Women directors involvement in Malaysia

Empirical studies found that women are under-represented on corporate boards despite their high participation in the workforce. In Malaysia, the establishment of Ministry of Women, Family and Community Development plays a role in boosting the women roles. In year 2004, the Malaysian Government has...

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Main Authors: Amran, Noor Afza, Ku Ismail, Ku Nor Izah, Aripin, Norhani, Hassan, Norlaili, Abd Manaf, Kamarul Bahrain, Abdullah , Shamsul Nahar
Format: Article
Language:English
Published: INSI Publications 2014
Subjects:
Online Access:http://irep.iium.edu.my/39423/
http://irep.iium.edu.my/39423/1/Women_participation_IBCST_2014.pdf
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author Amran, Noor Afza
Ku Ismail, Ku Nor Izah
Aripin, Norhani
Hassan, Norlaili
Abd Manaf, Kamarul Bahrain
Abdullah , Shamsul Nahar
author_facet Amran, Noor Afza
Ku Ismail, Ku Nor Izah
Aripin, Norhani
Hassan, Norlaili
Abd Manaf, Kamarul Bahrain
Abdullah , Shamsul Nahar
author_sort Amran, Noor Afza
building IIUM Repository
collection Online Access
description Empirical studies found that women are under-represented on corporate boards despite their high participation in the workforce. In Malaysia, the establishment of Ministry of Women, Family and Community Development plays a role in boosting the women roles. In year 2004, the Malaysian Government has imposed the public sector agencies to appoint 30% women to be involved at the decision making levels. In 2011, the government extended the policy to the private sector and set 2016 as the year for meeting the target. This paper seeks to determine the level of women participation on boards in 2010 and examine the profiles of the women, as well as the companies that appoint women to their boards. Based on 831 Malaysian listed companies, we find that a majority of women directors are of Chinese ethnicity, non-independent directors, and have an accounting and other business-related academic background. Many of them are family-related to other directors. This study contributes significantly to the policy makers and the authority responsible for promoting women to become directors.
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spelling iium-394232014-12-02T04:58:29Z http://irep.iium.edu.my/39423/ Women directors involvement in Malaysia Amran, Noor Afza Ku Ismail, Ku Nor Izah Aripin, Norhani Hassan, Norlaili Abd Manaf, Kamarul Bahrain Abdullah , Shamsul Nahar HF5387 Business ethics Empirical studies found that women are under-represented on corporate boards despite their high participation in the workforce. In Malaysia, the establishment of Ministry of Women, Family and Community Development plays a role in boosting the women roles. In year 2004, the Malaysian Government has imposed the public sector agencies to appoint 30% women to be involved at the decision making levels. In 2011, the government extended the policy to the private sector and set 2016 as the year for meeting the target. This paper seeks to determine the level of women participation on boards in 2010 and examine the profiles of the women, as well as the companies that appoint women to their boards. Based on 831 Malaysian listed companies, we find that a majority of women directors are of Chinese ethnicity, non-independent directors, and have an accounting and other business-related academic background. Many of them are family-related to other directors. This study contributes significantly to the policy makers and the authority responsible for promoting women to become directors. INSI Publications 2014 Article PeerReviewed application/pdf en http://irep.iium.edu.my/39423/1/Women_participation_IBCST_2014.pdf Amran, Noor Afza and Ku Ismail, Ku Nor Izah and Aripin, Norhani and Hassan, Norlaili and Abd Manaf, Kamarul Bahrain and Abdullah , Shamsul Nahar (2014) Women directors involvement in Malaysia. Australian Journal of Basic and Applied Sciences, 8 (5). pp. 226-231. ISSN 1991-8178 http://www.ajbasweb.com/current.php
spellingShingle HF5387 Business ethics
Amran, Noor Afza
Ku Ismail, Ku Nor Izah
Aripin, Norhani
Hassan, Norlaili
Abd Manaf, Kamarul Bahrain
Abdullah , Shamsul Nahar
Women directors involvement in Malaysia
title Women directors involvement in Malaysia
title_full Women directors involvement in Malaysia
title_fullStr Women directors involvement in Malaysia
title_full_unstemmed Women directors involvement in Malaysia
title_short Women directors involvement in Malaysia
title_sort women directors involvement in malaysia
topic HF5387 Business ethics
url http://irep.iium.edu.my/39423/
http://irep.iium.edu.my/39423/
http://irep.iium.edu.my/39423/1/Women_participation_IBCST_2014.pdf