The impact of soft regulations on boardroom diversity and shareholders' confidence in Malaysia

Haseeb Ur Rahman; Mohd Yussoff Ibrahim; Ayoib Che Ahmad

doi:10.1109/ISTMET.2015.7359056

The impact of soft regulations on boardroom diversity and shareholders' confidence in Malaysia

Haseeb Ur Rahman^*, Mohd Yussoff Ibrahim, Ayoib Che Ahmad

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

1 Scopus citations

Abstract

Soft regulations, commonly known as Corporate Governance (CG) codes, aim to enhance shareholders' confidence by regulating corporate world. These regulations have turned much of the attention towards the improvement of boardroom diversity particularly after economic turmoil 2007-08. Malaysia like other countries, also recommended improving boardroom diversity in its recently introduced third CG code (Malaysian Code on Corporate Governance) in 2012. Thus, this paper proposes to investigate boardroom diversity (age, gender & ethnicity) and its relation with shareholders' confidence measured by share market price in the non-financial listed companies of Malaysia from 2010 to 2013. The proposed period of analysis represents two years pre and two years post enactment period of the code which will highlight the impact of the code, if any. The proposed study will fill the literature gap as most of the previous literature in the area has investigated the relationship between boardroom diversity and firm performance rather than shareholders' confidence.

Original language	English
Title of host publication	2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	345-349
Number of pages	5
ISBN (Electronic)	9781479917235
DOIs	https://doi.org/10.1109/ISTMET.2015.7359056
State	Published - 16 Dec 2015
Externally published	Yes
Event	2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Langkawi, Malaysia Duration: 25 Aug 2015 → 27 Aug 2015

Publication series

Name	2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding

Conference

Conference	2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015
Country/Territory	Malaysia
City	Langkawi
Period	25/08/15 → 27/08/15

Bibliographical note

Publisher Copyright:
© 2015 IEEE.

Keywords

Boardroom Diversity
MCCG 2012
Malaysian Non-Financial Listed Companies
Pre and Post Analysis
Shareholders' Confidence

ASJC Scopus subject areas

Computer Science Applications
Engineering (miscellaneous)
Health Informatics
Social Sciences (miscellaneous)
Organizational Behavior and Human Resource Management
Materials Science (miscellaneous)

Access to Document

10.1109/ISTMET.2015.7359056

Cite this

Rahman, H. U., Ibrahim, M. Y., & Ahmad, A. C. (2015). The impact of soft regulations on boardroom diversity and shareholders' confidence in Malaysia. In 2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding (pp. 345-349). Article 7359056 (2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ISTMET.2015.7359056

Rahman, Haseeb Ur ; Ibrahim, Mohd Yussoff ; Ahmad, Ayoib Che. / The impact of soft regulations on boardroom diversity and shareholders' confidence in Malaysia. 2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding. Institute of Electrical and Electronics Engineers Inc., 2015. pp. 345-349 (2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding).

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abstract = "Soft regulations, commonly known as Corporate Governance (CG) codes, aim to enhance shareholders' confidence by regulating corporate world. These regulations have turned much of the attention towards the improvement of boardroom diversity particularly after economic turmoil 2007-08. Malaysia like other countries, also recommended improving boardroom diversity in its recently introduced third CG code (Malaysian Code on Corporate Governance) in 2012. Thus, this paper proposes to investigate boardroom diversity (age, gender \& ethnicity) and its relation with shareholders' confidence measured by share market price in the non-financial listed companies of Malaysia from 2010 to 2013. The proposed period of analysis represents two years pre and two years post enactment period of the code which will highlight the impact of the code, if any. The proposed study will fill the literature gap as most of the previous literature in the area has investigated the relationship between boardroom diversity and firm performance rather than shareholders' confidence.",

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doi = "10.1109/ISTMET.2015.7359056",

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Rahman, HU, Ibrahim, MY & Ahmad, AC 2015, The impact of soft regulations on boardroom diversity and shareholders' confidence in Malaysia. in 2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding., 7359056, 2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding, Institute of Electrical and Electronics Engineers Inc., pp. 345-349, 2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015, Langkawi, Malaysia, 25/08/15. https://doi.org/10.1109/ISTMET.2015.7359056

The impact of soft regulations on boardroom diversity and shareholders' confidence in Malaysia. / Rahman, Haseeb Ur; Ibrahim, Mohd Yussoff; Ahmad, Ayoib Che.
2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding. Institute of Electrical and Electronics Engineers Inc., 2015. p. 345-349 7359056 (2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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Rahman HU, Ibrahim MY, Ahmad AC. The impact of soft regulations on boardroom diversity and shareholders' confidence in Malaysia. In 2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding. Institute of Electrical and Electronics Engineers Inc. 2015. p. 345-349. 7359056. (2nd International Symposium on Technology Management and Emerging Technologies, ISTMET 2015 - Proceeding). doi: 10.1109/ISTMET.2015.7359056

The impact of soft regulations on boardroom diversity and shareholders' confidence in Malaysia

Abstract

Publication series

Conference

Bibliographical note

Keywords

ASJC Scopus subject areas

Access to Document

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Cite this