Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies

This study examines the relationship between board structure and board process on capital structure decisions of Malaysian public listed companies. The study combines a survey approach and secondary data from the year 2007 to 2009. Based on a sample of 175 companies, the findings reveal that directo...

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التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Ishak, Zuaini, Abdul Manaf, Nor Aziah, Md Kassim, Aza Azlina
التنسيق: مقال
اللغة:English
منشور في: Virtus interpress 2011
الموضوعات:
الوصول للمادة أونلاين:https://repo.uum.edu.my/id/eprint/29154/1/COC%202011%2008%2004%20264-274.pdf
https://repo.uum.edu.my/id/eprint/29154/
https://virtusinterpress.org/-2011-Issue-4-continued-2-.html
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المؤسسة: Universiti Utara Malaysia
اللغة: English
id my.uum.repo.29154
record_format eprints
spelling my.uum.repo.291542023-02-09T02:51:55Z https://repo.uum.edu.my/id/eprint/29154/ Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies Ishak, Zuaini Abdul Manaf, Nor Aziah Md Kassim, Aza Azlina HF Commerce This study examines the relationship between board structure and board process on capital structure decisions of Malaysian public listed companies. The study combines a survey approach and secondary data from the year 2007 to 2009. Based on a sample of 175 companies, the findings reveal that directors’ risk appetite is positively correlated to company leverage while directors’ tenure has negative relationship with leverage. With regards to board process, four variables are identified to be negatively correlated to capital structure which is boards’ risk oversight, performance of independent directors, CEO’s performance evaluation and accessibility of information. Virtus interpress 2011 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/29154/1/COC%202011%2008%2004%20264-274.pdf Ishak, Zuaini and Abdul Manaf, Nor Aziah and Md Kassim, Aza Azlina (2011) Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies. Corporate Ownership and Control, 8 (4). pp. 264-274. ISSN 1727-9232 https://virtusinterpress.org/-2011-Issue-4-continued-2-.html
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutional Repository
url_provider http://repo.uum.edu.my/
language English
topic HF Commerce
spellingShingle HF Commerce
Ishak, Zuaini
Abdul Manaf, Nor Aziah
Md Kassim, Aza Azlina
Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies
description This study examines the relationship between board structure and board process on capital structure decisions of Malaysian public listed companies. The study combines a survey approach and secondary data from the year 2007 to 2009. Based on a sample of 175 companies, the findings reveal that directors’ risk appetite is positively correlated to company leverage while directors’ tenure has negative relationship with leverage. With regards to board process, four variables are identified to be negatively correlated to capital structure which is boards’ risk oversight, performance of independent directors, CEO’s performance evaluation and accessibility of information.
format Article
author Ishak, Zuaini
Abdul Manaf, Nor Aziah
Md Kassim, Aza Azlina
author_facet Ishak, Zuaini
Abdul Manaf, Nor Aziah
Md Kassim, Aza Azlina
author_sort Ishak, Zuaini
title Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies
title_short Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies
title_full Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies
title_fullStr Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies
title_full_unstemmed Quality of Board of Directors and Capital Structure Decisions in Malaysian Companies
title_sort quality of board of directors and capital structure decisions in malaysian companies
publisher Virtus interpress
publishDate 2011
url https://repo.uum.edu.my/id/eprint/29154/1/COC%202011%2008%2004%20264-274.pdf
https://repo.uum.edu.my/id/eprint/29154/
https://virtusinterpress.org/-2011-Issue-4-continued-2-.html
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