Firm performance effects of board diversity: A case of Malaysian listed firms

Firm performance effects of board diversity: A case of Malaysian listed firms

Diversity in the boardroom and in top management team has become an increasingly relevant issue for more than a decade now. Previously considered a social issue and an issue of image, diversity is increasingly considered as a value-driver in organisational strategy and corporate governance. This st...

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Main Author: Aniz, lsmail
Format: Thesis
Language:eng
eng
Published: 2013
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/5201/1/s810105.pdf
https://etd.uum.edu.my/5201/2/s810105_abstract.pdf
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id my-uum-etd.5201
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Katib, Mohamed Nasser
topic HG Finance
spellingShingle HG Finance
Aniz, lsmail
Firm performance effects of board diversity: A case of Malaysian listed firms
description Diversity in the boardroom and in top management team has become an increasingly relevant issue for more than a decade now. Previously considered a social issue and an issue of image, diversity is increasingly considered as a value-driver in organisational strategy and corporate governance. This study was carried out in order to seek the relationship between board diversity and firm performance. The sample data consists of 82 listed companies on the Bursa Malaysia Main Board and data were collected from the companies’ respective 2011 annual reports. The findings show QUAL and FORDIR are positively related with both measures of firm performance, namely ROA and TQ. Conversely, MDIR, WOMDIR, BDSIZE and FIRMSIZE have negative association with firm performance. As for AVGAGE, the results show a mixed conclusion. AVGAGE is positively related to ROA but negatively related to TQ. The findings are in line with several previous studies on the relationship between board diversity and firm performance which have produced mixed result. Some findings show a positive relationship while others demonstrate a negative relationship. On the other hand, there are also results which showed that there is no significant relationship between diversity on board and firm performance
format Thesis
qualification_name masters
qualification_level Master's degree
author Aniz, lsmail
author_facet Aniz, lsmail
author_sort Aniz, lsmail
title Firm performance effects of board diversity: A case of Malaysian listed firms
title_short Firm performance effects of board diversity: A case of Malaysian listed firms
title_full Firm performance effects of board diversity: A case of Malaysian listed firms
title_fullStr Firm performance effects of board diversity: A case of Malaysian listed firms
title_full_unstemmed Firm performance effects of board diversity: A case of Malaysian listed firms
title_sort firm performance effects of board diversity: a case of malaysian listed firms
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2013
url https://etd.uum.edu.my/5201/1/s810105.pdf
https://etd.uum.edu.my/5201/2/s810105_abstract.pdf
_version_ 1747827883208867840
spelling my-uum-etd.52012022-04-10T02:41:57Z Firm performance effects of board diversity: A case of Malaysian listed firms 2013 Aniz, lsmail Katib, Mohamed Nasser Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance Diversity in the boardroom and in top management team has become an increasingly relevant issue for more than a decade now. Previously considered a social issue and an issue of image, diversity is increasingly considered as a value-driver in organisational strategy and corporate governance. This study was carried out in order to seek the relationship between board diversity and firm performance. The sample data consists of 82 listed companies on the Bursa Malaysia Main Board and data were collected from the companies’ respective 2011 annual reports. The findings show QUAL and FORDIR are positively related with both measures of firm performance, namely ROA and TQ. Conversely, MDIR, WOMDIR, BDSIZE and FIRMSIZE have negative association with firm performance. As for AVGAGE, the results show a mixed conclusion. AVGAGE is positively related to ROA but negatively related to TQ. The findings are in line with several previous studies on the relationship between board diversity and firm performance which have produced mixed result. Some findings show a positive relationship while others demonstrate a negative relationship. On the other hand, there are also results which showed that there is no significant relationship between diversity on board and firm performance 2013 Thesis https://etd.uum.edu.my/5201/ https://etd.uum.edu.my/5201/1/s810105.pdf text eng public https://etd.uum.edu.my/5201/2/s810105_abstract.pdf text eng public masters masters Universiti Utara Malaysia Abdullah, A. (1992). The influence of ethnic values on Malaysian managerial practices. Malaysian Management Review, 27(1), 3-18 Abdullah, A. (2001). 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