Independent Directors, Moving Forward in Exercising Dominant Role: A Case of Malaysian Firms

Autor:	Shaharudin Jakpar, Salawati Sahari, Michael Tinggi, Abu Hassan Bin Md. Isa, Sharifah Sabrina Ali
Rok vydání:	2014
Předmět:	Board structure Content analysis business.industry Accounting Business dominant role independent directors profit orientation Marketing External auditor Profit (economics)
Zdroj:	International Journal of Business Administration. 5
ISSN:	1923-4015 1923-4007
DOI:	10.5430/ijba.v5n5p46
Popis:	Engaging independent directors at the board room is nothing new. The unexpected downfall of Enron and World Com in the 2000 has raised many eyebrows. Tasking internal and external auditors alone seems no longer sufficient to monitor firms¡¯ daily operating processes, procedural and reporting compliance and if not address may deteriorate firms performance. The independent directors¡¯ presence at the board level is increasingly and markedly felt. Many firms continue to move forward in order to make the audience of independent directors more meaningful. The findings from the board structure exploratory content analysis among an estimated panel of 381 Malaysian firms from 2001 to 2009, seems to suggest that increasing majority of independent directors at board room enable them to exercise a more dominant role towards profit orientation.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e76913ee093c5a324494cf607513f5de https://doi.org/10.5430/ijba.v5n5p46 Zobrazit plný text záznamu