Board Composition, Corporate Restructuring and Corporate Policy


Alias, Norazlan and Yaacob, Mohd Hasimi and Jaffar, Nahariah (2017) Board Composition, Corporate Restructuring and Corporate Policy. Advanced Science Letters, 23 (1). pp. 566-568. ISSN 1936-6612

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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.

Item Type: Article
Uncontrolled Keywords: Corporate governance, Corporate Restructuring, Governance
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD2350.8-2356 Large industry. Factory system. Big business > HD2709-2930.7 Corporations. Including international business enterprises, diversification, industrial concentration, public utilities > HD2741 Holding companies. Corporate governance
Divisions: Faculty of Management (FOM)
Depositing User: Ms Rosnani Abd Wahab
Date Deposited: 10 Nov 2020 22:48
Last Modified: 10 Nov 2020 22:48


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