Legal Research Proposal on corporate governance on directors' training.final and clean. siti fairuz
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Transcript of Legal Research Proposal on corporate governance on directors' training.final and clean. siti fairuz
Research ProposalCorporate Governance Implementation In
Private Entity Company on Corporate Directors’ Training: Is it made compulsory
or voluntary, An Analytical Study.
Prepared By: Siti Fairuz Nor Azhar (P73969)
LEGAL RESEARCH METHODOLOGY LAW (UUUK 6215)
Universiti Kebangsaan Malaysia
CONTENTS OF RESEARCH PROPOSAL
Title:- Page:-
1) Research Area ... 3-52) Research Problem ... 6-113) Research statement/hypothesis ... 12-134) Research objectives ... 145) Research questions ... 156) Literature Review ... 167) Theoretical framework ... 178) Methodology – design selected ... 189) Selecting a sample ... 1910)Collecting data ... 2011)Processing data ... 2112)Chapterization ... 2213) References ... 23-25
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Collecting
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DataChapterization References
Introduction:-Under the research area, there are 3 operational process undertaken to identify thearea for research:-1) Theme selection;2) Affinity Diagram; and3) Matrix table
1) Theme selection:- brainstorming on ideas
Sexual harassment Discrimination
on genders
Cyber attack
Safety laws
OHSAS issues
Costs of hospitalization
Company law
Environmental issues
GST
Case review on controversies
cases
Security Social Media laws
Accident cases going
to work
Corporate Governance
Taxation
Minimum salary
CSR
Directors
Industrial accidents
Competition Law
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2) Affinity Diagram:-
Safety
①Accident cases going to work
② Industrial accident
③ OHSAS issues
Control or Management
① Sexual Harassment
② Discrimination
③ Case review on controversial cases
Cost
①Taxation
② Costs of private hospitals'
③ Minimum salary
④ GST
Security
①Cyber attack
② Social Media laws
③ Corporate Governance
④ Competition Law
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3) Matrix Table:-
Security problems to be evaluated by using Matrix diagram.
No. Evaluation x2 Results
My in
terest
Magn
itud
e
Level of exp
ertise
Easy To w
ork O
n
Easy To C
ollect D
ata
Relevan
ce
Logic
Seriou
sne
ss
Level of Im
po
rtance
Total
1 Cyber Attack 42
2 Social Media Laws 42
3 Corporate Governance 90
4 Competition Law 62
Problems
Criteria
Evaluation:basis for selecting subjectMarks are: ○ 5 points
△ 3 points× 1 point
20 60 10040 80
From the above evaluation, to select “Corporate Governance” theme for my research5
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Introduction:-Under the research problem, there are 2 operational process undertaken to identify theproblem:-1) Definition of the theme selected; and2) Steps in formulating a research problem.
1) Definition of the theme selected :- Corporate Governance:
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1. The concept of Corporate Governance:-Dennis & McConnell, 2003 : “a set of mechanism to ensure that outside investors get a fair return oftheir investment.”Carlson, 2001 : “Good corporate governance exists when they address two important integralaspects of corporate governance, i.e; accountability & business prosperity.
2. The elements in Corporate Governance:-Independence of the Directors and the Board of Directors as the caretaker of the interest of theshareholders and other stakeholders;Accountability:- those that hold the controlling power of the company should be made accountabletowards protecting the shareholders and other stakeholders interest.Roles & responsibility:- the directors need to understand the roles and responsibility in order tomake the right decisions in the best interest of the company.Integrity & ethical behavior:- the legal & ethical norms should act as a guide for establishing &maintaining stakeholders relationships between responsible and irresponsible notion of profitseeking.Transparency:- good corporate governance should ensure that timely & accurate disclosure is madeso as to make relevant information easily accessible by the shareholders.
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DataChapterization References
2) Steps in formulating a research problem:- (source: Kumar, Ranjit, 2011, Research Methodology, a
step-by-step guide for beginners (3rd Edition) Great Britian, TJ international Ltd., Padstow, Cornwall)
a) Step 1:- Identify: this means that I must identify a broad field or subject area of interest tome. I must ask questions to myself “What is it that really interest me as a professional?”
b) Step 2:- Dissect: this means that after choosing the theme that I really have confirmed to doresearch, I must dissect the broad area into sub areas.
c) Step 3:- Be selective: this means that out of the lists that I have dissect, I need to select subareas which I am passionate and have the motivation and necessary energy and resourcesand also manageable.
d) Step 4:- Raise research questions: this means that I must ask myself “What is it that I want tofind out about in this sub area? What is the problem faced in the theme” and etc.
e) Step 5:- Formulate objectives: this means that by this stage, I must develop objectives andsub-objectives and I must ascertain the feasibility of achieving the objectives through theresearch endeavor. In doing this, there are few matters that I need to take into considerationfor example, time constraints, financial resources and the level of expertise.
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DataChapterization References
2) Steps in formulating a research problem:- (source: Kumar, Ranjit, 2011, Research Methodology, a
step-by-step guide for beginners (3rd Edition) Great Britian, TJ international Ltd., Padstow, Cornwall)
Step 1
Identify
Theme selected: Corporate Governance
Step 2
Dissect
1. Level of transparency required
2. Is accountability practices in their true role?
3. Whistleblower and its protection?
4. The Board of Directors functions and roles
5. Board of Directors and its qualifications?
6. What are disclose in directors disclosures and its efficiency of disclosure?
7. The degree of transparency required in the financial reporting?
8. How far has the implementation and concept of risk management being applied by the companies?
9. Strengthening the relationship between shareholders and BOD?
10. The implementation of CG in private entity company?
Step 3
Select
Sub-area selected: The implementation of
corporate governance in a private entity company.
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DataChapterization References
2) Steps in formulating a research problem:- (source: Kumar, Ranjit, 2011, Research Methodology, a
step-by-step guide for beginners (3rd Edition) Great Britian, TJ international Ltd., Padstow, Cornwall)
Step 4
Raise questions
Item Issue
What is the problem?
1. Implementation of CG principles is not made mandatory for Private entity companies and directors. 2. Therefore the level of CG awareness of these private entity companies directors are low, because there
is no mechanism to monitor the directors awareness of CG and the Company’s implementation of CG principles.
Where did the problem happen? In Malaysia: specifically for private entity company.
When did the problem happen? After the 1997 Financial crisis:- Malaysia has been active in advocating the implementation of CG principles for all companies in Malaysia in order to regain back the trusts of investors to re-invest back in Malaysia.
Who caused the problem?The public listed and private entity company directors specifically the directors that did not have any knowledge about the principles of corporate governance as they were involved in financial fraud activities.
Why did it happen?
Because there is no statutory requirement or a guideline that a private entity company must implement Corporate governance in their Company operations and management and also no statutory requirement that made it a mandatory for directors of a private limited company directors must know about CG. No standardization.
To whom did this problem impact to?
If the company is managed by a director with low level of understanding of Corporate governance principals, there is a potential that the company is not managed properly and there will be a risk of mismanagement of the company. This will causes problems to the shareholders and stakeholders of the company concerned.
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Step 5
Formulate objectives
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2) Steps in formulating a research problem:- (source: Kumar, Ranjit, 2011, Research Methodology, a
step-by-step guide for beginners (3rd Edition) Great Britian, TJ international Ltd., Padstow, Cornwall)
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Step 5
Formulate objectives
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2) Steps in formulating a research problem:- (source: Kumar, Ranjit, 2011, Research Methodology, a
step-by-step guide for beginners (3rd Edition) Great Britian, TJ international Ltd., Padstow, Cornwall)
① Objective: to protect the shareholder and stakeholders interest, the implementation of the corporate
governance principles in the private entity company need to be made mandatory.
② Problem: is training for directors of a private entity company compulsory or voluntary basis? What is the gap in
the current law about directors training? How to make it mandatory? 11
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2) Research Problem:-
The relevant and important issue herein this research is how to improve the directors’ skill
so that they will carry out their duties responsibly and making sure that their actions are not
in contravention of s.132A of the Companies Act 1965? The suggested answer is for them
to have a training and continuing education regardless of whether it’s a small or big
company, private or public listed.
Why is training important for directors? Logically training should be given to directors as
they will be made aware of their roles and responsibilities under the common law and under
the statutes, other laws that are related to companies and their functions as directors, the
relevant defenses that are available to them in the event that an action is being brought
against them and their rights as directors, the board’s expectation in terms of the director’s
knowledge contribution, the nature of the company’s business, the current issues faced and
the strategies adopted by the company. Training for directors is also important so that the
directors will have the necessary knowledge in managing and bringing profits and
sustainability towards the company.
In Malaysia, training for directors’ are made compulsory especially for directors of a public
listed companies.
The Malaysia Kuala Lumpur Stock Exchange had issues out Corporate Governance Guide
for all the public listed companies. The Guide was intended to support the board and
management in their efforts to raise the bar for corporate governance. The Guide
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2) Research Problem:-
Paragraph 15.08 of the Listing Requirements emphasis on directors’ training and
paragraph 15.08(3) of the Listing Requirement mandates that a statement by the board of
directors on the directors’ training, including that the board has undertaken assessment on
training needs of each director, a brief description on the type of training needs of each
director, a brief description on the type of training that the director had attended that
financial year and justification for non-attendance. If any of the directors did not attend
training during the financial year, the board of directors must state the reason for non-
attendance in the company’s annual report.
Under the “comply or explain approach”, every public listed companies must disclose in
their annual reports about corporate governance disclosure.
However, for the private entities, there are so far no statutory requirements under the
Companies Act 1965 or any other acts or guideline that requires the private entity directors
to go for training. Although it’s a general knowledge that the Companies Commission of
Malaysia does prepare training for the private entity directors, however there is lack of
enforcement by the CCM to ensure that the directors of a private entity company are given
or attends training.
What then is the problem? The statutory requirement under S.132(1A) applies to all
directors, regardless whether their companies are public listed or private entities. Why the
need for directors training is then not standardize among all the companies regardless
whether it is public listed or not listed or a private entity
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Research statement:- in order to establish my hypothesis, I had used a diagramknown as Ishikawa diagram in order to identify the cause and effect analysis of myhypothesis. As Sherlock Holmes said in A Scandal in Bohemia: “'It is a capital mistake totheorize before one has data. Insensibly one begins to twist facts to suit theories, insteadof theories to suit facts.”
METHODMAN
MATERIAL LAWS
Winding-up
In order to
protect the
shareholder
and
stakeholders
interest, the
implementati
on of the
corporate
governance
principles in
the private
entity
company
need to be
made
mandatory.
Shareholders
remedies
Oppression by
directors Insider trading
Breach of
fiduciary
duties
Corporate
manslaughter Creditors rights
Breach of
statutory
duties
No specific statutory
requirement
No instruction from
Ministry of Domestic
Trade & Affairs
Infrastructure
of CG not firm
Malaysian Financial
Rules Standards not
standardize
Directors lack
of training
Wants to challenge the
law
Heavy workload
leads to stress &
disoriented
Poor follow
through by
management
Matters to be disclose
in the FS not
standardize
Lack of
monitoring &
enforcement
No incentiveOld legislation
Communicati
on between
ministries
weak
2 Relevant hypothesis formed:-⒜ Directors lack of training and ⒝ Matters to be
disclosed in the Financial Statement not standardize 14
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Research statement summary:-
Directors skill and know how in corporate governance principles will be enhance by
attending compulsory training → which will encourage the directors to practice their
duties towards the company, shareholders and stakeholders with the reasonable
degree of skill and care
1. To compare and identify the gap between the implementation of CG principlesbetween a PLC and a PEC. (differences in items that are reported or disclosed indirectors’ report or financial statement or audited account)
2. To identify the development of the standards of skill and care that is required by adirector.
3. For further strengthening CCM enforcement on directors training, to proposeamendment to the Companies Act on matters to be disclose in the financial reportand encourage the implementation of CG in private entity companies. To proposeenhancement of law instead of using the soft law approach.
4. To use the “Comply or Explain” approach.
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Research objective:-
1. To raise the PEC directors’ awareness and knowledge of the standards of skill andcare that is required of them.
2. To contribute a value added idea to CCM to further strengthen their approach inenforcing the private entity directors to implement the CG principles.
3. To increase Malaysia score in enforcement of corporate governance under the AsiaCG Watch.
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Research questions:-
Hence, some of the relevant questions that are at hand are :-1. Why didn’t CCM follow the footsteps of SC : ie; to make it a compulsory for private
entity companies to implement the CG principles in the operations of their company.
2. Since it’s a statutory requirement that directors are to exercise their roles andresponsibilities reasonably in managing the Company and protecting itsshareholders and stakeholders while at the same time, it’s not a must for a privateentity company to apply the CG principles in their daily operations, in what way canCCM ascertain that this directors know how to exercise the duties with reasonableskill and care? (Monitoring & enforcement)
3. What is the method that is applied by CCM to ascertain that the directors of theseprivate entity companies does not abuse its powers and exploit the Malaysian law?
4. Is the training provided by CCM to the PEC directors covered all the directors thatare registered at CCM?
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Significance of Study :-
The research is a practical one that contributes to the area of development of thecompany law and the corporate governance principles in Malaysia. After the 1997financial crisis which impacted the developing countries, outside investors were keen tolook into the report on corporate governance implementations in Asia Pacific countries,which involve Malaysia before considering to invest in Malaysia or not. The reportreferred to as CG Watch is compiled based on methodology and surveys endorsed bythe Asian Corporate Governance Association (ACGA), an independent non-profitorganization that worked on behalf of all investors and other interested parties toimprove corporate governance practice in Asia.
For example, in CG Watch Report 2007 , Malaysia was ranked 6th place in terms ofmarket rankings under CG quality
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Significance of Study (cont.):-
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Taking into consideration the importance of the CG Watch Reports, our Government have been vocal and working hard to encourage the implementation of the corporate governance principles by the companies in Malaysia so that the CG scores on the market will improve and attract more investors to invest in Malaysia.
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Significance of Study (cont.):-
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The governing body regulating public companies ie the Securities Commission introduced new rules and regulations to the listed companies to implement and comply with the corporate governance principles. Naturally in 2012, Malaysia improved on its CG scores as per below table .
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Significance of Study (cont.) :-However, if we were to look at more macro level, the developments andimplementations of the corporate governance principles in Malaysia growth does notshow remarkable positive changes.
Literally, there are improvements but the improvement does not show positive impactin the market scores and shows to the investors that the changes are difficult to takeplace and also there is lack of enforcement. Below table illustrates:-
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Significance of Study (cont.) :-
Therefore, in a nutshell, the significance of this study is to increase the private entitycompany directors’ awareness of the importance of implementing and practicing thecorporate governance principles in their companies as their companies indirectlyreflects the market situation in Malaysia which influences the investors’ decision ininvesting in Malaysia.
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1 Article Name & Writer
A Touch of Corporate Governance , Dr. Dominic Lai Yew Hock (LLB) University of Chicago , (DBA)University of South Australia
2 Findings This paper gives a general introduction to corporate governance and also mention a bit abouttraining for directors.
3 What do you think about this?This is useful when explaining about corporate governance concept in my research.
4 What makes you think that?Same as above
5What conclusions you can drawfrom this?
In the current business development, implementation of corporate governance is encouragedbecause it shows that the company is properly managed and the risks of mismanagement will beeliminated.
Literature Review:-
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Literature Review:-
1 Article Name & Writer
Corporate Directors Training programme: The success of the training programme in
creating understanding and awareness amongst corporate directors – by Prof. Madya
Dr. Zubaidah Zainal Abidin, Prof. Madya Noorbijan Abu Bakar, Prof Madya Faizah
Darus & T.Chantrathevi
2 Findings
This article touches a bit about training for directors. And it also discuss extensively
about the success of trainings for directors and the relevant type of modules that
the training should cover
3What do you think about
this?
Its useful to use since I have found a problem in this article : critically is the issue of
compulsory or not for private company directors to attend training. Here the writer
mentioned that it is compulsory based on CCM request but so far there is no
statutory requirement that says so.
4 What makes you think that? Same from above
5What conclusions you can
draw from this?
That directors should attend training and the type of modules should be relevant
and how many numbers of training is adequate for the directors?
6Final paragraph for
discussion sectionIssue about compulsory - also I can use the findings from this articles to show the
effectiveness of training.
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Developments of Malaysian Code of Corporate Governance
1996:-The ROC (now
CCM) had introduced a
Code of Ethics for directors
1995:-Securities
Commission started
disclosure requirement for
primary & public listed companies
1993:-The Securities
Commission Act & Future
Industry Act was introduced
1989:-The Banking &
Financial Institution Act
was introduced
2000:-The Malaysian
Code of Corporate
Governance was first issued
1999:-The High Level
Finance Committee released 70
recommendations about CG practices in
M’sia
2012:-Malaysian Code
of Corporate Governance was
updated
2007:-The C/A 1965 was amended
and the revised Malaysian Code
of Corporate Governance was
issued
1998:-The
establishment of National Economic
Action Council & the High Level
Finance Committee
1997:-The Financial
Crisis & financial fraud activities
2003:-CCM announced
to amend the C/A 1965 &
formed Corporate Law
Reform Committee
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Theoretical framework:-
1. Background
2. Introduction of problem
3. Critical reading of
literatures to identify gap or
problem
① Literature
Review
1. Investigations & Testing the
hypothesis
2. How to solve the issue?② Findings
1. Proposed countermeasure.
2. Conclusion③
Countermeasure
① In a nutshell
② Specific
② Specific
③ Conclusion
1. To do literature review on the developments of directors duties and corporate governance and the methods applied by the Court in
interpreting the directors duties and its required standard of skill.
2. To compare the existing statutes about directors duties & relevant guidelines in Malaysia and other country for example UK and
UE.
3. To conduct interviews with private entity companies’ directors – in order to ascertain their level of awareness about the CG.
4. To do case studies on the related cases
5. To propose relevant countermeasure to the issues discussed. 30
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Methodology:-
1. Qualitative and Applied research:- it aims at finding a solution for an immediate problem facing by theorganization.
2. Empirical research:- an experimental type of research where a hypothesis is provided and then get enoughfacts or data to prove or disprove that hypothesis.
Types Methods Techniques
Applied & Empirical
research:-
1 Library Research Analysis of articles and
documents
• Contents analysis of reports and articles
and journals
2 Field Research 1. Mail questionnaire
2. Personal Interview
• Send questionnaires to respondents
vide email
• Use a detail schedule and interview
respondents with open and closed
questions
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Select a sample:-
No Concept to be studies Sampling
Concepts Issues Study
Population
Issues
1
Corporate
Governance
• Is the implementation of
corporate governance
made compulsory for
private entity company?
• What is the method
implemented to monitor
whether these private
entity companies
implement and apply the
corporate governance
principles in the company? Private Entity
Company
Director
• What is the standards of skill
and duty of care that is required
of directors?
• Is there training conducted for
the newly elected or registered
directors?
• Is there a mechanism to track
whether these directors have
attended training?
• How many number of training is
required of a director?
• what are the implications if a
director did not have any
training about their roles and
their responsibilities?
• Business judgment rule v legal
implications?
2
Directors
duties and
responsibilitie
s
• Does the private entity
companies knows about
the Malaysian Code of
Corporate Governance?
• Is there a mechanism to
find out whether the private
entity company director
have awareness about
corporate governance
principles?
The sampling subject will be on private entity companies directors. 32
Researc
h Area
Researc
h
Problem
Research
Statemen
t
Research
Objective
s
Research
Question
s
Literature
ReviewTheoretical
FrameworkMethodology
Select a
sample
Collecting
Data
Processing
DataChapterization References
Collect Data:-
Through research questionnaires that will be distributed and questions that will begiven to the following:-
1. Board of Directors of a private entity company and Board ofDirectors of a public listed company.
2. Q&A with the Securities Commission in charge of training
3. Q&A with a registered company secretary or MAICSA
33
Researc
h Area
Researc
h
Problem
Research
Statemen
t
Research
Objective
s
Research
Question
s
Literature
ReviewTheoretical
FrameworkMethodology
Select a
sample
Collecting
Data
Processing
DataChapterization References
Processing Data:-
1. Getting the directors feedback and concerns on the research questions.
2. Include finding from the interview with Securities Commission and the companysecretaries or MAICSA.
34
Researc
h Area
Researc
h
Problem
Research
Statemen
t
Research
Objective
s
Research
Question
s
Literature
ReviewTheoretical
FrameworkMethodology
Select a
sample
Collecting
Data
Processing
DataChapterization References
Chapterization:-
Part 1:- Introduction:-
1.1:- Introduction
1.2:- Research
problem
1.3:- Research
statement
1.4:- Research
objectives
1.5:- Research
questions
Part 2:- Literature review:-
2.1:- Background of the Company
Law , directors and management
2.2:- Company directors:-
a) Introduction
b) Types of directors
c) Appointment and removal of
directors
d) Relationship between
directors and corporate
governance
2.3:- Directors’ duties:-
a) Introduction
b) Overview of directors’ duties
and to whom does the
director owes the duties
c) Breach of duties
d) Implications of breach of duty
e) Root cause analysis to
factors that contribute to
breach of duties
Part 3:- Research
methodology:-
3.1:- Research methodology
3.2:- Sampling
3.3:- Research questions
3.4:- Research instruments
Part 4:- Findings and
discussion:-
4.1:- Findings from the
research
4.2:- Proposing
countermeasures to close
or minimize the gap
Part 5:- Conclusion
5.1:- Limitation of study
5.2:- Suggestion and raising
more future problems in
light of the
Literature review.
35
Researc
h Area
Researc
h
Problem
Research
Statemen
t
Research
Objective
s
Research
Question
s
Literature
ReviewTheoretical
FrameworkMethodology
Select a
sample
Collecting
Data
Processing
DataChapterization References
References:-1. Suruhanjaya Syarikat Malaysia : https://www.ssm.com.my/en/statistic_eservices
2. Re Cardiff Savings Bank, Marquis of Bute’s Case (1892) 2 Ch 100
3. Brazillian Rubber Plantation and Estate Ltd (1911) 1 Ch 425
4. Bursa Malaysia Securities Berhad, Main Market Listings Requirements, Chapter 15, Corporate Governance,2012, page 1503, 1507
5. New York Stock Exchange (NYSE) EURO Corporate Governance Guidelines, page. 4 – to add later
6. S. 132(1A) of the Companies Act 1965.
7. ACGA, CG Watch 2007, Corporate Governance in Asia, Regional Special Report , Hong Kong, 17 September2007, page. 15
8. CGA, CG Watch 2012, Corporate Governance in Asia, Regional Special Report , Hong Kong, 10 September2012, page. 141 & 149
9. Kumar, Ranjit, Research Methodology, a step-by-step guide for beginners (3rd Edition) Great Britian, TJinternational Ltd., Padstow, Cornwall, 2011, page xxx
10. NYSE Euro Corporate Governance Guidelines,36
Researc
h Area
Researc
h
Problem
Research
Statemen
t
Research
Objective
s
Research
Question
s
Literature
ReviewTheoretical
FrameworkMethodology
Select a
sample
Collecting
Data
Processing
DataChapterization References
References:-11. UK Institue of Directors comments on the ICSA Review of the Higgs Guidance, 2010
12. The Financial Reporting Council on the Internal Control for the Revised Guidance for Directors on theCombined Code, 2005
13. The Financial Reporting Council on the UK Approach to Corporate Governance, 2010
14. The Singapore Company Director Checklist, 2011
15. Dr. Dominic Lai Yew Hock, A Touch of Corporate Governance, (2010) 2 MLJ xvi, pg. 3 & 4.
16. Carlsoon,RH Ownership and Value Creation: Strategic Corporate Governance in the New Economy, JohnWiley & Sons, West Sussex, (2001).
17. Financial Reporting Council, The UK Approach to Corporate Governance, October 2010, pg. 3.
18. Shanty Ranchagan, Concise Principles of Company Law in Malaysia,Lexis Nexis – TO ADD
19. Tun Mahathir Mohamad, A Doctor in the House- The Memoirs of Tun Dr. Mahathir Mohamad, MPH GroupPublishing Sdn. Bhd. Kuala Lumpur, 2011, pg. 672
20. Rashidah Abdul Rahman & Mohammad Rizal Salim, Corporate Governance Law in Malaysia, Theory andContext, Sweet & Maxwell Asia, Petaling Jaya, 2010, pg.108.
37
Researc
h Area
Researc
h
Problem
Research
Statemen
t
Research
Objective
s
Research
Question
s
Literature
ReviewTheoretical
FrameworkMethodology
Select a
sample
Collecting
Data
Processing
DataChapterization References
References:-21. Bursa Malaysia Securities Berhad, Main Market Listings Requirements, Chapter 15, Corporate Governance,
2012, page 1501.
22. Rashidah Abdul Rahman & Mohammad Rizal Salim, Corporate Governance Law in Malaysia, Theory andContext, Sweet & Maxwell Asia, Petaling Jaya, 2010, pg.111 & 112
23. Securities Commission Malaysia, Malaysian Code of Corporate Governance 2012, Corporate Governance inMalaysia, 2012, page vii.
24. Honda Malaysia Sdn. Bhd corporate governance organization structure
25. Section 122(1) and (2) of the Companies Act 1965
26. Rashidah Abdul Rahman & Mohammad Rizal Salim, Corporate Governance Law in Malaysia, Theory andContext, Sweet & Maxwell Asia, Petaling Jaya, 2010, page.176 & 177
27. Securities Commission, Malaysian Code on Corporate Governance, (Revised 2007), Kuala Lumpur, 2007,page 10.
28. Adrian Walkers, Directors’ Duties : The Impact of Companies Directors Disqualification Act 1986 (2000) 21 CoLaw 110
29. Dorchester Finance Co. Ltd v Stebbing (1989) BCLC 48938
Researc
h Area
Researc
h
Problem
Research
Statemen
t
Research
Objective
s
Research
Question
s
Literature
ReviewTheoretical
FrameworkMethodology
Select a
sample
Collecting
Data
Processing
DataChapterization References
References:-30. Re D’Jan of London Ltd (1994) 1 BCLC 561
31. Cohen v Selby (2001) 1 BCLC 176 CA
32. Re Barrings PLC (No. 5) (1999) 1 BCLC 433
30. Daniels v Anderson (1995) 13 ACLC 614 (Court of Appeal) New South Wales
31. Aiman Nariman Mohd Sulaiman, Aishah Bidin, Pamela Hanrahan, Ian Ramsey, Geof Stapledon. CommercialApplications of Company Law in Malaysia, 3rd Edition, CCH, A Wolters Kluwer Business , CCH Asia Pte. Ltd.,page 248-249.
32. Corporate Law Reform Committee, Suruhanjaya Syarikat Malaysia, A Consultative Document on Clarifyingand Reformulating the Directors’ Role and Duties, 2006, page 44-47
33. Lim Weng Kee v PP (2002) 4 SLR 327
34. Incomconsult Sdn. Bhd., ROC Corporate Directors Training Programme for non-public listed companies, 17thApril 2002, http://xxxxxxxxxxxxxx- to add later
35. Securities Commission, Malaysian Code on Corporate Governance, (Revised 2007), Kuala Lumpur, 2007,page 12
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05/1404/14
Main Event
Rev
iew
30
Basic Planning
Assignment:
1. Select topic
2. Collect Data
3. Draft outline
4. Review outline
5. Amend as per
comments
6. Approval on
outline
7. Do L/Review
8. Prepare research
questions
9. Conduct
sampling
10. Finalize the
research
11.Prepare for
presentation on
the topic selected.
12. Submit research
Due date submit
assignment
Research Action Plan : April’14 – June ‘14
①Define, Identify & Establish
Presentation
assignment
Planning & Establishment
②Assess & Improve
Applied the research methodology
Submit draft to lecturer
Review with lecturer
Conduct L/Review on the materials collected @ critical reading
Draft questions
Forward questions to samplings
Collect back the questionnaires Conduct interview
Prepare presentations
Finalize presentations
40
41