ICAS Proceedings

ICAS Online Open-Access Proceedings Library


This paper aims to examine and evaluate the structure and practices of governance of Malaysian public university holdings companies owned by eight Malaysian public universities (IPTA). Data was gathered by using three methods; survey, semi-structured interview, and documentation review. The board structure and and board sub-committees practices of these case organisations were evaluated against the best practice recommendation of (i) the Malaysian Code on Corporate Governance (MCCG) 2012 (ii) the Green Book, and (iii) other relevant acts. Overall, this study finds that the practice and structure of corporate governance of the holding companies is good. However, there are companies that did not comply with certain parts of the recommendations of Malaysian Code on Corporate Governance 2012 (MCCG) and the Green Book. The study also observed that the practice of governance between the university companies is not uniform.

Keywords: Corporate governance, University holdings company, Malaysia, Case study

ICAS Online Proceedings Library