Please use this identifier to cite or link to this item:
Title: The development of corporate governance literature in Malaysia: a systematic literature review and research agenda
Authors: Khatib, SFA
Abdullah, DF
Elamer, A
Hazaea, SA
Keywords: corporate governance;firm performance;corporate social responsibility;earnings management;disclosure quality;Malaysia
Issue Date: 14-Feb-2022
Publisher: Emerald Publishing
Citation: Khatib, S.F.A., Abdullah, D.F., Elamer, A. and Hazaea, S.A. (2022) 'The development of corporate governance literature in Malaysia: a systematic literature review and research agenda', Corporate Governance: The International Journal of Business in Society, 22 (5), pp. 1026 - 1053 (28). doi: 10.1108/cg-12-2020-0565.
Abstract: Purpose This study aims to provide a comprehensive review of the existing literature on corporate governance (CG) aspects of the Malaysian market. It offers insights into the phases of Malaysian CG, identifies crucial gaps in the literature and outlines an agenda for impending research. Design/methodology/approach Following a systematic literature review approach, a final sample of 125 studies from Scopus and Web of Science databases was used in this study. These studies were selected based on quality assessment criteria. Then, the sample literature was evaluated in terms of journals, methodology, theories, modelling, research outcomes and CG characteristics. Findings The results show that there is a growing interest among researchers to further explore CG aspects in Malaysia due to the continuous development of the Malaysian CG codes. Likewise, the review reveals that the majority of prior studies are quantitative and were carried out using archived data from non-financial firms. Also, the existing literature has primarily focused on the outcomes of CG, especially firm performance. Research limitations/implications Overall, the results show that there is ample room for future research. The present paper identifies a number of methodological problems and concerns, and discusses the implications of these problems, while also providing recommendations for future research. The main caveat is that the authors use scholarly papers published in academic journals only, but this approach offers them with opportunities for considerable further developments. Originality/value To the best of the authors’ knowledge, this study contributes to the literature by being the first of its kind to concentrate on the Malaysian context. It provides a comprehensive knowledge assessment of the Malaysian CG research and offers advice regarding improvements in research, policy and practice by identifying possible knowledge gaps. Consequently, this study provides a cohesive story of the past and a road map for future research on Malaysian CG.
ISSN: 1472-0701
Appears in Collections:Brunel Business School Research Papers

Files in This Item:
File Description SizeFormat 
FullText.pdfCopyright © Emerald Publishing Limited 2019. This author accepted manuscript is deposited under a Creative Commons Attribution Non-commercial 4.0 International (CC BY-NC) licence. This means that anyone may distribute, adapt, and build upon the work for non-commercial purposes, subject to full attribution. If you wish to use this manuscript for commercial purposes, please contact kBAdobe PDFView/Open

This item is licensed under a Creative Commons License Creative Commons