The Older, the Wiser? Investigating the Effect of CEO Age on the Bank Performance in Malaysia

  • Mei-Shan Chua Universiti Teknologi Mara Puncak Alam Campus
  • Siti Nurhidayah Roslen Faculty of Business and Management, Universiti Teknologi Mara Puncak Alam Campus
  • Pang Mary School of Accounting and Finance, Nilai University
DOI: https://doi.org/10.22610/imbr.v15i3(SI).3455
Keywords: CEO Age, CEO education, Commercial Bank performance, Malaysia, Quantile regression

Abstract

This paper aims to investigate the impact of CEO age on commercial bank performance in Malaysia. Our sample data consists of 84 observations from commercial banks in Malaysia from 2016 to 2021. Using the Quantile Regression Method, we find that the CEO's Age positively influences the commercial bank's performance. This finding indicates the wisdom of the CEO in making decisions when they are getting older, positively affecting the commercial bank's performance. The result is consistent with the resource-based view; the CEO is the invaluable human capital providing experience in managing the bank's performance. Our findings guide practitioners in hiring a qualified CEO

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Published
2023-09-17
How to Cite
Chua, M.-S., Roslen, S. N., & Mary, P. (2023). The Older, the Wiser? Investigating the Effect of CEO Age on the Bank Performance in Malaysia. Information Management and Business Review, 15(3(SI), 36-41. https://doi.org/10.22610/imbr.v15i3(SI).3455
Issue
Vol 15 No 3(SI) (2023)
Section
Research Paper

Copyright (c) 2023 Mei-Shan Chua, Siti Nurhidayah Roslen, Pang Mary

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