How ownership structure affects the relation between corporate governance and firm performance : a study of family-run firms, public firms, and government-linked corporations in Singapore.
In this paper, we examine how the relationship between the corporate governance structure of an organization and its performance changes with the ownership structure within the firm. We find that public firms and government-linked corporations (GLCs) show evidence of better firm performance with hig...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/48358 |
| _version_ | 1826109860444372992 |
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| author | Choo, Jia Ming. Huang, Hua Ming. Lee, Hwee Hou. |
| author2 | Angie Low An Chee |
| author_facet | Angie Low An Chee Choo, Jia Ming. Huang, Hua Ming. Lee, Hwee Hou. |
| author_sort | Choo, Jia Ming. |
| collection | NTU |
| description | In this paper, we examine how the relationship between the corporate governance structure of an organization and its performance changes with the ownership structure within the firm. We find that public firms and government-linked corporations (GLCs) show evidence of better firm performance with higher levels of governance. Family-run firms, on the other hand, show a strong negative relationship between its governance structure and its performance. This is despite our results showing them demonstrating a greater likelihood of outperforming public firms and GLCs. These findings substantiate the fact that performance of a firm does depend on how well corporate governance is carried out in organizations although there are also other underlying factors that have to be taken into consideration. |
| first_indexed | 2024-10-01T02:25:17Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/48358 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T02:25:17Z |
| publishDate | 2012 |
| record_format | dspace |
| spelling | ntu-10356/483582023-05-19T03:30:03Z How ownership structure affects the relation between corporate governance and firm performance : a study of family-run firms, public firms, and government-linked corporations in Singapore. Choo, Jia Ming. Huang, Hua Ming. Lee, Hwee Hou. Angie Low An Chee Nanyang Business School DRNTU::Business::Finance::Corporate governance In this paper, we examine how the relationship between the corporate governance structure of an organization and its performance changes with the ownership structure within the firm. We find that public firms and government-linked corporations (GLCs) show evidence of better firm performance with higher levels of governance. Family-run firms, on the other hand, show a strong negative relationship between its governance structure and its performance. This is despite our results showing them demonstrating a greater likelihood of outperforming public firms and GLCs. These findings substantiate the fact that performance of a firm does depend on how well corporate governance is carried out in organizations although there are also other underlying factors that have to be taken into consideration. BUSINESS 2012-04-05T06:44:42Z 2012-04-05T06:44:42Z 2012 2012 Final Year Project (FYP) http://hdl.handle.net/10356/48358 en Nanyang Technological University 42 p. application/pdf |
| spellingShingle | DRNTU::Business::Finance::Corporate governance Choo, Jia Ming. Huang, Hua Ming. Lee, Hwee Hou. How ownership structure affects the relation between corporate governance and firm performance : a study of family-run firms, public firms, and government-linked corporations in Singapore. |
| title | How ownership structure affects the relation between corporate governance and firm performance : a study of family-run firms, public firms, and government-linked corporations in Singapore. |
| title_full | How ownership structure affects the relation between corporate governance and firm performance : a study of family-run firms, public firms, and government-linked corporations in Singapore. |
| title_fullStr | How ownership structure affects the relation between corporate governance and firm performance : a study of family-run firms, public firms, and government-linked corporations in Singapore. |
| title_full_unstemmed | How ownership structure affects the relation between corporate governance and firm performance : a study of family-run firms, public firms, and government-linked corporations in Singapore. |
| title_short | How ownership structure affects the relation between corporate governance and firm performance : a study of family-run firms, public firms, and government-linked corporations in Singapore. |
| title_sort | how ownership structure affects the relation between corporate governance and firm performance a study of family run firms public firms and government linked corporations in singapore |
| topic | DRNTU::Business::Finance::Corporate governance |
| url | http://hdl.handle.net/10356/48358 |
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