ASSESSING AND COMPARING THE LEVEL OF CORPORATE INTEGRITY PRACTICES OF MALAYSIAN STATUTORY BODIES

  • Nurhidayah Yahya Accounting Research Institute, Universiti Teknologi MARA
  • Jamaliah Said Accounting Research Institute, Universiti Teknologi MARA
  • Nor Balkish Zakaria Faculty of Accountancy, Universiti Teknologi MARA Johor
  • Ruhaya Atan Accounting Research Institute, Universiti Teknologi MARA

Abstract

There are few frauds and unethical cases in the Malaysian public sector. These had contributed to a lower score in the Corruption Perception Index (CPI) from 50/100 in the Year 2015 to 49/100 in 2016 and 47/100 in 2017 and 2018 although it increased to 53/100 in 2019. Hence corporate integrity is crucial as one of the mechanisms to curb corruption. This study aims to evaluate and compare the corporate integrity practices of federal and state statutory bodies through questionnaire survey distributed. The measurement for corporate integrity practices is based on three dimensions—ethical foundation, ethical culture and ethical risk management. Based on 194 responses received from top management of Malaysian statutory bodies, the overall corporate integrity practices have shown an above-average score of 5.938 for federal and 5.896 state statutory bodies. The T-test results indicate that there is no significant difference between corporate integrity practices of federal and state statutory bodies. Despite difference resources they have, both types of statutory bodies seem to have and instil an equally high level of corporate integrity practices.
Published
Dec 31, 2020
How to Cite
YAHYA, Nurhidayah et al. ASSESSING AND COMPARING THE LEVEL OF CORPORATE INTEGRITY PRACTICES OF MALAYSIAN STATUTORY BODIES. Asia-Pacific Management Accounting Journal, [S.l.], v. 15, n. 3, p. 165-187, dec. 2020. ISSN 2550-1631. Available at: <http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/1274>. Date accessed: 24 june 2021. doi: http://dx.doi.org/10.24191/apmaj.v15i3.1274.