Corporate governance and going concern problems: evidence from Malaysia
by Takiah Mohd Iskandar, Mohd Mohid Rahmat, Norazura Mohd Noor, Norman Mohd Saleh, Muhammad Jahangir Ali
International Journal of Corporate Governance (IJCG), Vol. 2, No. 2, 2011

Abstract: We examine the relationship between board of directors' good governance characteristics and going concern problems of 56 companies listed on Bursa Malaysia in 2004 with going concern problems and 56 companies without going concern problems. Characteristics of corporate governance included in this study are composition of independent directors, CEO duality, management equity ownership, and institutional investor equity ownership. The use of going concern audit opinion to measure the company financial performance enhances the accuracy of measurements previously employed. Findings indicate that the practice of CEO duality may impair the independence of board of directors. Results suggest that equity ownerships by the management and institutional investors form internal and external mechanisms respectively to improve the company financial performance.

Online publication date:: Mon, 11-Jul-2011

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Corporate Governance (IJCG):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email