Corporate Governance and Firm Performance in Malaysia
British Accounting & Finance Association Annual Conference 2018
25 Pages Posted: 2 Jan 2019 Last revised: 1 May 2020
Date Written: April 10, 2018
Abstract
This study explores the effect of internal corporate governance mechanism of Malaysian public listed firms towards firm performance. This study attempt to determine by using recent available financial data whether the internal corporate governance mechanism are expected to be effective in enhancing firm performance. The internal corporate governance investigate in this study are board independence, board meeting, board size, duality, women director appointment as well participation of family member in the boardroom. The result derived suggests that board meeting is negatively and significantly associated with firm performance while other internal corporate governance mechanism found to be insignificant in this study. Thus, it is suggested that firm with frequent board meeting most likely indicate as firm’s response to the firm’s poor performance.
Keywords: corporate governance, firm performance, Malaysia[comma separated]
Suggested Citation: Suggested Citation