82% of investors said corporate governance is as important as financial issues, most would be willing to pay a 22% premium for well-governed firms & stock price increased by 5% after implementation of MCCG (4, 5, 11)
Actions, processes & procedures that will help companies to achieve the Intended Outcome (9)
Claims that corporations should operate for the benefit of all who have a stake in the company (11, 6)
Financial Sector Master Plan & Capital Market Master Plan (5, 7)
Gives assistance to companies on how to apply the Practices (8)
Gives companies the line of sight on what they will achieve through the application of the practices (8, 7)
Mandatory reporting on state of compliance allowed the public to assess the standard of a compliance with MCCG by public listed companies (5, 3, 2, 7)
MCCG 2012: Listed companies required to disclose their state of compliance with the MCCG in their annual reports even though compliance is voluntary (5, 5, 2, 7)
Not mandatory but encourage companies to go a step further in strengthening their governance practices & procedures (4, 2, 9)
Only applies to Public Listed companies (meaning state-owned, SMEs & licensed intermediaries are exempt) & some practices only apply to Large companies (11, 2, 3, 4)
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