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The Asian financial crisis of 1997 resulted in Malaysian commercial banks seeking to strengthen their corporate governance, transparency and disclosure levels. The aim of this research is to review corporate governance in relation to ownership structure of domestic owned banks in terms of government connected ownership and foreign ownership of commercial banks in Malaysia. This research has given a brighter insight into corporate governance and bank performance in selected Malaysian commercial banking institutions. The findings have also provided useful information to investors, bankers and regulators pertaining to the importance of the role of corporate governance practices in the Malaysian banking system and its performance. Different types of bank ownership have had different concerns about implementing corporate governance practices among commercial banks in Malaysia.

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