Relationship of corporate governance on directors' remuneration of listed small and medium-scale companies in Malaysia

Mohamed Sultan, Siti Azura and Zainol, Zaini and Annuar, Hairul Azlan (2024) Relationship of corporate governance on directors' remuneration of listed small and medium-scale companies in Malaysia. International Journal of Academic Research in Accounting, Finance and Management Sciences, 14 (4). pp. 922-939. E-ISSN 2225-8329

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Abstract

Small and medium businesses play a significant role in the domestic economy. These businesses provide employment opportunities at lower and higher management levels with different employee remuneration schemes including directors. This research investigates the correlation between corporate governance characteristics and directors' remuneration within a sample of 50 small and medium-sized companies (SMCs) listed on Bursa Malaysia spanning the period 2015 to 2018. The GMM estimator results reveal a positive association between board size, board shareholding, family relationships, independent non-executive directors, and directors' remuneration. Conversely, a negative relationship is observed between the number of board meetings and directors' remuneration. The study suggests that regulators take these findings into account to mitigate agency problems within small and medium-sized listed companies in the country

Item Type:	Article (Journal)
Uncontrolled Keywords:	Corporate Governance, Directors' Remuneration, Small and Medium Companies, Gmm, Malaysia
Subjects:	H Social Sciences > HF Commerce > HF5001 Business. Business Administration > HF5601 Accounting. Bookkeeping
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Accounting Kulliyyah of Economics and Management Sciences
Depositing User:	Dr. Zaini Zainol
Date Deposited:	19 Dec 2024 09:53
Last Modified:	19 Dec 2024 09:53
URI:	http://irep.iium.edu.my/id/eprint/116791

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