Virtus InterPress

BOARD CHARACTERISTICS: AN EMPIRICAL STUDY OF LISTED COMPANIES IN MALAYSIA

Cyril Ponnu, Juan Soo and Nordin Abidin

DOI: 10.22495/cbv4i1art2

Abstract

This paper investigates five important characteristics of board committee members of various committees in public listed companies in Malaysia. The five characteristics include director type, tenure, age, internal activity and external activity. Sample of 111 listed companies were collected using simple random five sampling of the annual reports based on financial year 2005 posted online. Sample includes 6 committees with the highest frequency of occurrences – audit, remuneration, nomination, stock option, risk management and executive. Data collected was analyzed using tests of correlation, analysis of variance and regression. The results, however, do not support the hypothesis that members of committees tend to be non-executive directors, older, have longer tenure and show greater evidence of internal and external activities.

Keywords: Board characteristics, corporate governance, Malaysia

How to cite this paper: Ponnu, C., Soo, J., & Abidin, N. (2008). Board characteristics: An empirical study of listed companies in Malaysia. Corporate Board: role, duties and composition, 4(1), 24-36. doi:10.22495/cbv4i1art2

Download This Article
Corporate Governance Experts Global Repository
Merio Honor Честь
Ryoushin Conscience Совесть
Kouki Nobility Доброе имя