Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific
Purpose: The purpose of this paper is to examine the impact of board busyness on firm efficiency in the context of directors’ experience, specifically on directors’ experience that moderates the impact of board busyness on firm efficiency. Directors’ experience is examined by exploring both depth (b...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald
2019
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| Online Access: | http://psasir.upm.edu.my/id/eprint/79431/ http://psasir.upm.edu.my/id/eprint/79431/1/Does%20directors%E2%80%99%20experience%20positively%20moderate%20.pdf |
| _version_ | 1848858676936310784 |
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| author | Tan, Khar Mang Amin Noordin, Bany Ariffin Kamarudin, Fakarudin Abdul Rahim, Norhuda |
| author_facet | Tan, Khar Mang Amin Noordin, Bany Ariffin Kamarudin, Fakarudin Abdul Rahim, Norhuda |
| author_sort | Tan, Khar Mang |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Purpose: The purpose of this paper is to examine the impact of board busyness on firm efficiency in the context of directors’ experience, specifically on directors’ experience that moderates the impact of board busyness on firm efficiency. Directors’ experience is examined by exploring both depth (board tenure) and breadth (number of former listed directorship) of experience. Design/methodology/approach: This paper employs data envelopment analysis (DEA) to examine firm efficiency. Then, fixed effect panel regression analysis is applied to test the direct and moderating effect based on a sample of firms in the selected Asia-Pacific countries. Findings: Significant positive evidence for the moderating effect of directors’ experience on the impact of board busyness on firm efficiency is documented. Practical implications: Findings are essential for managers, country policymakers and potential investors as inputs to improve the current company practices, laws and policies through the notion that directors’ experience does enable the busy board to contribute to improved firm efficiency. Originality/value: This paper contributes to the debated perspectives on board busyness by providing initial evidence that directors’ experience positively moderates the impact of board busyness on firm efficiency. |
| first_indexed | 2025-11-15T12:17:14Z |
| format | Article |
| id | upm-79431 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T12:17:14Z |
| publishDate | 2019 |
| publisher | Emerald |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-794312021-04-06T10:52:02Z http://psasir.upm.edu.my/id/eprint/79431/ Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific Tan, Khar Mang Amin Noordin, Bany Ariffin Kamarudin, Fakarudin Abdul Rahim, Norhuda Purpose: The purpose of this paper is to examine the impact of board busyness on firm efficiency in the context of directors’ experience, specifically on directors’ experience that moderates the impact of board busyness on firm efficiency. Directors’ experience is examined by exploring both depth (board tenure) and breadth (number of former listed directorship) of experience. Design/methodology/approach: This paper employs data envelopment analysis (DEA) to examine firm efficiency. Then, fixed effect panel regression analysis is applied to test the direct and moderating effect based on a sample of firms in the selected Asia-Pacific countries. Findings: Significant positive evidence for the moderating effect of directors’ experience on the impact of board busyness on firm efficiency is documented. Practical implications: Findings are essential for managers, country policymakers and potential investors as inputs to improve the current company practices, laws and policies through the notion that directors’ experience does enable the busy board to contribute to improved firm efficiency. Originality/value: This paper contributes to the debated perspectives on board busyness by providing initial evidence that directors’ experience positively moderates the impact of board busyness on firm efficiency. Emerald 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/79431/1/Does%20directors%E2%80%99%20experience%20positively%20moderate%20.pdf Tan, Khar Mang and Amin Noordin, Bany Ariffin and Kamarudin, Fakarudin and Abdul Rahim, Norhuda (2019) Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific. Asia-Pacific Journal of Business Administration, 11 (3). pp. 232-250. ISSN 1757-4323 https://www.emerald.com/insight/content/doi/10.1108/APJBA-01-2019-0008/full/html 10.1108/APJBA-01-2019-0008 |
| spellingShingle | Tan, Khar Mang Amin Noordin, Bany Ariffin Kamarudin, Fakarudin Abdul Rahim, Norhuda Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific |
| title | Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific |
| title_full | Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific |
| title_fullStr | Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific |
| title_full_unstemmed | Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific |
| title_short | Does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from Asia-Pacific |
| title_sort | does directors’ experience positively moderate the impact of board busyness on firm efficiency? evidence from asia-pacific |
| url | http://psasir.upm.edu.my/id/eprint/79431/ http://psasir.upm.edu.my/id/eprint/79431/ http://psasir.upm.edu.my/id/eprint/79431/ http://psasir.upm.edu.my/id/eprint/79431/1/Does%20directors%E2%80%99%20experience%20positively%20moderate%20.pdf |