See, stats, and : https : / / www . researchgate . net / publication / 4991576 Corporate Performance Companies Article DOI : 10 . 1111 / j . 1468 - 5957 . 2006 . 00594 . x : RePEc CITATIONS 253 READS 2 , 788 2 : Roszaini Heriot - Watt 40 , 705 SEE Mohammad University 25 SEE Available : Mohammad Retrieved : 19 Abstract : This study investigates the relationship between the corporate governance struc - ture and performance of 347 companies listed on the Kuala Lumpur Stock Exchange (KLSE) between 1996 and 2000 . We found board size and top five substantial shareholdings to be significantly associated with both market and accounting performance measures . In addition , we found a significant relationship between multiple directorships and market performance while role duality and managerial shareholdings are significantly associated with accounting performance . The result is robust with respect to controls for gearing , company size , industry membership and growth opportunities .
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