What do you think is the purpose of Section 8's prohibition on interlocking directorates? Do you agree with the purpose, or do you think that the “per se” prohibition (subject to the de-minimis exemptions) is too restrictive? Could the goals of the prohibition be obtained in some other way – would a prohibition on only “anticompetitive” interlocks be a better approach?

What do you think is the purpose of Section 8's prohibition on interlocking directorates? Do you agree with the purpose, or do you think that the “per se” prohibition (subject to the de-minimis exemptions) is too restrictive? Could the goals of the prohibition be obtained in some other way – would a prohibition on only “anticompetitive” interlocks be a better approach?

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For many large, global companies that do business in emerging market countries, the risk of corruption is a part of everyday life. Without bribing public officials in those countries, these companies could never build a factory, hire employees, get permission to build infrastructure, sell their products, or conduct other business functions. Shipping merchandise and other items in or out of these countries can be equally difficult, with customs agents in these countries demanding unofficial or “grease” payments to allow shipments to be made. If you worked for one of these global companies, how would you respond to being asked by a senior executive to pay a bribe to a foreign government official to obtain or retain business? Are bribes and “grease” payments a necessary part of doing business abroad and what can be done to lessen the risk?
After OSHA was created, it began a process of and future policy in an area authorized by the law. which involves issuing statements to clarify current
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The corporate governance scandal brought to light many issues which have played an important role in determining the enhancement process addressed by the Government of Malaysia. The fact that agency problems occur between shareholders and mangers and/orshareholders and board of directors these problems were major factors why there was a real need to improve the corporate governance mechanism. The agents or mangers have been accused of not acting on the shareholders best interests. Managers are also blamed for their lack of responsibility for business practices since they do not show the concern as if they were owners themselves.(Extracted from: What Has Changed? The Development of Corporate Governance in Malaysia, Sulaiman Alnasser, 2012, Journal of Risk Finance)REQUIRED:(a) Explain TWO (2) reasons why corporate governance received attention by the Government of Malaysia.