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Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal

This dissertation examines the association between board structure and corporate performance, where performance is defined as the value added (VA) efficiency of the firms' physical and intellectual resources rather than the more commonly used financial terms or profitability ratios. It is ar...

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Main Author: Mustaffa Kamal, Nurmala
Format: Thesis
Language:English
Published: 2005
Subjects:
Malaysia
Online Access:http://ir.uitm.edu.my/id/eprint/3411/1/TM_NURMALA%20MUSTAFFA%20KAMAL%20AC%2005_5%201.pdf
http://ir.uitm.edu.my/id/eprint/3411/
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spelling my.uitm.ir.34112016-08-17T07:41:54Z http://ir.uitm.edu.my/id/eprint/3411/ Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal Mustaffa Kamal, Nurmala Malaysia This dissertation examines the association between board structure and corporate performance, where performance is defined as the value added (VA) efficiency of the firms' physical and intellectual resources rather than the more commonly used financial terms or profitability ratios. It is argued that the inclusion of intellectual elements into the measurement provides a long-term measurement of corporate performance. The VA efficiency of the firms' total resources is calculated using the Value Added Intellectual Coefficient (VAIC) methodology developed by Ante Pulic (1998). The four board characteristics that are of interest in this study are board composition, directors' ownership, CEO duality and board size. Based on a randomly selected sample of 75 companies listed on the main board of Bursa Malaysia, it is found that board composition and board size have a positive impact on the VA efficiency of firms' total resources, while the effects of directors' ownership and CEO duality on the VA efficiency of firms' total resources are not established. The outcome of the study shows that the emphasis on the importance of independent non-executive directors on the board by the Malaysian Code on Corporate Governance and by the requirements of Bursa Malaysia is deemed very important to the long-term performance of the companies. The study also shows that larger boards function more effectively in Malaysia. 2005 Thesis NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/3411/1/TM_NURMALA%20MUSTAFFA%20KAMAL%20AC%2005_5%201.pdf Mustaffa Kamal, Nurmala (2005) Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal. Masters thesis, Universiti Teknologi MARA.
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Malaysia
spellingShingle Malaysia
Mustaffa Kamal, Nurmala
Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
description This dissertation examines the association between board structure and corporate performance, where performance is defined as the value added (VA) efficiency of the firms' physical and intellectual resources rather than the more commonly used financial terms or profitability ratios. It is argued that the inclusion of intellectual elements into the measurement provides a long-term measurement of corporate performance. The VA efficiency of the firms' total resources is calculated using the Value Added Intellectual Coefficient (VAIC) methodology developed by Ante Pulic (1998). The four board characteristics that are of interest in this study are board composition, directors' ownership, CEO duality and board size. Based on a randomly selected sample of 75 companies listed on the main board of Bursa Malaysia, it is found that board composition and board size have a positive impact on the VA efficiency of firms' total resources, while the effects of directors' ownership and CEO duality on the VA efficiency of firms' total resources are not established. The outcome of the study shows that the emphasis on the importance of independent non-executive directors on the board by the Malaysian Code on Corporate Governance and by the requirements of Bursa Malaysia is deemed very important to the long-term performance of the companies. The study also shows that larger boards function more effectively in Malaysia.
format Thesis
author Mustaffa Kamal, Nurmala
author_facet Mustaffa Kamal, Nurmala
author_sort Mustaffa Kamal, Nurmala
title Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_short Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_full Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_fullStr Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_full_unstemmed Association between board structure and the value added efficiency of physical and intellectual resources of firms in Malaysia / Nurmala Mustaffa Kamal
title_sort association between board structure and the value added efficiency of physical and intellectual resources of firms in malaysia / nurmala mustaffa kamal
publishDate 2005
url http://ir.uitm.edu.my/id/eprint/3411/1/TM_NURMALA%20MUSTAFFA%20KAMAL%20AC%2005_5%201.pdf
http://ir.uitm.edu.my/id/eprint/3411/
_version_ 1685648195384770560
score 13.211869

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