Board independence, board diligence and liquidity in Malaysia: A research note
Yee-Boon Foo and
Mazlina Mat Zain
Journal of Contemporary Accounting and Economics, 2010, vol. 6, issue 2, 92-100
This study examines the relationship between board independence, board diligence and liquidity in Malaysia, an emerging market. Liquidity is proxied by three measures; relative volume, relative quoted depth and proportion of zero-returns. The results using a sample of 481 public-listed firms in Malaysia show that more independent and diligent boards are associated with higher liquidity.
Keywords: Information asymmetry; Liquidity; Board independence; Board diligence; Malaysia (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:jocaae:v:6:y:2010:i:2:p:92-100
Access Statistics for this article
Journal of Contemporary Accounting and Economics is currently edited by Agnes C.S. Cheng, P. Clarkson, F.A. Gul, Zoltan Matolcsy, Dan Simunic and Ben Srinidhi
More articles in Journal of Contemporary Accounting and Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().