Corporate governance mechanisms and company performance: Evidence from Malaysian companies

The aim of the paper is to examine the effect of corporate governance mechanisms on Malaysian firms’ performance. The sample size is 424 companies on Bursa Malaysia. The findings reveal that in terms of board governance mechanisms, family-controlled companies are shown to have smaller board size and...

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Bibliographic Details
Main Author: Amran, Noor Afza
Format: Article
Language:English
Published: Zia World Press, Australia 2011
Subjects:
Online Access:http://repo.uum.edu.my/10354/1/NA2.pdf
http://repo.uum.edu.my/10354/
http://www.irbrp.com/
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Summary:The aim of the paper is to examine the effect of corporate governance mechanisms on Malaysian firms’ performance. The sample size is 424 companies on Bursa Malaysia. The findings reveal that in terms of board governance mechanisms, family-controlled companies are shown to have smaller board size and practise duality leadership in running their businesses.In contrast,for non-family controlled companies, director’s qualification helps to enhance firm performance. Based on the findings, regulators and investors need to be aware that the corporate governance practised by family- controlled companies differs to that of non- family controlled companies.