A comparative study of corporate governance regulatory norms in Malaysia and India

This paper attempts to investigate the chronicle of Malaysian and Indian journey towards corporate governance, make a comparative study and analysis of the corporate governance regulatory norms prevalent in the two countries, examine the role of the Chartered Accountants, internal audit committee and internal audit & control systems framework in ensuring the quality of the corporate financials and investors’ interests and to identify what Malaysia and India can learn from each other to further strengthen and set the highest standards of their respective corporate governance frameworks in order to promote better financial discipline among the corporates, protect the interest of the shareholders and thus lead to development of better informed and more efficient capital markets.