Malaysian evidence supporting theoretical integration of roles of non-executive directors

Purpose – The purpose of this paper is to investigate the role of independent non-executive directors (INEDs) in Malaysian public listed companies (PLCs), other than the control role prescribed by agency theory and reformatory documents such as the Malaysian Code of Corporate Governance. Design/m...

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Main Author:	Annuar, Hairul Azlan
Format:	Article
Language:	English
Published:	Emerald Publishing Limited 2018
Subjects:	HF5601 Accounting. Bookkeeping
Online Access:	http://irep.iium.edu.my/67691/ http://irep.iium.edu.my/67691/ http://irep.iium.edu.my/67691/ http://irep.iium.edu.my/67691/1/AJAR-07-2018-0020.pdf

id	iium-67691
recordtype	eprints
spelling	iium-676912018-11-27T08:39:46Z http://irep.iium.edu.my/67691/ Malaysian evidence supporting theoretical integration of roles of non-executive directors Annuar, Hairul Azlan HF5601 Accounting. Bookkeeping Purpose – The purpose of this paper is to investigate the role of independent non-executive directors (INEDs) in Malaysian public listed companies (PLCs), other than the control role prescribed by agency theory and reformatory documents such as the Malaysian Code of Corporate Governance. Design/methodology/approach – A qualitative research design, consisting of face-to-face interviews with 27 company directors of Malaysian-owned PLCs, was instigated. Findings – The interviews revealed that INEDs do more than just monitor their executive counterparts. Apart from the control role, INEDs of Malaysian companies provide a conduit for mitigating uncertainties in the environment and perform invaluable services to the host companies. Research limitations/implications – This research utilized interviews. Generalizations may be an issue when interviews are used as the method of inquiry. Also, the sample is not random as access to many of the interviewed directors depended on recommendations. In addition, respondents were consciously selected in order to obtain various board positions that include independent and non-independent directors. Originality/value – There are limited studies using qualitative research design in investigating INEDs’ performing other roles apart from the control role of the board in developing countries. Many of previous studies and literature in this area of corporate governance were predominantly based upon experiences of Western economies Emerald Publishing Limited 2018-10 Article PeerReviewed application/pdf en http://irep.iium.edu.my/67691/1/AJAR-07-2018-0020.pdf Annuar, Hairul Azlan (2018) Malaysian evidence supporting theoretical integration of roles of non-executive directors. Asian Journal of Accounting Research, 3 (1). pp. 2-14. ISSN 2443-4175 https://www.emeraldinsight.com/doi/pdfplus/10.1108/AJAR-07-2018-0020 10.1108/AJAR-07-2018-0020
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF5601 Accounting. Bookkeeping
spellingShingle	HF5601 Accounting. Bookkeeping Annuar, Hairul Azlan Malaysian evidence supporting theoretical integration of roles of non-executive directors
description	Purpose – The purpose of this paper is to investigate the role of independent non-executive directors (INEDs) in Malaysian public listed companies (PLCs), other than the control role prescribed by agency theory and reformatory documents such as the Malaysian Code of Corporate Governance. Design/methodology/approach – A qualitative research design, consisting of face-to-face interviews with 27 company directors of Malaysian-owned PLCs, was instigated. Findings – The interviews revealed that INEDs do more than just monitor their executive counterparts. Apart from the control role, INEDs of Malaysian companies provide a conduit for mitigating uncertainties in the environment and perform invaluable services to the host companies. Research limitations/implications – This research utilized interviews. Generalizations may be an issue when interviews are used as the method of inquiry. Also, the sample is not random as access to many of the interviewed directors depended on recommendations. In addition, respondents were consciously selected in order to obtain various board positions that include independent and non-independent directors. Originality/value – There are limited studies using qualitative research design in investigating INEDs’ performing other roles apart from the control role of the board in developing countries. Many of previous studies and literature in this area of corporate governance were predominantly based upon experiences of Western economies
format	Article
author	Annuar, Hairul Azlan
author_facet	Annuar, Hairul Azlan
author_sort	Annuar, Hairul Azlan
title	Malaysian evidence supporting theoretical integration of roles of non-executive directors
title_short	Malaysian evidence supporting theoretical integration of roles of non-executive directors
title_full	Malaysian evidence supporting theoretical integration of roles of non-executive directors
title_fullStr	Malaysian evidence supporting theoretical integration of roles of non-executive directors
title_full_unstemmed	Malaysian evidence supporting theoretical integration of roles of non-executive directors
title_sort	malaysian evidence supporting theoretical integration of roles of non-executive directors
publisher	Emerald Publishing Limited
publishDate	2018
url	http://irep.iium.edu.my/67691/ http://irep.iium.edu.my/67691/ http://irep.iium.edu.my/67691/ http://irep.iium.edu.my/67691/1/AJAR-07-2018-0020.pdf
first_indexed	2023-09-18T21:36:05Z
last_indexed	2023-09-18T21:36:05Z
_version_	1777412829422288896

Malaysian evidence supporting theoretical integration of roles of non-executive directors

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