In order to end global poverty, corruption is expected to be one of the most debatable
problems by 2030. Combating corruption is a key element of the sustainability goals
and achieves targeted goals for financing development. In the context of corporations,
good corporate governance structure is one of the key components of business efforts
to improve conditions, policy and counter the unethical activities that the corporations
face. As several empirical researches have shown, the overall effect of anti-corruption
policies is reduced without a solid corporate governance system. This study thus
explores the effect of good corporate governance elements such as shareholder rights,
responsibilities of the board and transparency of government-linked companies listed
on the Bursa Malaysia Main Market on anti-corruption initiatives. Annual reports were
used to collect data from a total of 28 sustainability reporting for 2018 by the
government-linked companies. The findings suggested that good corporate governance
has affected the government-linked corporations' anti-corruption policies in their
process of governance. However, the results found that, in terms of shareholder’s rights,
responsibilities of the board and transparency, has a negligible association with the anti-
corruption efforts disclosure. This research makes some contributions. The findings
would help the company and its shareholders appreciate the value of corporate
governance in influencing the anti-corruption efforts disclosure. This research will also
aid governments-linked businesses in their anti-corruption activities to expose effective
disclosures of corruption.
