The practice of companies hiring accounting and finance personnel from their external audit firms become the attention of various parties due to the potential impact of such practice on audit and financial reporting quality. This study investigates the prevalence of the 'revolving door' practice...

This study examines the disclosures contained in Audit Committee Reports (ACRs) and the level of compliance of the current practices to the amended Kuala Lumpur Stock Exchange listing requirements after the adoption of various recommendations made by the High-Level of Finance Committee on...

The advent of the Asian Financial Crisis (AFC) in the Southeast Asia in 1997 is an appealing case for research work in assessing corporate financial distress. From international perspective, AFC is a product of contagion effect that spread from Thailand and consequently to the other Asian...

This study uses questionnaire approach to identify: (i) corporate distress warning signals of listed firms in an emerging capital market, Malaysia, (ii) the importance of each warning signal in conveying information to stakeholders, and (iii) the timeliness of each signal in alerting the...

The aim of this paper is to examine the impact of auditor reputation (i.e. size of audit firm) on auditor independence. Questionnaire and interview survey were employed to seek the perceptions of senior managers of Malaysian audit firms, banks and public listed companies. Consistent with prior...

The aim of this paper is to examine the impact to auditor independence if the mandate to appoint auditor to regulatory body and exist auditor rotation scheme. This study sampled Malaysian auditors, loan officers and senior managers of public listed companies, and questionnaire and interview...

Regulators and stakeholders in worldwide capital markets have placed a great concern on the potential threat of joint provision of audit and non-audit services to audit client on perceived auditor independence. This study reports the research findings of the effects of the joint provision of...

In support of the newly implement disclosure based corporate environment and good corporate governance, the Malaysian government has made it compulsory for all listed firms to form audit committees. With the view of enhancing the capability of audit committees to better achieve their objectives...

The Central Bank of Malaysia (Bank Negara Malaysia or BNM) introduced the Shariah Governance Framework (SGF) in 2010 and required all Islamic Financial Institutions (IFIs) to fully implement in 2011. The objective is to provide a proper regulatory framework for IFIs to function within the...

Although not a near equivalent of conventional banking in terms of size, the global Islamic banking industry has grown at a very rapid pace in the last three decades. Malaysia has been at the forefront of this development since early 1980s and has earned a reputation of a global hub for Islamic...