The implementation of Malaysian code of corporative governance (MCCG) 2000 & 2007 : does it imporve the performance of Malaysia firms?

The main objective of this thesis is to study the relationship appear between the Board Size and the performance of the listed firms in the Malaysia. This study indicate firm performance as study dependent variable which is consisted three proxies (ROE, ROA and Dividend Yield) and two Board Size...

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Bibliographic Details
Main Author: Voon, Kian Tark.
Format: E-LPTA
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2011
Subjects:
Online Access:http://ir.unimas.my/id/eprint/5296/1/THE%20IMPLEMENTATION%20OF%20MALAYSIAN%20CODE%20OF%20CORPORATE%20GOVERNANCE%20%2824pgs%29.pdf
http://ir.unimas.my/id/eprint/5296/
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Summary:The main objective of this thesis is to study the relationship appear between the Board Size and the performance of the listed firms in the Malaysia. This study indicate firm performance as study dependent variable which is consisted three proxies (ROE, ROA and Dividend Yield) and two Board Size mechanisms (Executive Directors and Non Executive Directors). A sample size of 582 companies listed on the Bursa Malaysia between 2004 and 2008 is used. Panel data methodology is employed and the data collection were coded and interpreted by using Descriptive Statistic, Pearson correlation analysis and Panel Least Squares Regression Analysis. The study found that there is a positive relationship between Board Size and Return on Equity; Return on Assets and Dividend Yield. Moreover, the Malaysia Code of Corporate Governance is not applicable for the listed companies in Bursa Malaysia from the year 2004 to year 2008. The conclusion, limitations of the research, and recommendations for future research are discussed lastly in this thesis.