Trust as a basis for business strategy

Lim believes there is value-add to having better governance at companies.

The effects and impact of ongoing efforts to solidify corporate governance -- with the end-game being self-governance -- are often seen from a longer-term perspective, when one steps back and sees how far we have come in the last four years and even more importantly, from 2000 under the Malaysian Code on Corporate Governance (MCCG) to now. Additionally and significantly, Malaysia moved up in the ranking by the Asian Corporate Governance Association (ACGA) by four places, from seventh to third place, in the ACGA 2018 ranking.

There is a strong regulatory framework in place, despite the odd incidence of a scandal, which points to the growth and improvement in the process of corporate governance.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

CPO futures likely to trend lower next week
Oil ends week lower as demand concerns face Russia supply ban
CapBay empowers SMEs, offers investment opportunities
BFood aims higher amid rising competition
Bearish stance on bonds and currency
Steady outlook for luxury condominium segment
No major change in salaries
Short position: Narrowing of valuation discounts, Food for thought
Long way to go for Malaysian carbon market
CEO shares insights into group’s outlook

Others Also Read