Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique
This study investigates the relationship between institutional ownership and company performance of public listed companies in Malaysia.Three years panel data of 730 Malaysian public listed companies were examined.The results showed that institutional ownership had positive and significant relations...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
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Elsevier Ltd.
2014
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/13419/1/67.pdf |
| _version_ | 1825803182431797248 |
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| author | Che Ahmad, Ayoib Jusoh, Mohd Abdullah |
| author_facet | Che Ahmad, Ayoib Jusoh, Mohd Abdullah |
| author_sort | Che Ahmad, Ayoib |
| collection | UUM |
| description | This study investigates the relationship between institutional ownership and company performance of public listed companies in Malaysia.Three years panel data of 730 Malaysian public listed companies were examined.The results showed that institutional ownership had positive and significant relationship with Tobin's Q and share price.Therefore, the involvement of institutional investor in monitoring and controlling activities reduced agency conflict and enhanced corporate performance in the emerging economy. |
| first_indexed | 2024-07-04T05:52:39Z |
| format | Conference or Workshop Item |
| id | uum-13419 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:52:39Z |
| publishDate | 2014 |
| publisher | Elsevier Ltd. |
| record_format | eprints |
| spelling | uum-134192015-03-09T13:41:45Z https://repo.uum.edu.my/id/eprint/13419/ Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique Che Ahmad, Ayoib Jusoh, Mohd Abdullah HF5601 Accounting This study investigates the relationship between institutional ownership and company performance of public listed companies in Malaysia.Three years panel data of 730 Malaysian public listed companies were examined.The results showed that institutional ownership had positive and significant relationship with Tobin's Q and share price.Therefore, the involvement of institutional investor in monitoring and controlling activities reduced agency conflict and enhanced corporate performance in the emerging economy. Elsevier Ltd. 2014 Conference or Workshop Item PeerReviewed application/pdf en cc_by_nc_nd https://repo.uum.edu.my/id/eprint/13419/1/67.pdf Che Ahmad, Ayoib and Jusoh, Mohd Abdullah (2014) Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique. In: International Conference on Accounting Studies (ICAS) 2014, 18 - 19 August 2014, Putra World Trade Centre, Kuala Lumpur. http://dx.doi.org/10.1016/j.sbspro.2014.11.105 doi:10.1016/j.sbspro.2014.11.105 doi:10.1016/j.sbspro.2014.11.105 |
| spellingShingle | HF5601 Accounting Che Ahmad, Ayoib Jusoh, Mohd Abdullah Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique |
| title | Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique |
| title_full | Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique |
| title_fullStr | Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique |
| title_full_unstemmed | Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique |
| title_short | Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique |
| title_sort | institutional ownership and market based performance indicators utilizing generalized least square estimation technique |
| topic | HF5601 Accounting |
| url | https://repo.uum.edu.my/id/eprint/13419/1/67.pdf |
| work_keys_str_mv | AT cheahmadayoib institutionalownershipandmarketbasedperformanceindicatorsutilizinggeneralizedleastsquareestimationtechnique AT jusohmohdabdullah institutionalownershipandmarketbasedperformanceindicatorsutilizinggeneralizedleastsquareestimationtechnique |