CORPORATE  GOVERNANCE  IN  MALAYSIA

by

Abdul Hadi bin Zulkafli

A PhD candidate in the Faculty of Business and Accountancy, University of Malaya

M.Fazilah bt. Abdul Samad

An Associate Professor in the Department of Banking and Finance, Faculty of Business and Accountancy, University of Malaya

Md Ishak Ismail

Chief Executive Officer, Malaysian Institute of Corporate Governance

Abstract

The paper provides a descriptive analysis on the corporate governance mechanisms in Malaysia. The discussion relates the economic crisis in 1997 that necessitate for the corporate governance efforts on the private sector in the country. It is explained based on the reforms agenda contained in the Malaysian Code on Corporate Governance, Capital Market Master Plan and Financial Sector Master Plan. By highlighting the mechanisms that normally used in the academic research, the paper identifies some of the important mechanisms applied in the reforms of the Malaysian corporate governance. It is found that the mechanisms that have been put in place are comprehensive and covers a wide spectrum of corporate governance internally and externally.

Keywords: Financial Crisis, Corporate Governance

(SRS-014)