The perspective of corporate governance reformation from the lens of institutional theory

The purpose of this conceptual paper is to address the importance of examining the link between corporate governance and foreign equity investment through the right theoretical lens. The paper focuses on the discussion of corporate governance reformation in Malaysia that gradually converged towards...

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Main Authors: Abdullah, Zaimah, Chizema, Amon, Chandren, Sitraselvi
Format: Conference or Workshop Item
Language:English
Published: 2018
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Online Access:http://repo.uum.edu.my/26077/1/ICAS%202018%20130%20135.pdf
http://repo.uum.edu.my/26077/
http://icas.my/index.php/proceedings/261-the-perspective-of-corporate-governance-reformation-from-the-lens-of-institutional-theory
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spelling my.uum.repo.260772019-05-26T01:01:07Z http://repo.uum.edu.my/26077/ The perspective of corporate governance reformation from the lens of institutional theory Abdullah, Zaimah Chizema, Amon Chandren, Sitraselvi HF5601 Accounting The purpose of this conceptual paper is to address the importance of examining the link between corporate governance and foreign equity investment through the right theoretical lens. The paper focuses on the discussion of corporate governance reformation in Malaysia that gradually converged towards Anglo-American model at the pinnacle of Asian financial crisis 1997/1998. By embracing institutional theory, the actions taken by majority of organizations in Malaysia in the aftermath of the crisis are justified and the reactions of foreign investors towards the corporate governance recuperation in Malaysia’s institutional corporate setting are explained. This paper also provides in depth explanation of the applied theory, which under the scope of neo-institutional theory that accentuated on legitimacy. Besides, this paper claims the relevant use of this theory with the subject discussed, thus argues the significant importance of theoretical aspects of the institutional context to the study of governance change and institutional dynamic setting in emerging country like Malaysia. In summary, the use of apt lens of theory to justify the reactions and actions taken by the actors is imperative as an essence to convey a period of momentous changes in the storyline of the governance change from the perspective of the foreign investors. 2018 Conference or Workshop Item PeerReviewed application/pdf en http://repo.uum.edu.my/26077/1/ICAS%202018%20130%20135.pdf Abdullah, Zaimah and Chizema, Amon and Chandren, Sitraselvi (2018) The perspective of corporate governance reformation from the lens of institutional theory. In: 5th International Conference on Accounting Studies (ICAS 2018), 16-17 October 2018, Penang, Malaysia. http://icas.my/index.php/proceedings/261-the-perspective-of-corporate-governance-reformation-from-the-lens-of-institutional-theory
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HF5601 Accounting
spellingShingle HF5601 Accounting
Abdullah, Zaimah
Chizema, Amon
Chandren, Sitraselvi
The perspective of corporate governance reformation from the lens of institutional theory
description The purpose of this conceptual paper is to address the importance of examining the link between corporate governance and foreign equity investment through the right theoretical lens. The paper focuses on the discussion of corporate governance reformation in Malaysia that gradually converged towards Anglo-American model at the pinnacle of Asian financial crisis 1997/1998. By embracing institutional theory, the actions taken by majority of organizations in Malaysia in the aftermath of the crisis are justified and the reactions of foreign investors towards the corporate governance recuperation in Malaysia’s institutional corporate setting are explained. This paper also provides in depth explanation of the applied theory, which under the scope of neo-institutional theory that accentuated on legitimacy. Besides, this paper claims the relevant use of this theory with the subject discussed, thus argues the significant importance of theoretical aspects of the institutional context to the study of governance change and institutional dynamic setting in emerging country like Malaysia. In summary, the use of apt lens of theory to justify the reactions and actions taken by the actors is imperative as an essence to convey a period of momentous changes in the storyline of the governance change from the perspective of the foreign investors.
format Conference or Workshop Item
author Abdullah, Zaimah
Chizema, Amon
Chandren, Sitraselvi
author_facet Abdullah, Zaimah
Chizema, Amon
Chandren, Sitraselvi
author_sort Abdullah, Zaimah
title The perspective of corporate governance reformation from the lens of institutional theory
title_short The perspective of corporate governance reformation from the lens of institutional theory
title_full The perspective of corporate governance reformation from the lens of institutional theory
title_fullStr The perspective of corporate governance reformation from the lens of institutional theory
title_full_unstemmed The perspective of corporate governance reformation from the lens of institutional theory
title_sort perspective of corporate governance reformation from the lens of institutional theory
publishDate 2018
url http://repo.uum.edu.my/26077/1/ICAS%202018%20130%20135.pdf
http://repo.uum.edu.my/26077/
http://icas.my/index.php/proceedings/261-the-perspective-of-corporate-governance-reformation-from-the-lens-of-institutional-theory
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score 13.211869