The Impact of COVID-19 on Corporations and Corporate Law in Malaysia

The Impact of COVID-19 on Corporations and Corporate Law in Malaysia
Author: Loganathan Krishnan
Publisher: Springer Nature
Total Pages: 215
Release: 2022-12-08
Genre: Business & Economics
ISBN: 9811955190
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This book analyzes the impact of COVID-19 on corporations in Malaysia, discussing the challenges and the corporations’ responses to them. The relevant provisions in the Companies Act 2016 are examined, and where necessary, reforms are proposed in light of the new business environment brought on as a result of the pandemic. The book also discusses the interim measures initiated by the various regulators in order to mitigate the impact of COVID-19 and analyzes the adequacy of such measures by drawing analogous positions from countries such as the UK, Australia, and Singapore. This book is a helpful guide for practitioners to manage the impact of COVID-19 on corporations and the Companies Act 2016. The book is a reference point for regulators and policy makers in crafting policies to combat the impact of COVID-19.

Covid-19 and Business Law

Covid-19 and Business Law
Author: Adnan Trakic
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 195
Release: 2021-09-07
Genre: Business & Economics
ISBN: 3110723697
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The COVID-19 pandemic has had extraordinary effects on human lives and economies around the world. Many countries have introduced various measures to stop the spread of the virus and preserve human lives and livelihoods. Some commentators have considered these measures extreme, such as the restrictions imposed on people’s movement and lockdown of countries’ borders. While these measures have undoubtedly saved lives and curbed the spread of the deadly virus, they have also produced some unintended legal implications for individuals and businesses, particularly in the areas of contractual obligations, employment relationships, tourism and hospitality, company law, competition law, human rights and the rule of law, protection of vulnerable groups like migrant workers, and access to judicial and legal services. COVID-19 and Business Law: Legal Implications of a Global Pandemic identifies and discusses specific legal challenges caused by the COVID-19 pandemic in these areas and suggests possible ways in which they could be remedied.

The Impact of COVID-19 Pandemic on Malaysia's Maritime Sectors and Way Forward

The Impact of COVID-19 Pandemic on Malaysia's Maritime Sectors and Way Forward
Author: Sumathy Permal
Publisher: Maritime Institute of Malaysia (MIMA)
Total Pages: 56
Release: 2021-04-19
Genre: Law
ISBN: 9839275666
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Marking the anniversary of one of the most pervasive health crises of our time, MIMA recounts the many ways COVID-19 has affected all things maritime. This Issue Paper provides humanitarian, strategic, environmental, legal, and business perspectives on the effects of the pandemic on marine lives, its industries, and the marine environment – a year after the virus raged on. Issues include commentary on the various aspects and recommendations for the effected sectors to spark discussions among policy planners and maritime professionals. Editors: Sumathy Permal & Huda Mahmoud Contributors: Nurfatin Wahida Puspa, Mazlinawati Abdul Majid, Jeslyn Tan, Zulhilmi Mohd Nizam, Cheryl Rita Kaur, Norsyihan Jamal & Chin Yim Leng

Covid-19 and Business Law

Covid-19 and Business Law
Author: Adnan Trakic
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 183
Release: 2021-09-07
Genre: Business & Economics
ISBN: 3110723808
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Harmonisation of law, a term that refers to an effort to bring two different legal traditions in harmony with one another, has developed a rather negative connotation over time when mentioned in the context of Shari’ah and common law. Harmonisation began to be looked at as an attempt by one legal system to impose its values on the other. A major reason for that is the lack of understanding of the scope to which these two legal traditions converge. One of the principal findings of this book is that Shari’ah and common law have many more commonalities than differences. As a result, the need for harmonisation between the two might have been exaggerated. The similarities do not need to be harmonised. Rather, they need to be acknowledged and appreciated. If the differences between Shari’ah and common law, which undoubtedly exist as evidenced in this book, are approached from the position of appreciation for commonalities, the ambiance to reconcile the differences would be more conducive to the harmonisation process which would, in that case, be reflective of compromise. This book is intended to help readers better understand Shari’ah and common law and aid harmonization efforts when needed.

Corporate Sustainability in Times of Virus Crises

Corporate Sustainability in Times of Virus Crises
Author: Kıymet Tunca Çalıyurt
Publisher: Springer Nature
Total Pages: 279
Release: 2023-05-05
Genre: Business & Economics
ISBN: 9811990794
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This book analyses the effect of biological risk on business and management by considering case studies from Malaysia, Lebanon, and G20 countries during the COVID-19 pandemic. Covering a wide range of topics, such as effects of virus risk on corporate sustainability, COVID-19 and CSR activities, governance practices and regulations for derivative products in emerging markets, risk management during a pandemic, and AI applications in the health sector, this book assists top management in redesigning business models and organisational management in a post-pandemic world and in becoming better equipped to tackle future biological risks or pandemic events.

The COVID-19 Impact on Corporate Leverage and Financial Fragility

The COVID-19 Impact on Corporate Leverage and Financial Fragility
Author: Sharjil M. Haque
Publisher: International Monetary Fund
Total Pages: 51
Release: 2021-11-05
Genre: Business & Economics
ISBN: 1589064127
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We study the impact of the COVID-19 recession on capital structure of publicly listed U.S. firms. Our estimates suggest leverage (Net Debt/Asset) decreased by 5.3 percentage points from the pre-shock mean of 19.6 percent, while debt maturity increased moderately. This de-leveraging effect is stronger for firms exposed to significant rollover risk, while firms whose businesses were most vulnerable to social distancing did not reduce leverage. We rationalize our evidence through a structural model of firm value that shows lower expected growth rate and higher volatility of cash flows following COVID-19 reduced optimal levels of corporate leverage. Model-implied optimal leverage indicates firms which did not de-lever became over-leveraged. We find default probability deteriorates most in large, over-leveraged firms and those that were stressed pre-COVID. Additional stress tests predict value of these firms will be less than one standard deviation away from default if cash flows decline by 20 percent.

Global Pandemic, Technology and Business

Global Pandemic, Technology and Business
Author: Luo Li
Publisher:
Total Pages: 240
Release: 2021-12-29
Genre: COVID-19 (Disease)
ISBN: 9781032010281
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This book presents an exploration of a wide range of issues in law, regulation and legal rights in the sectors of information protection, the creative economy and business activities following COVID-19. The debilitative effect of the global pandemic on information protection and creative and business activities is powerful, widespread and deeply influential, bringing a range of uncertainties to these sectors. The effects of the crisis challenge the fundamentals of the legal systems of most countries in their attempt to govern them. Written by international academics from a diversified background of law disciplines and legal systems, this book offers a global vision in exploring the wide range of legal issues caused by the COVID-19 crisis in these fields. The book is organised into three clear thematic parts: Part I looks at information protection and intellectual property rights and strategies; Part II examines contracts, cooperation and mediation in the post-COVID-19 market arena; and Part III discusses issues pertaining to corporate governance and employment rights. The book explores the unprecedented challenges posed by the pandemic crisis from a global perspective. It will provide invaluable information and guidance in this area to those in the fields of law, politics, and economics whose interests are related to information, business and the creative industry, as well as providing indispensable reading to business practitioners and public servants.

Global Trends 2040

Global Trends 2040
Author: National Intelligence Council
Publisher: Cosimo Reports
Total Pages: 158
Release: 2021-03
Genre:
ISBN: 9781646794973
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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Women, Business and the Law 2021

Women, Business and the Law 2021
Author: World Bank
Publisher: World Bank Publications
Total Pages: 381
Release: 2021-04-05
Genre: Law
ISBN: 1464816530
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Women, Business and the Law 2021 is the seventh in a series of annual studies measuring the laws and regulations that affect women’s economic opportunity in 190 economies. The project presents eight indicators structured around women’s interactions with the law as they move through their lives and careers: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension. This year’s report updates all indicators as of October 1, 2020 and builds evidence of the links between legal gender equality and women’s economic inclusion. By examining the economic decisions women make throughout their working lives, as well as the pace of reform over the past 50 years, Women, Business and the Law 2021 makes an important contribution to research and policy discussions about the state of women’s economic empowerment. Prepared during a global pandemic that threatens progress toward gender equality, this edition also includes important findings on government responses to COVID-19 and pilot research related to childcare and women’s access to justice.