The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories

The purpose of this study is to examine the relationship between risk management committee (RMC) characteristics and firm performance measured by (Tobin's q [TOBSQ], return on equity [ROE], return on asset [ROA], and earnings per share [EPS]) of listed firms in Malaysia from the year 2016 to 20...

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Main Author:	Boudiab, Mourad
Format:	Thesis
Language:	eng eng eng
Published:	2020
Subjects:	HD61 Risk Management
Online Access:	https://etd.uum.edu.my/9427/1/Depositpermission_s901659.pdf https://etd.uum.edu.my/9427/2/s901659_01.pdf https://etd.uum.edu.my/9427/3/s901659_references.docx
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id	my-uum-etd.9427
record_format	uketd_dc
spelling	my-uum-etd.94272022-05-29T10:26:17Z The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories 2020 Boudiab, Mourad Ishak, Suhaimi Al-dhamari, Redhwan Ahmed Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Puteri Intan Safinaz School of Accountancy (TISSA) HD61 Risk Management The purpose of this study is to examine the relationship between risk management committee (RMC) characteristics and firm performance measured by (Tobin's q [TOBSQ], return on equity [ROE], return on asset [ROA], and earnings per share [EPS]) of listed firms in Malaysia from the year 2016 to 2018 using agency and resource dependency theories. Data were collected from the DataStream (Thomson DataStream) and annual reports of 646 sampled firms (1801 firm-year observations). To test the hypotheses developed in this study, the Panel Corrected Standard Errors (PCSEs) regression was used. Overall, the findings indicate that RMC size, RMC qualification, and RMC gender have a significant positive effect on firm performance. The study also finds that RMC overlap and RMC training are associated with high firm performance (Tobin's q, ROE, ROA, and EPS). However, the results indicate that separate RMC and RMC independent have significant negative relation with firm performance (Tobin's q, ROE, ROA, and EPS). While RMC interlocking shows significant negative association with firm performance (ROE, ROA, and EPS). RMC diligence has a significant negative effect on Tobin's q. Consequently, the result of this study portrays the influence of RMC characteristics in the Malaysian non-financial institutions. In addition, the findings of this study offer meaning full insight to the regulators and policymakers of corporate governance (CG) reforms in Malaysia to review and strengthen the existing CG code where necessary. Besides, this study has also provided an important intuition to the shareholders, financial analysts, corporate managers, and the academic communities to further understand the impact of RMC characteristics on firm performance. 2020 Thesis https://etd.uum.edu.my/9427/ https://etd.uum.edu.my/9427/1/Depositpermission_s901659.pdf text eng staffonly https://etd.uum.edu.my/9427/2/s901659_01.pdf text eng public https://etd.uum.edu.my/9427/3/s901659_references.docx text eng public other doctoral Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Ishak, Suhaimi Al-dhamari, Redhwan Ahmed
topic	HD61 Risk Management
spellingShingle	HD61 Risk Management Boudiab, Mourad The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories
description	The purpose of this study is to examine the relationship between risk management committee (RMC) characteristics and firm performance measured by (Tobin's q [TOBSQ], return on equity [ROE], return on asset [ROA], and earnings per share [EPS]) of listed firms in Malaysia from the year 2016 to 2018 using agency and resource dependency theories. Data were collected from the DataStream (Thomson DataStream) and annual reports of 646 sampled firms (1801 firm-year observations). To test the hypotheses developed in this study, the Panel Corrected Standard Errors (PCSEs) regression was used. Overall, the findings indicate that RMC size, RMC qualification, and RMC gender have a significant positive effect on firm performance. The study also finds that RMC overlap and RMC training are associated with high firm performance (Tobin's q, ROE, ROA, and EPS). However, the results indicate that separate RMC and RMC independent have significant negative relation with firm performance (Tobin's q, ROE, ROA, and EPS). While RMC interlocking shows significant negative association with firm performance (ROE, ROA, and EPS). RMC diligence has a significant negative effect on Tobin's q. Consequently, the result of this study portrays the influence of RMC characteristics in the Malaysian non-financial institutions. In addition, the findings of this study offer meaning full insight to the regulators and policymakers of corporate governance (CG) reforms in Malaysia to review and strengthen the existing CG code where necessary. Besides, this study has also provided an important intuition to the shareholders, financial analysts, corporate managers, and the academic communities to further understand the impact of RMC characteristics on firm performance.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Boudiab, Mourad
author_facet	Boudiab, Mourad
author_sort	Boudiab, Mourad
title	The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories
title_short	The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories
title_full	The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories
title_fullStr	The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories
title_full_unstemmed	The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories
title_sort	influence of risk management committee characteristics on the performance of non-financial listed firms in malaysia from the perspective of agency and resource dependency theories
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2020
url	https://etd.uum.edu.my/9427/1/Depositpermission_s901659.pdf https://etd.uum.edu.my/9427/2/s901659_01.pdf https://etd.uum.edu.my/9427/3/s901659_references.docx
_version_	1747828594647760896

The influence of risk management committee characteristics on the performance of non-financial listed firms in Malaysia from the perspective of agency and resource dependency theories

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