CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan
The research aims to investigate the relationship between Chief Financial Officer (CFO) attributes and corporate risk management of the Top 100 Firms in Malaysia. A sample of 8 years from 2012 to 2019 with 704 observations excluding financial firms is used. Corporate risk management is measured by t...
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my.uitm.ir.853262023-11-17T09:10:43Z https://ir.uitm.edu.my/id/eprint/85326/ CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan ijsms Tilai, Azra Tan Hwang, Josephine Yau Liwan, Audrey H Social Sciences (General) Research The research aims to investigate the relationship between Chief Financial Officer (CFO) attributes and corporate risk management of the Top 100 Firms in Malaysia. A sample of 8 years from 2012 to 2019 with 704 observations excluding financial firms is used. Corporate risk management is measured by two proxies: hedging decisions and the usage of financial derivatives. The independent variables are CFO attributes (age, gender, education level, professional qualification, tenure, and nationality). This study is controlled with leverage, firm size, profitability, cost of financial distress, and capital expenditure. Panel logistic regression is conducted to analyse the relationship between the CFO attributes and hedging decisions. Based on the main findings, CFO age, gender, education level, and nationality significantly impact corporate risk management. 2023 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/85326/1/85326.pdf CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan. (2023) International Journal of Service Management and Sustainability <https://ir.uitm.edu.my/view/publication/International_Journal_of_Service_Management_and_Sustainability/>, 8 (2): 4. pp. 59-80. |
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H Social Sciences (General) Research Tilai, Azra Tan Hwang, Josephine Yau Liwan, Audrey CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan |
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The research aims to investigate the relationship between Chief Financial Officer (CFO) attributes and corporate risk management of the Top 100 Firms in Malaysia. A sample of 8 years from 2012 to 2019 with 704 observations excluding financial firms is used. Corporate risk management is measured by two proxies: hedging decisions and the usage of financial derivatives. The independent variables are CFO attributes (age, gender, education level, professional qualification, tenure, and nationality). This study is controlled with leverage, firm size, profitability, cost of financial distress, and capital expenditure. Panel logistic regression is conducted to analyse the relationship between the CFO attributes and hedging decisions. Based on the main findings, CFO age, gender, education level, and nationality significantly impact corporate risk management. |
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Article |
author |
Tilai, Azra Tan Hwang, Josephine Yau Liwan, Audrey |
author_facet |
Tilai, Azra Tan Hwang, Josephine Yau Liwan, Audrey |
author_sort |
Tilai, Azra |
title |
CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan |
title_short |
CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan |
title_full |
CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan |
title_fullStr |
CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan |
title_full_unstemmed |
CFO attributes and corporate risk management: evidence from top 100 firms in Malaysia/ Azra Tilai, Josephine Yau Tan Hwang& Audrey Liwan |
title_sort |
cfo attributes and corporate risk management: evidence from top 100 firms in malaysia/ azra tilai, josephine yau tan hwang& audrey liwan |
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2023 |
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https://ir.uitm.edu.my/id/eprint/85326/1/85326.pdf https://ir.uitm.edu.my/id/eprint/85326/ |
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