Corporate governance is not just an issue for the Malaysian companies but also companies throughout the world. The Malaysian Code on Corporate Governance (MCCG) introduced in 2000 has been a significant tool for corporate governance reform, and has influenced corporate governance practices of companies positively. The MCCG reflects global principles and internationally recognised practices of corporate governance which are above and beyond the minimum required by statute, regulations or those prescribed by Bursa Malaysia.

Required:

1.Provide the literature review of the progress of corporate governance in Malaysia

2.Identify two sets of corporate governance statement of two public listed companies in Malaysia. Analyze the corporate governance situation of the respective companies with the reported information.

3.Identify the strength and weakness of the governance in the two companies and describe the implications of the governance structure for the auditor?