Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal

This dissertation examines the association between board structure and corporate performance, where performance is defined as the value added (VA) efficiency of the firms' physical and intellectual resources rather than the more commonly used financial terms or profitability ratios. It is ar...

Full description

Saved in:

Bibliographic Details
Main Author:	Mustaffa Kamal, Nurmala
Format:	Thesis
Language:	English
Published:	2005
Subjects:	Malaysia
Online Access:	https://ir.uitm.edu.my/id/eprint/3411/1/TM_NURMALA%20MUSTAFFA%20KAMAL%20AC%2005_5%201.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uitm-ir.3411
record_format	uketd_dc
spelling	my-uitm-ir.34112016-08-17T07:41:54Z Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal 2005 Mustaffa Kamal, Nurmala Malaysia This dissertation examines the association between board structure and corporate performance, where performance is defined as the value added (VA) efficiency of the firms' physical and intellectual resources rather than the more commonly used financial terms or profitability ratios. It is argued that the inclusion of intellectual elements into the measurement provides a long-term measurement of corporate performance. The VA efficiency of the firms' total resources is calculated using the Value Added Intellectual Coefficient (VAIC) methodology developed by Ante Pulic (1998). The four board characteristics that are of interest in this study are board composition, directors' ownership, CEO duality and board size. Based on a randomly selected sample of 75 companies listed on the main board of Bursa Malaysia, it is found that board composition and board size have a positive impact on the VA efficiency of firms' total resources, while the effects of directors' ownership and CEO duality on the VA efficiency of firms' total resources are not established. The outcome of the study shows that the emphasis on the importance of independent non-executive directors on the board by the Malaysian Code on Corporate Governance and by the requirements of Bursa Malaysia is deemed very important to the long-term performance of the companies. The study also shows that larger boards function more effectively in Malaysia. 2005 Thesis https://ir.uitm.edu.my/id/eprint/3411/ https://ir.uitm.edu.my/id/eprint/3411/1/TM_NURMALA%20MUSTAFFA%20KAMAL%20AC%2005_5%201.pdf text en public masters Universiti Teknologi MARA Faculty of Accountancy
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Malaysia
spellingShingle	Malaysia Mustaffa Kamal, Nurmala Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
description	This dissertation examines the association between board structure and corporate performance, where performance is defined as the value added (VA) efficiency of the firms' physical and intellectual resources rather than the more commonly used financial terms or profitability ratios. It is argued that the inclusion of intellectual elements into the measurement provides a long-term measurement of corporate performance. The VA efficiency of the firms' total resources is calculated using the Value Added Intellectual Coefficient (VAIC) methodology developed by Ante Pulic (1998). The four board characteristics that are of interest in this study are board composition, directors' ownership, CEO duality and board size. Based on a randomly selected sample of 75 companies listed on the main board of Bursa Malaysia, it is found that board composition and board size have a positive impact on the VA efficiency of firms' total resources, while the effects of directors' ownership and CEO duality on the VA efficiency of firms' total resources are not established. The outcome of the study shows that the emphasis on the importance of independent non-executive directors on the board by the Malaysian Code on Corporate Governance and by the requirements of Bursa Malaysia is deemed very important to the long-term performance of the companies. The study also shows that larger boards function more effectively in Malaysia.
format	Thesis
qualification_level	Master's degree
author	Mustaffa Kamal, Nurmala
author_facet	Mustaffa Kamal, Nurmala
author_sort	Mustaffa Kamal, Nurmala
title	Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_short	Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_full	Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_fullStr	Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_full_unstemmed	Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_sort	association between board structure and the value added efficiency of physical and intellectual resources of firms in malaysia / nurmala mustaffa kamal
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Accountancy
publishDate	2005
url	https://ir.uitm.edu.my/id/eprint/3411/1/TM_NURMALA%20MUSTAFFA%20KAMAL%20AC%2005_5%201.pdf
_version_	1783733096722464768

Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal

Similar Items