The development of corporate govern

The development of corporate governance in Malaysia during the last decade can be summarized as follows:
 Section 334 of the KLSE listing requirement requires all listed companies to establish audit committee with effect from August 1st 1994.
 The establishment of Malaysian Institute of Corporate Governance (MICG) on March 10th 1998 as public company limited by guarantee under the Company Act 1965.
 On 24 March 1998, the government announced in the Parliament that a committee, known as High Level Finance Committee, will determine corporate governance framework and establish good practices for industry.
 The Security Commission was empowered to further enforce the laws and regulations to ensure compliance.
 The Finance Committee on Corporate Governance has published the Malaysian Code on Corporate Governance in January 2001. The code outlines the principles and the good practice for structures and processes to be used by firms.
 The KLSE Listing Requirement published/dedicate a chapter discussing corporate governance practices in January 2001.
 The establishment of Minority Shareholder Watchdog Group on July 2nd 2001 as non-profit making public company limited by guarantee under the Company Act 1965, with the objective to increase activities among minority shareholders (Nasir, 2003).

The development of corporate governance in Malaysia during the last decade can be summarized as follows: 
 Section 334 of the KLSE listing requirement requires all listed companies to establish audit committee with effect from August 1st 1994.
 The establishment of Malaysian Institute of Corporate Governance (MICG) on March 10th 1998 as public company limited by guarantee under the Company Act 1965.
 On 24 March 1998, the government announced in the Parliament that a committee, known as High Level Finance Committee, will determine corporate governance framework and establish good practices for industry.
 The Security Commission was empowered to further enforce the laws and regulations to ensure compliance.
 The Finance Committee on Corporate Governance has published the Malaysian Code on Corporate Governance in January 2001. The code outlines the principles and the good practice for structures and processes to be used by firms.
 The KLSE Listing Requirement published/dedicate a chapter discussing corporate governance practices in January 2001.
 The establishment of Minority Shareholder Watchdog Group on July 2nd 2001 as non-profit making public company limited by guarantee under the Company Act 1965, with the objective to increase activities among minority shareholders (Nasir, 2003).

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Pengembangan tata kelola perusahaan di Malaysia selama dekade terakhir dapat diringkas sebagai berikut:  334 bagian dari persyaratan daftar KLSE mewajibkan semua terdaftar perusahaan untuk mendirikan Komite dengan efek dari 1 Agustus 1994 audit. pembentukan Malaysia Institute of Corporate Governance (MICG) pada tanggal 10 Maret 1998 sebagai perusahaan publik yang dibatasi oleh jaminan perusahaan Act 1965. Pada tanggal 24 Maret 1998, pemerintah mengumumkan di parlemen Komite, dikenal sebagai Komite Keuangan tingkat tinggi, akan menentukan kerangka kerja tata kelola dan membangun praktek-praktek yang baik untuk industri. Komisi keamanan diberdayakan untuk lebih lanjut menegakkan hukum dan peraturan untuk memastikan kepatuhan. Komite Keuangan tentang tata kelola perusahaan telah menerbitkan kode Malaysia pada tata kelola perusahaan pada Januari 2001. Kode menguraikan prinsip-prinsip dan praktik yang baik untuk struktur dan proses untuk digunakan oleh perusahaan. KLSE daftar persyaratan diterbitkan/mendedikasikan sebuah bab membahas praktik tata kelola perusahaan pada Januari 2001. pembentukan kelompok pengawas pemegang saham minoritas pada tanggal 2 Juli 2001 sebagai nirlaba membuat umum perusahaan terbatas dengan jaminan di bawah perusahaan Act 1965, dengan tujuan untuk meningkatkan kegiatan antara pemegang saham minoritas (Nasir, 2003).

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