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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HG Finance Nur Akma Syikin, Mahamud Board gender diversity and corporate risk taking |
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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. |
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Master's degree |
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Nur Akma Syikin, Mahamud |
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Nur Akma Syikin, Mahamud |
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Nur Akma Syikin, Mahamud |
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Board gender diversity and corporate risk taking |
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Board gender diversity and corporate risk taking |
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Board gender diversity and corporate risk taking |
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Board gender diversity and corporate risk taking |
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Board gender diversity and corporate risk taking |
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board gender diversity and corporate risk taking |
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Universiti Utara Malaysia |
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School of Economics, Finance & Banking |
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2016 |
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https://etd.uum.edu.my/6107/1/s817747_01.pdf https://etd.uum.edu.my/6107/2/s817747_02.pdf |
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my-uum-etd.61072021-04-19T03:08:15Z Board gender diversity and corporate risk taking 2016 Nur Akma Syikin, Mahamud Khaw, Lee Hwei School of Economics, Finance & Banking School of Economics, Finance and Banking 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 https://etd.uum.edu.my/6107/ https://etd.uum.edu.my/6107/1/s817747_01.pdf text eng public https://etd.uum.edu.my/6107/2/s817747_02.pdf text eng public other masters Universiti Utara Malaysia Adams, R. B., & Ferreira, D. (2009). Women in the boardroom and their impact on governance and performance. Journal of financial economics,94(2), 291-309. Banoo, S. (2015, September). All on board. Accounting and Business, 60-61. Retrieved http://www.accaglobal.com/content/dam/ACCA_Global/Members/AB/2015/September/AB%20MY%20Sept%202015.pdf Barber, B. M., & Odean, T. 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