Ng, Sin Huei and Yeoh, Ken Kyid (2012) Corporate governance in Malaysia: A glass half full? Indian Journal of Corporate Governance, 5 (2). pp. 120-132. ISSN 9746862
Full text not available from this repository.Abstract
It is believed that extensive political involvement in business fundamentally impacts the overall quality of both firm- and country-level corporate governance in a particular country. Using the corporate and institutional environment in Malaysia as our chosen example, we aim to show the profound influence that national government policies and approaches to the running of their respective capital markets has on the corporate governance practices and norms in a particular country. Specifically, we show that political conflicts of interest can and have caused controlling shareholders of publicly-listed corporations to have greater inclination to engage in the expropriation of their minority shareholders. This tendency is particularly prevalent amongst large business groups where the link between politics and the business groups is most clearly displayed. We conclude that a culture of good corporate governance is extremely difficult to cultivate without good public / political governance.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Principal-Principal Problems, Expropriation of Minority Shareholders, Rent-Seeking, Corporate Governance Reform |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor |
| Divisions: | Faculty of Business, Communications & Law |
| Depositing User: | Unnamed user with email masilah.mansor@newinti.edu.my |
| Date Deposited: | 23 Oct 2018 03:47 |
| Last Modified: | 23 Oct 2018 03:47 |
| URI: | http://eprints.intimal.edu.my/id/eprint/1211 |
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