Business, Management and Accounting
8 years ago

High ownership concentration in Malaysian property firms linked to poor performance.

RePEc: Research Papers in Economics
CONCENTRATION OF OWNERSHIP - ITS EFFECT ON PROPERTY FIRM PERFORMANCE
Roselina Shakir

Paper Summary

Related papers

Business, Management and Accounting
8 years ago

Concentrated ownership boosts European firm performance, reshapes corporate governance landscape

Corporate Governance
Firm Dynamics
Working Capital
1 view
Business, Management and Accounting
3 years ago

Ownership structure evolution boosts firm performance in EU new members.

Corporate Governance
Business, Management and Accounting
4 years ago

State ownership boosts firm value in China, private shareholders hinder growth.

Corporate Governance

The study looked at how ownership structure affects the performance of property firms in Malaysia. They found that when a few big owners have a lot of control, it can actually hurt the company's performance. This is because the market worries that these big owners might make decisions that benefit themselves, not the company as a whole. The study focused on Malaysian property firms from 1999 to 2005 and showed that having high block ownership can have a negative impact on firm performance.