Corporate social responsibility (CSR) is defined as the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner. According to the (Raman, Meenakshi.& Singh, Prakash., 2012) which defined corporate social responsibility is a concept whereby companies integrate social and environment concerns in their business operations and in their interactions with their stakeholders on a voluntary basis. PETRONAS includes themselves commitment to activity
BODY 2.1 Malaysian Code on Corporate Governance 2012 Malaysian Code on Corporate Governance(MCCG) 2012 which been released by Securities Commission(SG) on 29 March 2012, has sets out specific recommendations on structures, broad principles and processes which companies should adopt in making good corporate governance an integral part of their business dealings and culture. An excellent achievement towards corporate governance by promoting good compliance and corporate governance culture as well
In Malaysia, the area of corporate social responsibility (CSR) has developed aggressively in the last decade and is gradually becoming universal. Companies are now expected to put into account all aspects of their performance including social, environmental performance and financial results. Thus, more organizations are now engaged in serious efforts to define and conform CSR into all aspects of their businesses.[ Ahmad NN, Rahim NLA. “Awareness of the concept of corporate social responsibility among
offices which are located in South Africa and Asia (IFCA MSC Berhad 2015). This company had been publicly listed as IFCA MSC Berhad in the Bursa Malaysia. The company designed and built the software solutions
One of the major parts in corporate governance is the director’s code of ethics. The system of law in our life today is closely related to ethics where the law is used to enforce definite rights and duties. Code of Ethics for Company Directors also has been listed down in the portal of Suruhanjaya Syarikat Malaysia. This is because; a position of trust with the public, stakeholders, officers and the employees of the corporation is hold by the director. So the director’s code of ethics is the written
2.2 Malaysian Code on Corporate Governance 2012 Malaysian Code on Corporate Governance(MCCG) 2012 which been released by Securities Commission(SG) on 29 March 2012, has sets out specific recommendations on structures, broad principles and processes which companies should adopt in making good corporate governance an integral part of their business dealings and culture. An excellent achievement towards corporate governance by promoting good compliance and corporate governance culture as well as strengthening
the happening of earthquake, tsunami, flood and draught. Like all other countries in the world, Malaysia is also exposed to the risk of climate change. According to Tangang et al. (2012), the average surface temperature of Malaysia may increase by three to five degree Celsius at the end of 21st century. There is also a risk of sea level rise (Tiong et al., 2009). For the past forty years, Malaysia has experienced a rise of around 0.18°C per decade since year 1951. According to the Malaysia’s Ministry
Perodua headquarters is located on a 162 hectare site in Sungai Choh, Rawang, Selangor Darul Ehsan. It houses among others Perodua corporate building, R&D testing laboratories and styling studio, vehicle test track, manufacturing plant, engine plant, pre-delivery inspection area, vehicle distribution stockyard, part warehouse, Perodua Learning Centre, mosque and a child care centre.
confront these issues. Cadbury company immediately eliminated two products from the shelves which were prohibited for Muslim that contained non-halal ingredients (Hafiz, 2014). Cadbury Confectionery Malaysia recalled related Cadbury’s products rapidly and JAKIM (Department of Islamic Development Malaysia) released a statement regarding eliminating and revoking the halal certification for those products as non-compliance with the requirement. It took very serious toward this incident as it interrelated
For instance public education institutions in Malaysia receive 90% of their funding from government sources with the remainder derived from student fees. The government of Malaysia under Ministry of Education as well as various other funding bodies provides various types of loans and scholarships to student. The most providing loans for student in Malaysia are National Higher Education Fund Corporation (PTPTN) as Main Corporation. Beside that, there