Better corporate governance and risk in dual banking environment : evidence from Malaysia.
Sheila Nu Nu Htay · Muhammad Akhyar Adnan · Hafiz Majdi Ab. Rashid · Ahamed Kameel Mydin Meera
Abstract
The objective of this paper is to examine the impact of corporate governance on the risk of banks. A sample of twelve listed bank holding companies is examined over a ten year period (1996-2005). All the sample banks are offering Islamic banking products, in addition to conventional products. Based on the panel data analysis, separate board leadership structure, higher proportion of independent directors, smaller board size, lower director ownership, higher institutional ownership and higher block ownership seem to have lower risk. The study applies the agency theory. All findings except director ownership are in line with theoretical expectation. It might be due to three main reasons as discussed in the paper
Book chapter. Islamic Banking & Finance: Issues & Solutions, pp. 138-159, 2011
Keywords: Corporate, governance, risk, bank, Malaysia
This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
Htay, S.N.N., Muhammad Akhyar Adnan, Hafiz Majdi Ab. Rashid, and Ahamed Kameel Mydin Meera. 2011. "Better corporate governance and risk in dual banking environment : evidence from Malaysia.." Islamic Banking & Finance: Issues & Solutions: 138–159.
BibTeX
@article{meera2011better,
author = {Sheila Nu Nu Htay and Muhammad Akhyar Adnan and Hafiz Majdi Ab. Rashid and Ahamed Kameel Mydin Meera},
title = {Better corporate governance and risk in dual banking environment : evidence from Malaysia.},
journal = {Islamic Banking & Finance: Issues & Solutions},
year = {2011},
pages = {138--159},
url = {https://ahamedkameel.com/papers/better-corporate-governance-and-risk-in-dual-banking-environment-evidence-from-malaysia/},
}