An econometric analysis of female director on company performance the non linear effects

The aim of this paper is to investigate an econometric analysis of nonlinear effects of gender composition of the board of directors on company performance using Malaysian initial public offering (IPO) companies. It also examines other factors of board composition which are independent directors an...

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Main Author:	Chen, Ming
Format:	Thesis
Language:	eng eng
Published:	2012
Subjects:	HB Economic Theory
Online Access:	https://etd.uum.edu.my/5273/1/s810019.pdf https://etd.uum.edu.my/5273/2/s810019_abstract.pdf
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id	my-uum-etd.5273
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Lim, Hock Eam
topic	HB Economic Theory
spellingShingle	HB Economic Theory Chen, Ming An econometric analysis of female director on company performance the non linear effects
description	The aim of this paper is to investigate an econometric analysis of nonlinear effects of gender composition of the board of directors on company performance using Malaysian initial public offering (IPO) companies. It also examines other factors of board composition which are independent directors and non-executive director. This study finds that gender diversity on board does not affect the company financial performance based on return on assets, return on equity and Tobin's Q using a sample of 123 IPO companies from the total population of 230 IPO companies which were listed during the period of 2005 to 2012. Results reveal that there is no significant relationship between the percentage of independent and non-executive directors on board and company financial performance, either linearly or nonlinearly, except at upper 80th percentiles of return on equity, this study covers strong evidence that more female directors on board are associated with significantly high return. This research contributes to the existing literature on gender especially in the context of IPO companies using econometric analysis. This is one of the rare comprehensive study uses multiple statistics tools to examine the factors of board composition using recent Malaysian IPOs data
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Chen, Ming
author_facet	Chen, Ming
author_sort	Chen, Ming
title	An econometric analysis of female director on company performance the non linear effects
title_short	An econometric analysis of female director on company performance the non linear effects
title_full	An econometric analysis of female director on company performance the non linear effects
title_fullStr	An econometric analysis of female director on company performance the non linear effects
title_full_unstemmed	An econometric analysis of female director on company performance the non linear effects
title_sort	econometric analysis of female director on company performance the non linear effects
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2012
url	https://etd.uum.edu.my/5273/1/s810019.pdf https://etd.uum.edu.my/5273/2/s810019_abstract.pdf
_version_	1747827897569116160
spelling	my-uum-etd.52732016-04-20T07:17:31Z An econometric analysis of female director on company performance the non linear effects 2012 Chen, Ming Lim, Hock Eam Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HB Economic Theory The aim of this paper is to investigate an econometric analysis of nonlinear effects of gender composition of the board of directors on company performance using Malaysian initial public offering (IPO) companies. It also examines other factors of board composition which are independent directors and non-executive director. This study finds that gender diversity on board does not affect the company financial performance based on return on assets, return on equity and Tobin's Q using a sample of 123 IPO companies from the total population of 230 IPO companies which were listed during the period of 2005 to 2012. Results reveal that there is no significant relationship between the percentage of independent and non-executive directors on board and company financial performance, either linearly or nonlinearly, except at upper 80th percentiles of return on equity, this study covers strong evidence that more female directors on board are associated with significantly high return. This research contributes to the existing literature on gender especially in the context of IPO companies using econometric analysis. This is one of the rare comprehensive study uses multiple statistics tools to examine the factors of board composition using recent Malaysian IPOs data 2012 Thesis https://etd.uum.edu.my/5273/ https://etd.uum.edu.my/5273/1/s810019.pdf text eng validuser https://etd.uum.edu.my/5273/2/s810019_abstract.pdf text eng public masters masters Universiti Utara Malaysia Adams, R., & Ferreira, D. (2003). Diversity and Incentives: Evidence fiom Corporate Boards. Working Paper, University of Stockholm. 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An econometric analysis of female director on company performance the non linear effects

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