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Board Structure and Performance of Government-linked and Non-government-linked Companies: A Comparative Study of Selected Listed Companies' in Malaysia, India and Singapore

Author

Listed:
  • Amna Obeid

    (Prince Sultan University, Riyadh, Saudi Arabia)

  • Sheela Devi Sundarasen

    (Prince Sultan University, Riyadh, Saudi Arabia)

Abstract

This study examines the relationship between board structure (proxied by non-executive directors, chief executive officer duality, board size and independent directors) and company performance from the perspectives of profitability, liquidity and gearing amongst selected listed companies in Malaysia, India and Singapore. The study also determines the extent of similarities and divergences in the abovementioned relationships amongst the three countries. The results indicate that both Malaysia and India share similarities in most relationships but the reverse is documented for Singapore. It is conjectured that mere existence of governance may not be sufficient but its proper execution needs to be seriously considered by policy makers. This will ensure enhanced company performance and long-term survival and sustainability of companies.

Suggested Citation

  • Amna Obeid & Sheela Devi Sundarasen, 2017. "Board Structure and Performance of Government-linked and Non-government-linked Companies: A Comparative Study of Selected Listed Companies' in Malaysia, India and Singapore," International Journal of Economics and Financial Issues, Econjournals, vol. 7(1), pages 442-447.
    • Handle: RePEc:eco:journ1:2017-01-57
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    More about this item

    Keywords

    Board Structure; Governance; Performance; GLCs; Non-GLCs; Malaysia; India and Singapore;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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