DOES WOMEN DIRECTORSHIP IN MALAYSIAN GOVERNMENT-LINKED COMPANIES MATTERS?

Abstract

Gender diversity issue is also constantly being a debated issue in corporate governance. This research aims to investigate the effects of women directorship towards the impact of board structure in Malaysian GLCs. Our sample consists of a total of 18 public listed Malaysian Government-Linked Companies from 2003 to 2012. The study examine the impact of women directors as interacting variables to board meeting, board size and independent board on the GLCs performance. The results reveal positive relationship exists between board size and board independence towards GLCs performance while negative relationship exists between board meetings towards firm performance. The panel regression analysis of subsamples found that the women director is significantly affecting the impact of board meeting, board size and independence board towards GLCs performance.