A study on the relationship between internal attributes of corporate governance and return on asset of non-financial sectors / Tressa Jemat

This research paper investigates the relationship between the internal attributes of
corporate governance and the return of asset of the firm. However, there were not
many about corporate governance studies had been done either in develop or
developing country. Therefore, in this study the independent variables that had been
selected are boards size, audit committee, leverage and firm size were selected to
investigate the relation to the return on asset. Furthermore, the corporate governance
that applied in each country were depend on the country itself. The finding in this
study showed that the Hadri Test only can interpret the data and the result showed that
the board size was positively insignificant, audit committee and firm size were
negatively insignificant and leverage showed negatively significant. The R-square in
this study was 49.43% which indicated that the independent variables can explained
the dependent variables while other 50.57% from the omission of the other imported
independent variables.