Comparison of MCCG 2012 and MCCG 2017: Board Tenure and Board Independence across the Malaysian Oil and Gas PLCs

Abstract

Purpose – This study investigates the impact of the two main determinants of strengthening the independence of the board through Independent Board of Directors and Board Tenure compared between pre and post MCCG 2017.Design/methodology/approach – The study will follow the purposive sampling method followed by descriptive statistics, regression analysis and content analysis derived from MCCG 2012 and MCCG 2017 together with previous studies to analyse the annual reports in order to explore the reporting of Board Independence and Board Tenure.Originality/value – This study is a systematic review of recent research developments in MCCG 2012 and MCCG 2017. The Board Independence and Board Tenure scoring index designed could also be applied to other PLCs other than the Malaysian oil and gas industry.