Ownership concentration and firm's performance evidence from the Malaysian exchange / Anita Hasli … [et al.]

Hasli, Anita and Mohd. Ghani, Mohd. Mokhtar and Tuah, Hamri (2004) Ownership concentration and firm's performance evidence from the Malaysian exchange / Anita Hasli … [et al.]. [Research Reports] (Unpublished)

Abstract

This study investigates the effect of ownership structure and concentration on firm's performance. Ownership structure and concentration were determined by
observing ownership with regard to identity and ownership with significant variables and the relative importance of each predictor on the performance indicators i.e. firms profitability. Firm's profitability is measured by return on
assets, return on capital employed and operating margin. The study involved pooled data over a period of 4 years (1998-2001) with a total of 402 observations
extracted from the Malaysian Stock Exchange Berhad. The results showed that 80% of the owners were individual owners, other companies and nominees.
There is minimal government, social responsible funds and family involvement in these companies.

Metadata

Item Type:	Research Reports
Creators:	Creators Email / ID Num. Hasli, Anita UNSPECIFIED Mohd. Ghani, Mohd. Mokhtar UNSPECIFIED Tuah, Hamri UNSPECIFIED
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > H Social Sciences (General) > Research
Divisions:	Universiti Teknologi MARA, Shah Alam > Research Management Centre (RMC) > Institute of Research, Development and Commercialization (IRDC)
Keywords:	Malaysian exchange , ownership structure , firm's performance.
Date:	October 2004
URI:	https://ir.uitm.edu.my/id/eprint/46210