A new book on corporate governance involving Cirad research
Quantitative methods to decipher corporate governance: from biomass, forest and plantations to Malaysia corporate finance…
How the complex pattern of shareholdings and subsidiaries (entangled, hierarchical, pyramidal...) is influencing actions, decisions, policies and strategies?
Indeed conglomerates and mega corporation behavior are influenced by their ownership structure.
Questions about how the structure of commodity corporates could have an impact on the sustainability of agricultural landscapes are of direct interest for Cirad.
Many events linked to deforestation, forest management, palm oil/rubber/timber plantations sustainability, biomass and biofuel strategies, are driven by international finance and mega corporations choices.
In 2010 Jean-Marc Roda and his Malaysian team at Universiti Putra Malaysia started to develop methodologies aimed at deciphering corporate governance and their environmental commitments among Southeast Asian transnationals (Roda et al. 2015 )
Research tools developed throughout the project proved extremely accurate for the deciphering of any kind of corporate financial structures. Such quantitative methods of ownership structure analysis, initially designed for the analysis of forest and agriculture financial sector, were successfully employed to independently confirm and illustrate previously published results from E.T Gomez. We were able to demonstrate how a core of 26 corporations control the Malaysian corporate sector and to provide details on how this control spreads among the financial network.
The book “Minister of Finance Inc. - Ownership and control of corporate Malaysia” was launched by IDEAS in August 2017. It covers all Malaysian financial sectors and its chapter 4 focuses on the plantation sector and on the quantitative methods used for comparison and validation.
The book is available at https://www.palgrave.com/de/book/9789811048968