Ethnic diversity on boards and market performance: An empirical investigation in Malaysia

• Main Authors: Hassan, R., Marimuthu, M., Johl, S.K.
• Format: Article
• Published: American Scientific Publishers 2015
• Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-84946085387&doi=10.1166%2fasl.2015.6036&partnerID=40&md5=b1b233f1d8f77059b5e5763c8e8cf1c4; http://eprints.utp.edu.my/26061/

This study seeks to examine the relationship between ethnic diversity among board members and market value of listed firms in Malaysia. Ethnic diversity is defined as the number of non-bumiputra (Chinese, Indian) on the board of directors. The concept of value-in-diversity argues that a diverse work...