Impact of corporate governance mechanism on financial performance of Malaysia listed firms

Purpose- To investigate the elements of effective corporate governance mechanism that includes board attributes and disclosure of key audit matter impact on financial performance of companies listed in Bursa Malaysia (Malaysia Stock Exchange) during the year 2016 to 2019 Design/Methodology-This stu...

Full description

Saved in:

Bibliographic Details
Main Author:	Anusiah, Ramanmuthi
Format:	Thesis
Language:	eng eng
Published:	2022
Subjects:	HD2709-2930.7 Corporations HF5601-5689 Accounting HG Finance
Online Access:	https://etd.uum.edu.my/10772/1/s827375_01.pdf https://etd.uum.edu.my/10772/2/s827375_02.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uum-etd.10772
record_format	uketd_dc
spelling	my-uum-etd.107722023-11-26T02:56:42Z Impact of corporate governance mechanism on financial performance of Malaysia listed firms 2022 Anusiah, Ramanmuthi Wan Ahmad, Wan Norhayati College of Business (COB) College of Business HD2709-2930.7 Corporations HF5601-5689 Accounting HG Finance Purpose- To investigate the elements of effective corporate governance mechanism that includes board attributes and disclosure of key audit matter impact on financial performance of companies listed in Bursa Malaysia (Malaysia Stock Exchange) during the year 2016 to 2019 Design/Methodology-This study uses descriptive statistics, inferential statistics which includes of Pearson Correlation and Multiple Regression analysis to examine the influence of board attributes (board size, board independence, board gender diversity) and key audit matter disclosure on the dependent variable (return on asset and return on equity). Findings- The findings indicate post controlling the board attributes and key audit matter, there is insignificant association with the board size, board independence and board gender diversity on the firm’s performance. However, the findings indicate there is relationship between key audit matter disclosure and the firm’s performance. Research limitations- Limited to investigation of the relationship between board attributes and key audit matters on firm’s performance. It excludes the other governance attributes. Studies also limited as period of studies is from 2016 to 2019. There is need for prolonged studies and increased observation sample. Practical implications-The findings of this paper are able to describe the impact of board attributes and key audit matter disclosure on financial performance of Malaysia listed firms which would provide useful insights to many of the actors in the markets such as issuers, investors and policymakers which can be relied upon in making strategic decisions to issue and invest in Malaysian market. Furthermore, this research could prove to be useful for regulators as they are responsible for the acceptable level of corporate governance standards. Originality/Value-This study contributes to the body of knowledge by focusing heavily on enhancing firm’s performance by reducing conflict of interest between board of directors, auditors, and shareholders in Malaysia. Additionally, this study benefits from the agency theory and resource dependency theory to provide evidence on the effect of board attributes and key audit matter disclosure on Malaysia listed firms. 2022 Thesis https://etd.uum.edu.my/10772/ https://etd.uum.edu.my/10772/1/s827375_01.pdf text eng 2025-03-31 staffonly https://etd.uum.edu.my/10772/2/s827375_02.pdf text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Wan Ahmad, Wan Norhayati
topic	HD2709-2930.7 Corporations HF5601-5689 Accounting HG Finance
spellingShingle	HD2709-2930.7 Corporations HF5601-5689 Accounting HG Finance Anusiah, Ramanmuthi Impact of corporate governance mechanism on financial performance of Malaysia listed firms
description	Purpose- To investigate the elements of effective corporate governance mechanism that includes board attributes and disclosure of key audit matter impact on financial performance of companies listed in Bursa Malaysia (Malaysia Stock Exchange) during the year 2016 to 2019 Design/Methodology-This study uses descriptive statistics, inferential statistics which includes of Pearson Correlation and Multiple Regression analysis to examine the influence of board attributes (board size, board independence, board gender diversity) and key audit matter disclosure on the dependent variable (return on asset and return on equity). Findings- The findings indicate post controlling the board attributes and key audit matter, there is insignificant association with the board size, board independence and board gender diversity on the firm’s performance. However, the findings indicate there is relationship between key audit matter disclosure and the firm’s performance. Research limitations- Limited to investigation of the relationship between board attributes and key audit matters on firm’s performance. It excludes the other governance attributes. Studies also limited as period of studies is from 2016 to 2019. There is need for prolonged studies and increased observation sample. Practical implications-The findings of this paper are able to describe the impact of board attributes and key audit matter disclosure on financial performance of Malaysia listed firms which would provide useful insights to many of the actors in the markets such as issuers, investors and policymakers which can be relied upon in making strategic decisions to issue and invest in Malaysian market. Furthermore, this research could prove to be useful for regulators as they are responsible for the acceptable level of corporate governance standards. Originality/Value-This study contributes to the body of knowledge by focusing heavily on enhancing firm’s performance by reducing conflict of interest between board of directors, auditors, and shareholders in Malaysia. Additionally, this study benefits from the agency theory and resource dependency theory to provide evidence on the effect of board attributes and key audit matter disclosure on Malaysia listed firms.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Anusiah, Ramanmuthi
author_facet	Anusiah, Ramanmuthi
author_sort	Anusiah, Ramanmuthi
title	Impact of corporate governance mechanism on financial performance of Malaysia listed firms
title_short	Impact of corporate governance mechanism on financial performance of Malaysia listed firms
title_full	Impact of corporate governance mechanism on financial performance of Malaysia listed firms
title_fullStr	Impact of corporate governance mechanism on financial performance of Malaysia listed firms
title_full_unstemmed	Impact of corporate governance mechanism on financial performance of Malaysia listed firms
title_sort	impact of corporate governance mechanism on financial performance of malaysia listed firms
granting_institution	Universiti Utara Malaysia
granting_department	College of Business (COB)
publishDate	2022
url	https://etd.uum.edu.my/10772/1/s827375_01.pdf https://etd.uum.edu.my/10772/2/s827375_02.pdf
_version_	1783729428727070720

Impact of corporate governance mechanism on financial performance of Malaysia listed firms

Similar Items