Cover Image

Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak

Under Section 343 (1) of Malaysian Companies Act 2016, all public companies are statutorily required to prepare, record and keep their minutes after the general meeting was held. However, starting in 2016, revised Bursa Malaysia Listing Requirements under Chapter 9.21 Paragraph 2(b) only require all...

Full description

Saved in:
Bibliographic Details
Main Authors: Mohd Ariffin, Mohd Shazwan, Wan-Hussin, Wan Nordin, Abdul Malak, Siti Seri Delima
Format: Article
Language:English
Published: Universiti Teknologi MARA 2020
Subjects:
J General legislative and executive papers
Public administration
Records management
Online Access:http://ir.uitm.edu.my/id/eprint/47363/1/47363.pdf
http://ir.uitm.edu.my/id/eprint/47363/
http://jas.uitm.edu.my/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.47363
record_format eprints
spelling my.uitm.ir.473632021-06-13T02:30:23Z http://ir.uitm.edu.my/id/eprint/47363/ Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak Mohd Ariffin, Mohd Shazwan Wan-Hussin, Wan Nordin Abdul Malak, Siti Seri Delima J General legislative and executive papers Public administration Records management Under Section 343 (1) of Malaysian Companies Act 2016, all public companies are statutorily required to prepare, record and keep their minutes after the general meeting was held. However, starting in 2016, revised Bursa Malaysia Listing Requirements under Chapter 9.21 Paragraph 2(b) only require all public listed companies to publish a summary of key matters discussed at the AGM as soon as possible, after the conclusion of the AGM. The future of AGM minutes is still uncertain as most of the companies are reluctant to disclose their AGM minutes. Instead, they choose to merely comply to the minimum requirements such as the key matters discussed. This paper provides descriptive insights on the AGM minutes based on the level of disclosure especially since this matter had been raised by the Minority Shareholders Watch Group (MSWG) through the Malaysia-ASEAN Corporate Governance report in 2010. Based on the data collected from the MSWG report, the general overview showed that majority of all Malaysian listed companies were unwilling to publish AGM minutes on their corporate websites. This paper examines the importance of disclosure of AGM minutes on corporate websites based on the practical, regulatory and literature perspectives. Guided by the question, “Do you think it is a good move to conduct virtual AGM meetings during an unpleased situation?” this paper may serve as a starting point to further empirical testing or measurements to examine the determinants for AGM minutes. Universiti Teknologi MARA 2020-06 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/47363/1/47363.pdf ID47363 Mohd Ariffin, Mohd Shazwan and Wan-Hussin, Wan Nordin and Abdul Malak, Siti Seri Delima (2020) Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak. Journal of Administrative Science, 17 (1). pp. 78-95. ISSN 1675-1302 http://jas.uitm.edu.my/
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
topic J General legislative and executive papers
Public administration
Records management
spellingShingle J General legislative and executive papers
Public administration
Records management
Mohd Ariffin, Mohd Shazwan
Wan-Hussin, Wan Nordin
Abdul Malak, Siti Seri Delima
Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak
description Under Section 343 (1) of Malaysian Companies Act 2016, all public companies are statutorily required to prepare, record and keep their minutes after the general meeting was held. However, starting in 2016, revised Bursa Malaysia Listing Requirements under Chapter 9.21 Paragraph 2(b) only require all public listed companies to publish a summary of key matters discussed at the AGM as soon as possible, after the conclusion of the AGM. The future of AGM minutes is still uncertain as most of the companies are reluctant to disclose their AGM minutes. Instead, they choose to merely comply to the minimum requirements such as the key matters discussed. This paper provides descriptive insights on the AGM minutes based on the level of disclosure especially since this matter had been raised by the Minority Shareholders Watch Group (MSWG) through the Malaysia-ASEAN Corporate Governance report in 2010. Based on the data collected from the MSWG report, the general overview showed that majority of all Malaysian listed companies were unwilling to publish AGM minutes on their corporate websites. This paper examines the importance of disclosure of AGM minutes on corporate websites based on the practical, regulatory and literature perspectives. Guided by the question, “Do you think it is a good move to conduct virtual AGM meetings during an unpleased situation?” this paper may serve as a starting point to further empirical testing or measurements to examine the determinants for AGM minutes.
format Article
author Mohd Ariffin, Mohd Shazwan
Wan-Hussin, Wan Nordin
Abdul Malak, Siti Seri Delima
author_facet Mohd Ariffin, Mohd Shazwan
Wan-Hussin, Wan Nordin
Abdul Malak, Siti Seri Delima
author_sort Mohd Ariffin, Mohd Shazwan
title Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak
title_short Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak
title_full Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak
title_fullStr Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak
title_full_unstemmed Annual general meeting minutes value creation: moving forward / Mohd Shazwan Mohd Ariffin, Wan Nordin Wan-Hussin and Siti Seri Delima Abdul Malak
title_sort annual general meeting minutes value creation: moving forward / mohd shazwan mohd ariffin, wan nordin wan-hussin and siti seri delima abdul malak
publisher Universiti Teknologi MARA
publishDate 2020
url http://ir.uitm.edu.my/id/eprint/47363/1/47363.pdf
http://ir.uitm.edu.my/id/eprint/47363/
http://jas.uitm.edu.my/
_version_ 1703963431060635648
score 13.211869

Similar Items