BOARD CHARACTERISTICS: AN EMPIRICAL STUDY OF LISTED COMPANIES IN MALAYSIADownload This Article
Cyril Ponnu, Juan Soo and Nordin Abidin
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. http://doi.org/10.22495/cbv4i1art2