Do Muslim directors influence firm performance? empirical evidence from Malaysia

This study examines the impact of several corporate governance mechanisms on the performance of firms in Malaysia. Giving particular attention on board diversity, this study looks into the impact of Muslim directors in the board of directors (BoD) on firm performance. It is found that the presence o...

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Main Author:	Haron, Razali
Format:	Article
Language:	English English
Published:	IIUM Press, International Islamic University Malaysia 2018
Subjects:	HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/68215/ http://irep.iium.edu.my/68215/ http://irep.iium.edu.my/68215/1/68215_Do%20Muslim%20directors%20influence%20firm%20performance.pdf http://irep.iium.edu.my/68215/2/68215_Do%20Muslim%20directors%20influence%20firm%20performance_WOS.pdf

id	iium-68215
recordtype	eprints
spelling	iium-682152019-02-12T00:55:59Z http://irep.iium.edu.my/68215/ Do Muslim directors influence firm performance? empirical evidence from Malaysia Haron, Razali HG3368 Islamic Banking and Finance This study examines the impact of several corporate governance mechanisms on the performance of firms in Malaysia. Giving particular attention on board diversity, this study looks into the impact of Muslim directors in the board of directors (BoD) on firm performance. It is found that the presence of Muslim directors in the BoD does have a significant impact on the performance of the firms and can bring the firm to its utmost performance. Board independence seems to coexist with CEO duality in pursuing maximum firm value and directors’ remuneration does not seem to be the driver and motivator to achieve good firm performance. Board size is also taken into consideration when devising corporate governance structure where the larger the size of the board the better performance it is for the firms. Policy makers and other responsible players should take into account the mechanisms discussed in this study when structuring corporate governance. This study fills the gap and contributes significantly to the literature by proving extensive findings with regards to the impact of corporate governance on firms’ performance especially the presence of Muslim directors in BoD in Malaysia. IIUM Press, International Islamic University Malaysia 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/68215/1/68215_Do%20Muslim%20directors%20influence%20firm%20performance.pdf application/pdf en http://irep.iium.edu.my/68215/2/68215_Do%20Muslim%20directors%20influence%20firm%20performance_WOS.pdf Haron, Razali (2018) Do Muslim directors influence firm performance? empirical evidence from Malaysia. Al-Shajarah: Journal of The International Institute of Islamic Thought and Civilization (ISTAC), Special Issue Islamic Banking & Finance 2018. pp. 283-305. ISSN 1394-6870 http://journals.iium.edu.my/shajarah/index.php/shaj/issue/view/53
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG3368 Islamic Banking and Finance
spellingShingle	HG3368 Islamic Banking and Finance Haron, Razali Do Muslim directors influence firm performance? empirical evidence from Malaysia
description	This study examines the impact of several corporate governance mechanisms on the performance of firms in Malaysia. Giving particular attention on board diversity, this study looks into the impact of Muslim directors in the board of directors (BoD) on firm performance. It is found that the presence of Muslim directors in the BoD does have a significant impact on the performance of the firms and can bring the firm to its utmost performance. Board independence seems to coexist with CEO duality in pursuing maximum firm value and directors’ remuneration does not seem to be the driver and motivator to achieve good firm performance. Board size is also taken into consideration when devising corporate governance structure where the larger the size of the board the better performance it is for the firms. Policy makers and other responsible players should take into account the mechanisms discussed in this study when structuring corporate governance. This study fills the gap and contributes significantly to the literature by proving extensive findings with regards to the impact of corporate governance on firms’ performance especially the presence of Muslim directors in BoD in Malaysia.
format	Article
author	Haron, Razali
author_facet	Haron, Razali
author_sort	Haron, Razali
title	Do Muslim directors influence firm performance? empirical evidence from Malaysia
title_short	Do Muslim directors influence firm performance? empirical evidence from Malaysia
title_full	Do Muslim directors influence firm performance? empirical evidence from Malaysia
title_fullStr	Do Muslim directors influence firm performance? empirical evidence from Malaysia
title_full_unstemmed	Do Muslim directors influence firm performance? empirical evidence from Malaysia
title_sort	do muslim directors influence firm performance? empirical evidence from malaysia
publisher	IIUM Press, International Islamic University Malaysia
publishDate	2018
url	http://irep.iium.edu.my/68215/ http://irep.iium.edu.my/68215/ http://irep.iium.edu.my/68215/1/68215_Do%20Muslim%20directors%20influence%20firm%20performance.pdf http://irep.iium.edu.my/68215/2/68215_Do%20Muslim%20directors%20influence%20firm%20performance_WOS.pdf
first_indexed	2023-09-18T21:36:49Z
last_indexed	2023-09-18T21:36:49Z
_version_	1777412876494962688

Do Muslim directors influence firm performance? empirical evidence from Malaysia

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