The Effectiveness of Corporate Governance: The Impact of Board Quality on the Performance of Malaysian Listed Companies

• Main Author: Elghewail, Osama Muftah Ahmad
• Format: Thesis
• Language: English; English
• Published: 2010
• Subjects: HD2709-2930.7 Corporations
• Online Access: https://etd.uum.edu.my/2237/1/Osama_Muftah_Ahmad_Elghewail.pdf; https://etd.uum.edu.my/2237/2/1.Osama_Muftah_Ahmad_Elghewail.pdf; https://etd.uum.edu.my/2237/; http://lintas.uum.edu.my:8080/elmu/index.jsp?module=webopac-l&action=fullDisplayRetriever.jsp&szMaterialNo=0000760069

The study aims to empirically investigate board quality namely; multiple directorships, board independence, board meeting and directors' financial expertise in construction and technology companies that are listed in Bursa Malaysia have impact over their firm performance (ROA). For the purpose of this study, 48 construction companies and 89 technology companies have been chosen from Bursa Malaysia. The conduct of testing is controlled by firm size and level of leverage. The findings show those factors of board quality namely, multiple directorships, board meeting and directors' financial expertise have no significant impact on ROA, while board independence has negative impact on ROA. The findings also show firm size has significant positive relationship with ROA; however the result shows that there is no significant relationship between leverage and ROA.