An Evaluation of Corporate Governance Characteristics and Corporate Performance between Government-Linked Companies (GLCs) in Malaysia and Singapore: A Panel Data Analysis

This research seeks to investigate whether corporate governance contributes to the Government-link public listed companies’ performance in Malaysia and Singapore. A sample consisting of 20 Malaysian Government-linked public listed companies and 20 Singaporean Government-linked public listed companie...

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Autores principales: Ching Yat David Ng, Teck Chai Lau, Peck Ling Tee, Siew Fong Lai
Formato: article
Lenguaje:EN
FR
Publicado: EDP Sciences 2021
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Acceso en línea:https://doaj.org/article/d7639451fe624f08af48ea4c8a794d1d
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spelling oai:doaj.org-article:d7639451fe624f08af48ea4c8a794d1d2021-12-02T17:15:13ZAn Evaluation of Corporate Governance Characteristics and Corporate Performance between Government-Linked Companies (GLCs) in Malaysia and Singapore: A Panel Data Analysis2261-242410.1051/shsconf/202112404005https://doaj.org/article/d7639451fe624f08af48ea4c8a794d1d2021-01-01T00:00:00Zhttps://www.shs-conferences.org/articles/shsconf/pdf/2021/35/shsconf_icmesh2020_04005.pdfhttps://doaj.org/toc/2261-2424This research seeks to investigate whether corporate governance contributes to the Government-link public listed companies’ performance in Malaysia and Singapore. A sample consisting of 20 Malaysian Government-linked public listed companies and 20 Singaporean Government-linked public listed companies were selected. The research timeframe covers from 2012 to 2017. Findings revealed that except for board meetings and independent directors, 4 other independent variables were statistically significant in affecting the Malaysian and Singaporean government-link public listed companies’ performance. Directors’ ownership had a significant negative impact on ROA and ROE in Malaysia but had no impact in Singapore. Board meetings and independent directors had no impact towards firm performance in both countries. Board size had positive and significant impact on ROE in Singapore. Number of women directors was significantly negatively related to Tobin’s Q, ROA and ROE. Leverage level was significantly negatively related to all firm performance’s measures in Malaysia, while only significantly related to Tobin’s Q in Singapore.Ching Yat David NgTeck Chai LauPeck Ling TeeSiew Fong LaiEDP SciencesarticleSocial SciencesHENFRSHS Web of Conferences, Vol 124, p 04005 (2021)
institution DOAJ
collection DOAJ
language EN
FR
topic Social Sciences
H
spellingShingle Social Sciences
H
Ching Yat David Ng
Teck Chai Lau
Peck Ling Tee
Siew Fong Lai
An Evaluation of Corporate Governance Characteristics and Corporate Performance between Government-Linked Companies (GLCs) in Malaysia and Singapore: A Panel Data Analysis
description This research seeks to investigate whether corporate governance contributes to the Government-link public listed companies’ performance in Malaysia and Singapore. A sample consisting of 20 Malaysian Government-linked public listed companies and 20 Singaporean Government-linked public listed companies were selected. The research timeframe covers from 2012 to 2017. Findings revealed that except for board meetings and independent directors, 4 other independent variables were statistically significant in affecting the Malaysian and Singaporean government-link public listed companies’ performance. Directors’ ownership had a significant negative impact on ROA and ROE in Malaysia but had no impact in Singapore. Board meetings and independent directors had no impact towards firm performance in both countries. Board size had positive and significant impact on ROE in Singapore. Number of women directors was significantly negatively related to Tobin’s Q, ROA and ROE. Leverage level was significantly negatively related to all firm performance’s measures in Malaysia, while only significantly related to Tobin’s Q in Singapore.
format article
author Ching Yat David Ng
Teck Chai Lau
Peck Ling Tee
Siew Fong Lai
author_facet Ching Yat David Ng
Teck Chai Lau
Peck Ling Tee
Siew Fong Lai
author_sort Ching Yat David Ng
title An Evaluation of Corporate Governance Characteristics and Corporate Performance between Government-Linked Companies (GLCs) in Malaysia and Singapore: A Panel Data Analysis
title_short An Evaluation of Corporate Governance Characteristics and Corporate Performance between Government-Linked Companies (GLCs) in Malaysia and Singapore: A Panel Data Analysis
title_full An Evaluation of Corporate Governance Characteristics and Corporate Performance between Government-Linked Companies (GLCs) in Malaysia and Singapore: A Panel Data Analysis
title_fullStr An Evaluation of Corporate Governance Characteristics and Corporate Performance between Government-Linked Companies (GLCs) in Malaysia and Singapore: A Panel Data Analysis
title_full_unstemmed An Evaluation of Corporate Governance Characteristics and Corporate Performance between Government-Linked Companies (GLCs) in Malaysia and Singapore: A Panel Data Analysis
title_sort evaluation of corporate governance characteristics and corporate performance between government-linked companies (glcs) in malaysia and singapore: a panel data analysis
publisher EDP Sciences
publishDate 2021
url https://doaj.org/article/d7639451fe624f08af48ea4c8a794d1d
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