Market Reactions towards the Appointment of Women to the Boards of Malaysian Firms

Ku Nor Izah Ku Ismail & Kamarul Bahrain Abdul Manaf
This study examines market reactions towards the appointment of women to corporate boards and observes if women’s attributes as well as the role that they play in discharging their monitoring responsibilities would affect the value of firms. We observe 127 Malaysian firms that appoint women directors over the period 1999-2011. We use the market model to assess abnormal returns surrounding the appointment of women directors from day -10 to day 10. Using conventional t-test, share...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.