An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.]
Limited Liability Partnership (LLP) is an additional form of business entity available for an entrepreneur who decides to carry on a business in Malaysia. The Companies Commission of Malaysia introduces this business entity under the Limited Liability Partnership Act (LLPA) in 2012. This paper looks...
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| Format: | Article |
| Language: | en |
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Universiti Teknologi MARA
2021
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| Online Access: | https://ir.uitm.edu.my/id/eprint/48493/1/48493.pdf https://ir.uitm.edu.my/id/eprint/48493/ http://jas.uitm.edu.my/ |
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| _version_ | 1833068678032130048 |
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| author | Abdul Rahman, Hamizah Mohd Zain, Nor Razinah Abdul Ghadas, Zuhairah Ariff Tengku Zainal Mulok, Tengku Adida Othman, Nurul Syahira Osman, Ghazali Hassan, Muhammad Syafiq Nadarajan, Ravindran |
| author_facet | Abdul Rahman, Hamizah Mohd Zain, Nor Razinah Abdul Ghadas, Zuhairah Ariff Tengku Zainal Mulok, Tengku Adida Othman, Nurul Syahira Osman, Ghazali Hassan, Muhammad Syafiq Nadarajan, Ravindran |
| author_sort | Abdul Rahman, Hamizah |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | Limited Liability Partnership (LLP) is an additional form of business entity available for an entrepreneur who decides to carry on a business in Malaysia. The Companies Commission of Malaysia introduces this business entity under the Limited Liability Partnership Act (LLPA) in 2012. This paper looks into the history of the legislation of LLPA in Malaysia while using the doctrinal approach in analysing the nature of LLP. The conceptual understanding of LLP and a valid definition of LLP is presented by referring to provisions of LLPA. Evaluation of the best features of LLP is provided, and the important provisions of LLPA are included and discussed in details. This paper also reviews the relevant authorities and their responsibilities in monitoring LLP in Malaysia. By doing so, a clear exposure in the application of LLP can be provided. Finally, a recommendation for future research and a conclusion is provided at the end of the paper. |
| format | Article |
| id | my.uitm.ir-48493 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2021 |
| publisher | Universiti Teknologi MARA |
| record_format | eprints |
| spelling | my.uitm.ir-484932021-07-05T09:06:36Z https://ir.uitm.edu.my/id/eprint/48493/ An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.] jas Abdul Rahman, Hamizah Mohd Zain, Nor Razinah Abdul Ghadas, Zuhairah Ariff Tengku Zainal Mulok, Tengku Adida Othman, Nurul Syahira Osman, Ghazali Hassan, Muhammad Syafiq Nadarajan, Ravindran Personal finance. Financial literacy Financial management. Business finance. Corporation finance Trust services. Trust companies Investment, capital formation, speculation Limited Liability Partnership (LLP) is an additional form of business entity available for an entrepreneur who decides to carry on a business in Malaysia. The Companies Commission of Malaysia introduces this business entity under the Limited Liability Partnership Act (LLPA) in 2012. This paper looks into the history of the legislation of LLPA in Malaysia while using the doctrinal approach in analysing the nature of LLP. The conceptual understanding of LLP and a valid definition of LLP is presented by referring to provisions of LLPA. Evaluation of the best features of LLP is provided, and the important provisions of LLPA are included and discussed in details. This paper also reviews the relevant authorities and their responsibilities in monitoring LLP in Malaysia. By doing so, a clear exposure in the application of LLP can be provided. Finally, a recommendation for future research and a conclusion is provided at the end of the paper. Universiti Teknologi MARA 2021-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/48493/1/48493.pdf An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.]. (2021) Journal of Administrative Science <https://ir.uitm.edu.my/view/publication/Journal_of_Administrative_Science/>, 18 (1). pp. 268-277. ISSN (eISSN) : 2600-9374 http://jas.uitm.edu.my/ |
| spellingShingle | Personal finance. Financial literacy Financial management. Business finance. Corporation finance Trust services. Trust companies Investment, capital formation, speculation Abdul Rahman, Hamizah Mohd Zain, Nor Razinah Abdul Ghadas, Zuhairah Ariff Tengku Zainal Mulok, Tengku Adida Othman, Nurul Syahira Osman, Ghazali Hassan, Muhammad Syafiq Nadarajan, Ravindran An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.] |
| title | An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.] |
| title_full | An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.] |
| title_fullStr | An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.] |
| title_full_unstemmed | An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.] |
| title_short | An analysis on nature of limited liability partnerships in Malaysia / Hamizah Abdul Rahman … [et al.] |
| title_sort | analysis on nature of limited liability partnerships in malaysia / hamizah abdul rahman … [et al.] |
| topic | Personal finance. Financial literacy Financial management. Business finance. Corporation finance Trust services. Trust companies Investment, capital formation, speculation |
| url | https://ir.uitm.edu.my/id/eprint/48493/1/48493.pdf https://ir.uitm.edu.my/id/eprint/48493/ http://jas.uitm.edu.my/ |
| url_provider | http://ir.uitm.edu.my/ |
