An Overview of Reporting Practices in Malaysian Foundations

  • Nurul Iffah Ghazali
  • Nur Afiqah Md Amin
  • Rina Fadhilah Ismail
  • Ahmad Zamri Osman


The increasing number of foundations or ‘Yayasan’ provide many advantages to national social, economic, and political development. This paper seeks to identify foundation reporting practices in Malaysia. Since NPOs commonly have multiple accountabilities, this paper also aims to identify the major stakeholders of the foundation. This paper used in-depth face-to-face interviews with the account and administrative managers of 4 foundations in Malaysia and a document review were developed to collect data. The findings indicated that the foundations in Malaysia vary in legal forms: state-owned, state-religious council-owned, private independent, and private corporation. The reporting practices also followed the legal forms on which the foundation was established to. It is suggested to have specific reporting guidelines and monitoring by the authorities to allow comparability and enhance transparency among the NPOs, especially the foundation.


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How to Cite
GHAZALI, Nurul Iffah et al. An Overview of Reporting Practices in Malaysian Foundations. International Journal of Advanced Research in Economics and Finance, [S.l.], v. 6, n. 1, p. 86-100, mar. 2024. ISSN 2682-812X. Available at: <>. Date accessed: 23 may 2024.
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