Corporate governance structure and performance of Malaysian listed companies.
Publication date
2006Keyword
Corporate governanceMalaysian Code of Corporate Governance
Malaysia
Corporate performance
KLSE
Board characteristics
Peer-Reviewed
YesOpen Access status
closedAccess
Metadata
Show full item recordAbstract
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
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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 Version of Record
https://doi.org/10.1111/j.1468-5957.2006.00594.xType
Articleae974a485f413a2113503eed53cd6c53
https://doi.org/10.1111/j.1468-5957.2006.00594.x