Articles liés à Impact of Corporate Governance on Performance, Risk...

Impact of Corporate Governance on Performance, Risk and Disclosure: The Impact of Corporate Governance on Performance, Risk and Disclosure: Panel Data Analysis of Malaysian Listed Banks - Couverture souple

Htay, Sheila Nu Nu

 
9783847372691: Impact of Corporate Governance on Performance, Risk and Disclosure: The Impact of Corporate Governance on Performance, Risk and Disclosure: Panel Data Analysis of Malaysian Listed Banks
Couverture souple
ISBN 10 : 3847372696 ISBN 13 : 9783847372691
Editeur : LAP LAMBERT Academic Publishing, 2012

Synopsis

The issue of corporate governance is not new since it emerged with the birth of the corporations. However, it becomes an important issue to the Asians, especially Malaysians, due the 1997/98 economics crisis. This study examines the impact of corporate governance on performance, risk and disclosure of the Malaysian listed banks over the period of 1996 to 2005. From the generalized least squares panel data regression; the results show that corporate governance mechanisms such as board leadership structure, board composition and board size as well as ownership variables such as director ownership, institutional ownership and block ownership do not play their roles significantly and consistently in three aspects. i.e. performance, risk and disclosure tested. In addition, by using simultaneous tests, the relationship among performance, risk and disclosure is examined based on the market discipline theory, signaling theory and risk and return theory. It is found that in the Malaysian context, the findings seem to be in line with theoretical expectation of market discipline and signaling theory, but not with risk and return theory.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The issue of corporate governance is not new since it emerged with the birth of the corporations. However, it becomes an important issue to the Asians, especially Malaysians, due the 1997/98 economics crisis. This study examines the impact of corporate governance on performance, risk and disclosure of the Malaysian listed banks over the period of 1996 to 2005. From the generalized least squares panel data regression; the results show that corporate governance mechanisms such as board leadership structure, board composition and board size as well as ownership variables such as director ownership, institutional ownership and block ownership do not play their roles significantly and consistently in three aspects. i.e. performance, risk and disclosure tested. In addition, by using simultaneous tests, the relationship among performance, risk and disclosure is examined based on the market discipline theory, signaling theory and risk and return theory. It is found that in the Malaysian context, the findings seem to be in line with theoretical expectation of market discipline and signaling theory, but not with risk and return theory.

Biographie de l'auteur

Dr. Sheila Nu Nu Htay is Assistant Professor of Accounting and Ph. D Programme Coordinator at Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia. She has presented several research papers at international conferences and had a number of articles published in peer-reviewed academic journals.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2012
Langue
anglais
ISBN 10 
3847372696
ISBN 13 
9783847372691
Reliure
Broché
Nombre de pages
284
Coordonnées du fabricant
non disponible
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