This paper discusses on the development of corporate governance in selected countries, systems of corporate governance adopted, convergence of corporate governance practices towards internationally accepted practices and initiatives undertaken to ensure effective corporate governance practices....

This paper reviews selected major financial scandals. The analysis covers international cases like BCCI, Credit Lyonnais Bank, Barrings Bank, Daiwa and Sumitomo, and local cases like scandals at Bank Rakyat, Bumiputra Malaysia Finance, Pan Electric Industries, Deposit Taking Cooperatives, Bank...

This study investigates the characteristics of the Malaysian failed firms, where some important attributes such as the age of the firm, the auditors' reports, the director's reports and selected financial ratios were analysed. The findings suggest no clear patterns for identification of...

Corporate governance is a function of governing a corporation. Good Corporate governance promotes fairness, openness, and transparency in its responsibilities to stakeholders Good corporate governance practices facilitates economic efficiency by focusing on value-enhancing activities and aids...

An effective system of rules, practices and processes by which Islamic Financial Institutions (IFIs) are directed and controlled is important to ensure their business operations are Shariah compliant, which has implications on their reputation, Shariah Governance and the future growth of the...

Auditors are required to issue going concern opinion (GC opinion) to companies that are incapable to continue their operations in the near future. It is very important for auditors to issue the GC opinion properly because such opinion is the only signal from them on the viability of a company....

Incidents where external auditors do not issue a going concern audit opinion (GC opinion) to companies having severe financial problems have been reported globally. This issue motivated this study -- (i) to investigate the effect of selected auditor characteristics in terms of specialization,...