Firm performance, CEO tenure and corporate governance reporting in Malaysia
by Norman Mohd-Saleh; Zuraidah Mohd-Sanusi; Rashidah Abd-Rahman; Rina Bukit
International Journal of Management Practice (IJMP), Vol. 5, No. 2, 2012

Abstract: The current study examines the relationship between chief executive officer (CEO) tenure, firm performance and corporate governance reporting (CGR) for the period 2002-2005. The sample comprises 76 large public firms listed in Bursa Malaysia (304 firm-year observations). Results demonstrate that performance is negatively related to CGR. Subsequent analysis suggests that firms with shorter-tenured CEOs disclose more information about corporate governance practices than those with longer-tenured CEOs. Evidence suggests that new managers disclose more information to convince shareholders monitoring through corporate governance mechanisms are in place to justify their positions in the firms when firm performance is weak.

Online publication date: Thu, 28-Jun-2012

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Management Practice (IJMP):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com