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...

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Main Authors: Mokhtar, Najah, Ali, Syukriah, Abu Hassan, Anita
格式: Research Reports
语言:English
出版: 2013
主题:
在线阅读:https://ir.uitm.edu.my/id/eprint/35009/1/35009.pdf
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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?
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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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