Women on corporate boards: Malaysian perspectives

Worldwide, it has been noted that very few women are appointed to the boards of directors of companies. Blame for the low numbers of women of company boards can be partly attributed to the widely publicized "glass ceiling". However, the very low representation of women on company boards re...

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Bibliographic Details
Main Authors: Wan Yusoff, Wan Fauziah, Ramin, Ahmad Kaseri
Format: Conference or Workshop Item
Published: 2013
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Online Access:http://eprints.uthm.edu.my/5181/
http://eprints.uthm.edu.my/5181/1/Women_On_Corporate_Boards.pdf
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Summary:Worldwide, it has been noted that very few women are appointed to the boards of directors of companies. Blame for the low numbers of women of company boards can be partly attributed to the widely publicized "glass ceiling". However, the very low representation of women on company boards requires further examination. Therefore, the objective of this study is to identify the demographic profile of the women on corporate board and investigate the relationship between the compositions of women on the corporate board and firm performance. Quantitative data was collected from the annual reports of the public listed companies on the main board of Kuala Lumpur Stock Exchange (KLSE) for year 2012. The data collected were analysed for the descriptive and correlation analysis. The findings shows that despite the important roles of women directors describe in the literature, in Malaysia their percentage not yet influence financial performance of Malaysian public listed companies. Nevertheless, the finding may not reflect the true picture since the percentage of women directors in Malaysia is very low. Thus, their contributions may not significant as compared to male directors. It is suggested that the ideas on promoting gender equality and continuous policy for promoting women on corporate board need to be implemented especially looking at high percentage of women in the labour market.