UUM Electronic Theses and Dissertation
UUM ETD | Universiti Utara Malaysian Electronic Theses and Dissertation
FAQs | Feedback | Search Tips | Sitemap

An econometric analysis of female director on company performance the non linear effects

Chen, Ming (2012) An econometric analysis of female director on company performance the non linear effects. Masters thesis, Universiti Utara Malaysia.

[thumbnail of s810019.pdf] Text
Restricted to Registered users only

Download (3MB) | Request a copy
[thumbnail of s810019_abstract.pdf]

Download (3MB) | Preview


The aim of this paper is to investigate an econometric analysis of nonlinear effects of
gender composition of the board of directors on company performance using Malaysian initial public offering (IPO) companies. It also examines other factors of board composition which are independent directors and non-executive director. This study finds that gender diversity on board does not affect the company financial performance based on return on assets, return on equity and Tobin's Q using a sample of 123 IPO companies from the total population of 230 IPO companies which were
listed during the period of 2005 to 2012. Results reveal that there is no significant
relationship between the percentage of independent and non-executive directors on
board and company financial performance, either linearly or nonlinearly, except at upper 80th percentiles of return on equity, this study covers strong evidence that more female directors on board are associated with significantly high return. This research
contributes to the existing literature on gender especially in the context of IPO
companies using econometric analysis. This is one of the rare comprehensive study uses multiple statistics tools to examine the factors of board composition using recent
Malaysian IPOs data

Item Type: Thesis (Masters)
Supervisor : Lim, Hock Eam
Item ID: 5273
Uncontrolled Keywords: Nonlinear analysis, Quantile regression, Female directors, Board composition, Corporate governance, Financial Performance, IPO, Malaysia
Subjects: H Social Sciences > HB Economic Theory
Divisions: Othman Yeop Abdullah Graduate School of Business
Date Deposited: 10 Dec 2015 01:17
Last Modified: 20 Apr 2016 07:17
Department: Othman Yeop Abdullah Graduate School of Business
Name: Lim, Hock Eam
URI: https://etd.uum.edu.my/id/eprint/5273

Actions (login required)

View Item
View Item