Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian
Current reform concerning directors’remuneration relies on improvinglegal rules and self-regulation to minimise expropriation of minority share-holders. These have prominently focussed on empowering shareholders. Nonetheless, it is unclear as to the extent these reform proposals are compatible with...
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| Format: | Article |
| Language: | English |
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Monash UniversityLibrary
2013
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| Online Access: | http://irep.iium.edu.my/34958/ http://irep.iium.edu.my/34958/1/asjcl-2013-0020.aop.pdf |
| _version_ | 1848780988653502464 |
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| author | Mohd. Sulaiman, Aiman @ Nariman |
| author_facet | Mohd. Sulaiman, Aiman @ Nariman |
| author_sort | Mohd. Sulaiman, Aiman @ Nariman |
| building | IIUM Repository |
| collection | Online Access |
| description | Current reform concerning directors’remuneration relies on improvinglegal rules and self-regulation to minimise expropriation of minority share-holders. These have prominently focussed on empowering shareholders.
Nonetheless, it is unclear as to the extent these reform proposals are compatible within the concentrated shareholding structure. Some of the reforms taking
place in developed countries are suited for dispersed shareholding structure and thus transplanting them to emerging economies with concentrated share-holders may be ineffective. Malaysia poses an interesting case study, especially to countries with similar ownership structure as the concentrated shareholding structure raises different agency problems. The issue of protection of minority
shareholder rights and the prevention of abuse of the controlling power by paying excessive remuneration to the executives is therefore a subject of due consideration in Malaysia and countries with similar shareholding structures.
This article recommends that Malaysia and other emerging countries look into encouraging limited shareholder empowerment in tandem with laws. |
| first_indexed | 2025-11-14T15:42:25Z |
| format | Article |
| id | iium-34958 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T15:42:25Z |
| publishDate | 2013 |
| publisher | Monash UniversityLibrary |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-349582018-08-14T02:11:21Z http://irep.iium.edu.my/34958/ Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian Mohd. Sulaiman, Aiman @ Nariman K Law (General) Current reform concerning directors’remuneration relies on improvinglegal rules and self-regulation to minimise expropriation of minority share-holders. These have prominently focussed on empowering shareholders. Nonetheless, it is unclear as to the extent these reform proposals are compatible within the concentrated shareholding structure. Some of the reforms taking place in developed countries are suited for dispersed shareholding structure and thus transplanting them to emerging economies with concentrated share-holders may be ineffective. Malaysia poses an interesting case study, especially to countries with similar ownership structure as the concentrated shareholding structure raises different agency problems. The issue of protection of minority shareholder rights and the prevention of abuse of the controlling power by paying excessive remuneration to the executives is therefore a subject of due consideration in Malaysia and countries with similar shareholding structures. This article recommends that Malaysia and other emerging countries look into encouraging limited shareholder empowerment in tandem with laws. Monash UniversityLibrary 2013-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/34958/1/asjcl-2013-0020.aop.pdf Mohd. Sulaiman, Aiman @ Nariman (2013) Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian. Asian Journal of Comparative Law. ISSN 1932-0205 (In Press) http://www.degruyter.com/view/j/asjcl.2013.8.issue-1/issue-files/asjcl.2013.8.issue-1.xml |
| spellingShingle | K Law (General) Mohd. Sulaiman, Aiman @ Nariman Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian |
| title | Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian
|
| title_full | Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian
|
| title_fullStr | Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian
|
| title_full_unstemmed | Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian
|
| title_short | Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian
|
| title_sort | controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate malaysian |
| topic | K Law (General) |
| url | http://irep.iium.edu.my/34958/ http://irep.iium.edu.my/34958/ http://irep.iium.edu.my/34958/1/asjcl-2013-0020.aop.pdf |