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Analysis of Corporate Governance Practices in Myanmar Companies

http://hdl.handle.net/20.500.12678/0000002777
1c39fe97-09fd-485f-9f72-7105ffcb772d
ba0287f2-06b6-4f65-940d-af6667b84559
None
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KyawThi KyawThi Ha -MBF.pdf (333 Kb)
Publication type
Journal article
Upload type
Publication
Title
Title Analysis of Corporate Governance Practices in Myanmar Companies
Language en
Publication date 2020-02
Authors
KyawThi Ha
Description
This study aims to analyze the corporate governance practices by Myanmar companies in accordance with internationally recognized standards of corporate governance – the G20/OECD Principles of Corporate Governance. This study was conducted using the responses to questionnaire surveys. Primary data wascollected from 24 individual board members from 24 major Myanmar corporations (sample of one board member per company).Results indicated that internationally accepted corporate governance practices are still at an embryonic stage of development in Myanmar. Scores from the survey highlighted inadequate compliant with all five areas of the OECD corporate governance principles. Myanmar companies scored lowest in Disclosure and Transparency and Responsibilities of the Board sections indicating deficiencies in communicating with shareholders and stakeholders as well as the board processes, structure and the roles of companies’ directors. The study suggests that Myanmar companies need to adopt international Corporate Governance best practices if they want to enhance the competitiveness and to attract capital in regional and global markets.
Identifier https://ecor.yueco.edu.mm/handle/123456789/873
Journal articles
Yangon University of Economics, Nilar Yatu Hall
14th International Conference of YUE, KOMYRA, KHU & KTRA;
Conference papaers
Books/reports/chapters
Thesis/dissertations
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