The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms

This study aims to investigate the impact of corporate governance attributes and code amendments of 2012 on the performance of 162 trading and services listed firms in Bursa Malaysia. A corporate governance index score adopted from the Taylor model and formulated based on the MCCG best practices is...

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Main Authors: Laallam, Abdelkader, Alom, Fardous, Mohamad, Azhar
Format: Article
Language:English
English
Published: Inderscience 2017
Subjects:
Online Access:http://irep.iium.edu.my/55109/1/Lallama%20et%20al%20%282017%29%20IJEBR.pdf
http://irep.iium.edu.my/55109/7/55109_The%20effects%20of%20corporate%20governance%20attributes%20and%20code_Scopus.pdf
http://irep.iium.edu.my/55109/
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spelling my.iium.irep.551092017-07-06T05:47:21Z http://irep.iium.edu.my/55109/ The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms Laallam, Abdelkader Alom, Fardous Mohamad, Azhar HG4001 Financial management. Business finance. Corporation finance. This study aims to investigate the impact of corporate governance attributes and code amendments of 2012 on the performance of 162 trading and services listed firms in Bursa Malaysia. A corporate governance index score adopted from the Taylor model and formulated based on the MCCG best practices is used to measure the corporate governance attributes level. Return on assets (ROA), return on equity (ROE) and market return measurement (Tobin's Q) are used in this study. A panel data test has been conducted followed by post hoc test in order to assess the changes in firm's performance throughout the period 2010-2014. The findings show a positive significant relationship between corporate governance attributes and firm performance for accounting and market-based proxies. While the relationship between the corporate governance amendment (CGA) and accounting based firm performance proxies ROA and ROE turns out to be negatively significant with market-based firm performance proxy TQ. Inderscience 2017-01 Article REM application/pdf en http://irep.iium.edu.my/55109/1/Lallama%20et%20al%20%282017%29%20IJEBR.pdf application/pdf en http://irep.iium.edu.my/55109/7/55109_The%20effects%20of%20corporate%20governance%20attributes%20and%20code_Scopus.pdf Laallam, Abdelkader and Alom, Fardous and Mohamad, Azhar (2017) The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms. International Journal of Economics and Business Research, 13 (1). pp. 72-94. ISSN 1756-9850 http://www.inderscience.com/info/inarticle.php?artid=81772 DOI: 10.1504/IJEBR.2017.10002645
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
English
topic HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Laallam, Abdelkader
Alom, Fardous
Mohamad, Azhar
The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms
description This study aims to investigate the impact of corporate governance attributes and code amendments of 2012 on the performance of 162 trading and services listed firms in Bursa Malaysia. A corporate governance index score adopted from the Taylor model and formulated based on the MCCG best practices is used to measure the corporate governance attributes level. Return on assets (ROA), return on equity (ROE) and market return measurement (Tobin's Q) are used in this study. A panel data test has been conducted followed by post hoc test in order to assess the changes in firm's performance throughout the period 2010-2014. The findings show a positive significant relationship between corporate governance attributes and firm performance for accounting and market-based proxies. While the relationship between the corporate governance amendment (CGA) and accounting based firm performance proxies ROA and ROE turns out to be negatively significant with market-based firm performance proxy TQ.
format Article
author Laallam, Abdelkader
Alom, Fardous
Mohamad, Azhar
author_facet Laallam, Abdelkader
Alom, Fardous
Mohamad, Azhar
author_sort Laallam, Abdelkader
title The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms
title_short The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms
title_full The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms
title_fullStr The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms
title_full_unstemmed The effects of corporate governance attributes and code amendments on the performance of Malaysian trading and services firms
title_sort effects of corporate governance attributes and code amendments on the performance of malaysian trading and services firms
publisher Inderscience
publishDate 2017
url http://irep.iium.edu.my/55109/1/Lallama%20et%20al%20%282017%29%20IJEBR.pdf
http://irep.iium.edu.my/55109/7/55109_The%20effects%20of%20corporate%20governance%20attributes%20and%20code_Scopus.pdf
http://irep.iium.edu.my/55109/
http://www.inderscience.com/info/inarticle.php?artid=81772
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score 13.211869