Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business

he structure of family business is unique compared to the non-family business as it combines three elements, namely, family relationships, composition of owners and management structure under the name of the business. This distinctive attribute often give rise to governance issues. Under the con...

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Main Authors:	Abd Ghadas, Zuhairah Ariff, Hassan, Halyani
Format:	Article
Language:	English
Published:	UUM Press 2011
Subjects:	KPG Malaysia
Online Access:	http://irep.iium.edu.my/66555/ http://irep.iium.edu.my/66555/ http://irep.iium.edu.my/66555/12/66555%20OWNERSHIP%20VERSUS%20CONTROL.pdf

id	iium-66555
recordtype	eprints
spelling	iium-665552019-07-12T03:41:01Z http://irep.iium.edu.my/66555/ Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business Abd Ghadas, Zuhairah Ariff Hassan, Halyani KPG Malaysia he structure of family business is unique compared to the non-family business as it combines three elements, namely, family relationships, composition of owners and management structure under the name of the business. This distinctive attribute often give rise to governance issues. Under the conventional concept of corporate governance, directors should act in the best interest of the shareholders. In doing so, the directors’ action is governed by certain rules which specify their duties and these rules are relevant to the shareholders with respect to their rights. Although there are laws which govern the relationship between the directors and shareholders, in certain circumstances there are some latent problems. These hidden problems can be identifi ed as the fault lines in the relationship between directors and shareholders. This article discusses the issues pertaining to fault lines which may arise in a family business due to the complex and overlapping structure between directors and shareholders in a family business. Research methodology applied in this research is mainly doctrinal analysis. UUM Press 2011 Article PeerReviewed application/pdf en http://irep.iium.edu.my/66555/12/66555%20OWNERSHIP%20VERSUS%20CONTROL.pdf Abd Ghadas, Zuhairah Ariff and Hassan, Halyani (2011) Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business. UUM Journal of Legal Studies, 2. pp. 1-16. ISSN 2229-984 X E-ISSN 0127-9483 http://www.uumjls.uum.edu.my/images/2011-PastIssues/OWNERSHIP-VERSUS-CONTROLFAULT-LINES-IN-DIRECTORS-SHAREHOLDERS-RELATIONSHIP-SPECIAL-REFERENCE-TO-MALAYSIAN-FAMILY-BUSINESS.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	KPG Malaysia
spellingShingle	KPG Malaysia Abd Ghadas, Zuhairah Ariff Hassan, Halyani Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business
description	he structure of family business is unique compared to the non-family business as it combines three elements, namely, family relationships, composition of owners and management structure under the name of the business. This distinctive attribute often give rise to governance issues. Under the conventional concept of corporate governance, directors should act in the best interest of the shareholders. In doing so, the directors’ action is governed by certain rules which specify their duties and these rules are relevant to the shareholders with respect to their rights. Although there are laws which govern the relationship between the directors and shareholders, in certain circumstances there are some latent problems. These hidden problems can be identifi ed as the fault lines in the relationship between directors and shareholders. This article discusses the issues pertaining to fault lines which may arise in a family business due to the complex and overlapping structure between directors and shareholders in a family business. Research methodology applied in this research is mainly doctrinal analysis.
format	Article
author	Abd Ghadas, Zuhairah Ariff Hassan, Halyani
author_facet	Abd Ghadas, Zuhairah Ariff Hassan, Halyani
author_sort	Abd Ghadas, Zuhairah Ariff
title	Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business
title_short	Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business
title_full	Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business
title_fullStr	Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business
title_full_unstemmed	Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business
title_sort	ownership versus control : fault lines in director-shareholders relationship - special reference to malaysian family business
publisher	UUM Press
publishDate	2011
url	http://irep.iium.edu.my/66555/ http://irep.iium.edu.my/66555/ http://irep.iium.edu.my/66555/12/66555%20OWNERSHIP%20VERSUS%20CONTROL.pdf
first_indexed	2023-09-18T21:34:31Z
last_indexed	2023-09-18T21:34:31Z
_version_	1777412730992459776

Ownership versus control : fault lines in director-shareholders relationship - special reference to Malaysian family business

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