Impacts of accountability, integrity, and internal control on organisational value creation: evidence from Malaysian government linked companies

Jamaliah Said (), Md. Mahmudul Alam (), Nurazwani Binti Mat Radzi () and Mohamad Hafiz Rosli
Additional contact information
Jamaliah Said: UiTM - Universiti Teknologi MARA [Shah Alam]
Nurazwani Binti Mat Radzi: UTAR - Universiti Tunku Abdul Rahman

Post-Print from HAL

Abstract: Credible and well-functioning governance is crucial for the value creation of firms. Recently, private sectors have undergone substantial changes by focusing on good governance as a tool to enhance value, reputation, and image. The primary features of firms with good governance include greater emphasis on accountability practices, proper implementation of a corporate integrity system, and sound internal controls in place to avoid risk and to ensure policy and procedures that are complied. Government Linked Companies (GLCs) as the backbone of the Malaysian government have been harshly criticised for not being able to create value(s) despite receiving high priority in the process of getting government projects. Therefore, this study aims to examine the role of good governance systems, which are reflected through accountability systems, corporate integrity systems, and internal control systems towards value creation of Malaysian GLCs. This study collected primary data based on a set of questionnaire survey among 100 GLCs in Malaysia. Based on the regression analysis, this study found that corporate integrity systems and internal control systems were vital elements in ensuring value creation in GLCs.

Keywords: value creation; accountability; integrity systems; internal control; government linked companies; Malaysia (search for similar items in EconPapers)
Date: 2020
Note: View the original document on HAL open archive server: https://hal.science/hal-03520125
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in International Journal of Business Governance and Ethics, 2020, 14 (2), pp.206-223. ⟨10.1504/ijbge.2020.106350⟩

Downloads: (external link)
https://hal.science/hal-03520125/document (application/pdf)

Related works:
Journal Article: Impacts of accountability, integrity, and internal control on organisational value creation: evidence from Malaysian government linked companies (2020)
Working Paper: Impacts of Accountability, Integrity, and Internal Control on Organizational Value Creation: Evidence from Malaysian Government Linked Companies (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03520125

DOI: 10.1504/ijbge.2020.106350

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().