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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Main Authors: Tilai, Azra, Tan Hwang, Josephine Yau, Liwan, Audrey
Format: Article
Language:English
Published: 2023
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Online Access:https://ir.uitm.edu.my/id/eprint/85326/1/85326.pdf
https://ir.uitm.edu.my/id/eprint/85326/
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spelling 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.
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 H Social Sciences (General)
Research
spellingShingle 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
description 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.
format 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
publishDate 2023
url https://ir.uitm.edu.my/id/eprint/85326/1/85326.pdf
https://ir.uitm.edu.my/id/eprint/85326/
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score 13.211869