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:	eng eng
Published:	2016
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/6107/1/s817747_01.pdf https://etd.uum.edu.my/6107/2/s817747_02.pdf
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id	my-uum-etd.6107
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Khaw, Lee Hwei
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
qualification_name	other
qualification_level	Master's degree
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
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2016
url	https://etd.uum.edu.my/6107/1/s817747_01.pdf https://etd.uum.edu.my/6107/2/s817747_02.pdf
_version_	1747828022537355264
spelling	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. 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Board gender diversity and corporate risk taking

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