Research Article
Volume 13 Issue 03
Corporate Board and the Value of Diversified Public Listed Companies in Malaysia
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Abstract
Research summary
This study examines the relationship between corporate board and firm value of diversified companies listed on Bursa Malaysia. It applies a multiple regression analysis on data collected from annual reports of the companies for the year 2017. The corporate board variables considered are board size, tenure of independence directors and the existence of risk management committee, while the value of firm is measured based on excess value. The results reveal that there is a negative relationship between tenure of independent directors, board size with firm value, while risk management committee maintains significant positive relationship with firm value. The study is supportive of the view that enhanced corporate governance practices contributes towards increasing firm value. Generally, this study provides new/additional insights for policy makers or regulators in improving the corporate governance policies in the future and main help in increasing understanding on the relationship between corporate governance practices and firm’s value.
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Article History
Published
31 Mar 2019
How to Cite
Salisu, U., Ishak, Z., & Sawandi, N.. (2019). Corporate Board and the Value of Diversified Public Listed Companies in Malaysia. Journal of Business and Retail Management Research, Volume 13 Issue 03.
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APA
Salisu, U., Ishak, Z., & Sawandi, N.. (2019). Corporate Board and the Value of Diversified Public Listed Companies in Malaysia. Journal of Business and Retail Management Research, Volume 13 Issue 03.
MLA
Salisu, Umar, et al.. "Corporate Board and the Value of Diversified Public Listed Companies in Malaysia." Journal of Business and Retail Management Research, Volume 13 Issue 03, 2019.
Chicago
Umar Salisu, Zuaini Ishak, and Norfaiezah Sawandi. "Corporate Board and the Value of Diversified Public Listed Companies in Malaysia." Journal of Business and Retail Management Research Volume 13 Issue 03 (31 Mar 2019).
Harvard
Salisu, U., Ishak, Z., & Sawandi, N. (2019) Corporate Board and the Value of Diversified Public Listed Companies in Malaysia. Journal of Business and Retail Management Research, Volume 13 Issue 03
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