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

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 i...

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Main Authors: Jaafar, Syaiful Baharee, Rahmat, Mohd Mohid
Format: Article
Language:English
Published: Universiti Teknologi MARA 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/6065/
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author Jaafar, Syaiful Baharee
Rahmat, Mohd Mohid
author_facet Jaafar, Syaiful Baharee
Rahmat, Mohd Mohid
author_sort Jaafar, Syaiful Baharee
building UiTM Institutional Repository
collection Online Access
description 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.
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spelling uitm-60652021-09-10T01:28:05Z https://ir.uitm.edu.my/id/eprint/6065/ Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat Jaafar, Syaiful Baharee Rahmat, Mohd Mohid Management. Industrial Management Organizational effectiveness. Performance measurement 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. Universiti Teknologi MARA 2021-08-20 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/6065/1/6065.pdf Jaafar, Syaiful Baharee and Rahmat, Mohd Mohid (2021) Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat. (2021) Asia-Pacific Management Accounting Journal (APMAJ) <https://ir.uitm.edu.my/view/publication/Asia-Pacific_Management_Accounting_Journal_=28APMAJ=29.html>, 16 (2): 30. pp. 129-158. ISSN (eISSN):2550-1631 https://apmaj.uitm.edu.my/
spellingShingle Management. Industrial Management
Organizational effectiveness. Performance measurement
Jaafar, Syaiful Baharee
Rahmat, Mohd Mohid
Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat
title Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat
title_full Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat
title_fullStr Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat
title_full_unstemmed Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat
title_short Trends of board diversity: who sits in a boardroom? / Syaiful Baharee Jaafar and Mohd Mohid Rahmat
title_sort trends of board diversity: who sits in a boardroom? / syaiful baharee jaafar and mohd mohid rahmat
topic Management. Industrial Management
Organizational effectiveness. Performance measurement
url https://ir.uitm.edu.my/id/eprint/6065/
https://ir.uitm.edu.my/id/eprint/6065/