Corporate governance and corporate failure in the context of agency theory / Azlinda Mohamad

Corporate failure involves the cessation of trading or activity of a business, which is generally preceded by financial distress. Poor corporate governance has been identified as one of the factors that contributes to corporate failure. As an effort to prevent corporate failures, corporate governanc...

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Main Author: Mohamad, Azlinda
Format: Thesis
Language:English
Published: 2009
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/89284/1/89284.pdf
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spelling my-uitm-ir.892842024-01-14T17:28:27Z Corporate governance and corporate failure in the context of agency theory / Azlinda Mohamad 2009-10 Mohamad, Azlinda Organizational behavior. Corporate culture Corporate failure involves the cessation of trading or activity of a business, which is generally preceded by financial distress. Poor corporate governance has been identified as one of the factors that contributes to corporate failure. As an effort to prevent corporate failures, corporate governance reforms have been undertaken worldwide in an attempt to improve corporate governance. This is because a good governance structure would ensure that the roles and responsibilities of stakeholders and management would be well defined and strictly adhered to. This study aims to investigate the impact of corporate governance mechanisms on financially distressed companies which is proxied by PN4 and PN17 status (Practice Note 4 and Practice Note 17) of Malaysian public listed companies for a three year period from 1 January 2004 to 31 December 2006. In general, the aim of this study is to increase the understanding and to provide new empirical evidence of the impact of corporate governance attributes on the poor performance of companies in Malaysia and to test the robustness of the agency theory in the context of corporate governance. The research is concerned with three corporate governance mechanisms: board structure, ownership structure and internal control. 2009-10 Thesis https://ir.uitm.edu.my/id/eprint/89284/ https://ir.uitm.edu.my/id/eprint/89284/1/89284.pdf text en public masters Universiti Teknologi MARA, Terengganu Faculty of Accountancy Darus, Faizah
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Darus, Faizah
topic Organizational behavior
Corporate culture
spellingShingle Organizational behavior
Corporate culture
Mohamad, Azlinda
Corporate governance and corporate failure in the context of agency theory / Azlinda Mohamad
description Corporate failure involves the cessation of trading or activity of a business, which is generally preceded by financial distress. Poor corporate governance has been identified as one of the factors that contributes to corporate failure. As an effort to prevent corporate failures, corporate governance reforms have been undertaken worldwide in an attempt to improve corporate governance. This is because a good governance structure would ensure that the roles and responsibilities of stakeholders and management would be well defined and strictly adhered to. This study aims to investigate the impact of corporate governance mechanisms on financially distressed companies which is proxied by PN4 and PN17 status (Practice Note 4 and Practice Note 17) of Malaysian public listed companies for a three year period from 1 January 2004 to 31 December 2006. In general, the aim of this study is to increase the understanding and to provide new empirical evidence of the impact of corporate governance attributes on the poor performance of companies in Malaysia and to test the robustness of the agency theory in the context of corporate governance. The research is concerned with three corporate governance mechanisms: board structure, ownership structure and internal control.
format Thesis
qualification_level Master's degree
author Mohamad, Azlinda
author_facet Mohamad, Azlinda
author_sort Mohamad, Azlinda
title Corporate governance and corporate failure in the context of agency theory / Azlinda Mohamad
title_short Corporate governance and corporate failure in the context of agency theory / Azlinda Mohamad
title_full Corporate governance and corporate failure in the context of agency theory / Azlinda Mohamad
title_fullStr Corporate governance and corporate failure in the context of agency theory / Azlinda Mohamad
title_full_unstemmed Corporate governance and corporate failure in the context of agency theory / Azlinda Mohamad
title_sort corporate governance and corporate failure in the context of agency theory / azlinda mohamad
granting_institution Universiti Teknologi MARA, Terengganu
granting_department Faculty of Accountancy
publishDate 2009
url https://ir.uitm.edu.my/id/eprint/89284/1/89284.pdf
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