What it Takes for Women to Reach the Corporate Boardrooms in Malaysia

Abstract

This study seeks to understand how and why women were selected as board members, and reasons for women to accept board appointments. We conduct a questionnaire survey on women who sit on the boards of companies in Malaysia. We provide evidence that education, expertise and leadership qualities are necessary for women to reach the boardrooms. Their willingness to contribute to and share their expertise with a company are the main factors for women to accept the appointment as a director. The women feel that gender is not important in becoming a director compared to one’s capability. A majority of them were recommended by the CEO or other board members to become directors. The outcome of this study complements and strengthens the efforts made by the Malaysian government to achieve the 30 percent target. It is also very beneficial to women who aspire to become corporate directors.

A Preliminary Study Of Academicians’ Perception Towards Women PN Boards In Malaysian Public Listed Companies

“…Most of the respondents also agree (mean score = 4.40) that there should not be any restriction factors for women to be on boards such as gender, race, religion, ethics, physical, and others. On top of that, there should be more women on boards with relevant qualifications and business experience (mean score = 4.60) also consistent with the previous study conducted by Ismail, Abd. Rahman, Mustapa, and Abdullah (2017) stated that education, expertise, and leadership qualities are necessary for women to reach the boardrooms.…”