Tuesday, July 31, 2012
The Malaysian Institute of Integrity (IIM) has invited selected academics and professionals to a roundtable discussion at the IIM office in Jalan Duta. Basically the discussion focuses on a recent call by the government on the need for the Companies Commission of Malaysia (CCM) to re-look at the current "Malaysian Code on Corporate Governance - MCCG". In its present contexts, MCCG is very much capital market-centric, focussing on the governance of public listed companies (PLC). This role of "monitoring" the governance of PLC has been assumed very well by both the Securities Commission (SC) and Bursa Malaysia. Meanwhile, it has been commented that the governance of other sectors such as non-listed companies, small and medium industry and non-profit organizations has not reached similar coverage. Both CCM and IIM have been entrusted to lead the preliminary roundtable discussion with academics and professionals.