Corporate Governance in Malaysia issues and challenges

This paper deals with the complex relationship between governance and the moral dependency on the crisis of modernity. This crisis is reflected in the problem of achieving governance for its objectives, both in the political and economic system. The problem of governance is based on Carl Schmitt...

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Main Authors:	Zulkefli, Nina Nurasyekin, Quddus, S. M. Abdul
Format:	Article
Language:	English
Published:	International Islamic University Malaysia 2019
Subjects:	JQ1062 Public Administration in Malaysia
Online Access:	http://irep.iium.edu.my/72996/ http://irep.iium.edu.my/72996/ http://irep.iium.edu.my/72996/ http://irep.iium.edu.my/72996/1/Corporate%20Governance%20in%20Malaysia%20Issues%20and%20Challenges.pdf

id	iium-72996
recordtype	eprints
spelling	iium-729962019-07-03T07:30:39Z http://irep.iium.edu.my/72996/ Corporate Governance in Malaysia issues and challenges Zulkefli, Nina Nurasyekin Quddus, S. M. Abdul JQ1062 Public Administration in Malaysia This paper deals with the complex relationship between governance and the moral dependency on the crisis of modernity. This crisis is reflected in the problem of achieving governance for its objectives, both in the political and economic system. The problem of governance is based on Carl Schmitt's central domain concept: that contemporary life is governed by the economic domain that describes human behaviour as neutral to things and actions, hence absolving mankind of their actions and choices. Thus many scholars have striven to rethink the nature of responsibility and its limits. This problem lies in the fact that modernity creates its moral patterns according to the dominant models of governance. They therefore cannot cancel and abolish this issue by themselves, but do in fact all work in tandem to make the issues more elusive by circumnavigating them; which ultimately means they cannot find a solution to the problem. Governance itself has been transformed from a moral system of responsibility and transparency to just procedures that can adapt to it or overcome these constraints. Some scholars believe that the problem of corruption, for example, derive from the same moral disposition that dominate people's behaviour and therefore is rationalized as acceptable. The paper thus concludes that a rethinking of morality and its relationship of governance requires more than just a restructuring of a range of legal and administrative procedure. There is rather a need to think radically about the nature of the current moral problem and its latent implications for governance. International Islamic University Malaysia 2019-06-03 Article PeerReviewed application/pdf en http://irep.iium.edu.my/72996/1/Corporate%20Governance%20in%20Malaysia%20Issues%20and%20Challenges.pdf Zulkefli, Nina Nurasyekin and Quddus, S. M. Abdul (2019) Corporate Governance in Malaysia issues and challenges. Journal of Islam in Asia, 16 (2). pp. 232-253. ISSN 1823-0970 E-ISSN 2289-8077 https://journals.iium.edu.my/jiasia/index.php/Islam/article/view/824/391 10.31436/jia.v16i2.824
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	JQ1062 Public Administration in Malaysia
spellingShingle	JQ1062 Public Administration in Malaysia Zulkefli, Nina Nurasyekin Quddus, S. M. Abdul Corporate Governance in Malaysia issues and challenges
description	This paper deals with the complex relationship between governance and the moral dependency on the crisis of modernity. This crisis is reflected in the problem of achieving governance for its objectives, both in the political and economic system. The problem of governance is based on Carl Schmitt's central domain concept: that contemporary life is governed by the economic domain that describes human behaviour as neutral to things and actions, hence absolving mankind of their actions and choices. Thus many scholars have striven to rethink the nature of responsibility and its limits. This problem lies in the fact that modernity creates its moral patterns according to the dominant models of governance. They therefore cannot cancel and abolish this issue by themselves, but do in fact all work in tandem to make the issues more elusive by circumnavigating them; which ultimately means they cannot find a solution to the problem. Governance itself has been transformed from a moral system of responsibility and transparency to just procedures that can adapt to it or overcome these constraints. Some scholars believe that the problem of corruption, for example, derive from the same moral disposition that dominate people's behaviour and therefore is rationalized as acceptable. The paper thus concludes that a rethinking of morality and its relationship of governance requires more than just a restructuring of a range of legal and administrative procedure. There is rather a need to think radically about the nature of the current moral problem and its latent implications for governance.
format	Article
author	Zulkefli, Nina Nurasyekin Quddus, S. M. Abdul
author_facet	Zulkefli, Nina Nurasyekin Quddus, S. M. Abdul
author_sort	Zulkefli, Nina Nurasyekin
title	Corporate Governance in Malaysia issues and challenges
title_short	Corporate Governance in Malaysia issues and challenges
title_full	Corporate Governance in Malaysia issues and challenges
title_fullStr	Corporate Governance in Malaysia issues and challenges
title_full_unstemmed	Corporate Governance in Malaysia issues and challenges
title_sort	corporate governance in malaysia issues and challenges
publisher	International Islamic University Malaysia
publishDate	2019
url	http://irep.iium.edu.my/72996/ http://irep.iium.edu.my/72996/ http://irep.iium.edu.my/72996/ http://irep.iium.edu.my/72996/1/Corporate%20Governance%20in%20Malaysia%20Issues%20and%20Challenges.pdf
first_indexed	2023-09-18T21:43:30Z
last_indexed	2023-09-18T21:43:30Z
_version_	1777413296750592000

Corporate Governance in Malaysia issues and challenges

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