Globalizing the Boardroom among Family-Controlled Companies on Bursa Malaysia: The effects of corporate governance on firm performance

David Ching Yat Ng; Yen Wen Chang; Low Suet Cheng; Veronica Ng Zi Ching

doi:10.21834/ebpj.v7iSI8.3915

Authors

David Ching Yat Ng Universiti Tunku Abdul Rahman, Jalan Sungai Long, Bandar Sungai Long, 4300 Kajang, Malaysia
Yen Wen Chang Taylor's University, 1, Jalan Taylors, 47500 Subang Jaya, Malaysia
Low Suet Cheng Universiti Tunku Abdul Rahman, Jalan Sungai Long, Bandar Sungai Long, 4300 Kajang, Malaysia
Veronica Ng Zi Ching Universiti Tunku Abdul Rahman, Jalan Sungai Long, Bandar Sungai Long, 4300 Kajang, Malaysia

DOI:

https://doi.org/10.21834/ebpj.v7iSI8.3915

Keywords:

Corporate Governance, Firm Performance, Family-Controlled Companies, Globalized Boardroom

Abstract

This paper aimed to determine the research gap between corporate governance and its effects on firm performance among family-controlled listed companies on Bursa Malaysia with a globalized boardroom after implementing MCCG 2012. The study focused on family-controlled companies listed on Bursa Malaysia from 2013 to 2018. The sample size includes 240 firm-year observations. Panel data analysis (fixed and random effect) model and Hausman tests were used. Results from panel data analysis (Eviews) found no significant effects between corporate governance and firm performance of family-controlled companies listed on Bursa Malaysia with a globalized boardroom.

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