Business Entitiesâ€™ Liability for â€˜Associated Personsâ€™ Corruption in Malaysia: Key reflections
Section 17A of the Malaysian Anti-Corruption Commission Act 2009 imposes liability on business entities and their management if persons associated with them offer a bribe for their benefit. It provides a new regulatory capture to the meaning â€˜Associated Personsâ€™ and corporate liability. This doctrinal research highlights the associated persons' legal framework that business entities should take cognisance of and incorporate in business operations. A comparative approach is undertaken to investigate how other jurisdictions deal with the issue. The studyâ€™s findings are significant to Malaysiaâ€™s business entities in curbing the associated personsâ€™ corruption acts.
Keywords: corporate liability; associated person; corporate corruption; risk assessmentÂ
eISSN: 2398-4287Â© 2021. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peerâ€“review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians/Africans/Arabians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.