Does Debts have any Impact on Governance Bundle and Agency Costs? Over-Governance Hypothesis

Khatib, Saleh F. A.; Abdullah, Dewi Fariha; Kabara, Ali Shariff; Hazaea, Saddam A.; Rajoo, Tamil Selvi

doi:10.47577/tssj.v9i1.1003

Cited by 4 publications

(4 citation statements)

References 32 publications

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“…In line with this argument, Ward, Brown, and Rodriguez (2009) also argue that this association might be indirect. For example, studies evaluated the policy setting role of the board of director by Detthamrong, Chancharat, and Vithessonthi (2017), Khatib, Abdullah, Kabara, Hazaea, and Rajoo (2020), and Khan, Hussain, et al (2019).…”

Section: Discussion and Future Research Avenuesmentioning

confidence: 99%

Nudging toward diversity in the boardroom: A systematic literature review of board diversity of financial institutions

et al. 2020

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Going beyond the mere gender diversity in the boardroom, this systematic review comprehensively covers the research on board diversity of financial institutions. More specifically, we cover gender diversity, as well as other characteristics of diversity, such as nationality, age, tenure, experience, education, ethnicity, and religion. A systematic literature review was employed using Scopus and Web of Science databases, covering all publications until May 2020, which resulted in 91 studies from 66 top‐ranked journals in accounting, finance, and economic fields. We analyze them based on the journal, methodology, research construct questions, and theoretical perspectives. Our results highlight the substantial knowledge gaps and the inconsistent findings of prior studies on several aspects of the field, suggesting avenues for further studies in terms of research designs, settings, scope, and theories. We argue that there is a need to explore other board diversity attributes rather than focusing on the gender diversity of the boards of financial institutions to achieve sustainable development. Also, more work is outlined on topics related to board diversity of financial firms that receive limited attention from scholars, such as (but not limited to) environmental performance, capital structure, intellectual capital, innovation and earnings quality of financial institutions, as well as the indirect effect of policy settings.

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Section: Discussion and Future Research Avenuesmentioning

confidence: 99%

Nudging toward diversity in the boardroom: A systematic literature review of board diversity of financial institutions

et al. 2020

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“…We also suggest that further work should investigate the non-linear impact of corporate governance, as this factor was evidenced by only a few studies (Kusnadi, 2011;Low et al, 2015;Mak and Kusnadi, 2005;Wahab et al, 2017). For instance, Khatib et al (2020b) argue that corporate governance might have an indirect association with firm performance and management might use debt to manipulate the governance quality within a firm (over-governance hypothesis). This nonlinearity has been reported in the literature.…”

Section: Corporate Governance Characteristicsmentioning

confidence: 99%

The development of corporate governance literature in Malaysia: a systematic literature review and research agenda

Khatib

Elamer

Abdullah

et al. 2022

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Purpose This study aims to provide a comprehensive review of the existing literature on corporate governance (CG) aspects of the Malaysian market. It offers insights into the phases of Malaysian CG, identifies crucial gaps in the literature and outlines an agenda for impending research. Design/methodology/approach Following a systematic literature review approach, a final sample of 125 studies from Scopus and Web of Science databases was used in this study. These studies were selected based on quality assessment criteria. Then, the sample literature was evaluated in terms of journals, methodology, theories, modelling, research outcomes and CG characteristics. Findings The results show that there is a growing interest among researchers to further explore CG aspects in Malaysia due to the continuous development of the Malaysian CG codes. Likewise, the review reveals that the majority of prior studies are quantitative and were carried out using archived data from non-financial firms. Also, the existing literature has primarily focused on the outcomes of CG, especially firm performance. Research limitations/implications Overall, the results show that there is ample room for future research. The present paper identifies a number of methodological problems and concerns, and discusses the implications of these problems, while also providing recommendations for future research. The main caveat is that the authors use scholarly papers published in academic journals only, but this approach offers them with opportunities for considerable further developments. Originality/value To the best of the authors’ knowledge, this study contributes to the literature by being the first of its kind to concentrate on the Malaysian context. It provides a comprehensive knowledge assessment of the Malaysian CG research and offers advice regarding improvements in research, policy and practice by identifying possible knowledge gaps. Consequently, this study provides a cohesive story of the past and a road map for future research on Malaysian CG.

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“…Brazilian studies, applied to reducing transaction costs and maintaining the financial care of organizations, have in Dalmácio and Nossa (2004) the point of conflict between the investors and the manager which have ditrimantal impact on the organizational outcomes, this was further supported by (Li et al, 2020;Khatib, Abdullah, Kabara, et al, 2020;Vijayakumaran, 2019) and in Oliva and Albuquerque (2007) the concern about remuneration and its forms. These are standards, finance and regulation.…”

Section: Corporate Governancementioning

confidence: 98%

Code of ethics and conduct in the light of corporate governance: the stakeholders' perspective

et al. 2021

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Purpose: To evaluate the theme "Code of Ethics and Conduct" in private or public organizations, considering the relationship between ethical issues and good practices in Corporate Governance, measures that subsidize the planning and strengthening of ethical cultures in the interpersonal context.Design / methodology / approach: The descriptive survey relied on the application of questionnaires and obtained 184 responses from organizations of various types. The study was carried out using codes of conduct made available by companies on their websites, characterized as primary sources. The data collected were worked in the SPSS, tabulated and presented as results in the form of tables or graphs, with appropriate analyses.Findings: The results show the adoption of good practices of integrity, especially on the Code of Ethics and Conduct. The adoption of an ethical code can be considered a way to formalize, encourage and guide responsible behavior among employees and organizations. Seen from the outside, it contributes to creating and maintaining a good corporate reputation and stakeholder trust. In this sense, the reasons behind the creation of a code have been stated in the Shareholders' Theory, the Legitimacy Theory and the Stakeholder Theory.Originality / value: The Code of Ethics and Conduct arises as an instrument to guide ethical behavior in organizations. Therefore, it is the declaration of the set of rights, duties, business conduct towards stakeholders, reflecting the culture and set of norms that enrich the company's decision-making processes and guide its behavior.

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Does Debts have any Impact on Governance Bundle and Agency Costs? Over-Governance Hypothesis

Cited by 4 publications

References 32 publications

Nudging toward diversity in the boardroom: A systematic literature review of board diversity of financial institutions

Nudging toward diversity in the boardroom: A systematic literature review of board diversity of financial institutions

The development of corporate governance literature in Malaysia: a systematic literature review and research agenda

Code of ethics and conduct in the light of corporate governance: the stakeholders' perspective

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