The Impact of Board Characteristics on Firm Performance: A Post-MCCG2012 investigation

Authors

  • David Ching Yat Ng 1Department of Accounting, Faculty of Accountancy and Management, Universiti Tunku Abdul Rahman, Cheras, Selangor, Malaysia
  • Teck Chai Lau Department of International Business Universiti Tunku Abdul Rahman, Cheras, Selangor, Malaysia
  • Fitriya Abdul Rahim Department of International Business Universiti Tunku Abdul Rahman, Cheras, Selangor, Malaysia
  • Shubatra Shanmugaretnam Department of Accounting, Faculty of Accountancy and Management, Universiti Tunku Abdul Rahman, Cheras, Selangor, Malaysia

DOI:

https://doi.org/10.21834/ebpj.v5iSI1.2293

Abstract

Good corporate governance is linked to the corporate performance of corporations. This study seeks to determine if corporate governance characteristics implemented improved company performance and to determine if a positive or negative relationship exists. Multiple Regression Analysis was applied to determine whether certain corporate governance characteristics relate to company performance in Malaysia. Company performance is measured using Return on Assets (ROA) and Total Shareholder Return (TSR). Data was collected from Bursa Malaysia from 2012 to 2015. In conclusion, there is no evidence of any significant relationship between corporate governance characteristics and company performance measures.

Keywords: Corporate Governance, Board Characteristics, Total Shareholder Return, Return on Assets.   

eISSN: 2398-4287 © 2020. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.   
DOI: https://doi.org/10.21834/ebpj.v5iSI1.2293

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Published

2020-06-01

How to Cite

Ng, D. C. Y., Lau , T. C., Abdul Rahim, F. ., & Shanmugaretnam, S. . (2020). The Impact of Board Characteristics on Firm Performance: A Post-MCCG2012 investigation. Environment-Behaviour Proceedings Journal, 5(SI1), 31–37. https://doi.org/10.21834/ebpj.v5iSI1.2293