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PETALING JAYA: The Securities Commission (SC) has inked a memorandum of understanding or MoU with Universiti Malaya and Monash University Malaysia to collaborate on a series of programmes towards instilling early understanding of corporate governance principles, practices and issues among youth.

This initiative, which is part of the SC’s Corporate Governance Strategic Priorities 2021-2023 (CG Strategic Priorities), aims to deepen engagement with the youth segment and embed an early and better understanding on corporate governance.

“The collaboration facilitates the SC in engaging students and faculty members through, among others, guest lectures involving CG industry practitioners and experts aimed at broadening students’ exposure to current discussions and developments in relation to corporate governance.

“Opportunities for joint research will also be explored, the outcomes of which will assist in the development of the SC’s future policies and strategic initiatives,” said the SC in a statement yesterday.

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SC chairman Datuk Seri Dr Awang Adek Hussin said the parties were driven by a common goal of engaging and empowering the young, as well as a need to instil integrity and accountability values early among them.

“We hope that our joint efforts will have a long and positive impact on the youth.”

University Malaya vice-chancellor Prof Datuk Dr Mohd Hamdi Abd Shukor said the university was proud to collaborate with the SC in this initiative to instil appreciation of corporate governance principles and its associated best practices amongst the students.

“It is our hope that this collaboration will foster the development of future corporate leaders with a deep conviction for good corporate governance.”

Meanwhile, Monash University Malaysia president and pro vice-chancellor Professor Matthew Nicholson said: “Monash is committed to the development of human capital in Malaysia, through excellence in education and research, a common goal that is shared by our partners.”