Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia

The role of risk management committee (RMC) under the corporate governance consist of monitoring the risk strategies, policies and risk tolerance level as well as reviewing the sufficiency of risk management policies and framework. Risk management committee performs a very important function in the...

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Main Author:	Saleh, Mubarak Osamah Ahmed
Format:	Thesis
Language:	eng eng
Published:	2020
Subjects:	HG Finance HJ Public Finance
Online Access:	https://etd.uum.edu.my/10407/1/grant%20the%20permission_s824825.pdf https://etd.uum.edu.my/10407/2/s824825_01.pdf
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id	my-uum-etd.10407
record_format	uketd_dc
spelling	my-uum-etd.104072023-03-15T02:37:58Z Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia 2020 Saleh, Mubarak Osamah Ahmed Abdul Wahab, Noor Maimun School of Economics, Finance & Banking School of Economics, Finance & Banking HG Finance HJ Public Finance The role of risk management committee (RMC) under the corporate governance consist of monitoring the risk strategies, policies and risk tolerance level as well as reviewing the sufficiency of risk management policies and framework. Risk management committee performs a very important function in the monitoring of the risk and internal control. Thus, the main objective of the study is to examine the effect of the existence of risk management committee on firm performance of companies listed in Saudi Arabia bursa. In addition, the study also examines the effect of ownership structure of director and family ownership on firm performance. ROA and ROE are used as proxy to measure the firm performance. Sample of the study is based on 40% companies in each industry excluding finance companies. Data were collected from 57 companies in the financial year 2019.The study uses agency theory to predict the relationship. Descriptive analysis shows that only 36% of the sample companies have stand-alone risk management committee. The mean of family ownership is 25.68% and the mean of director ownership is 25.68%. Regression analysis showed that there was no significant relationship between the existence of risk management committees, family ownership and director ownership with firm performance. In addition, the results show that only firm size and leverage the control variables have a significant relationship with firm performance. 2020 Thesis https://etd.uum.edu.my/10407/ https://etd.uum.edu.my/10407/1/grant%20the%20permission_s824825.pdf text eng staffonly https://etd.uum.edu.my/10407/2/s824825_01.pdf text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Abdul Wahab, Noor Maimun
topic	HG Finance HJ Public Finance
spellingShingle	HG Finance HJ Public Finance Saleh, Mubarak Osamah Ahmed Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia
description	The role of risk management committee (RMC) under the corporate governance consist of monitoring the risk strategies, policies and risk tolerance level as well as reviewing the sufficiency of risk management policies and framework. Risk management committee performs a very important function in the monitoring of the risk and internal control. Thus, the main objective of the study is to examine the effect of the existence of risk management committee on firm performance of companies listed in Saudi Arabia bursa. In addition, the study also examines the effect of ownership structure of director and family ownership on firm performance. ROA and ROE are used as proxy to measure the firm performance. Sample of the study is based on 40% companies in each industry excluding finance companies. Data were collected from 57 companies in the financial year 2019.The study uses agency theory to predict the relationship. Descriptive analysis shows that only 36% of the sample companies have stand-alone risk management committee. The mean of family ownership is 25.68% and the mean of director ownership is 25.68%. Regression analysis showed that there was no significant relationship between the existence of risk management committees, family ownership and director ownership with firm performance. In addition, the results show that only firm size and leverage the control variables have a significant relationship with firm performance.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Saleh, Mubarak Osamah Ahmed
author_facet	Saleh, Mubarak Osamah Ahmed
author_sort	Saleh, Mubarak Osamah Ahmed
title	Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia
title_short	Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia
title_full	Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia
title_fullStr	Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia
title_full_unstemmed	Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia
title_sort	risk management committee, ownership structure and financial performance of public listed compaines in saudi arabia
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2020
url	https://etd.uum.edu.my/10407/1/grant%20the%20permission_s824825.pdf https://etd.uum.edu.my/10407/2/s824825_01.pdf
_version_	1776103810311127040

Risk management committee, ownership structure and financial performance of public listed compaines in Saudi Arabia

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