The impact of COVID-19 and Corporate Governance: The Empirical study of Malaysia emerging market

Authors

  • Chin Liang Ng WAWASAN OPEN UNIVERSITY
  • Anbalagan Krishnan WAWASAN OPEN UNIVERSITY

DOI:

https://doi.org/10.11113/ijibs.v18.102

Keywords:

CORPORATE GOVERNANCE, COVID-19 Pandemic, Corporate Performance

Abstract

Corporate governance has been a key pillar of company performance. Past research has highlighted the importance of corporate governance and the Securities Commission Malaysia has recently introduced the Malaysia Code of Corporate Governance 2021 to enhance corporate practice. There were different concepts of corporate governance being practice globally, and Malaysia being a commonwealth country is practicing the Anglo-American approach of corporate governance. The corporate governance in Malaysia emphasis on board of directors, monitoring mechanism of management and align with what being mentioned in the Agency theory where there is a misalignment of goal between shareholders and management. In light of the COVID-19 Pandemic, there is new norm being practice such as virtual audit and virtual meeting, monitoring mechanism and corporate governance have changed. This empirical research reviews the past literature on corporate governance and conceptualizes a research framework that includes COVID-19 factors that might affect corporate governance in Malaysia. In addition, this research paper performed a  empirical study to assess the  impact corporate governance incorporating the COVID financial factors - on firm’s performance.

Author Biographies

Chin Liang Ng, WAWASAN OPEN UNIVERSITY

Ng Chin Liang is a DBA candidate at Wawasan Open University. He is a director in a Malaysian Public Listed Company. He graduated from the University of Exeter, United Kingdom with a Bachelor of Arts with Honours in Accounting and Finance in 2014. In 2015, he obtained a Master of Science in Accounting and Finance with distinction under a scholarship from the same university. He has been a member of the Association of Chartered Certified Accountants and the Malaysian Institute of Accountants since 2017.

Anbalagan Krishnan, WAWASAN OPEN UNIVERSITY

Dr. Anbalagan Krishnan is an Associate Professor of Accounting at Wawasan Open University Malaysia. Previously, he has worked with Curtin University, Malaysia for several years as Academic quality director and Associate Professor .  He was a Dean at AMU (University), Malaysia. He is a member of CPA (Australia) and MICPA (Malaysia) and has PhD in Accounting. He is a Certified Trainer with the Ministry of Human Resource Malaysia. He presented a number of research papers in accounting at reputed international conferences organized in countries like Hong Kong, Singapore, India, Australia, and Malaysia. He has published extensively in accredited international journals. He received several national, international, and industrial grants. He is on the Editorial Board of several international journals.

Published

2025-12-16

How to Cite

Ng, C. L., & Krishnan, A. (2025). The impact of COVID-19 and Corporate Governance: The Empirical study of Malaysia emerging market. International Journal of Innovation and Business Strategy (IJIBS), 16(1), 1–12. https://doi.org/10.11113/ijibs.v18.102

Issue

Vol. 16 No. 1 (2022): International Journal of Innovation and Business Strategy (June)

Section

Business