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https://ptsldigital.ukm.my/jspui/handle/123456789/457277| Title: | Relationship between board mechanism and firm performance: evidence from ACE market family firms |
| Authors: | Alifah Haji Hamid (P63543) |
| Supervisor: | Azlina Ahmad, Dr. |
| Keywords: | Performance Board members Characteristics Universiti Kebangsaan Malaysia -- Dissertations |
| Issue Date: | 5-Jan-2018 |
| Description: | Family firms are major contributor to the economic state of many countries around the globe. Thus, greater understanding of how performance of family firm can be sustained from one generation to another is an issue of great importance. Previous studies have shown that firm performance is influenced by the characteristics of its board members. However, thus far the findings are mixed and inconsistent. Furthermore, many previous studies used limited variables of board characteristics and examined the effect of these variables on firm performance independently. However in actuality these characteristics work together and not in isolation to positively impact firm performance. To address this problem, this study introduces board mechanism, which combines 11 board characteristics as an aggregate measure of board quality. This study predicts a positive relationship between board mechanism and firm performance. If a firm has high board mechanism score, it means that the firm has good board quality, which consequently can enhance firm performance. Firm performance is measured based on earnings per share. Data for the study was obtained from 76 annual reports of family firms listed on the ACE Market of Bursa Malaysia in 2012. The findings showed that family firms with better board mechanisms quality reported better firm performance. This study contributes to the literature by providing an aggregate measure of board quality which is examined on family firms in the ACE market which constitute of growth firms.,Certification of Master's/Doctoral Thesis" is not available |
| Pages: | 131 |
| Publisher: | UKM, Bangi |
| Appears in Collections: | Faculty of Economy and Management / Fakulti Ekonomi dan Pengurusan |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| ukmvital_98263+SOURCE1+SOURCE1.0.PDF Restricted Access | 49.23 kB | Adobe PDF |  View/Open |
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