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Posted: July 13th, 2022
Comprehensive Corporate Governance Assignment | Homework For You
Malaysia was the first in Asia to introduce a comprehensive corporate governance code in 2000. Revisions were introduced in 2007 and 2011, giving Malaysia one of the most comprehensive set of corporate governance guidelines and rules. In 2017, Malaysia introduced the Malaysian Code of Corporate Governance of 2017 (MCCG 2017). This new code was described as, “… an important milestone in Malaysia’s continued journey in promoting good corporate governance to ensure the sustainability and resilience of the capital market.
It serves as a compass for boards to steer their companies forward and deepen understanding on the importance of corporate governance,” Media Release, SC Releases New Malaysian Code on Corporate Governance to Strengthen Corporate Culture, accessed 18th August 2017. However, in the Transparency International Corruption Index, which measures corrupt practices in business in countries surveyed, Malaysia scores 49 out of 100. In the Transparency International Corruption Perception Index Malaysia is ranked 55 and Singapore our closest neighbor is ranked 7 in the World. Assignment answer needed : *PLEASE SEPARATE THE WORD COUNTS EVENLY
Part A – Why is there a gap between perception of good corporate governance and the reality of corrupt practices ( with company law Malaysia )? Take a stand – back up your arguments convincingly with credible examples to back the arguments.
Part B – Suggest remedies that may further help improve and strengthen the corporate governance initiatives in Malaysia. – Recommendations from examples of more successful corporate governance implementations from other countries with similar legal system as Malaysia such as the UK, Australia and even the USA. – Please show examples in other countries with similar legal system as Malaysia such as the UK, Australia and even the USA with connected in how it can improve and strengthen the corporate governance initiatives in Malaysia. Business Law Assignment: I need help writing a research paper.
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