PROPERTY RIGHTS & DISPUTE RESOLUTION

Property rights are one of the fundamental institutions of any capitalist economic system. Property owners, private or public, have the right to allocate the use of their property and to transfer the rights to others at will. Such allocation and transfer of rights require a professional and reliable public service and legal system to delineate what constitutes the property and what rights are attached, and to protect them when there are disputes. Disputes arise when one party accuses another of infringing on their property rights. In the BEI survey, we assessed the confidence of the respondents in the legal system’s protection of property rights and their perceptions of the process of dispute resolution involving rental contracts and private land.

The Property Rights sub index aims to measure the confidence in both the legal system’s protection of property rights and in the fairness of dispute resolution.

The higher overall index score along with the individual scores for sub-indices always refer to a better performance within the context of the BEI.

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Credits:

The Malaysia Business Environment Index (2012) is the result of the collaborative efforts of many individuals. The authors of the report were Dr. Jane Terpstra Tong (Monash University Sunway Campus), Nina Merchant-Vega (The Asia Foundation) and Dr. Robert Terpstra (Monash University Sunway Campus). Expert technical advice was provided by Dr. Edmund Malesky (University of California, San Diego). Valuable comments and support were provided by Anthea Mulakala, Reid Hamel, Herizal Hazri, Dr. Yeah Kim Leng, Kristina Fong, Jason Fong, and Munsifah Abdul Latiff. Research assistance was provided by Koh Jen Li, Peg-Gy, and Collin Gerst.

The survey data visualization project "Business Environment Index: Malaysia" was led by John Karr, Director for Digital Media at The Asia Foundation. Steve Ubiera, Production and Systems Administrator for The Asia Foundation served as the project manager and data visualization designer. Site development was conducted by William Wang and Johan Baversjo.