THE EFFECT OF BOARD MATRIX SKILL ON FIRM VALUE OF MNC INCORPORATED IN MALAYSIA
Keywords:
MNC, Firm Value, Board Matrix Skill, Bursa Malaysia, MalaysiaAbstract
This paper aims to examine the effect between Board Matrix Skill on firm value of MNC that incorporated in Malaysia. BMS is known as a tool to improve governance and assist the Nominating Committee in selecting the best suit successor for the board member. In addition, this matrix skill had implemented by the MCCG where it is use to assess the current board’s composition, knowledge, skill and experience. The data generated from the annual report of 189 companies with total pooled observation of 566 companies over 3 years, from year 2018 to 2020. The empirical result shows that Board Matrix Skill has a positive significant effect on the firm value of MNC Incorporated in Malaysia. Hence, this study will be benefited in looking more on newly implemented board matrix skill in Malaysian environment and other agencies that look upon firm value.