Research Centre


On September 3 2019, the first Brown Bag Lunch (BBL) session is held at Conference Room A, TAR UC Penang Branch Campus from 10am till 11am. The presenter is Tee Chwee Ming who discusses his 2019 paper in Accounting and Finance journal titled “Ethnic board diversity, earnings quality and institutional investors: evidence from Malaysian corporate boards”.  Using a dataset of 770 listed Malaysian firms from 2002-2012; the findings are summarized as follows:- (i) Ethnic diversity in corporate boards increases earnings quality; (ii) institutional investors encourage ethnic diversity in corporate boards; (iii) The positive influence of institutional monitoring is largely driven by domestic institutional investors; and (iv) the association between ethnic board diversity and earnings quality is attenuated by political connections. The first BBL talk is attended by one dozen participants from the FAFB.

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