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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| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Published: |
2013
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| Subjects: | |
| 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. |
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