The Corporate Boardroom: A Fortress Protected by the Business Judgment Rule in Malaysia

dc.contributor.author	Che Shaari, Sharija
dc.date.accessioned	2024-12-19T17:27:43Z
dc.date.available	2024-12-19T17:27:43Z
dc.date.issued	2024-12-20
dc.identifier.citation	Shaari, S. C., Kamil, I.S.M; and Zeno, J.(2024) The Corporate Boardroom: A Fortress Protected by the Business Judgment Rule in Malaysia OER UMS	en_US
dc.identifier.uri	http://oer.ums.edu.my/handle/oer_source_files/2960
dc.description.abstract	In Malaysia, the corporate boardroom operates under the protection of the Business Judgment Rule (BJR), a legal doctrine safeguarding directors who act in good faith and with reasonable care. This principle, embedded in the Companies Act 2016, ensures directors are not held personally liable for decisions made in honest pursuit of the company's best interests. By encouraging calculated risk-taking and innovation, the BJR strengthens corporate governance and decision-making. However, it demands accountability, as directors must demonstrate diligence and avoid conflicts of interest. In Malaysia's evolving corporate landscape, the BJR balances entrepreneurial freedom with legal oversight, promoting sustainable business growth.	en_US
dc.language.iso	en	en_US
dc.publisher	OER UMS	en_US
dc.subject	Business Judgment Rule (BJR), Companies Act 2016, corporate governance, directors , good faith	en_US
dc.title	The Corporate Boardroom: A Fortress Protected by the Business Judgment Rule in Malaysia	en_US
dc.type	Presentation	en_US