Culture, corporate governance and analysts forecast in Malaysia
dc.contributor.author | Abdul Wahab, Effiezal Aswadi | |
dc.contributor.author | Pitchay, A. | |
dc.contributor.author | Ali, R. | |
dc.date.accessioned | 2017-01-30T12:41:39Z | |
dc.date.available | 2017-01-30T12:41:39Z | |
dc.date.created | 2015-08-24T20:00:42Z | |
dc.date.issued | 2015 | |
dc.identifier.citation | Abdul Wahab, E.A. and Pitchay, A. and Ali, R. 2015. Culture, corporate governance and analysts forecast in Malaysia. Asian Review of Accounting. 23: pp. 232-255. | |
dc.identifier.uri | http://hdl.handle.net/20.500.11937/24218 | |
dc.identifier.doi | 10.1108/ARA-03-2014-0033 | |
dc.description.abstract |
Purpose – The purpose of this paper is to examine the relationship between Bumiputra (in reference to Malay indigenous race) directors, a proxy for culture and analysts forecast. In addition, the study investigates whether corporate governance affects that relationship. Design/methodology/approach – The sample of this study is based on 664 firm-year observations from 193 firms during the 1999-2009 periods. The authors employ a panel least square regression with both period and industry fixed effects. The authors retrieved of analyst data from the Institutional. Broker Estimate System (I/B/E/S) database while the authors hand collected the corporate governance variables. The remaining data were collected from Compustat Global. Findings – The authors find a positive relationship between the proxy of culture, Bumiputra directors and analysts forecast error suggesting that cultural values influences the level of information in the Malaysian capital market. | |
dc.publisher | Emerald Group Publishing Limited | |
dc.title | Culture, corporate governance and analysts forecast in Malaysia | |
dc.type | Journal Article | |
dcterms.source.volume | 23 | |
dcterms.source.startPage | 232 | |
dcterms.source.endPage | 255 | |
dcterms.source.issn | 1321-7348 | |
dcterms.source.title | Asian Review of Accounting | |
curtin.note |
This article is © Emerald Group Publishing and permission has been granted for this version to appear here - | |
curtin.department | School of Accounting | |
curtin.accessStatus | Open access |