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Corporate Governance in Air Asia Berhad

The aim of this paper is to discuss the corporate governance practice in Air Asia Berhad. Corporate governance is an important topic discussed in Malaysia as the government is fully supporting corporate governance issue by introducing the Malaysia Code of Corporate Governance (MCCG) for organization...

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Main Authors: Muhammad Taufik, Mat Rais, Mohammad Rushyaidi Shahmy, Mohammad ‘Azman, Kartik Shaanmugan, Krishnasamy, Hasnah, Haron
Format: Conference or Workshop Item
Language:English
Published: Universiti Malaysia Pahang 2017
Subjects:
HD28 Management. Industrial Management
Online Access:http://umpir.ump.edu.my/id/eprint/17606/1/4.%20Corporate%20governance%20in%20air%20asia%20berhad.pdf
http://umpir.ump.edu.my/id/eprint/17606/
http://fgic.ump.edu.my/images/docman/1st-FGIC-Proceedings.pdf
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spelling my.ump.umpir.176062017-06-02T01:23:25Z http://umpir.ump.edu.my/id/eprint/17606/ Corporate Governance in Air Asia Berhad Muhammad Taufik, Mat Rais Mohammad Rushyaidi Shahmy, Mohammad ‘Azman Kartik Shaanmugan, Krishnasamy Hasnah, Haron HD28 Management. Industrial Management The aim of this paper is to discuss the corporate governance practice in Air Asia Berhad. Corporate governance is an important topic discussed in Malaysia as the government is fully supporting corporate governance issue by introducing the Malaysia Code of Corporate Governance (MCCG) for organizations in Malaysia to follow. Although there are issues on corporate governance failure appearing in the papers quite frequently, but there are also organizations that have a good corporate governance in place. This paper will discuss the corporate governance practice in one of Malaysia’s successful carrier. This paper first examines the level of corporate governance and its impact on firm performance which further branched out to board composition, financial disclosure and whistleblowing channel. Inside Air Asia Berhad, the author found that the organization fully complies with the recommendation of board composition plus they have a broad spectrum of board of directors with experience, expertise and reputation for integrity. Secondly, financial disclosure of Air Asia Berhad is fully transparent where all of the information is available in their website for investors to view and acquire. In addition, they have their own external auditors to ensure there is no manipulation of financial reports of the organizations. Thirdly, Air Asia Berhad have an internal whistle blowing channel which is delivered through email, contrasting with Dqorkin and Callahan (1993), stated that the best choice is external whistleblowing channel rather than internal as internal would create extensive form of retaliation to the employee from management. On the basis of the results of this research, it can be concluded that Air Asia Berhad, an organization in the airline industry takes corporate governance practice to its core and complying with the government effort on raising the corporate governance inside of Malaysia. Universiti Malaysia Pahang 2017 Conference or Workshop Item PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/17606/1/4.%20Corporate%20governance%20in%20air%20asia%20berhad.pdf Muhammad Taufik, Mat Rais and Mohammad Rushyaidi Shahmy, Mohammad ‘Azman and Kartik Shaanmugan, Krishnasamy and Hasnah, Haron (2017) Corporate Governance in Air Asia Berhad. In: Proceedings of the FGIC 1st Conference on Governance & Integrity, 3-4 April 2017 , Yayasan Pahang, Kuantan, Malaysia. pp. 51-61.. ISBN 978-967-2054-37-5 http://fgic.ump.edu.my/images/docman/1st-FGIC-Proceedings.pdf
institution Universiti Malaysia Pahang
building UMP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Pahang
content_source UMP Institutional Repository
url_provider http://umpir.ump.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Muhammad Taufik, Mat Rais
Mohammad Rushyaidi Shahmy, Mohammad ‘Azman
Kartik Shaanmugan, Krishnasamy
Hasnah, Haron
Corporate Governance in Air Asia Berhad
description The aim of this paper is to discuss the corporate governance practice in Air Asia Berhad. Corporate governance is an important topic discussed in Malaysia as the government is fully supporting corporate governance issue by introducing the Malaysia Code of Corporate Governance (MCCG) for organizations in Malaysia to follow. Although there are issues on corporate governance failure appearing in the papers quite frequently, but there are also organizations that have a good corporate governance in place. This paper will discuss the corporate governance practice in one of Malaysia’s successful carrier. This paper first examines the level of corporate governance and its impact on firm performance which further branched out to board composition, financial disclosure and whistleblowing channel. Inside Air Asia Berhad, the author found that the organization fully complies with the recommendation of board composition plus they have a broad spectrum of board of directors with experience, expertise and reputation for integrity. Secondly, financial disclosure of Air Asia Berhad is fully transparent where all of the information is available in their website for investors to view and acquire. In addition, they have their own external auditors to ensure there is no manipulation of financial reports of the organizations. Thirdly, Air Asia Berhad have an internal whistle blowing channel which is delivered through email, contrasting with Dqorkin and Callahan (1993), stated that the best choice is external whistleblowing channel rather than internal as internal would create extensive form of retaliation to the employee from management. On the basis of the results of this research, it can be concluded that Air Asia Berhad, an organization in the airline industry takes corporate governance practice to its core and complying with the government effort on raising the corporate governance inside of Malaysia.
format Conference or Workshop Item
author Muhammad Taufik, Mat Rais
Mohammad Rushyaidi Shahmy, Mohammad ‘Azman
Kartik Shaanmugan, Krishnasamy
Hasnah, Haron
author_facet Muhammad Taufik, Mat Rais
Mohammad Rushyaidi Shahmy, Mohammad ‘Azman
Kartik Shaanmugan, Krishnasamy
Hasnah, Haron
author_sort Muhammad Taufik, Mat Rais
title Corporate Governance in Air Asia Berhad
title_short Corporate Governance in Air Asia Berhad
title_full Corporate Governance in Air Asia Berhad
title_fullStr Corporate Governance in Air Asia Berhad
title_full_unstemmed Corporate Governance in Air Asia Berhad
title_sort corporate governance in air asia berhad
publisher Universiti Malaysia Pahang
publishDate 2017
url http://umpir.ump.edu.my/id/eprint/17606/1/4.%20Corporate%20governance%20in%20air%20asia%20berhad.pdf
http://umpir.ump.edu.my/id/eprint/17606/
http://fgic.ump.edu.my/images/docman/1st-FGIC-Proceedings.pdf
_version_ 1643668226543976448
score 13.211869

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