Corporate Governance Practices and Firm Performance After Revised Code of Corporate Governance: Evidence from Malaysia
State-of-the-Art Theories and Empirical Evidence pp 49-63; doi:10.1007/978-981-10-6926-0_4
Abstract: This study examines the relationship between corporate governance and firm performance of public listed firm in Malaysia. In March 2000, the Malaysian Code of Corporate Governance (MCCG) was first issued and has been revised twice in 2007 and 2011. The board’s role in governance has been emphasized in the revised MCCG, and directorship of the director in public-listed company is limited to five only. Thus, this study aims to evaluate whether the revised MCCG will give impacts on the firm performance. The sample consists of top 100 firms listed on Bursa Malaysia for the period from 2012 to 2014. Analyses of descriptive statistics, correlation analysis and multiple regressions are used to address the research hypotheses. The finding of this study reveals significant relationship between the revised MCCG with the firm performance.
Keywords: Corporate governance / Firm performance / Directorship / Malaysia
Scifeed alert for new publicationsNever miss any articles matching your research from any publisher
- Get alerts for new papers matching your research
- Find out the new papers from selected authors
- Updated daily for 49'000+ journals and 6000+ publishers
- Define your Scifeed now
Click here to see the statistics on "State-of-the-Art Theories and Empirical Evidence" .