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The importance of effective corporate governance / Prof. Madya Shafi Mohamad

The term corporate governance came into vogue following the Asian Economic Crisis in July 1997 and has since been bandied about quite frequently in the business press. This paper looks at some of the different definitions of corporate governance as well as the importance of corporate governance. It...

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Format: Article
Language:English
Published: Universiti Teknologi MARA, Sarawak 2005
Online Access:http://ir.uitm.edu.my/id/eprint/16767/1/AJ_SHAFI%20MOHAMAD%20JAS%2005.pdf
http://ir.uitm.edu.my/id/eprint/16767/
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spelling my.uitm.ir.167672017-05-08T03:33:39Z http://ir.uitm.edu.my/id/eprint/16767/ The importance of effective corporate governance / Prof. Madya Shafi Mohamad The term corporate governance came into vogue following the Asian Economic Crisis in July 1997 and has since been bandied about quite frequently in the business press. This paper looks at some of the different definitions of corporate governance as well as the importance of corporate governance. It then looks at the core components that contribute to effective governance by looking at the model developed by the Organization for Economic Cooperation and Development (OECD) Business Sector Advisory Group on Corporate Governance, or more commonly known as the Millstein Report. It then goes on to discuss the importance of efforts to raise the awareness of corporate governance globally keeping in mind the differences in national cultures as well as differing social and economic priorities between sovereign nations. It then concludes by saying that at this point in time, a consensus on a single model of corporate governance is both unlikely and unnecessary since over time the exigencies of the capital market (market forces) will lead to increasing convergence in practice between countries. Universiti Teknologi MARA, Sarawak 2005 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/16767/1/AJ_SHAFI%20MOHAMAD%20JAS%2005.pdf UNSPECIFIED (2005) The importance of effective corporate governance / Prof. Madya Shafi Mohamad. Jurnal Akademik UiTM Sarawak. pp. 1-12. ISSN 0128-2635
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
description The term corporate governance came into vogue following the Asian Economic Crisis in July 1997 and has since been bandied about quite frequently in the business press. This paper looks at some of the different definitions of corporate governance as well as the importance of corporate governance. It then looks at the core components that contribute to effective governance by looking at the model developed by the Organization for Economic Cooperation and Development (OECD) Business Sector Advisory Group on Corporate Governance, or more commonly known as the Millstein Report. It then goes on to discuss the importance of efforts to raise the awareness of corporate governance globally keeping in mind the differences in national cultures as well as differing social and economic priorities between sovereign nations. It then concludes by saying that at this point in time, a consensus on a single model of corporate governance is both unlikely and unnecessary since over time the exigencies of the capital market (market forces) will lead to increasing convergence in practice between countries.
format Article
title The importance of effective corporate governance / Prof. Madya Shafi Mohamad
spellingShingle The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_short The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_full The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_fullStr The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_full_unstemmed The importance of effective corporate governance / Prof. Madya Shafi Mohamad
title_sort importance of effective corporate governance / prof. madya shafi mohamad
publisher Universiti Teknologi MARA, Sarawak
publishDate 2005
url http://ir.uitm.edu.my/id/eprint/16767/1/AJ_SHAFI%20MOHAMAD%20JAS%2005.pdf
http://ir.uitm.edu.my/id/eprint/16767/
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score 13.211869

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