Risk in the boardroom: how director networks and diversity shape corporate decision-making in Malaysia

Corporate risk-taking plays a significant role in shaping the long-term sustainability and competitiveness of companies. In Malaysia, recent shifts in governance codes and economic volatility have amplified scrutiny on how boards influence such risk-taking behaviour. While traditional corporate governance approaches often focus on board size or independence, emerging studies highlight a subtler force-board networks and the diversity embedded within them.