1、2100 英文单词， 1.2 万英文字符 ，中文 3600 字 文献出处： Amran N A , Manaf K B A . Board Independence and Accounting Conservatism in Malaysian CompaniesJ. Procedia - Social and Behavioral Sciences, 2014, 164:403-408. Board independence and accounting conservatism in Malaysian companies Noor Afza Amran, Kamarul Bahrain
2、 Abdul Manaf Abstract This paper examines the relationship between board independence and accounting conservatism among Malaysian companies in year 2000 until 2012. What triggers the researchers to carry out this study is that studies found that the implementation of Malaysian Code of Corporate Gove
3、rnance to Malaysian companies has created a higher confidence level to investors and enhances the companys image. Further, one of the elements of good corporate governance is the board independence. However, few studies discuss on accounting conservatism. It is argued that accounting conservatism is
4、 an effective mechanism to address the agency problem. Based on the findings, interestingly, this study found that higher board independence does not align with higher conservatism. Instead, the independent non-executive directors do not actually have the power of independence, monitoring and advisi
5、ng the board of directors. Keywords: Board independence, accounting conservatism, Malaysia. 1. Introduction The Malaysian Code of Corporate Governance was issued in March 2000. It marked a significant milestone in corporate governance reforms in Malaysia. The Code became effective through the revamp
6、ed Listing Requirements of the KLSE in January 2001. Since the release of the Code, the Malaysian corporate scene has made significant strides in corporate governance standards. Later a revised version of the Code was released in 2007. The key amendments to the revised Code were aimed at strengthening the board of directors and audit committees, and ensuring that the board of directors and audit committees discharge their roles and responsibilities effectively. The KLSE-PricewaterhouseCoop
