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DETERMINANTS OF BOARD SIZE AND COMPOSITION: A COMPARATIVE STUDY OF NIGERIAN AND MALAYSIAN QUOTED COMPANIES

O. J. Ilaboya   ORCID icon orcid.org/0000-0002-8161-8245 ; Department of Accounting, Faculty of Management Sciences, University of Benin, Edo State Nigeria
G. Ohiokha ; Federal Polytechnic Department of Accountancy, Edo State Nigeria
M. O. Izevbekhai ; Federal Polytechnic Department of Accountancy, Edo State Nigeria

Puni tekst: engleski, pdf (398 KB) str. 423-444 preuzimanja: 1.080* citiraj
APA 6th Edition
Ilaboya, O.J., Ohiokha, G. i Izevbekhai, M.O. (2016). DETERMINANTS OF BOARD SIZE AND COMPOSITION: A COMPARATIVE STUDY OF NIGERIAN AND MALAYSIAN QUOTED COMPANIES. Ekonomska misao i praksa, (2), 423-444. Preuzeto s https://hrcak.srce.hr/171471
MLA 8th Edition
Ilaboya, O. J., et al. "DETERMINANTS OF BOARD SIZE AND COMPOSITION: A COMPARATIVE STUDY OF NIGERIAN AND MALAYSIAN QUOTED COMPANIES." Ekonomska misao i praksa, vol. , br. 2, 2016, str. 423-444. https://hrcak.srce.hr/171471. Citirano 18.06.2021.
Chicago 17th Edition
Ilaboya, O. J., G. Ohiokha i M. O. Izevbekhai. "DETERMINANTS OF BOARD SIZE AND COMPOSITION: A COMPARATIVE STUDY OF NIGERIAN AND MALAYSIAN QUOTED COMPANIES." Ekonomska misao i praksa , br. 2 (2016): 423-444. https://hrcak.srce.hr/171471
Harvard
Ilaboya, O.J., Ohiokha, G., i Izevbekhai, M.O. (2016). 'DETERMINANTS OF BOARD SIZE AND COMPOSITION: A COMPARATIVE STUDY OF NIGERIAN AND MALAYSIAN QUOTED COMPANIES', Ekonomska misao i praksa, (2), str. 423-444. Preuzeto s: https://hrcak.srce.hr/171471 (Datum pristupa: 18.06.2021.)
Vancouver
Ilaboya OJ, Ohiokha G, Izevbekhai MO. DETERMINANTS OF BOARD SIZE AND COMPOSITION: A COMPARATIVE STUDY OF NIGERIAN AND MALAYSIAN QUOTED COMPANIES. Ekonomska misao i praksa [Internet]. 2016 [pristupljeno 18.06.2021.];(2):423-444. Dostupno na: https://hrcak.srce.hr/171471
IEEE
O.J. Ilaboya, G. Ohiokha i M.O. Izevbekhai, "DETERMINANTS OF BOARD SIZE AND COMPOSITION: A COMPARATIVE STUDY OF NIGERIAN AND MALAYSIAN QUOTED COMPANIES", Ekonomska misao i praksa, vol., br. 2, str. 423-444, 2016. [Online]. Dostupno na: https://hrcak.srce.hr/171471. [Citirano: 18.06.2021.]

Sažetak
The broad objective of the study is to examine the determinants of board size and composition in Nigerian and Malaysian quoted banks.The population of the study is the universe of banks quoted on the Nigerian and Malaysian Stock Exchanges as at 31st December 2014. A sample of fourteen (14) banks for Nigeria and a sample of eighteen (18) banks for Malaysia were purposively selected for the study. The study employed panel regression technique based on the quality of unbiasedness, increased data point, and control for individual heterogeneity. To test the accuracy of the model, we employed the classical regression assumption tests of normality, heteroskedasticity, serial correlation and multicollinearity. The study revealed a significant relationship between firm size and board size and composition.The impact of firm size on board size was positive in the case of Nigeria but negative in the Malaysian case. The impact on board composition is positive in the case of Malaysia but negative in the Nigerian case. The relationship between free cash flow and board size was negative but significant only in the Malaysian case. The impact of free cash flow on board composition was positive and significant only in the Nigerian case. The mixed result between firm size and board size and composition calls for moderately sized firms. The increased free cash flow increases the potentials for private benefit and calls for increased ratio of external to internal board members for more effective monitoring.

Ključne riječi
Board composition; board size; free cash flows; firm age; firm size

Hrčak ID: 171471

URI
https://hrcak.srce.hr/171471

Posjeta: 1.249 *