Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data Analysis
The objective of this study was to examine and compare the effects of corporate governance (CG) and intellectual capital (IC) between Malaysia Government-Linked Companies’ (M-GLCs) and Singapore Government-Linked Companies’ (S-GLCs) firm performance (FP). Panel data analysis was employed to analyse...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2021-01-01
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| Series: | SHS Web of Conferences |
| Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2021/35/shsconf_icmesh2020_08004.pdf |
| _version_ | 1818681717104312320 |
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| author | Chang Yen Wen David Ng Ching Yat Low Suet Cheng Tee Peck Ling |
| author_facet | Chang Yen Wen David Ng Ching Yat Low Suet Cheng Tee Peck Ling |
| author_sort | Chang Yen Wen |
| collection | DOAJ |
| description | The objective of this study was to examine and compare the effects of corporate governance (CG) and intellectual capital (IC) between Malaysia Government-Linked Companies’ (M-GLCs) and Singapore Government-Linked Companies’ (S-GLCs) firm performance (FP). Panel data analysis was employed to analyse the impact of CG’s variables and IC’s variables on FP. FP was measured by Return on Total Assets (ROA), Tobin’s Q and Earnings Per Share (EPS). Data was gathered from the website of Bursa Malaysia and the Stock Exchange of Singapore from 2005 to 2018. The sample size of this research was 60 GLCs which comprised of 34 M-GLCs and 26 S-GLCs. There were a total 840 firm year observations. Results indicated that CGs of S-GLCs have greater impact on FP when compared to M-GLCs while the findings of the IC of M-GLCs have greater impact on FP compared to S-GLCs. This research was helpful in offering further insights of CG practices and IC efficiency to the Government, Board of Directors, policy makers, shareholders and stakeholders. |
| first_indexed | 2024-12-17T10:07:23Z |
| format | Article |
| id | doaj.art-b79f1939c8784667bf8869db76d0e169 |
| institution | Directory Open Access Journal |
| issn | 2261-2424 |
| language | English |
| last_indexed | 2024-12-17T10:07:23Z |
| publishDate | 2021-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | SHS Web of Conferences |
| spelling | doaj.art-b79f1939c8784667bf8869db76d0e1692022-12-21T21:53:08ZengEDP SciencesSHS Web of Conferences2261-24242021-01-011240800410.1051/shsconf/202112408004shsconf_icmesh2020_08004Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data AnalysisChang Yen Wen0David Ng Ching Yat1Low Suet Cheng2Tee Peck Ling3Department of Accounting, Faculty of Accountancy and Management, Universiti Tunku Abdul RahmanDepartment of Accounting, Faculty of Accountancy and Management, Universiti Tunku Abdul RahmanDepartment of Accounting, Faculty of Accountancy and Management, Universiti Tunku Abdul RahmanDepartment of Accounting, Faculty of Accountancy and Management, Universiti Tunku Abdul RahmanThe objective of this study was to examine and compare the effects of corporate governance (CG) and intellectual capital (IC) between Malaysia Government-Linked Companies’ (M-GLCs) and Singapore Government-Linked Companies’ (S-GLCs) firm performance (FP). Panel data analysis was employed to analyse the impact of CG’s variables and IC’s variables on FP. FP was measured by Return on Total Assets (ROA), Tobin’s Q and Earnings Per Share (EPS). Data was gathered from the website of Bursa Malaysia and the Stock Exchange of Singapore from 2005 to 2018. The sample size of this research was 60 GLCs which comprised of 34 M-GLCs and 26 S-GLCs. There were a total 840 firm year observations. Results indicated that CGs of S-GLCs have greater impact on FP when compared to M-GLCs while the findings of the IC of M-GLCs have greater impact on FP compared to S-GLCs. This research was helpful in offering further insights of CG practices and IC efficiency to the Government, Board of Directors, policy makers, shareholders and stakeholders.https://www.shs-conferences.org/articles/shsconf/pdf/2021/35/shsconf_icmesh2020_08004.pdf |
| spellingShingle | Chang Yen Wen David Ng Ching Yat Low Suet Cheng Tee Peck Ling Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data Analysis SHS Web of Conferences |
| title | Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data Analysis |
| title_full | Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data Analysis |
| title_fullStr | Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data Analysis |
| title_full_unstemmed | Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data Analysis |
| title_short | Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data Analysis |
| title_sort | corporate governance codes and intellectual capital evaluating the performance impacts among government linked companies in malaysia and singapore a panel data analysis |
| url | https://www.shs-conferences.org/articles/shsconf/pdf/2021/35/shsconf_icmesh2020_08004.pdf |
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