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Hidden from public view, directors’ pay in Malaysia leads to inefficiency and inequality

Minhat, Marizah; Dzolkarnaini, Nazam

Authors

Marizah Minhat

Nazam Dzolkarnaini



Abstract

Ownership and control of business corporations by state or government is common in Asian economies. Whether this is a better governance practice than the market-based model of developed economies remains a subject of intellectual discourse. Although studies on corporate governance question the efficiency of state ownership and control of business entities (Shleifer and Vishny, 1997), the efficiency of remuneration practices at the upper echelons of these entities is a matter of public interest.

Other Type Other
Acceptance Date Sep 28, 2020
Online Publication Date Oct 1, 2020
Publication Date Oct 1, 2020
Deposit Date Mar 9, 2021
Keywords Inequality; Directors' Pay; Remuneration; Compensation; Corporate Governance; Malaysia; GLCs; GLEs
Public URL http://researchrepository.napier.ac.uk/Output/2751358
Publisher URL https://blogs.lse.ac.uk/businessreview/2020/10/01/hidden-from-public-view-directors-pay-in-malaysia-leads-to-inefficiency-and-inequality/
Related Public URLs https://blogs.lse.ac.uk/businessreview/2020/10/01/hidden-from-public-view-directors-pay-in-malaysia-leads-to-inefficiency-and-inequality/