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Corporate Governance Mechanisms And Accretive Share Buyback In Malaysian Public Listed Companies

Table 1:

Dependent Variable Definition Measurement Adopt from
Accretive share buyback (ACCSBB) Earnings management’s activity that increases the EPS. 1 = Accretive share buyback0 = Otherwise Chandren et al. (2015)
Independent Variables Definition Measurement Adopt from
Board Size (BDSIZE) The total number of the directors on the board The total number of directors on the board. Chandren et al. (2015)
CEO Duality (CD) CEO of the company is also the Chairman of the board of directors. 1 = CEO and Chairman is the same person 0 = Otherwise. Chandren et al. (2015)
Multiple Directorships (MULTIDITR) A person holding director position of more than one board. The proportion of directors on the board of the company having at least one additional directorship in another company over the total number of directors on the board. Chandren et al. (2015)
Board Independence (BDINDPDC) The company must have a majority of outside or non-executive directors The number of independent non-executive directors divided by the total number of board of directors. Chandren et al. (2015)
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