Corporate Governance Practices: Reporting Quality and Business Sustainability of Firms in Malaysia

Author: Takiah Mohd. Iskandar, Zuraidah Mohd Sanusi & Nor Hazwani Hassan
Publisher: UKM Press
ISBN: 9789674126025 
Weight: 0.360kg
Pages: 250pp
Year: 2018
Price: RM40.00

Corporate governance provides a controlling and monitoring mechanism to manage an organization. The mechanism comprises elements of process, structure and accountability. The process ensures that the conduct of the business is in accordance with the established system, which comprises policies and procedures that enhance the prosperity and integrity of the organization. The corporate governance structure establishes the reporting line between parties involved in managing the organization and with those outsides the organization. The boards of directors are responsible to provide the leadership and directions for the management based on the established policies and procedures and are accountable for the resultant outcomes. The ultimate objective of corporate governance is to safeguard stakeholders' interests and help realize their goals of maximizing the long-term value of the organization. Corporate governance provides the guiding principles for ethical and effective management. Thus, the practice of corporate governance is fundamental to business prosperity and sustainability. This book provides empirical based explanations and discussions on the relationship between corporate governance and different dimensions of organization performance. The book bases the discussions on research findings from previous studies.