TY  - JOUR
T1  - Malaysian Budget Hotel and Accommodation Cooperatives: A Study on Corporate Governance Practice
AU - Mohd Shariff, Nurhazani AU - Zainol Abidin, Azlan AU - Bahrain Abdul Manaf, Kamarul 
JO  - International Business Management
VL  - 10
IS  - 21
SP  - 5172
EP  - 5179
PY  - 2016
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2016.5172.5179
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2016.5172.5179
KW  - Corporate governance
KW  -cooperative
KW  -budget hotel and accommodation
KW  -tourism and hospitality
KW  -Malaysia
AB  - 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.
ER  -