ENTERPRISE RISK MANAGEMENT AND VALUE CREATION: INITIAL FINDINGS AMONGST NON-FINANCIAL PUBLIC LISTED COMPANIES IN MALAYSIAN BOURSE
Journal Title: Asian Economic and Financial Review - Year 2013, Vol 3, Issue 7
Abstract
This study aims to highlight whether the implementation of Malaysian Code of Corporate Governance (MCCG) in 2000 and the revise version in 2007 gives impact to enterprise risk management (ERM) and creates value for companies listed in the Malaysian Bourse. Using a standard and reliable variables with acceptable testing methods provide justifiable methodology of testing. From test result, it is found that MCCG2000 produces more impact compares to MCCG2007. Nonetheless, caveat should be in place as these are only initial findings with a long road ahead for confirmation.
Authors and Affiliations
Zahiruddin Ghazali| Department of Finance School of Economics, Finance and Banking College of Business Universiti Utara Malaysia, Sintok, Kedah, Malaysia, Norlida Abdul Manab| Department of Banking and Risk Management School of Economics, Finance and Banking College of Business Universiti Utara Malaysia, Sintok, Kedah, Malaysia
Keywords
Related Articles
- EP ID EP1936
- DOI -
- Views 494
- Downloads 37
FACTORS INFLUENCING SUCCESSFUL BRAND EXTENSION INTO RELATED AND UNRELATED PRODUCT CATEGORIES
This study describes the study that analyzes the factors influencing successful brand extension. Specifically the study analyze the impact of similarity, brand reputation, perceived risk and consumer innovativeness on th...
Good Money’ Chasing ‘Bad Money’: Implications for MFIs Management and Governance in Ghana
Despite the conviction that microfinance is able to reduce poverty among low income groups, one challenge that still remains in the sector is high default rate.
Exports-Led Growth Hypothesis in Pakistan: Further Evidence
The study considers the exports-led growth hypothesis using quarterly dataover the period 1990-2008 in case of Pakistan. For this purpose, Ng-Perronunit root test, ARDL bounds testing approach to cointegration and errorc...
FOREIGN DIRECT INVESTMENT DECISIONS INTO CHINA AND INDIA
We investigate the foreign direct investment projects of the multinational companies into the two major BRIC countries: India and China. Our results indicate that wage levels and country population and GDP growth are the...
THE EFFECT OF CORRUPTION ON FIRM GROWTH: EVIDENCE FROM FIRMS IN TURKEY
To our knowledge, there is no micro-level study paying attention to the influence of corruption on firm growth. We aim to fill this gap in the literature. This paper therefore contributes to the limited literature on the...