Boards mechanisms and Malaysia family companies' performance
Many overseas studies discussed the topic of corporate governance and performance in family companies, however, few studies have been conducted in Malaysia.The objective of this paper is to examine the board mechanisms and family companies performance using three performance indicators (Tobin's...
Saved in:
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Malaysian Accountancy Research and Education Foundation (MAREF)
2011
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/9199/1/18.pdf http://repo.uum.edu.my/9199/ http://www.ukm.my/ajag/ |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.9199 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.91992016-04-24T01:25:36Z http://repo.uum.edu.my/9199/ Boards mechanisms and Malaysia family companies' performance Amran, Noor Afza Che Ahmad, Ayoib HF Commerce Many overseas studies discussed the topic of corporate governance and performance in family companies, however, few studies have been conducted in Malaysia.The objective of this paper is to examine the board mechanisms and family companies performance using three performance indicators (Tobin's Q, Earnings Per Share & Operating Cash Flow).The sample size is 189 family companies listed on Bursa Malaysia from 2003 to 2007.The findings from this study reveal that some of the board mechanisms influence family companies' performance.This study evidenced that family companies with a large board size, low directors' expertise and duality leadership contribute to higher family companies' performance.However, this study found that the academic qualification of directors does not influence firm performance.Therefore, generally, regulators and investors need to be sensitive to the fact that family companies do have differences in corporate governance practices compared to non-family companies. Malaysian Accountancy Research and Education Foundation (MAREF) 2011 Article PeerReviewed application/pdf en http://repo.uum.edu.my/9199/1/18.pdf Amran, Noor Afza and Che Ahmad, Ayoib (2011) Boards mechanisms and Malaysia family companies' performance. Asian Journal of Accounting and Governance, 2. pp. 15-26. ISSN 2180-3838 http://www.ukm.my/ajag/ |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutionali Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
HF Commerce |
spellingShingle |
HF Commerce Amran, Noor Afza Che Ahmad, Ayoib Boards mechanisms and Malaysia family companies' performance |
description |
Many overseas studies discussed the topic of corporate governance and performance in family companies, however, few studies have been conducted in Malaysia.The objective of this paper is to examine the board mechanisms and family companies performance using three performance indicators (Tobin's Q, Earnings Per Share & Operating Cash Flow).The sample size is 189 family companies listed on Bursa Malaysia from 2003 to 2007.The findings from this study reveal that some of the board mechanisms influence family companies' performance.This study evidenced that family companies with a large board size, low directors' expertise and duality leadership contribute to higher family companies' performance.However, this study found that the academic qualification of directors does not influence firm performance.Therefore, generally, regulators and investors need to be sensitive to the fact that family companies do have differences in corporate governance practices compared to non-family companies. |
format |
Article |
author |
Amran, Noor Afza Che Ahmad, Ayoib |
author_facet |
Amran, Noor Afza Che Ahmad, Ayoib |
author_sort |
Amran, Noor Afza |
title |
Boards mechanisms and Malaysia family companies' performance |
title_short |
Boards mechanisms and Malaysia family companies' performance |
title_full |
Boards mechanisms and Malaysia family companies' performance |
title_fullStr |
Boards mechanisms and Malaysia family companies' performance |
title_full_unstemmed |
Boards mechanisms and Malaysia family companies' performance |
title_sort |
boards mechanisms and malaysia family companies' performance |
publisher |
Malaysian Accountancy Research and Education Foundation (MAREF) |
publishDate |
2011 |
url |
http://repo.uum.edu.my/9199/1/18.pdf http://repo.uum.edu.my/9199/ http://www.ukm.my/ajag/ |
_version_ |
1644280042030628864 |
score |
13.160551 |