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As Malaysian banks step into Basel-III era, a close look at their performance on risk adjusted basis using RAROC and EVA would throw significant light on their relative strengths and weaknesses. Post restructuring during 1999-2000, the regulatory framework of Bank Negara Malaysia (BNM) throughout 2001-2010 was mainly centered on capitalisation, risk management and governance practices in banks. Financial Sector Blue Print is viewed as the reference framework for growth of banks in the current decade. Though numerous studies have evaluated the performances of Malaysian banks in terms of efficiency and productivity gains before and after the merger and also at various phases during the last decade, no study has so far been reported to evaluate their performances using the above framework. This paper intends to fill up this gap. The period covered is 2001 to 2013. Findings of this paper would be of keen interest to the policy planners, investors and researchers alike. [ABSTRACT FROM AUTHOR]

Using a sample of listed firms in Malaysia, Philippines, Singapore and Thailand, this paper examines the association between busy board of directors and firm performance. We offer three results. First, we find that firm performance (measured by operating profitability and market-to-book equity) is negatively associated with busy boards. Second, we find that firms with busy boards have higher operating risk (measured by volatility of return on assets, volatility of stock returns and volatility of operating cash flow). Third, we find that the association between firm performance and busy boards is conditional on the firm's life cycle stage. For firms in the growth stage, busy boards are beneficial to firm performance suggesting that the experience knowledge and reputation accumulated with multiple directorships help busy directors to more effectively advise these firms. In contrast, for firms in the maturity stage of their life cycle, busy boards are detrimental to firm performance suggesting the monitoring role of board is weakened by multiple directorships. [ABSTRACT FROM AUTHOR]

Banking efficiency studies have tended to focus on quantifying the efficiency of financial institutions. Few attempts have been undertaken to compare the efficiency performance of domestic and foreign banks, and even fewer have compared the super-efficiency performance of both types of banks. Addressing this gap, the present study contributes to the existing literature by utilising Data Envelopment Analysis (DEA) to compute superefficiency scores for individual banks. The objectives of this study are to estimate technical efficiency and to estimate the super-efficiency index of Malaysian commercial banks over the period from 2000 until 2010. The results indicate that, in general, domestic banks perform better than foreign banks. However, the super-efficiency results reveal that individual foreign banks are more efficient than individual domestic banks. [ABSTRACT FROM AUTHOR]