Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation

The purpose of this study is to shed some crucial light on the impact of corporate governance compliance on the financial performance of Malaysian Government Linked Corporation (GLC). The are 20 GLCs also known as G20 companies were introduced under GovernmentTransformation Programme (GTP) in May 20...

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Main Author:	Ashwini, Jeyakumar
Format:	Thesis
Language:	eng eng
Published:	2021
Subjects:	HG Finance HJ Public Finance
Online Access:	https://etd.uum.edu.my/10304/1/s823597_01.pdf https://etd.uum.edu.my/10304/2/s823597_02.pdf
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id	my-uum-etd.10304
record_format	uketd_dc
spelling	my-uum-etd.103042023-02-09T02:17:36Z Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation 2021 Ashwini, Jeyakumar Kadir @ Shahar, Hanita School of Economics, Finance & Banking School of Economics, Finance & Banking HG Finance HJ Public Finance The purpose of this study is to shed some crucial light on the impact of corporate governance compliance on the financial performance of Malaysian Government Linked Corporation (GLC). The are 20 GLCs also known as G20 companies were introduced under GovernmentTransformation Programme (GTP) in May 2004. This study uses characteristics of board of directors as component of corporate governance compliance. There are five characteristics of board of directors namely board independence, gender diversity, board size, Chief Executive Officer (CEO) duality and tenure of independent director. These variables are denominated as independent variables. Meanwhile, to measure the financial performance of the company,Return on Asset (ROA) and Return on Equity (ROE) were used as accounting measurement and Tobin’s Q was used for market-based measurement. This study was carried out using secondary data for period of six years which is from year 2014 till 2019. Using multiple regression techniques, this study found that CEO duality gave a negative impact towards firms’ performance. Meanwhile, board independence, gender diversity, board size and tenure of independent director on board gave a positive impact. In terms of significant board size and tenure of independent director is not significant towards financial performance, whereas board independence, gender diversity and CEO duality are significant with financial performance. 2021 Thesis https://etd.uum.edu.my/10304/ https://etd.uum.edu.my/10304/1/s823597_01.pdf text eng 2024-08-25 staffonly https://etd.uum.edu.my/10304/2/s823597_02.pdf text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Kadir @ Shahar, Hanita
topic	HG Finance HJ Public Finance
spellingShingle	HG Finance HJ Public Finance Ashwini, Jeyakumar Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation
description	The purpose of this study is to shed some crucial light on the impact of corporate governance compliance on the financial performance of Malaysian Government Linked Corporation (GLC). The are 20 GLCs also known as G20 companies were introduced under GovernmentTransformation Programme (GTP) in May 2004. This study uses characteristics of board of directors as component of corporate governance compliance. There are five characteristics of board of directors namely board independence, gender diversity, board size, Chief Executive Officer (CEO) duality and tenure of independent director. These variables are denominated as independent variables. Meanwhile, to measure the financial performance of the company,Return on Asset (ROA) and Return on Equity (ROE) were used as accounting measurement and Tobin’s Q was used for market-based measurement. This study was carried out using secondary data for period of six years which is from year 2014 till 2019. Using multiple regression techniques, this study found that CEO duality gave a negative impact towards firms’ performance. Meanwhile, board independence, gender diversity, board size and tenure of independent director on board gave a positive impact. In terms of significant board size and tenure of independent director is not significant towards financial performance, whereas board independence, gender diversity and CEO duality are significant with financial performance.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Ashwini, Jeyakumar
author_facet	Ashwini, Jeyakumar
author_sort	Ashwini, Jeyakumar
title	Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation
title_short	Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation
title_full	Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation
title_fullStr	Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation
title_full_unstemmed	Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation
title_sort	impact of corporate governance compliance on the financial performance of malaysian government linked corporation
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2021
url	https://etd.uum.edu.my/10304/1/s823597_01.pdf https://etd.uum.edu.my/10304/2/s823597_02.pdf
_version_	1776103786428760064

Impact of corporate governance compliance on the financial performance of Malaysian government linked corporation

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