\"The Enron Arthur Anderson scandal sparked serious debates on the need to strengthen corporate reporting and governance. The Malaysian government has responded to this call by establishing the Malaysian Code of Corporate Governance (MCCG) 201? to enhance transparency of corporate and nancial reporting among publicly listed companies in this country\". Based on the statement above1 critically evaluate the framework of the MC CG 201?, its Limitations and contributions in enhancing transparency, accountability and sustainability in corporations