Corporate Governance Structure and Performance of Malaysian Listed Companies
: This study investigates the relationship between the corporate governance structure and performance of 347 companies listed on the Kuala Lumpur Stock Exchange (KLSE) between 1996 and 2000. We found board size and top five substantial shareholdings to be significantly associated with both market a...
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Veröffentlicht in: | Journal of business finance & accounting 2006-09, Vol.33 (7-8), p.1034-1062 |
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container_title | Journal of business finance & accounting |
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creator | Haniffa, Roszaini Hudaib, Mohammad |
description | : This study investigates the relationship between the corporate governance structure and performance of 347 companies listed on the Kuala Lumpur Stock Exchange (KLSE) between 1996 and 2000. We found board size and top five substantial shareholdings to be significantly associated with both market and accounting performance measures. In addition, we found a significant relationship between multiple directorships and market performance while role duality and managerial shareholdings are significantly associated with accounting performance. The result is robust with respect to controls for gearing, company size, industry membership and growth opportunities. |
doi_str_mv | 10.1111/j.1468-5957.2006.00594.x |
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The result is robust with respect to controls for gearing, company size, industry membership and growth opportunities.</description><subject>board characteristics</subject><subject>Business accounting</subject><subject>Business management</subject><subject>Business studies</subject><subject>Case studies</subject><subject>Corporate governance</subject><subject>corporate performance</subject><subject>Financial performance</subject><subject>Firm theory</subject><subject>KLSE</subject><subject>Malaysia</subject><subject>Malaysian Code of Corporate Governance</subject><subject>Management science</subject><subject>Organizational structure</subject><subject>Stock exchange</subject><subject>Stock exchanges</subject><subject>Stockholders</subject><subject>Studies</subject><issn>0306-686X</issn><issn>1468-5957</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2006</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNqNkU1v1DAQhiMEEkvhP0QcuCU48WcOHMqKbqlSPgQIbiPHmYiEJA52Unb_fZ0G7YETlmY80rzP2H4dRXFG0iys112aMaESXnCZ5oSIlBBesPT4KNqdG4-jHaFEJEKJH0-jZ953hJA8E3IXlXvrJuv0jPHB3qEb9Wgw_jK7xcyLw1iPdfwJXWPd8NCxTXyre33yrR7jsvUz1vHeDpMeW_TPoyeN7j2--LtfRN-u3n3dXyflx8P7_WWZGJ4xlgiT04JJrFSTK6bqihKkGepGGVlVigomEFkjclPzjKAWrM5FXUlSaE4kK-hF9GqbOzn7e0E_w9B6g32vR7SLByp4oQqigvDlP8LOLuGNvYecSiJyWdAgUpvIOOu9wwYm1w7anSAjsHoMHaxWwmolrB7Dg8dwDOjnDXU4oTlzVa-7qhm1gTugmtKQTiE2tAhVG0KCCnkKkRHKwlkih5_zEGa-2Wb-aXs8_fdd4Obt1WWoAp9s_Po5xzOv3S8QkkoO3z8coLymXNAbBpzeA9WUq7s</recordid><startdate>200609</startdate><enddate>200609</enddate><creator>Haniffa, Roszaini</creator><creator>Hudaib, Mohammad</creator><general>Blackwell Publishing Ltd</general><general>Wiley Blackwell</general><scope>BSCLL</scope><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>200609</creationdate><title>Corporate Governance Structure and Performance of Malaysian Listed Companies</title><author>Haniffa, Roszaini ; Hudaib, Mohammad</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c5144-6c23947eb8f2848db30e31eaf8c7bb83646ee4f62cd510ea64d26db709a507493</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2006</creationdate><topic>board characteristics</topic><topic>Business accounting</topic><topic>Business management</topic><topic>Business studies</topic><topic>Case studies</topic><topic>Corporate governance</topic><topic>corporate performance</topic><topic>Financial performance</topic><topic>Firm theory</topic><topic>KLSE</topic><topic>Malaysia</topic><topic>Malaysian Code of Corporate Governance</topic><topic>Management science</topic><topic>Organizational structure</topic><topic>Stock exchange</topic><topic>Stock exchanges</topic><topic>Stockholders</topic><topic>Studies</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Haniffa, Roszaini</creatorcontrib><creatorcontrib>Hudaib, Mohammad</creatorcontrib><collection>Istex</collection><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Journal of business finance & accounting</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Haniffa, Roszaini</au><au>Hudaib, Mohammad</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Corporate Governance Structure and Performance of Malaysian Listed Companies</atitle><jtitle>Journal of business finance & accounting</jtitle><date>2006-09</date><risdate>2006</risdate><volume>33</volume><issue>7-8</issue><spage>1034</spage><epage>1062</epage><pages>1034-1062</pages><issn>0306-686X</issn><eissn>1468-5957</eissn><abstract>: This study investigates the relationship between the corporate governance structure and performance of 347 companies listed on the Kuala Lumpur Stock Exchange (KLSE) between 1996 and 2000. 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issn | 0306-686X 1468-5957 |
language | eng |
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source | RePEc; Business Source Complete; Wiley Online Library All Journals |
subjects | board characteristics Business accounting Business management Business studies Case studies Corporate governance corporate performance Financial performance Firm theory KLSE Malaysia Malaysian Code of Corporate Governance Management science Organizational structure Stock exchange Stock exchanges Stockholders Studies |
title | Corporate Governance Structure and Performance of Malaysian Listed Companies |
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