Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat

Jaafar, Syaiful Baharee and Rahmat, Mohd Mohid (2021) Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat. Asia-Pacific Management Accounting Journal (APMAJ), 16 (2): 30. pp. 129-158. ISSN (eISSN):2550-1631

Abstract

The diversity of a board provides good information for decision-making. In addition, having individuals from different backgrounds and having unique knowledge sets, experiences and skills lead to better governance. The objective of this study was to investigate trends of diversity in the boardroom in publicly listed Malaysian companies. The study was conducted on a sample of 337 companies listed on Bursa Malaysia with 674 observations from 2015 & 2016. The findings show that the diversity of boards with respect to gender, age, education, and ethnicity is beneficial. Most corporations prefer to appoint men to the board of directors. The results of the study show that when it comes to age and ethnicity, diversity becomes a priority for companies to compete in the open market. In addition, the findings indicate that knowledge, which is related to education and qualifications, is a very important element for sitting in the boardroom. In addition, education, diversity has a positive significance in a family firm. Family members need to be better qualified to ensure that the company is able to survive in the market for longer periods.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Jaafar, Syaiful Baharee
syaiful_1974@yahoo.com.my
Rahmat, Mohd Mohid
UNSPECIFIED
Subjects: H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management
H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > Organizational effectiveness. Performance measurement
Divisions: Universiti Teknologi MARA, Shah Alam > Accounting Research Institute (ARI)
Journal or Publication Title: Asia-Pacific Management Accounting Journal (APMAJ)
ISSN: (eISSN):2550-1631
Volume: 16
Number: 2
Page Range: pp. 129-158
Keywords: family firm, education diversity, age diversity
Date: 20 August 2021
URI: https://ir.uitm.edu.my/id/eprint/6065
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