Abstract

The main objective of this study is to examine the impact of ownership structure on the corporate performance of the Malaysian public listed companies (PLC). Empirical evidence suggests that insider and institutional shareholding do not influence the corporate performance of the Malaysian PLC. The results seem to suggest that institutional shareholders have failed in their monitoring role and principal agent problem will not be solved by increasing the director’s shareholding in the company. Despite segmenting the company according to market capitalization, results do not differ significantly. The relationship between corporate performance and insider and institutional shareholding is only significant in big market capitalization companies.

pdf

Additional Information

ISSN
2339-5206
Print ISSN
2339-5095
Pages
pp. 195-208
Launched on MUSE
2008-10-23
Open Access
No
Back To Top

This website uses cookies to ensure you get the best experience on our website. Without cookies your experience may not be seamless.