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
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