World-class good governance ethics : A key solution to tackle criminal acts in Malaysian public-listed companies

Wan Ahmad Fauzi, Hashim @ Wan Husain and Mohamad Reeduan, Mustapha and Fernando, Yudi and Siti Aisyah, Ahmad Zailani (2023) World-class good governance ethics : A key solution to tackle criminal acts in Malaysian public-listed companies. Journal of Islamic Accounting and Business Research. pp. 1-16. ISSN 1759-0817. (Published)

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Abstract

The purpose of this study is to propose a world-class good governance ethics framework that leads to better corporate performance. ethics among managers, executives and members of the board of directors working in public-listed companies brings grave concern because of the increasing number of criminal acts reported by the Security Commission of Malaysia. Design/methodology/approach: This study introduces a world-class good governance ethics framework for curbing criminal acts in public-listed companies in Malaysia. This study used a mixed method to gather data, and the methods used are appropriate for answering the research questions based on the World-Class Good Governance Ethics framework. Findings: The finding of this study reveals high expectations for a corporate organization to improve individual and team performance while undertaking their corporate responsibilities, and a matter of choice, to adopt world-class good governance ethics in their policies and practices. Practical implications: This study could be a reference for corporate management to regulate policies monitoring management's and employees' conduct at the workplace. This study's theoretical and practical significance would guide the stakeholders in corporate management to regulate governance policies based on the right ethical values and promote personalities with high integrity in management conduct. Originality/value: This study promotes a world-class good governance ethics framework in curbing criminal acts for better corporate performance. This new framework is formulated based on the concept of a caliph and other essential elements envisaged by the Quranic verses.

Item Type: Article
Additional Information: Indexed by Scopus
Uncontrolled Keywords: Business ethics; Corporate performance; Good governance; Good governance ethics; Malaysia; Public-listed companies; World-class
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Q Science > Q Science (General)
T Technology > T Technology (General)
Faculty/Division: Faculty of Industrial Management
Faculty of Industrial Sciences And Technology
Institute of Postgraduate Studies
Depositing User: Mr Muhamad Firdaus Janih@Jaini
Date Deposited: 30 Apr 2024 06:29
Last Modified: 30 Apr 2024 06:29
URI: http://umpir.ump.edu.my/id/eprint/40527
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