Malaysian Institute of Corporate Governance
Discover our specialised technical courses dedicated to governance and sustainability, structured into five tracks.
Explore our innovative programmes designed to enrich your understanding of diverse and contemporary issues.
Immerse into our personalised training programmes curated to align with your organisation’s unique needs.
Embracing the belief that ethical business practices are the bedrock of sustained success, we invite organisations to join us on this journey towards a more sustainable and accountable future.
Our advocacy centers on research and establishing
governance and sustainability standards, driving positive change and
responsible practices in every sector.
Pioneering research to drive informed decision-making, ensuring sustainable business practices that align with evolving governance standards and environmental responsibility.
Establishing benchmarks for corporate governance excellence, shaping industry norms, and fostering a business environment founded on ethical principles, transparency, and stakeholder value.
Evaluating corporate structures to enhance accountability and performance, providing actionable insights that empower companies to navigate challenges and excel in the ever-evolving business landscape.
Leading change by convening impactful conferences, with our flagship event focusing on procurement excellence. Uniting thought leaders to shape governance and sustainability agendas for a thriving future.
The Malaysian Code on Corporate Governance (MCCG) provides guidelines for companies to observe good corporate governance and sustainability in their business practices. MCCG emphasises the responsibilities of companies to their shareholders by ensuring the highest level of transparency, accountability, and integrity. While the MCCG is targeted at listed companies, non-listed entities, including state-owned enterprises, public companies, and capital market intermediaries, are encouraged to embrace this Code.
MCCG was first developed in 2000 following a recommendation by the High-Level Finance Committee on Corporate Governance. The Committee was established by the Government during the 1998 Asian financial crisis to look into establishing a framework for corporate governance and setting best practices for the industry. The Committee formed a Working Group on Best Practices in Corporate Governance (JPK1) to develop the MCCG, which MICG later published in collaboration with the Malaysian Law Journal Sdn Bhd.
The MCCG was subsequently reviewed and updated in 2007, 2012, 2017 and 2021 to ensure it remains relevant and is aligned with globally recognised best practices and standards. The latest version of MCCG is available on the Securities Commission Malaysia’s website.
The Securities Commission
Malaysia has taken a significant step towards enhancing corporate governance
within micro small and medium-sized enterprises (MSMEs) by announcing the development
of a governance code for MSMEs in its Corporate Governance Strategic Priorities
document. The Code aims to provide a framework that addresses MSMEs’ unique
needs and challenges, promoting transparency, accountability, and responsible
To facilitate the
development of the Code, a dedicated Working Group has been established,
bringing together key stakeholders in the endeavour. Chaired by the Securities
Commission Malaysia, other working group members include the Ministry of
Development Entrepreneurship and Cooperative (MEDEC), SME Corporation Malaysia
and MICG. MICG has been entrusted with developing the Code, which is scheduled for
public consultation in January 2024. The release of the Code is scheduled for
the second quarter of 2024, marking a milestone in fortifying corporate
governance practices within Malaysia’s MSME landscape.
Stay tuned for updates as
this initiative unfolds.
Registered with Ministry of Finance Registration Ref No.: 357-0002351173
Malaysian Institute of Corporate GovernanceInstitut Tadbir Urus Korporat Malaysia3A-02, Block FPusat Perdagangan Phileo Damansara 19, Jalan 16/11, Off Jalan Damansara46350 Petaling JayaSelangor Darul Ehsan, Malaysia
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