"Malaysians are complacent in business practices"

March 13, 2018 | By | Reply More

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KUALA LUMPUR: Malaysians generally have a complacent attitude towards having the right business practices, observed Transparency International Malaysia exco Nurirdzuana Ismail.

“If a certain practice for good business governance and management is not made mandatory by the law and authorities, Malaysian companies do not usually adapt the suggested practices. Only when the practice becomes a compulsory rule or law, Malaysian businesses strive to comply,” she said when presenting the Business Integrity Country Agenda (Bica) assessment report here today.

Nurirdzuana is the lead supervisor for Bica Malaysia.

Bica is an initiative of Transparency International developed both to enhance national level business integrity and to create a body of evidence on business integrity in various countries.

Bica is a widely shared agenda for reform and acts as a collective momentum towards enhanced business among key stakeholders.

It is envisaged that Bica will become an important reference point for fighting corruption in business practices around the globe, including Malaysia.

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