How ICT Enhances Corporate Governance

By: Sonny Zulhuda

The influences of ICT to the notion of corporate governance can not be more obvious in today’s enterprises that operate in the technological environment. It has led to the development of the concept of the virtual corporation, the virtual investor and the virtual fiduciary; all would affect the interlocking relationships among the different groups (Hee, 2003).

If ICT does come to be used extensively by enterprises in the future, this could have a significant effect on the way companies are managed and on the way in which the interests of the shareholder and the stakeholder are balanced by the corporate governors, its board and directors (Burns, 2001). For the sake of limitation, this paper specifically investigates the implication of ICT on three key components of corporate governance: transparency, internal control and risk management.

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Corporate Governance Revisited

By Sonny Zulhuda

(This constitutes the first section of the paper discussing on ICT risks management and corporate governance, presented in Brunei Darussalam, April 2007).

Corporate governance is now becoming a standard requirement for proper industrial conduct and effective organization. More so for micro and medium-sized enterprises (MMEs) vying for access to financial services, perimeters such as internal control, transparency, and disclosure of material information –among key areas of corporate governance– are something potential investors today would naturally like to see with particular interests. As Chapra and Ahmed (2002) argued, effective corporate governance is one of the most important pillars of the new environment that needs to be created to replace the old socio-economic environment that no longer exists. Continue reading “Corporate Governance Revisited”

Legal Framework for Multimedia (BBL3014)

I have tought this subject in Multimedia University for the past four years and found it to be both challenging and interesting. In this subject students learn about a range of issues that affect multimedia industries. Issues like online contracts, multimedia licensing, intellectual property rights, content liabilities, crimes over cyberspace and data protection are discussed while highlighting recent incidents as well as relevant legal provisions, both in Malaysia and other jurisdictions. This subject is offered at least once in a year for Faculty of Management students concentrating in management with multimedia.