Board composition, corporate restructuring and corporate policy

Research output: Contribution to journalArticle

Abstract

This study examines the impact of governance structure via corporate restructuring decision on selected firm characteristics and performance. Results of selected ratios that represent corporate decision, governance structure and performance in pre and post restructuring are analyzed for some conclusions. This study uses yearly data of companies that are consistently listed on the Main Board of Bursa Malaysia and announced completed corporate restructuring. The results show that only debt ratio is significantly different before and after asset restructuring. This study concludes that firms do not view corporate restructuring namely asset restructuring as an opportunity to simultaneously enhance governance structure that could also contribute to enhance firm performance and board of directors’ composition subsequent to asset restructuring only has significant influence on changing capital structure but not on firm performance.

Original languageEnglish
Pages (from-to)566-568
Number of pages3
JournalAdvanced Science Letters
Volume23
Issue number1
DOIs
Publication statusPublished - 1 Jan 2017

Fingerprint

Malaysia
Governance
restructuring
Economics
Chemical analysis
Industry
firm
assets
governance
debt
performance
board of directors
Policy
policy
indebtedness
decision

Keywords

  • Corporate restructuring
  • Governance

ASJC Scopus subject areas

  • Health(social science)
  • Computer Science(all)
  • Education
  • Mathematics(all)
  • Environmental Science(all)
  • Engineering(all)
  • Energy(all)

Cite this

Board composition, corporate restructuring and corporate policy. / Alias, Norazlan; Yaacob, Mohd Hasimi; Jaffar, Nahariah.

In: Advanced Science Letters, Vol. 23, No. 1, 01.01.2017, p. 566-568.

Research output: Contribution to journalArticle

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