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Corporate Governance, Accounting and Finance: A Review
We review accounting and finance research on corporate governance (CG). In the course of our review, we focus on a particularly vexing issue, namely endogeneity in the relationships between CG andExpand
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The Impact of the Malaysian Code on Corporate Governance: Compliance, Institutional Investors and Stock Performance
In 2001, the Malaysian Code on Corporate Governance (MCCG) became an integral part of the Bursa Malaysia Listing Rules, which requires all listed firms to disclose the extent of compliance with theExpand
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Islamic financing and bank risks: The case of Malaysia
We examine whether Islamic financing can explain three important bank risks in a country with a dual banking system: credit risk, interest-rate risk, and liquidity risk. Using Malaysian data, we findExpand
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Share allocations and performance of KLSE second board IPOs
We analyze share allocations in the Malaysian IPO market, which provide a unique instrument of economic policy for wealth redistribution amongst different ethnic groups. For a sample of Second BoardExpand
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Fat tails and asymmetry in financial volatility models
TLDR
This paper examines the GARCH model under various non-normal error distributions in order to evaluate skewness and leptokurtosis. Expand
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Outsider Board Activity, Ownership Structure and Firm Value: Evidence from Korea
Using a sample of publicly listed firm in Korea from 2002 to 2006, this article examines the impact of board monitoring on firm value and productivity. We use outsider's attendance of board meetingsExpand
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Information asymmetry surrounding earnings and dividend announcements: An intra-day analysis
TLDR
This paper uses high frequency data to evaluate whether information asymmetry in the market is reduced subsequent to corporate earnings and dividend announcements. Expand
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Corporate ownership, corporate governance reform and timeliness of earnings: Malaysian evidence
This paper provides the first evidence showing that ownership concentration and the identity of the largest shareholder matter to the timeliness of corporate earnings, measured by a stock price-basedExpand
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Institutional investors, political connections and analyst following in Malaysia
We examine the association between institutional ownership, political connections, and analyst following in Malaysia from 1999 to 2009. Based on 940 firm-year observations, we document a positiveExpand
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