GOOD CORPORATE GOVERNANCE IN ASEAN FROM 2011 TO 2021: A LITERATURE REVIEW

Authors

  • Sarah Thalya Suherman Universitas Padjadjaran, Indonesia

DOI:

https://doi.org/10.29040/ijebar.v6i4.6712

Abstract

The purpose of this study is to do the literature review in order to obtain insights toward the growth of Good Corporate Governance (GCG) after ASEAN Corporate Governance Scorecard (ASEAN CG Scorecard) was introduced in ASEAN. This research was conducted in 2022 by conducting a literature review of various research result published during 2011-2021. Besides, the identified GCG can be applied in ASEAN countries. They can assist stakeholders in increasing the likelihood of GCG success and can be adopted for further research.

Author Biography

Sarah Thalya Suherman, Universitas Padjadjaran

Departement of Accountancy

References

Afriani Utama, C., Utama, S., & Amarullah, F. (2017). Corporate governance and ownership structure: Indonesia evidence. Corporate Governance.

Amira Jamil, Ghazali, N., & Nelson, S. (2020). The influence of corporate governance structure on sustainability reporting in Malaysia. Social Responsibility Journal.

Anom Purbawangsa, I. B., Solimun, S., & Fernandes, A. (2019). Corporate governance, corporate profitability toward corporate social responsibility disclosure and corporate value (comparative study in Indonesia, China and India stock exchange in 2013-2016). Social Responsibility Journal.

ASIAN DEVELOPMENT BANK. (2021). ASEAN CORPORATE GOVERNANCE SCORECARD COUNTRY REPORTS AND ASSESSMENTS 2019. Philipines: ASIAN DEVELOPMENT BANK.

Berghe, L. V., & Ridder, L. D. (1999). International Standardisation of Good Corporate Govemance. Kluwer Academic Publisher.

Connell, B. (2009). Enterprise governance: getting the balance right. CIMA/IFAC.

Farizal Mohammed, N., Ahmed, K., & Ji, X.-D. (2017). Accounting conservatism, corporate governance and political connections. Asian Review of Accounting.

Farooque, O. A., Buachoom, W., & Hoang, N. (2019). Interactive effects of executive compensation, firm performance and corporate governance: Evidence from an Asian market. Asia Pacific Journal of Management.

Haji, A., & Mubaraq, S. (2015). The implications of the revised code of corporate governance on firm performance: A longitudinal examination of Malaysian listed companies. Journal of Accounting in Emerging Economies.

Hisham Yaacob, & Basiuni, J. (2014). Corporate governance model of a state-owned enterprise: evidence from an Asian emerging market. Corporate Governance.

Hussein Mgammal, M., Bardai, B., & Ismail, K. (2018). Corporate governance and tax disclosure phenomenon in the Malaysian listed companies. Corporate Governance.

Jebaraj Benjamin, S., & Zain, M. (2015). Corporate governance and dividends payout: are they substitutes or complementary? Journal of Asia Business Studies.

Lee, J. W., & Yoon, S. (2020). Cross-Border Joint Venture Airlines in Asia: Corporate Governance Perspective. European Business Organization Law Review.

Malik Hussain, & Hadi, A. (2019). Corporate governance, risky business and construction industry: a divergence between Bursa and Construction Industry Development Board (CIDB) Klang Valley, Malaysia. Corporate Governance.

Mamun, S. A., & Badir, Y. (2014). Convergence of corporate governance in Malaysia and Thailand. Journal of Accounting in Emerging Economies.

Moeller, R. R. (2011). COSO Enterprise Risk Mangement Second Edition. New Jersey: John Wiley & Sons, Inc.

Nguyen, T. L., & Vo, X. (2020). Does corporate governance really matter for bank efficiency? Evidence from ASEAN countries. Eurasian Economic Review.

Phu Tran, N., Van, L.-H., & Vo, D. (2020). The nexus between corporate governance and intellectual capital in Vietnam. Journal of Asia Business Studies.

Ramachandra Bhatt, P., & Bhatt, R. (2018). Corporate governance and firm performance in Malaysia. Corporate Governance.

SenarathYapa, P. (2014). In whose interest? An examination of public sector governance in Brunei Darussalam. Critical Perspectives on Accounting.

Shwairef, A., Amran, A., & Iranmanesh, M. (2021). The mediating effect of strategic posture on corporate governance and environmental reporting. Review of Managerial Science.

Utama, S., Siregar, S. V., & Simanjuntak, J. (2022). Tatat Kelola Korporat di Indonesia: Teori, Prinsip, dan Praktik. Jakarta: Salemba Empat.

Downloads

Published

2022-12-10

How to Cite

Suherman, S. T. (2022). GOOD CORPORATE GOVERNANCE IN ASEAN FROM 2011 TO 2021: A LITERATURE REVIEW. International Journal of Economics, Business and Accounting Research (IJEBAR), 6(4). https://doi.org/10.29040/ijebar.v6i4.6712

Issue

Vol. 6 No. 4 (2022): IJEBAR, Vol. 6 Issue 4, December 2022

Section

Articles

Citation Check

License

Authors who publish with IJEBAR agree to the following terms: Authors retain copyright and grant the IJEBAR right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material) the work for any purpose, even commercially with an acknowledgement of the work's authorship and initial publication in IJEBAR. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in IJEBAR. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).