Transcription of MALAYSIAN CODE ON CORPORATE GOVERNANCE
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MALAYSIAN CODE ON CORPORATE GOVERNANCE
MALAYSIAN code ON CORPORATE GOVERNANCEMALAYSIAN code ON CORPORATE GOVERNANCE MALAYSIAN code ON CORPORATE GOVERNANCE Securities Commission Malaysia3 Persiaran Bukit KiaraBukit Kiara50490 Kuala LumpurTel: +603 6204 8000 Fax: +603 6201 5078 COPYRIGHT 2017 Securities Commission MalaysiaAll rights reserved. No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted in any form or by any means (graphical, electronic, mechanical, photocopying, recording, taping or otherwise), without the prior written permission of the Securities Commission in April GOVERNANCE MATTERS 1 THE MALAYSIAN code ON CORPORATE GOVERNANCE 2 COMPREHEND, APPLY AND REPORT 4 STRUCTURE 10 PRINCIPLE A 12 Board Leadership and Effectiveness Board Responsibilities 12 Board Composition 22 Remuneration 30 PRINCIPLE B 34 Effective Audit and Risk Management Audit Committee 34 Risk Management
MALAYSIAN CODE ON CORPORATE GOVERNANCE 2 2.1 The Malaysian Code on Corporate Governance (MCCG) introduced in 2000 has been a significant tool for corporate governance reform, and has influenced corporate governance practices of companies positively.
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