The importance of effective corporate governance / Prof. Madya Shafi Mohamad

The term corporate governance came into vogue following the Asian Economic Crisis in July 1997 and has since been bandied about quite frequently in the business press. This paper looks at some of the different definitions of corporate governance as well as the importance of corporate governance. It...

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Format:	Article
Language:	English
Published:	Universiti Teknologi MARA, Sarawak 2005
Online Access:	http://ir.uitm.edu.my/id/eprint/16767/ http://ir.uitm.edu.my/id/eprint/16767/1/AJ_SHAFI%20MOHAMAD%20JAS%2005.pdf

id	uitm-16767
recordtype	eprints
spelling	uitm-167672017-05-08T03:33:39Z http://ir.uitm.edu.my/id/eprint/16767/ The importance of effective corporate governance / Prof. Madya Shafi Mohamad The term corporate governance came into vogue following the Asian Economic Crisis in July 1997 and has since been bandied about quite frequently in the business press. This paper looks at some of the different definitions of corporate governance as well as the importance of corporate governance. It then looks at the core components that contribute to effective governance by looking at the model developed by the Organization for Economic Cooperation and Development (OECD) Business Sector Advisory Group on Corporate Governance, or more commonly known as the Millstein Report. It then goes on to discuss the importance of efforts to raise the awareness of corporate governance globally keeping in mind the differences in national cultures as well as differing social and economic priorities between sovereign nations. It then concludes by saying that at this point in time, a consensus on a single model of corporate governance is both unlikely and unnecessary since over time the exigencies of the capital market (market forces) will lead to increasing convergence in practice between countries. Universiti Teknologi MARA, Sarawak 2005 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/16767/1/AJ_SHAFI%20MOHAMAD%20JAS%2005.pdf UNSPECIFIED (2005) The importance of effective corporate governance / Prof. Madya Shafi Mohamad. Jurnal Akademik UiTM Sarawak. pp. 1-12. ISSN 0128-2635
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
description	The term corporate governance came into vogue following the Asian Economic Crisis in July 1997 and has since been bandied about quite frequently in the business press. This paper looks at some of the different definitions of corporate governance as well as the importance of corporate governance. It then looks at the core components that contribute to effective governance by looking at the model developed by the Organization for Economic Cooperation and Development (OECD) Business Sector Advisory Group on Corporate Governance, or more commonly known as the Millstein Report. It then goes on to discuss the importance of efforts to raise the awareness of corporate governance globally keeping in mind the differences in national cultures as well as differing social and economic priorities between sovereign nations. It then concludes by saying that at this point in time, a consensus on a single model of corporate governance is both unlikely and unnecessary since over time the exigencies of the capital market (market forces) will lead to increasing convergence in practice between countries.
format	Article
title	The importance of effective corporate governance / Prof. Madya Shafi Mohamad
spellingShingle	The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_short	The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_full	The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_fullStr	The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_full_unstemmed	The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_sort	importance of effective corporate governance / prof. madya shafi mohamad
publisher	Universiti Teknologi MARA, Sarawak
publishDate	2005
url	http://ir.uitm.edu.my/id/eprint/16767/ http://ir.uitm.edu.my/id/eprint/16767/1/AJ_SHAFI%20MOHAMAD%20JAS%2005.pdf
first_indexed	2023-09-18T22:56:49Z
last_indexed	2023-09-18T22:56:49Z
_version_	1777417908871233536

The importance of effective corporate governance / Prof. Madya Shafi Mohamad

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