How long do directors stay on the board to contribute positively towards the financial performance of plcs in Malaysia?

This study investigates the relationship between the length of time board members serve and the financial performance (FP) of Malaysia's top 500 public listed companies (PLCs). The research uses data from annual reports, secretarial data, and financial statements to analyse the correlation between board tenure (BTEN) and FP. The study found a mean of 8.18 years in BTEN but found no impact on FP. The findings will enhance understanding of corporate governance (CG) and FP in Malaysia, particularly within the Malaysian Code on Corporate Governance (MCCG) framework. The findings will be valuable for policymakers, corporate boards, investors, and other stakeholders interested in understanding BTEN's impact on company performance. The study also aims to elucidate the correlation between BTEN and financial success in Malaysian PLCs, providing practical implications for CG policies and principles and guiding future research. Key challenges include balancing experience and innovation, understanding board composition and dynamics, and examining the regulatory and governance context. Stakeholder perspectives are crucial for evaluating director tenure's influence on FP.