Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange
This study aims to determine how board diversity affects agency costs in Malaysia. The sample of 395 firms listed on Bursa Malaysia from 2014 to 2016 was examined in this study. All non-financial data were collected from the annual report, and financial data were composed of DataStream. In...
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my.unimas.ir.427902023-09-14T00:30:47Z http://ir.unimas.my/id/eprint/42790/ Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange Mohd Waliuddin, Mohd Razali Najihah, Mohd Nasir Shazali, Shaharudin H Social Sciences (General) HG Finance This study aims to determine how board diversity affects agency costs in Malaysia. The sample of 395 firms listed on Bursa Malaysia from 2014 to 2016 was examined in this study. All non-financial data were collected from the annual report, and financial data were composed of DataStream. Increasing board size and board independence decreases the agency's cost. This bigger board size and more independent directors enhance better monitoring of agency costs. Future researches suggest this study can be extended using more sample and period of study and using other countries' data. OPRA Publications 2023 Article PeerReviewed text en http://ir.unimas.my/id/eprint/42790/1/Journal%20Agency%20cost.pdf Mohd Waliuddin, Mohd Razali and Najihah, Mohd Nasir and Shazali, Shaharudin (2023) Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange. International Journal of Advanced Multidisciplinary Research and Studies, 3 (5). pp. 228-232. ISSN 2583-049X https://www.multiresearchjournal.com/arclist.php?list=2023.3.5&id=1642 |
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H Social Sciences (General) HG Finance Mohd Waliuddin, Mohd Razali Najihah, Mohd Nasir Shazali, Shaharudin Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange |
description |
This study aims to determine how board diversity affects
agency costs in Malaysia. The sample of 395 firms listed on
Bursa Malaysia from 2014 to 2016 was examined in this
study. All non-financial data were collected from the annual
report, and financial data were composed of DataStream.
Increasing board size and board independence decreases the
agency's cost. This bigger board size and more independent
directors enhance better monitoring of agency costs. Future
researches suggest this study can be extended using more
sample and period of study and using other countries' data. |
format |
Article |
author |
Mohd Waliuddin, Mohd Razali Najihah, Mohd Nasir Shazali, Shaharudin |
author_facet |
Mohd Waliuddin, Mohd Razali Najihah, Mohd Nasir Shazali, Shaharudin |
author_sort |
Mohd Waliuddin, Mohd Razali |
title |
Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange |
title_short |
Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange |
title_full |
Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange |
title_fullStr |
Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange |
title_full_unstemmed |
Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange |
title_sort |
board diversity and agency cost: evidence from bursa malaysia stock exchange |
publisher |
OPRA Publications |
publishDate |
2023 |
url |
http://ir.unimas.my/id/eprint/42790/1/Journal%20Agency%20cost.pdf http://ir.unimas.my/id/eprint/42790/ https://www.multiresearchjournal.com/arclist.php?list=2023.3.5&id=1642 |
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