Board structure and firm value: A study on listed banking firms in the Asian emerging markets
The banking sector in developing countries is regarded as an engine of economic growth (Arun, 2004). It is believed that corporate governance is necessary to ensure a sound financial system and, consequently, help develop the country's economy. Using a Pooled Generalised Least Squares (GLS) reg...
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| Format: | Article |
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Inderscience
2010
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| _version_ | 1825718523393998848 |
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| author | Zulkafli, Abdul Hadi Amran, Azlan Samad, M. Fazilah Abdul |
| author_facet | Zulkafli, Abdul Hadi Amran, Azlan Samad, M. Fazilah Abdul |
| author_sort | Zulkafli, Abdul Hadi |
| collection | UM |
| description | The banking sector in developing countries is regarded as an engine of economic growth (Arun, 2004). It is believed that corporate governance is necessary to ensure a sound financial system and, consequently, help develop the country's economy. Using a Pooled Generalised Least Squares (GLS) regression model, the relationship between board structure and bank's performance is analysed. A total of 107 listed banks in nine countries of the Asian emerging markets were included in the study. It is evidenced that only one aspect of board structure, which is CEO Duality, is positively significant, with market-based corporate performance. |
| first_indexed | 2024-03-06T05:05:50Z |
| format | Article |
| id | um.eprints-1274 |
| institution | Universiti Malaya |
| last_indexed | 2024-03-06T05:05:50Z |
| publishDate | 2010 |
| publisher | Inderscience |
| record_format | dspace |
| spelling | um.eprints-12742019-11-06T08:38:00Z http://eprints.um.edu.my/1274/ Board structure and firm value: A study on listed banking firms in the Asian emerging markets Zulkafli, Abdul Hadi Amran, Azlan Samad, M. Fazilah Abdul HG Finance Banking The banking sector in developing countries is regarded as an engine of economic growth (Arun, 2004). It is believed that corporate governance is necessary to ensure a sound financial system and, consequently, help develop the country's economy. Using a Pooled Generalised Least Squares (GLS) regression model, the relationship between board structure and bank's performance is analysed. A total of 107 listed banks in nine countries of the Asian emerging markets were included in the study. It is evidenced that only one aspect of board structure, which is CEO Duality, is positively significant, with market-based corporate performance. Inderscience 2010 Article PeerReviewed Zulkafli, Abdul Hadi and Amran, Azlan and Samad, M. Fazilah Abdul (2010) Board structure and firm value: A study on listed banking firms in the Asian emerging markets. International Journal of Business Governance and Ethics, 5 (3). pp. 157-177. ISSN 1477-9048, http://www.inderscience.com/offer.php?id=33344 |
| spellingShingle | HG Finance Banking Zulkafli, Abdul Hadi Amran, Azlan Samad, M. Fazilah Abdul Board structure and firm value: A study on listed banking firms in the Asian emerging markets |
| title | Board structure and firm value: A study on listed banking firms in the Asian emerging markets |
| title_full | Board structure and firm value: A study on listed banking firms in the Asian emerging markets |
| title_fullStr | Board structure and firm value: A study on listed banking firms in the Asian emerging markets |
| title_full_unstemmed | Board structure and firm value: A study on listed banking firms in the Asian emerging markets |
| title_short | Board structure and firm value: A study on listed banking firms in the Asian emerging markets |
| title_sort | board structure and firm value a study on listed banking firms in the asian emerging markets |
| topic | HG Finance Banking |
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