Corporate Governance and Internationalization of Malaysia Public Listed Companies
The main purpose of this study is to examine the impact of the corporate governance on Internationalization for a sample 46 listed companies from 2008 to 2011 which have the reported international operations abroad. The study proposes that corporate governance mechanisms such as directors’ compensa...
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| Format: | Book Section |
| Language: | en |
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School of Social Sciences, USM
2017
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| Online Access: | http://eprints.usm.my/40714/1/ART_55.pdf http://eprints.usm.my/40714/ http://www.sspis.usm.my |
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| _version_ | 1834502119795720192 |
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| author | Lee, Lian Yee Chu, Ei Yet |
| author2 | A Kadir, Nadhrah |
| author_facet | A Kadir, Nadhrah Lee, Lian Yee Chu, Ei Yet |
| author_sort | Lee, Lian Yee |
| building | Hamzah Sendut Library |
| collection | Institutional Repository |
| content_provider | Universiti Sains Malaysia |
| content_source | USM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | The main purpose of this study is to examine the impact of the corporate governance on Internationalization for a sample 46 listed companies from 2008 to 2011 which have the reported international operations abroad. The study proposes that corporate governance mechanisms such as
directors’ compensation and characteristics of the board could influence firms' decision to internationalization. The measurement for internationalization is foreign sales (FS) and foreign assets (FA). The empirical results indicate that Internationalization by measuring FS is negative and significant related to board size. While measuring by FA indicate the negative and insignificant result. On the other hand, FA and FS are positive and significant related to executive compensation. However, it also found insignificantly related to CEO duality and board independent. According to MCCG requirement, the role of CEO and chairman should remain as non-duality to avoid CEO overpower and board to consist of 1/3
of independent board directors. As result, corporate governance characteristics especially board size
and director remuneration does influence firm internationalization. |
| format | Book Section |
| id | my.usm.eprints.40714 |
| institution | Universiti Sains Malaysia |
| language | en |
| publishDate | 2017 |
| publisher | School of Social Sciences, USM |
| record_format | eprints |
| spelling | my.usm.eprints.40714 http://eprints.usm.my/40714/ Corporate Governance and Internationalization of Malaysia Public Listed Companies Lee, Lian Yee Chu, Ei Yet H1-99 Social sciences (General) The main purpose of this study is to examine the impact of the corporate governance on Internationalization for a sample 46 listed companies from 2008 to 2011 which have the reported international operations abroad. The study proposes that corporate governance mechanisms such as directors’ compensation and characteristics of the board could influence firms' decision to internationalization. The measurement for internationalization is foreign sales (FS) and foreign assets (FA). The empirical results indicate that Internationalization by measuring FS is negative and significant related to board size. While measuring by FA indicate the negative and insignificant result. On the other hand, FA and FS are positive and significant related to executive compensation. However, it also found insignificantly related to CEO duality and board independent. According to MCCG requirement, the role of CEO and chairman should remain as non-duality to avoid CEO overpower and board to consist of 1/3 of independent board directors. As result, corporate governance characteristics especially board size and director remuneration does influence firm internationalization. School of Social Sciences, USM A Kadir, Nadhrah Rahmat, Siti Rahyla Mohd Tayeb, Azmil Mohd, Saidatulakmal 2017 Book Section PeerReviewed application/pdf en http://eprints.usm.my/40714/1/ART_55.pdf Lee, Lian Yee and Chu, Ei Yet (2017) Corporate Governance and Internationalization of Malaysia Public Listed Companies. In: Social Sciences Postgraduate International Seminar (SSPIS) 2017. School of Social Sciences, USM, Pulau Pinang, Malaysia, pp. 425-431. ISBN 9789671544013 http://www.sspis.usm.my |
| spellingShingle | H1-99 Social sciences (General) Lee, Lian Yee Chu, Ei Yet Corporate Governance and Internationalization of Malaysia Public Listed Companies |
| title | Corporate Governance and Internationalization of Malaysia Public Listed Companies |
| title_full | Corporate Governance and Internationalization of Malaysia Public Listed Companies |
| title_fullStr | Corporate Governance and Internationalization of Malaysia Public Listed Companies |
| title_full_unstemmed | Corporate Governance and Internationalization of Malaysia Public Listed Companies |
| title_short | Corporate Governance and Internationalization of Malaysia Public Listed Companies |
| title_sort | corporate governance and internationalization of malaysia public listed companies |
| topic | H1-99 Social sciences (General) |
| url | http://eprints.usm.my/40714/1/ART_55.pdf http://eprints.usm.my/40714/ http://www.sspis.usm.my |
| url_provider | http://eprints.usm.my/ |