Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies

The purpose of this paper is to empirically examine the effect of demographic diversity on boards of directors with regard to firm financial performance. This paper uses secondary data of non-financial listed companies over the period 2000 to 2006. Relevant concepts, propositions, hypotheses and co...

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Main Authors: Marimuthu, Maran, Kolandaisamy, Indraah
Format: Citation Index Journal
Institution: Universiti Teknologi Petronas
Record Id / ISBN-0: utp-eprints.12045 /
Published: 2009
Subjects:
HG Finance
Online Access: http://eprints.utp.edu.my/12045/1/Ethnic%20and%20Gender%20Diversity%20in%20Boards%20of%20Directors%20and%20Their%20Relevance%20to%20Financial%20Performance%20of%20Malaysian%20Companies.pdf
http://eprints.utp.edu.my/12045/
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spelling utp-eprints.120452017-03-20T00:31:50Z Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies Marimuthu, Maran Kolandaisamy, Indraah HG Finance The purpose of this paper is to empirically examine the effect of demographic diversity on boards of directors with regard to firm financial performance. This paper uses secondary data of non-financial listed companies over the period 2000 to 2006. Relevant concepts, propositions, hypotheses and control variables are specially developed to meet our requirements. Demographic diversity is represented by ethnic and gender diversity and performance is measured by return on asset (ROA) and return on equity (ROE). A series of OLS regressions using on the cross-sectional data are also presented. The results seem to be quite inconsistent to prove the relevance of diversity among the board members with regard to financial performance. 2009 Citation Index Journal PeerReviewed application/pdf http://eprints.utp.edu.my/12045/1/Ethnic%20and%20Gender%20Diversity%20in%20Boards%20of%20Directors%20and%20Their%20Relevance%20to%20Financial%20Performance%20of%20Malaysian%20Companies.pdf Marimuthu, Maran and Kolandaisamy, Indraah (2009) Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies. [Citation Index Journal] http://eprints.utp.edu.my/12045/
institution Universiti Teknologi Petronas
collection UTP Institutional Repository
topic HG Finance
spellingShingle HG Finance
Marimuthu, Maran
Kolandaisamy, Indraah
Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies
description The purpose of this paper is to empirically examine the effect of demographic diversity on boards of directors with regard to firm financial performance. This paper uses secondary data of non-financial listed companies over the period 2000 to 2006. Relevant concepts, propositions, hypotheses and control variables are specially developed to meet our requirements. Demographic diversity is represented by ethnic and gender diversity and performance is measured by return on asset (ROA) and return on equity (ROE). A series of OLS regressions using on the cross-sectional data are also presented. The results seem to be quite inconsistent to prove the relevance of diversity among the board members with regard to financial performance.
format Citation Index Journal
author Marimuthu, Maran
Kolandaisamy, Indraah
author_sort Marimuthu, Maran
title Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies
title_short Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies
title_full Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies
title_fullStr Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies
title_full_unstemmed Ethnic and Gender Diversity in Boards of Directors and Their Relevance to Financial Performance of Malaysian Companies
title_sort ethnic and gender diversity in boards of directors and their relevance to financial performance of malaysian companies
publishDate 2009
url http://eprints.utp.edu.my/12045/1/Ethnic%20and%20Gender%20Diversity%20in%20Boards%20of%20Directors%20and%20Their%20Relevance%20to%20Financial%20Performance%20of%20Malaysian%20Companies.pdf
http://eprints.utp.edu.my/12045/
_version_ 1741196138877288448
score 11.62408

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