Question: QUESTION 1 Corporate governance is the process and structure used to direct and manage the business and affairs of the company towards enhancing business prosperity

QUESTION 1 Corporate governance is the process

QUESTION 1 Corporate governance is the process and structure used to direct and manage the business and affairs of the company towards enhancing business prosperity and corporate accountability with the ultimate objective of realising long-term shareholders value, whilst taking into account the interests of other stakeholders. (Finance Committee, 1999, p. 1) Required: (a) State any TWO (2) regulators and describe their involvements in shaping corporate governance practices in Malaysia. [4 marks] (b) All organisations need to have good corporate governance practices. Discuss THREE (3) significance of having good corporate governance to the stakeholders and country as a whole. [6 marks]

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