Securities Commission's MCCG 2021 has addressed key concerns regarding the independence of directors, women’s representation on the boards of companies, and remuneration issues
THE Malaysian Code of Corporate Governance (MCCG) was first introduced in 2000 and along with the changing corporate landscape and financial scandals that came along with it, both internationally and locally, the MCCG has evolved to ensure it remains relevant, realistic and adopts the best practices.
Over the years, the MCCG has gone through four key upgrades in 2007,2012,2017, and the latest, the 2021 update, which was released last week by the Securities Commission (SC).
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