This paper aims to investigate the effect of the presence of female board directors and corporate governance mechanisms on agency cost focusing on board of directors’ and audit committee’s characteristics. The samples used in this study consisted of 150 companies listed on Bursa Malaysia in trade and services sector from 2010 until 2013. The dependent variable in this research is agency cost. Based on the extensive literature review, this study applied two agency cost proxies, which are asset utilisation ratio (AUR) and expense ratio (ER). Meanwhile, there are seven independent variable which are female board directors, board size, CEO duality, independent directors, size of the audit committee, audit committee meeting and audit quality. Data was analysed using descriptive statistics, correlation analysis and linear regression. The empirical result reveals that female board directors, board size, CEO duality, independent directors, and audit quality have a significantly negative re.....

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Kajian ini dijalankan untuk mengkaji kehadiran lembaga pengarah wanita serta mekanisme tadbir urus korporat terhadap kos agensi yang memberi tumpuan kepada ciri-ciri ahli  lembaga pengarah dan ciri-ciri jawatankuasa audit seperti saiz, ahli-ahli bebas, mesyuarat,  pengetahuan tentang kewangan dan kualiti. Kajian ini menggunakan sampel sebanyak 150 buah syarikat  yang tersenarai di Bursa Malaysia pada tahun 2010 sehingga tahun 2013 bagi sektor perdagangan dan  perkhidmatan. Berdasarkan kajian-kajian lepas, kajian ini menggunakan dua proksi kos agensi iaitu,  nisbah penggunaan aset (AUR) dan nisbah perbelanjaan (ER). Hasil kajian emprikal ini menunjukkan  R-square bagi model AUR adalah 0.067 dan 0.074 bagi model ER. Bagi model AUR, saiz lembaga pengarah (β =- 0.056, t =-1.857) , CEO  dualiti (β =-0.032, t =-0.640), dan lembaga pengarah bebas (β =-0.123, t =-2.277) mempunyai  hubungan negatif yang signifikan terhadap kos agensi. Manakala bagi model ER, keputusan menun.....

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