CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE IN THE MALAYSIAN CORPORATE SECTOR

, ,

Corporate Governance

ISBN: 978-0-76231-133-0, eISBN: 978-1-84950-289-4

ISSN: 1569-3732

Publication date: 1 December 2004

Abstract

This study outlines some major findings of the impact of ownership concentration on corporate performance, investment and financing decisions in the Malaysian corporate sector. Earlier studies on corporate governance linked very concentrated ownership structure to weak corporate governance, thus leading firms to make poor investment and financing decisions. However, a firm that strives towards maximising shareholder’s wealth would select its investment and financing strategy with care. Thus concentrated ownership has also been found to lead to better corporate performance, and that composition of ownership is an important element to spur better corporate performance.

Citation

Abdul Samad, F. (2004), "CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE IN THE MALAYSIAN CORPORATE SECTOR", Hirschey, M., and, K. and Makhija, A. (Ed.) Corporate Governance (Advances in Financial Economics, Vol. 9), Emerald Group Publishing Limited, Bingley, pp. 355-385. https://doi.org/10.1016/S1569-3732(04)09014-0

Download as .RIS

Publisher

:

Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited

Please note you might not have access to this content

You may be able to access this content by login via Shibboleth, Open Athens or with your Emerald account.
If you would like to contact us about accessing this content, click the button and fill out the form.