Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.]
The issue of corporate governance in Malaysia emerged in 1997 and fast became a very important topic . Corporate governance is, to a large extent a set of mechanisms through which outside investors protect themselves against expropriation by insiders. Managerial and institutional ownership are the c...
Main Authors: | , , |
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格式: | Research Reports |
语言: | English |
出版: |
2013
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在线阅读: | https://ir.uitm.edu.my/id/eprint/35009/1/35009.pdf |
_version_ | 1825738036911013888 |
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author | Mokhtar, Najah Ali, Syukriah Abu Hassan, Anita |
author_facet | Mokhtar, Najah Ali, Syukriah Abu Hassan, Anita |
author_sort | Mokhtar, Najah |
collection | UITM |
description | The issue of corporate governance in Malaysia emerged in 1997 and fast became a very important topic . Corporate governance is, to a large extent a set of mechanisms through which outside investors protect themselves against expropriation by insiders. Managerial and institutional ownership are the corporate governance mechanisms used in corporations to overcome agency problem between manager-shareholders. However greater used of this mechanism will not necessarily ensure that corporations could eliminate the problem of wealth expropriation by managers, whereas it may be create another agency problem . The controlling shareholders, either individuals/families , or institutional/corporations, are in the position to expropriate minority interest using their dominant voting right This suggests that large ownership will adversely affect corporate value ; increasing ownership has negative relation with firm performance . An issue arise here is what is the effect of institutional and managerial ownership on firm performance of companies in Malaysia? |
first_indexed | 2024-03-06T02:27:30Z |
format | Research Reports |
id | oai:ir.uitm.edu.my:35009 |
institution | Universiti Teknologi MARA |
language | English |
last_indexed | 2024-03-06T02:27:30Z |
publishDate | 2013 |
record_format | dspace |
spelling | oai:ir.uitm.edu.my:350092021-12-06T07:30:19Z https://ir.uitm.edu.my/id/eprint/35009/ Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.] Mokhtar, Najah Ali, Syukriah Abu Hassan, Anita Corporate organization. Corporate governance International business enterprises. Multinational corporations The issue of corporate governance in Malaysia emerged in 1997 and fast became a very important topic . Corporate governance is, to a large extent a set of mechanisms through which outside investors protect themselves against expropriation by insiders. Managerial and institutional ownership are the corporate governance mechanisms used in corporations to overcome agency problem between manager-shareholders. However greater used of this mechanism will not necessarily ensure that corporations could eliminate the problem of wealth expropriation by managers, whereas it may be create another agency problem . The controlling shareholders, either individuals/families , or institutional/corporations, are in the position to expropriate minority interest using their dominant voting right This suggests that large ownership will adversely affect corporate value ; increasing ownership has negative relation with firm performance . An issue arise here is what is the effect of institutional and managerial ownership on firm performance of companies in Malaysia? 2013-11 Research Reports NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/35009/1/35009.pdf Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.]. (2013) [Research Reports] (Unpublished) |
spellingShingle | Corporate organization. Corporate governance International business enterprises. Multinational corporations Mokhtar, Najah Ali, Syukriah Abu Hassan, Anita Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.] |
title | Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.] |
title_full | Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.] |
title_fullStr | Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.] |
title_full_unstemmed | Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.] |
title_short | Managerial shareholdings and performance of listed companies in Malaysia / Najah Mokhtar ... [et al.] |
title_sort | managerial shareholdings and performance of listed companies in malaysia najah mokhtar et al |
topic | Corporate organization. Corporate governance International business enterprises. Multinational corporations |
url | https://ir.uitm.edu.my/id/eprint/35009/1/35009.pdf |
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