Corporate Governance Mechanisms and Intellectual Capital Efficiency: Evidence from Malaysia

Hasmanezan Hassan and Najihah Marha Yaacob

International Journal of Economics and Finance, 2019, vol. 11, issue 1, 83-95

Abstract: The objective of this study is to investigate the relationship between Corporate Governance (CG) mechanisms and Intellectual Capital (IC) efficiency following the revision of the Malaysian Code of Corporate Governance (MCCG) in 2012. A final sample of 150 large companies was chosen from the companies listed on the main board of Bursa Malaysia for 2014. The Value Added Intellectual Coefficient (VAIC™) model was utilized to measure the IC efficiency and tested using multiple regression analysis. The multiple regression analysis revealed that board size and frequency of audit committee meetings have a significant and positive association with IC efficiency, but no evidence existed for an association between board composition and role duality on IC efficiency.The result of this study could be useful for regulators and policy makers, particularly to the Securities Commission Malaysia, to further revise and strengthen its MCCG. This study adds to the shortage of literature by providing evidence on the effects of CG attributes on IC efficiency subsequent to the revised Malaysian Code on Corporate Governance (MCCG) 2012.

Keywords: software and information technology service; performance evaluation; innovation ability; software copyright; TOPSIS; grey correlation degree (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ccsenet.org/journal/index.php/ijef/article/download/0/0/37885/38320 (application/pdf)
http://www.ccsenet.org/journal/index.php/ijef/article/view/0/37885 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibn:ijefaa:v:11:y:2019:i:1:p:83-95

Access Statistics for this article

More articles in International Journal of Economics and Finance from Canadian Center of Science and Education Contact information at EDIRC.
Bibliographic data for series maintained by Canadian Center of Science and Education ().