期刊名称:International Journal of Academic Research in Business and Social Sciences
电子版ISSN:2222-6990
出版年度:2018
卷号:8
期号:12
页码:729-741
DOI:10.6007/IJARBSS/v8-i12/5068
语种:English
出版社:Human Resource Management Academic Research Society
摘要:Risk is the main issues, which is cause of uncertainty in any organisation. It’s become a top priority for the international business community and the companies began focus on identify and manage risk before it affect the business. Malaysia has established and improves the corporate governance code, which is Malaysia Code on Corporate Governance 2012 and one of the principle discuss is to strengthen the risk management among the companies listed on Bursa Malaysia. There is a limited study on risk management effectiveness of the companies in Malaysia especially in developing the index for each sectors or industries. The main objective of this study is to develop the risk management effectiveness index for companies listed on the Main Board of the Bursa Malaysia in order to measure the commitment of companies towards risk management. An assessment questionnaire has been employed in this study to measure the risk management disclosure in annual report. The overall findings of the risk management effectiveness index revealed that among seven sectors of companies, trading sectors get high scores on five items studied.