Ceo's networks and companies' performance: evidence from Malaysia

This study seeks to examine the relationship among CEO's networks and companies' performance. Accordingly, two contradicting theories are rooted in this study that estimates the opposing results respectively. In proportion to social network theory, some would predict a positive linkage bet...

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Main Author: Wong, Voon Leong
Format: Thesis
Language:eng
eng
eng
Published: 2018
Subjects:
Online Access:https://etd.uum.edu.my/8575/1/s820210_01.pdf
https://etd.uum.edu.my/8575/2/s820210_02.pdf
https://etd.uum.edu.my/8575/3/s820210_references.docx
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spelling my-uum-etd.85752021-08-22T08:46:27Z Ceo's networks and companies' performance: evidence from Malaysia 2018 Wong, Voon Leong Shafie, Rohami Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF5601-5689 Accounting This study seeks to examine the relationship among CEO's networks and companies' performance. Accordingly, two contradicting theories are rooted in this study that estimates the opposing results respectively. In proportion to social network theory, some would predict a positive linkage between the CEO's networks and performance of entities; whereas the agency theory anticipates a negative relationship exist in the CEO's networks and financial performance of the companies. Derived from the measures that employed in this study to evaluate the CEO's networks effect, the empirical results for 100 non-financial companies in Malaysia suggest that CEOs with longer tenure build stronger networking and the companies with large board size are keenly looking for CEOs with an outsized social network. As well, it is observed that the CEO's networks have significant effect on companies' performance particularly sales growths in positive manner. However, neither any significant relationship can be observed between the CEO's networks and return on assets. Lastly, some facts are able to ascertain in Malaysia context for the argument that better-connected CEOs delivery value to companies performance in the course of their social network as consistent with social network theory. In future study, it is suggested to employ different and large sample size in same setting, or different site location in addition to considering different boundary condition of social ties. 2018 Thesis https://etd.uum.edu.my/8575/ https://etd.uum.edu.my/8575/1/s820210_01.pdf text eng public https://etd.uum.edu.my/8575/2/s820210_02.pdf text eng public https://etd.uum.edu.my/8575/3/s820210_references.docx text eng public other masters Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
eng
advisor Shafie, Rohami
topic HF5601-5689 Accounting
spellingShingle HF5601-5689 Accounting
Wong, Voon Leong
Ceo's networks and companies' performance: evidence from Malaysia
description This study seeks to examine the relationship among CEO's networks and companies' performance. Accordingly, two contradicting theories are rooted in this study that estimates the opposing results respectively. In proportion to social network theory, some would predict a positive linkage between the CEO's networks and performance of entities; whereas the agency theory anticipates a negative relationship exist in the CEO's networks and financial performance of the companies. Derived from the measures that employed in this study to evaluate the CEO's networks effect, the empirical results for 100 non-financial companies in Malaysia suggest that CEOs with longer tenure build stronger networking and the companies with large board size are keenly looking for CEOs with an outsized social network. As well, it is observed that the CEO's networks have significant effect on companies' performance particularly sales growths in positive manner. However, neither any significant relationship can be observed between the CEO's networks and return on assets. Lastly, some facts are able to ascertain in Malaysia context for the argument that better-connected CEOs delivery value to companies performance in the course of their social network as consistent with social network theory. In future study, it is suggested to employ different and large sample size in same setting, or different site location in addition to considering different boundary condition of social ties.
format Thesis
qualification_name other
qualification_level Master's degree
author Wong, Voon Leong
author_facet Wong, Voon Leong
author_sort Wong, Voon Leong
title Ceo's networks and companies' performance: evidence from Malaysia
title_short Ceo's networks and companies' performance: evidence from Malaysia
title_full Ceo's networks and companies' performance: evidence from Malaysia
title_fullStr Ceo's networks and companies' performance: evidence from Malaysia
title_full_unstemmed Ceo's networks and companies' performance: evidence from Malaysia
title_sort ceo's networks and companies' performance: evidence from malaysia
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2018
url https://etd.uum.edu.my/8575/1/s820210_01.pdf
https://etd.uum.edu.my/8575/2/s820210_02.pdf
https://etd.uum.edu.my/8575/3/s820210_references.docx
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