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The appointment of directors and corporate governance in Malaysian firms

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conference contribution
posted on 06.12.2017, 00:00 by MS Tan, S Sendjaya
Corporate 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 V

Parent Title

Proceedings of the 20th ANZAM Conference [electronic resource] : Management : pragmatism, philosophy, priorities

Start Page

1

End Page

15

Number of Pages

15

Start Date

01/01/2006

ISBN-10

1921047348

Location

Yeppoon, Qld.

Publisher

Australian and New Zealand Academy of Management,

Place of Publication

Lindfield, NSW

Peer Reviewed

Yes

Open Access

No

External Author Affiliations

International conference; Monash University;

Era Eligible

No

Name of Conference

Australian and New Zealand Academy of Management. International conference

Usage metrics

CQUniversity

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