practices in Malaysia : a literature review
title_fullStr	Invisible hands behind the corporate governance practices in Malaysia : a literature review
title_full_unstemmed	Invisible hands behind the corporate governance practices in Malaysia : a literature review
title_sort	invisible hands behind the corporate governance practices in malaysia : a literature review
publishDate	2012
url	http://irep.iium.edu.my/26266/ http://irep.iium.edu.my/26266/1/1._Invisible_Hands_behind_the_Corporate_Governance_Practices_in_Malaysia.pdf http://irep.iium.edu.my/26266/2/1%262.pdf
first_indexed	2023-09-18T20:39:09Z
last_indexed	2023-09-18T20:39:09Z
_version_	1777409247938609152

Invisible hands behind the corporate governance practices in Malaysia : a literature review

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