Quality Corporate Reporting Boosts Investor Confidence – Abdul Wahid
KUALA LUMPUR: High-quality corporate reporting has a significant impact on investor confidence, facilitates business growth, and ultimately contributes to overall economic progress.
Bursa Malaysia Chairman, Tan Sri Abdul Wahid Omar, stated that companies that demonstrate good reporting practices set a benchmark for transparency and integrity—values that are crucial for sustainable growth and long-term success. These practices not only benefit individual companies but also enhance the credibility of the Malaysian corporate sector and economy as a whole.
He emphasized that in a rapidly evolving and highly competitive global market, the importance of clear, accurate, and transparent corporate reporting cannot be underestimated.
“An annual report is more than just a collection of financial statements. It serves as a key instrument that provides insights into a company’s strategy, performance, and aspirations.
“It reflects a company’s commitment to engaging with stakeholders and providing essential information needed for decision-making,” he said in his speech at the virtual launch of the National Annual Corporate Report Awards (NACRA) 2025 today.
Abdul Wahid highlighted that for investors, regulators, and the public, annual reports are often the primary channel for assessing a company’s governance practices, corporate culture, and long-term competitiveness.
“Through these reports, trust is built and credibility is earned. Clear reporting not only demonstrates financial accountability but also underscores a company’s commitment to upholding the highest standards of business practices,” he said.
Today, the evaluation of publicly listed companies goes beyond financial performance and corporate governance. For Bursa Malaysia, sustainability is not just about compliance—it is a top priority.
“This focus reflects the growing awareness of the connection between business operations and environmental, social, and governance (ESG) factors.
“The Enhanced Sustainability Reporting Framework, aligned with the National Sustainability Reporting Framework, emphasizes greater transparency and accountability in managing sustainability risks and opportunities. This not only strengthens business resilience but also supports the country’s broader sustainability agenda,” he added.
By participating in NACRA 2025, companies not only showcase their commitment to high-quality corporate reporting but also contribute to a collective effort to enhance transparency and accountability across all sectors.
“Whether you are an industry leader or a new company, NACRA provides a platform to highlight your strengths in corporate reporting.
“It is an opportunity to showcase your dedication to best practices, allowing your company to present its narrative to a wider audience and enhance its corporate reputation,” he said.
— Agency
