A Pre- and Post- MCCG 2012 Evaluation on the Impacts of Corporate Governance and Intellectual Capital with Firm Performance


  • Yen Wen Chang Taylor's University, 1, Jalan Taylors, 47500 Subang Jaya, Malaysia
  • David Ching Yat Ng Universiti Tunku Abdul Rahman, Jalan Sungai Long, Bandar Sungai Long, 4300 Kajang, Malaysia




Corporate Governance, Intellectual Capital, MCCG 2012, Government-Linked Companies


This paper aims to examine and compare the impact of corporate governance (CG) and intellectual capital (IC) on firm performance (FP) between pre- Malaysia Code of Corporate Governance (MCCG) 2012 and post- MCCG 2012 of GLCs. Panel data analysis was used. The data were collected from the annual report of the 32 GLCs from 2005 to 2012 (pre- MCCG 2012) and from 2013 to 2020 (post- MCCG 2012). There was a total of 512 firm-year observations. The CG of post- MCCG 2012 has a greater impact on earnings per share (EPS) compared to pre- MCCG 2012. The IC of pre- MCCG 2012 has a greater impact on return on equity (ROE), Tobin's Q and EPS.


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How to Cite

Chang , Y. W., & Ng , D. C. Y. (2022). A Pre- and Post- MCCG 2012 Evaluation on the Impacts of Corporate Governance and Intellectual Capital with Firm Performance. Environment-Behaviour Proceedings Journal, 7(SI8), 19–25. https://doi.org/10.21834/ebpj.v7iSI8.3909