Board gender diversity, board independence and firm performance in Malaysia

This study investigates the influences of board gender diversity and board independence on firm performance. Ordinary least squares, two-stage least squares and generalised method of moments are employed to test the relationships among board gender diversity, board independence, and firm performance...

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Main Authors: Kweh, Qian Long, Norazlin, Ahmad, Irene, Wei Kiong Ting, Zhang, Cheng, Hasahudin, Hassan
Format: Article
Language:English
Published: University of Malaya 2019
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/25625/1/Board%20gender%20diversity%2C%20board%20independence.pdf
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author Kweh, Qian Long
Norazlin, Ahmad
Irene, Wei Kiong Ting
Zhang, Cheng
Hasahudin, Hassan
author_facet Kweh, Qian Long
Norazlin, Ahmad
Irene, Wei Kiong Ting
Zhang, Cheng
Hasahudin, Hassan
author_sort Kweh, Qian Long
collection UMP
description This study investigates the influences of board gender diversity and board independence on firm performance. Ordinary least squares, two-stage least squares and generalised method of moments are employed to test the relationships among board gender diversity, board independence, and firm performance in firms listed on Bursa Malaysia between 2010 and 2015. The regression results indicate that female directors and independent directors significantly and negatively affect firm performance, respectively. However, the interaction term of board gender diversity and board independence is statistically insignificant. Overall, managers must consider that board gender diversity and board independence may not have an interactive effect on improving the performance of their firms.
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spelling UMPir256252022-04-13T04:58:49Z http://umpir.ump.edu.my/id/eprint/25625/ Board gender diversity, board independence and firm performance in Malaysia Kweh, Qian Long Norazlin, Ahmad Irene, Wei Kiong Ting Zhang, Cheng Hasahudin, Hassan HD Industries. Land use. Labor This study investigates the influences of board gender diversity and board independence on firm performance. Ordinary least squares, two-stage least squares and generalised method of moments are employed to test the relationships among board gender diversity, board independence, and firm performance in firms listed on Bursa Malaysia between 2010 and 2015. The regression results indicate that female directors and independent directors significantly and negatively affect firm performance, respectively. However, the interaction term of board gender diversity and board independence is statistically insignificant. Overall, managers must consider that board gender diversity and board independence may not have an interactive effect on improving the performance of their firms. University of Malaya 2019 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/25625/1/Board%20gender%20diversity%2C%20board%20independence.pdf Kweh, Qian Long and Norazlin, Ahmad and Irene, Wei Kiong Ting and Zhang, Cheng and Hasahudin, Hassan (2019) Board gender diversity, board independence and firm performance in Malaysia. Institutions and Economies, 11 (2). pp. 1-20. ISSN 2232-1349. (Published) https://ijie.um.edu.my/article/view/17017
spellingShingle HD Industries. Land use. Labor
Kweh, Qian Long
Norazlin, Ahmad
Irene, Wei Kiong Ting
Zhang, Cheng
Hasahudin, Hassan
Board gender diversity, board independence and firm performance in Malaysia
title Board gender diversity, board independence and firm performance in Malaysia
title_full Board gender diversity, board independence and firm performance in Malaysia
title_fullStr Board gender diversity, board independence and firm performance in Malaysia
title_full_unstemmed Board gender diversity, board independence and firm performance in Malaysia
title_short Board gender diversity, board independence and firm performance in Malaysia
title_sort board gender diversity board independence and firm performance in malaysia
topic HD Industries. Land use. Labor
url http://umpir.ump.edu.my/id/eprint/25625/1/Board%20gender%20diversity%2C%20board%20independence.pdf
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AT norazlinahmad boardgenderdiversityboardindependenceandfirmperformanceinmalaysia
AT ireneweikiongting boardgenderdiversityboardindependenceandfirmperformanceinmalaysia
AT zhangcheng boardgenderdiversityboardindependenceandfirmperformanceinmalaysia
AT hasahudinhassan boardgenderdiversityboardindependenceandfirmperformanceinmalaysia