Board Capital and Firm Performance

This study examines the influence of board capital on firm performance. Annual reports are used as the main sources for data collection. This study finds that firm performance decreases with gender diversity. Next, the interlocking directorate is not associated with firm performance. The findings wo...

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Bibliographic Details
Main Authors: Chong, Jennifer Lai Yee, Jong, Ling, Yap, Seng Ching
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:MATEC Web of Conferences
Online Access:https://www.matec-conferences.org/articles/matecconf/pdf/2023/04/matecconf_cgchdrc2022_02005.pdf
Description
Summary:This study examines the influence of board capital on firm performance. Annual reports are used as the main sources for data collection. This study finds that firm performance decreases with gender diversity. Next, the interlocking directorate is not associated with firm performance. The findings would be useful to Malaysian policy-makers in deliberating the board’s role as a governance mechanism in strengthening the board structure. The results suggest selecting a director with relevant knowledge and perspective rather than simply meeting the number of board seats.
ISSN:2261-236X