@article{Abdul Razak_Wan Zahari_Abdul Razak_Roni_Ulya_2021, title={The Legal Framework of Shareholders Activism in Malaysia in Promoting Environmental, Sustainability and Governance (ESG) }, volume={6}, url={https://ebpj.e-iph.co.uk/index.php/EBProceedings/article/view/2663}, DOI={10.21834/ebpj.v6i16.2663}, abstractNote={<p><a style="cursor: pointer;" href="https://crossmark.crossref.org/dialog?doi=10.21834/ebpj.v6i16.2663&domain=ebpj.e-iph.co.uk&uri_scheme=http%3A&cm_version=v2.0" data-target="crossmark"><img src="https://ebpj.e-iph.co.uk/xmark.jpg" alt="" /> </a></p> <p>Environmental, sustainability and governance (ESG) are components in a corporate sustainability reporting. This paper analysed the legal framework in Malaysia to promote ESG. It employed library-based doctrinal study and comparative legal analysis in a descriptive, analytic and prescriptive manner. Despite the availability of legal framework, the shareholder’s proposal is mostly turned down in general meeting. Nevertheless, there is a growing trend of shareholders activist advocating ESG-related matters. This paper contributes to the discussion on strengthening the framework to promote ESG reporting practices in Malaysia.</p> <p>Keywords: ESG; shareholders activism, shareholder’s proposal,</p> <p><em>eISSN: 2398-4287</em><em>© 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/). Peer–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.</em></p> <p>DOI: https://doi.org/10.21834/ebpj.v6i16.2663</p>}, number={16}, journal={Environment-Behaviour Proceedings Journal}, author={Abdul Razak, Muhammad Umar and Wan Zahari, Wan Zulhafiz and Abdul Razak, Abdul Mu’iz and Roni, Azlan and Ulya, Nurul Ula}, year={2021}, month={Mar.}, pages={203–208} }