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Download fileThe appointment of directors and corporate governance in Malaysian firms
conference contribution
posted on 2017-12-06, 00:00 authored by MS Tan, S SendjayaCorporate governance in many Asian nations is characterized by close-knit networks among market players. This paper examines the influence of major shareholders in the Malaysian largest publicly listed firms on the governance system of the firm. A survey among the largest listed firms in Malaysia is carried out to shed light on the influence of majority shareholder on directors’ tenure and the association of directors to their firms. Concentrated ownership is found to be entrenched and directors have a close and intimate relationship with firm insiders. This has a serious implication on the implementation and enforcement of good corporate governance system and the development of labour market for professional directors.
Funding
Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)
History
Editor
Kennedy J; Di Milia VParent Title
Proceedings of the 20th ANZAM Conference [electronic resource] : Management : pragmatism, philosophy, prioritiesStart Page
1End Page
15Number of Pages
15Start Date
2006-01-01ISBN-10
1921047348Location
Yeppoon, Qld.Publisher
Australian and New Zealand Academy of Management,Place of Publication
Lindfield, NSWPeer Reviewed
- Yes
Open Access
- No
External Author Affiliations
International conference; Monash University;Era Eligible
- No