MERAL Myanmar Education Research and Learning Portal
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Analysis of Corporate Governance Practices in Myanmar Companies
http://hdl.handle.net/20.500.12678/0000002777
http://hdl.handle.net/20.500.12678/00000027771c39fe97-09fd-485f-9f72-7105ffcb772d
ba0287f2-06b6-4f65-940d-af6667b84559
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Journal article | ||||||
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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 |