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Malaysian budget hotel and accommodation cooperatives: a study on corporate governance practice

Mohd Shariff, Nurhazani and Zainol Abidin, Azlan and Abdul Manaf, Kamarul Bahrain (2016) Malaysian budget hotel and accommodation cooperatives: a study on corporate governance practice. International Business Management, 10 (21). pp. 5172-5179. ISSN 1993-5250

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Abstract

Corporate governance has becoming a vital issue which tremendously researched even in a small organization such as cooperative.However, none has studied in the context of Malaysian budget hotel and accommodation cooperatives.This study investigated 56 Board of Directors’ perceptions to find out their awareness of the corporate governance and the existing guidelines in their cooperatives.The study also examined their perceptions toward nine aspects of corporate governance such as management, appointment, responsibilities and accountability, information, assessment, remuneration, auditing and control, communication and finally principles and values. The findings highlighted that board of Directors aware of the corporate governance practice and the existing guidelines. Further, the findings also indicated positive perceptions regarding the practice which significantly contributes to the management of budget hotel and accommodation cooperatives to sustain the economy and community wealth.

Item Type: Article
Uncontrolled Keywords: Corporate governance, cooperative, budget hotel and accomodation, tourism and hospitality, Malaysia
Subjects: G Geography. Anthropology. Recreation > GV Recreation Leisure
Divisions: School of Tourism, Hospitality & Environmental Management
Depositing User: Prof. Madya Dr. Nurhazani Mohd Shariff
Date Deposited: 07 Feb 2017 00:58
Last Modified: 07 Feb 2017 00:58
URI: https://repo.uum.edu.my/id/eprint/20857

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