什么是公司治理.ppt

INTERNATIONAL CONFERENCE ON “CORPORATE GOVERNANCE REFORM : CHINA AND EAST ASIA“-BOARD OF DIRECTORS IN CORPORATE GOVERNANCE By Dato’ Megat Najmuddin Khas President Malaysian Institute of Corporate Governance (MICG) Federation of Public Listed Companies Bhd (FPLC) WHAT IS... CORPORATE GOVERNANCE? “ Corporate governance is the process and structure used to direct and manage the business and affairs of the company towards enhancing business prosperity and corporate accountability with the ultimate objective of realising long term shareholder value, whilst taking into account the interest of other stakeholders ”. LEGALLY, CORPORATE GOVERNANCE IS ESSENTIALLY ABOUT LEADERSHIP Therefore, Board of Directors must be the FIRST to BUY INTO the idea of GOOD CORPORATE GOVERNANCE. TRAINING !! New Era of Learning Boards BOARDS MUST REALISE THAT :- Corporate Governance is about focusing on the quality of life not the quality of goods . Three (3) requirements for quality of life :- Social Cohesion Ecological Integrity Effective decision making on the long run basis. BOARDS MUST KNOW THAT:- An ethical society is fundamental to run business. Corporate Governance is about going back to basics, a return to a “value culture” Boards must return to basic virtues of : HONESTY , RESPONSIBILITY , HUMILITY AND LOVE . BOARDS MUST LOOK AT THE TRIPLE BOTTOM LINES:- Profitability - Shareholders Value Social Responsibility Environmental Protection Do we all need good Corporate Governance? YES ! BECAUSE: We need a good image. We need a good reputation to instill CONFIDENCE in us, locally and internationally. We need Good Corporate GovernanceBECAUSENeed Arises to Reinvent the Corporate Enterprise to Efficiently Meet Emerging Global Competition which will be Market-Oriented We have no choice but to:  prepare for GLOBALISATION prepare for GLOBAL COMPETITION be WORLD CLASS , to be RELEVANT BECAUSE: