The moderating role of electronic voting system on board ownership and board effectiveness
The objective of this study is to examine the moderation effect of electronic voting system on the relationship between board ownership and board effectiveness. A sample of 76 public listed companies in Malaysia from a population of Top 100 public listed companies were studied. The data were coll...
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| Main Authors: | , , , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2021
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| Subjects: | |
| Online Access: | http://eprints.unisza.edu.my/4537/1/FH03-FPP-21-53287.pdf http://eprints.unisza.edu.my/4537/ |
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| Summary: | The objective of this study is to examine the moderation effect of electronic voting system on the
relationship between board ownership and board effectiveness. A sample of 76 public listed companies
in Malaysia from a population of Top 100 public listed companies were studied. The data were
collected from the annual report in 2018 of the sampled listed companies. Data collected was analysed
using Stata analysis Version 13 through descriptive analysis and multiple regression analysis. The
findings of the study revealed that the influence of board ownership on board effectiveness was
partially confirmed. Government ownership has a significant and positive influence on board
effectiveness. However, institutional ownership and family ownership have no significant relationship
with board effectiveness. Furthermore, the results have shown that the moderating effect of electronic
voting system was rejected. This study suggests that the MCCG should formulate policies that ensure
all public listed companies in Malaysia utilize the electronic voting system at AGM in order to
encourage the participation of shareholders to vote for the resolutions. |
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