Article ID Journal Published Year Pages File Type
5092950 Journal of Contemporary Accounting & Economics 2010 9 Pages PDF
Abstract
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.
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Related Topics
Social Sciences and Humanities Business, Management and Accounting Business, Management and Accounting (General)
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Board independence, board diligence and liquidity in Malaysia: A research note
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