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

Minhat, Marizah; Dzolkarnaini, Nazam

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.

Citation

Minhat, M., & Dzolkarnaini, N. (2020). Hidden from public view, directors’ pay in Malaysia leads to inefficiency and inequality. London

• 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/