Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange

Mohd Waliuddin, Mohd Razali and Najihah, Mohd Nasir and Shazali, Shaharudin (2023) Board Diversity and Agency Cost: Evidence from Bursa Malaysia Stock Exchange. International Journal of Advanced Multidisciplinary Research and Studies, 3 (5). pp. 228-232. ISSN 2583-049X

[img] PDF
Journal Agency cost.pdf

Download (269kB)
Official URL: https://www.multiresearchjournal.com/arclist.php?l...

Abstract

This study aims to determine how board diversity affects agency costs in Malaysia. The sample of 395 firms listed on Bursa Malaysia from 2014 to 2016 was examined in this study. All non-financial data were collected from the annual report, and financial data were composed of DataStream. Increasing board size and board independence decreases the agency's cost. This bigger board size and more independent directors enhance better monitoring of agency costs. Future researches suggest this study can be extended using more sample and period of study and using other countries' data.

Item Type: Article
Uncontrolled Keywords: Corporate Governance and Asset Turnover
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HG Finance
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Faculties, Institutes, Centres > Faculty of Economics and Business
Depositing User: Mohd Razali
Date Deposited: 14 Sep 2023 00:30
Last Modified: 14 Sep 2023 00:30
URI: http://ir.unimas.my/id/eprint/42790

Actions (For repository members only: login required)

View Item View Item