TY  - JOUR
T1  - Assessing Accountability in Government Linked Companies: An Empirical Evidence
AU - Said, Jamaliah AU - Jaafar, Nur Hidayah AU - Atan, Ruhaya 
JO  - International Business Management
VL  - 9
IS  - 4
SP  - 460
EP  - 469
PY  - 2015
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2015.460.469
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2015.460.469
KW  - Accountability
KW  -government linked company
KW  -governance
KW  -performance
KW  -close attention
AB  - In Malaysia, issues of accountability and corruption have tarnished the image of numerous Government Linked Companies (GLCs) and there is a need to understand the internal forces that contribute to this reality. This study assesses internal factors, namely board effectiveness, internal control and leadership qualities that contribute to a lack of accountability in selected Malaysian GLCs. Based on a survey involving 102 GLCs, it was revealed that all 3 internal factors contribute significantly to accountability in GLCs. Findings also revealed that active participation of board members correlated positively with accountability. In addition, sound internal control practices enhanced accountability in the organizations. Finally, quality leaders also play a key role in order to improve accountability in GLCs. The findings of this study suggest that Malaysian GLCs need to pay close attention to the aforementioned internal factors to ensure success.
ER  -