Corporate Governance, Transparency and Performance of Malaysian Companies

The paper aims to examine the effect of good corporate governance practices on corporate transparency and performance Malaysian listed companies

Developing a corporate governance reporting score for the Malaysian banking sector / Siti Nurain Muhmad, Hafiza Aishah Hashim and Mohd Hassan Che Haat.

There is a limited study on banking institution in Malaysia, especially the ones related to the corporate governance reporting of banks. The main objective of this study is to develop the Malaysian Bank Governance Reporting Score (MBGRS) for banking institutions in Malaysia. In these recent years, Bank Negara Malaysia has issued guidelines on corporate governance for banking institutions. Thus, it leads to the development of bank governance reporting score in order to measure the commitment of bank towards corporate governance. The overall finding of bank governance reporting score revealed that there is a lack of reporting in areas such as Board Structures, Duties and Effectiveness, Accountability and Audit, and Shareholder Rights. The findings provide a signal to identify the lack of area for the improvement in corporate governance of the banking sector in Malaysia

Exploring the relationship between carbon performance, carbon reporting and firm performance: A conceptual paper

In recent years, there has been an increased interest in carbon information disclosure.This research aims to examine carbon reporting practices of Malaysian companies.Further analysis will be conducted to examine the influence of internal organizational factors on the carbon reporting practices.The relationship between carbon performance, carbon reporting and firm performance will be investigated. This paper also explores the moderating effect of the corporate governance quality on the relationship between carbon reporting practices and firm performance.The findings from this study have a significant contribution to carbon reporting literature, Malaysian companies, government and accounting regulation body

MÉDIA VISUAL DINA PANGAJARAN NULIS GUGURITAN DI KELAS VIII SMPN 15 BANDUNG : STUDI KUASI ÉKSPÉRIMÉN

Penelitian ini bertitik tolak dari masalah apakah media visual bisa meningkatkan kemampuan siswa dalam pembalajaran menulis guguritan. Maka dari itu skripsi ini berjudul “Media Visual dina Pangajaran Nulis Guguritan di Kelas VIII SMPN 15 Bandung” yang bertujuan untuk menguji efektivitas media visual untuk meningkatkan kemampuan siswa dalam menullis guguritan siswa kelas VIII SMPN 15 Bandung. Metode yang digunakan dalam penelitian ini adalah studi kuasi eksperimen dengan menggunakan desain penelitian prates dan pascates. Sumber data dalam menulis guguritan sebanyak 39 yang diambil dari satu kelas, yakni kelas VIII B SMPN 15 Bandung. Dari hasil analisis, ditemukan bahwa, media visual dapat digunakan dalam pembelajaran menulis guguritan. Hasil kemampuan dalam prates (sebelum menggunakan media visual), siswa yang sudah menguasai bahan pembelajaran menulis guguritan sebanyak 1 orang atau 2,56%, dan yang belum menguasai bahan pembelajaran menulis guguritan sebanyak 38 orang atau 97,44%. Uji normalitas dalam prates, menghasilkan data normal dengan perhitungan x2itung ttabél (36,84 > 2,42). Dengan demikian penelitian ini membuktikan bahwa media visual efektif dalam pembelajaran menulis guguritan di kelas VIII SMPN 15 Bandung

Parto y alumbramiento en las adolescentes

Esta videocinta esta diseñada para aquellos jóvenes que se enfrentan a una gran responsabilidad de ser padres a temprana edad sin estar preparados, este vídeo presenta dos casos en donde le enseñan al adolescente el proceso del parto y que hacer en su momento

Financial Risk Ratios and Earnings Management: Reducing Uncertainties in Shariah-compliant Companies

This study examines whether Shariah-compliant companies practice earnings management by investigating the relationship among the risk of financial distress, leverage, and free cash flow in discretionary accruals, which function as a substitute for earnings management. This empirical research is conducted on a sample of Malaysian Shariah-compliant companies from all industries in Bursa Malaysia from 2012 to 2014. Results show that Shariah-compliant companies are highly influenced by the risk of financial distress, leverage, and free cash flow. This study argues that working as either Shariah-compliant or non-Shariah-compliant does not affect the level of earnings management through financial distress, high leverage, and free cash flow by managers. Results should be of interest to stakeholders, shareholders, and regulatory bodies (i.e., the Shariah Advisory Council and the Securities Commission) that oversee the accountability of corporate financial reporting to prevent earnings management in Shariah-compliant companies. Findings can also aid relevant authorities (i.e., the Shariah Advisory Council and the Security Commission) in Malaysia in overcoming or reducing problems related to earnings management. This study is one of the most significant works in Malaysia in terms of sample size and methodology. It argues that the three elements of earnings management (i.e., financial distress, high leverage, and free cash flow) influence better disclosure of reported earnings

Corporate governance, transparency and performance of Malaysian companies

Purpose – The paper aims to examine the effect of good corporate governance practices on corporate transparency and performance of Malaysian listed companies. Design/methodology/approach – Samples were selected using matched-sampling method and hierarchical regression was employed to test the relationship between among corporate governance mechanism, transparency and performance. Findings – Corporate governance factors have a strong predicting power on company performance, mainly due to debt monitoring and foreign ownership. However, there is a significant negative relation between audit quality and performance. The results find that performance is not associated with the level of disclosure and timely reporting. The results indicate that disclosure and timeliness are not significant contributing factors in the relationship between corporate governance and market performance. Research limitations/implications – The data covers a one-year period of 2002 only. This paper deals only with “one-way” causality running from corporate governance mechanisms to performance, even though, there is evidence of “reverse-way” and “two-way” causality in governance literature. Practical implications – This paper indicates that internal governance mechanisms are not important determinants to corporate performance. However, governance in forms of debt monitoring and foreign ownership have significant influence on corporate performance. Transparency (i.e. disclosure and timeliness of reporting) is not a significant mediating variable between corporate governance and performance. Originality/value – Distinct from previous empirical research as the disclosure level is measured using self-designed corporate governance index. Apart from a study conducted in an Asian setting of Malaysia, the study also tests transparency as a mediating variable between corporate governance and performanceBusiness performance, Corporate governance, Malaysia, Shareholder value analysis

Risk reporting: An exploratory study on risk management disclosure in Malaysian annual reports

Purpose – The purpose of this paper is to explore the availability of risk disclosures in the annual reports of Malaysian companies by focusing on the non-financial section of the reports. In addition, the paper aims to empirically test the sampled companies' characteristics and to compare the levels of risk faced by these companies with the disclosures made. Design/methodology/approach – The method used in this study is content analysis. A total of 100 listed companies' annual reports were analyzed in order to trace the extent of risk disclosure and the relationship against firm characteristic and diversification strategy were tested. Stakeholder theory was used in explaining the linkages between the variables. Findings – The total number of sentences dedicated for discussion of risk information by the sampled Malaysian companies is very much less when compared to a 2006 study done by Lisley and Shrives in the UK. Size does matter and proven significant by the regression results. This finding is expected and explainable from stakeholder theory. Research limitations/implications – Future research is encouraged to look deeper into the different variables that may be involved. The development of a local risk measurement checklist will help researchers to better reflect on the findings in the local context. Practical implications – Findings in regards of the current state of risk disclosure should be of concern to relevant reg ulatory bodies. Originality/value – This paper provides an initial understanding of risk management disclosure practices in Malaysia. The government, through various relevant parties, should devise the means to enhance companies' involvement in risk management disclosure practices.Annual reports, Disclosure, Malaysia, Risk management