Board gender diversity and corporate risk taking

This study examines the relationship between board gender diversity and corporate risk taking among Malaysian companies. Pooled Ordinary Least Square (OLS) regression and Panel Data regression are used in this study to examine the relationship between these variables. The selected samples include of...

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Main Author: Nur Akma Syikin, Mahamud
Format: Thesis
Language:English
English
Published: 2016
Subjects:
Online Access:http://etd.uum.edu.my/6107/
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spelling my.uum.etd.61072021-04-19T03:08:15Z http://etd.uum.edu.my/6107/ Board gender diversity and corporate risk taking Nur Akma Syikin, Mahamud HG Finance This study examines the relationship between board gender diversity and corporate risk taking among Malaysian companies. Pooled Ordinary Least Square (OLS) regression and Panel Data regression are used in this study to examine the relationship between these variables. The selected samples include of Malaysian listed companies in the main board Bursa Malaysia. Final sample consists of 634 non-financial companies with 6,816 firm year observations for a sample period of 15 years that is from the year 2000 until 2014. Results indicate that the presence of women directors can mitigate corporate risk taking while; male-only board leads to higher level of firm risk taking. These results are consistently significant when different measures are used to proxy for risk taking. Consistently, both pooled OLS and panel data regressions confirm the findings. In addition, fixed effects panel data regression is found to better explained the hypothesised relationship than random effects. This study concludes that board gender diversity can be used as a monitoring agent to mitigate corporate risk taking, supporting the regulator’s initiative to promote gender diversity in the corporate boardrooms. 2016 Thesis NonPeerReviewed text en /6107/1/s817747_01.pdf text en /6107/2/s817747_02.pdf Nur Akma Syikin, Mahamud (2016) Board gender diversity and corporate risk taking. Masters thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
topic HG Finance
spellingShingle HG Finance
Nur Akma Syikin, Mahamud
Board gender diversity and corporate risk taking
description This study examines the relationship between board gender diversity and corporate risk taking among Malaysian companies. Pooled Ordinary Least Square (OLS) regression and Panel Data regression are used in this study to examine the relationship between these variables. The selected samples include of Malaysian listed companies in the main board Bursa Malaysia. Final sample consists of 634 non-financial companies with 6,816 firm year observations for a sample period of 15 years that is from the year 2000 until 2014. Results indicate that the presence of women directors can mitigate corporate risk taking while; male-only board leads to higher level of firm risk taking. These results are consistently significant when different measures are used to proxy for risk taking. Consistently, both pooled OLS and panel data regressions confirm the findings. In addition, fixed effects panel data regression is found to better explained the hypothesised relationship than random effects. This study concludes that board gender diversity can be used as a monitoring agent to mitigate corporate risk taking, supporting the regulator’s initiative to promote gender diversity in the corporate boardrooms.
format Thesis
author Nur Akma Syikin, Mahamud
author_facet Nur Akma Syikin, Mahamud
author_sort Nur Akma Syikin, Mahamud
title Board gender diversity and corporate risk taking
title_short Board gender diversity and corporate risk taking
title_full Board gender diversity and corporate risk taking
title_fullStr Board gender diversity and corporate risk taking
title_full_unstemmed Board gender diversity and corporate risk taking
title_sort board gender diversity and corporate risk taking
publishDate 2016
url http://etd.uum.edu.my/6107/
_version_ 1698699499446206464
score 13.211869