The impact of firms' performance on corporate governance in Malaysia/ Nur Fatin Shazwani Sulaiman

Corporate governance is the system by which companies are directed and organized. Boards of directors are responsible for the governance of their companies. The shareholders' role in governance is to appoint the directors and auditors, at the same time to satisfy themselves that an appropriate governance structure exists. The purpose of corporate governance is to assist effective, entrepreneurial and prudent management that can deliver the success of the company in a long time period. In governance report, it broadly refers to governance mechanisms include action that been monitor, policies, practices, and decisions of corporations, their agents and affected stakeholders. The important of corporate governance is because it is a system that infuses policies and rules for maintaining the cohesiveness of an organization.