Corporate governance structure and performance of Malaysian listed companies.
Haniffa, Roszaini M. Hudaib, Mohammad
Haniffa, Roszaini M.
Hudaib, Mohammad
Publication Date
2006
End of Embargo
Supervisor
Rights
Peer-Reviewed
Yes
Open Access status
closedAccess
Accepted for publication
Institution
Department
Awarded
Embargo end date
Collections
Additional title
Abstract
This study investigates the relationship between the corporate governance structure and performance of 347 companies listed on the Kuala Lumpur Stock Exchange (KLSE) between 1996 and 2000. We found board size and top five substantial shareholdings to be significantly associated with both market and accounting performance measures. In addition, we found a significant relationship between multiple directorships and market performance while role duality and managerial shareholdings are significantly associated with accounting performance. The result is robust with respect to controls for gearing, company size, industry membership and growth opportunities.
Version
No full-text in the repository
Citation
Haniffa, R.M. and Hudaib, M. (2006). Corporate governance structure and performance of Malaysian listed companies. Journal of Business Finance and Accounting. Vol. 33, No. 7, pp. 1034-1042.
Link to publisher’s version
Link to published version
Link to Version of Record
Type
Article