MONASH LEADING IDEAS FORUM :

“TRANSPARENCY & CORPORATE GOVERNANCE IN THE MARKETPLACE”

Transparency and good corporate governance can be deemed as two halves of one whole. Market transparency can and may only be achieved by ensuring good corporate governance practices by market participants.

Transparency and good governance are not just passing business trends but reflect the new business order of this age.

Thus, the challenge for our market is to remain attractive and relevant to the interests of investors. It is transparency and good governance that are the basic fundamental requirement every investor looks for. Corporate governance standards and practices are increasingly relied upon to assess corporate risks as well as accord premium to investments.

Kuala Lumpur Stock Exchange (KLSE), as the frontline regulator – an enforcer of sorts in the Malaysian market, continuously enhances corporate governance and disclosure requirements of issuers to better serve the demands and the interests of investors. At the same time, KLSE balances this role by adopting a pragmatic, pro-business approach.

However, the success of corporate governance in Malaysia is dependent not only on regulators, but is the collective responsibility of all market participants – including academics. All stakeholders must work together and contribute positively towards the establishment of a better corporate governance marketplace.