Limited Liability Partnership in Malaysia: A Corporate Governance Perspective

Salim, Mohammad Rizal

doi:10.2139/ssrn.2329493

Limited Liability Partnership in Malaysia: A Corporate Governance Perspective

This material was first published by Thomson Reuters (Professional) UK Limited in Mohammad Rizal Salim, “Limited Liability Partnership in Malaysia: A Corporate Governance Perspective" [2013] I.C.C.L.R., Vol. 24, Issue 12 p.421 and is reproduced by agreement with the Publishers.

7 Pages Posted: 23 Sep 2013 Last revised: 20 Mar 2017

See all articles by Mohammad Rizal Salim

Mohammad Rizal Salim

Nottingham University Business School, Malaysia Campus

Date Written: September 23, 2013

Abstract

This paper examines corporate governance issues in the Limited Liability Partnership structure in Malaysia. Although comparable to the company in that the LLP has legal personality, it suffers from a distinctive agency problem due to the lack of separation of ownership and control. This paper presents a case for more legislative guidance particularly with respect to creditors’ and minorities’ protection.

Keywords: Limited Liability Partnership, LLP, corporate governance, Malaysia

JEL Classification: K22, G3

Suggested Citation: Suggested Citation

Salim, Mohammad Rizal, Limited Liability Partnership in Malaysia: A Corporate Governance Perspective (September 23, 2013). This material was first published by Thomson Reuters (Professional) UK Limited in Mohammad Rizal Salim, “Limited Liability Partnership in Malaysia: A Corporate Governance Perspective" [2013] I.C.C.L.R., Vol. 24, Issue 12 p.421 and is reproduced by agreement with the Publishers., Available at SSRN: https://ssrn.com/abstract=2329493 or http://dx.doi.org/10.2139/ssrn.2329493