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.
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In-Text Citation: (Rashid et al., 2018)
To Cite this Article: Rashid, N., Muhmad, S. N., Haat, M. H. C., Muhmad, S. N., Hashim, H. A., & Afthanorhan, A. (2018). Risk Management Effectiveness Index Score for Pre and Post Malaysian Code on Corporate Governance 2012. International Journal of Academic Research in Business and Social Sciences, 8(12), 729–741.
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