Stakeholders In Malaysia Essay

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Recommended: Concept of stakeholder theory

According to Freeman (1984), he defined that stakeholder which is called as investor relation, is a group of people without whose support the organization would cease to occur and they are one of a group who are directly affect the survival and success of the organization. Based on Malaysia Code of Corporate Governance (MCCG), there is a communication between the company and the stakeholders to improve the understanding objectives and expectation. By communicating, stakeholders are able to make decision that have been informed about the business of the company, governance’s policies environment as well as the social responsibility. The best of practices in stakeholder are the boards have to ensure that there is always an effective, transparent …show more content…

Apart from that, the directors are dedicated in evaluating the information which is disseminated effectively to Maxis’ shareholders and other investing community (stakeholders). From this, Maxis has applied the code that stated in the MCCG. They engage and communicate which each other as it ensure the Maxis Group to understand their stakeholders and to take concerns into account when it comes to decisions making which has achieved the code stated in corporate governance through press releases, quarterly basis of financial results, announcement on Bursa Malaysia, and online Investor Relations section and online News Room where these can be assessed by shareholder and public via Company’s website.
Other extra information which Maxis also provide programmes to investor relations which are included non-deal roadshows, analyst sessions and attending investment conferences to the investment community. They will consistently meet with those major institutional investors and hold regular sessions with financial analysts to discuss business performance and …show more content…

For example they create a Maxis Ekelas where it is an education to the students who are studying in rural and urban poor areas of Malaysia. By doing so, there is not a barrier for them to access sufficient knowledge and experienced teachers. They were also involved in “Giving Back to the Community” – Deepavali Makeover project at SRJK (T) Ladang Kerling. There are more than 40 Maxis employees involved in the school and they help to refurbish the school as well as bring funs to student. Not to forget that they also had been involved in disaster relief which is called as Maxis Cares. It is a giving project where to speed up the restoration of communication service and they provided free minutes and SMS for customers in the affected area so that they can stay in touch with their parents or

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