Ownership concentration, dividend payout and firm performance : the case of Malaysia

dc.contributor.author Ting, Irene Wei Kiong
dc.contributor.author Kweh, Qian Long
dc.contributor.author Somosundaram, Kausalyaa
dc.date.accessioned 2020-01-26T16:37:20Z
dc.date.available 2020-01-26T16:37:20Z
dc.date.issued 2017
dc.description This article is not available at CUD collection. The version of scholarly record of this Article is published in Malaysian Journal of Economic Studies (2017), available online at: https://doi.org/10.22452/MJES.vol54no2.6 . en_US
dc.description.abstract This study examines how ownership concentration affects dividend payout, and ultimately firm performance. Regression analyses are performed on a dataset spanning 11 years (2005-2015) among Malaysian publicly listed firms. The results show that shareholders with concentrated ownership play an important role in determining dividend payout and driving firm performance. Specifically, ownership concentration is associated with low dividend payout, but it improves firm performance. Overall, this study suggests that ownership concentration may also be an effective monitoring mechanism. en_US
dc.identifier.citation Ting, I. W. K., Kweh, Q. L., & Somosundaram, K. (2017). Ownership concentration, dividend payout and firm performance: The case of Malaysia. Malaysian Journal of Economic Studies, 54(2), 269–280. https://doi.org/10.22452/MJES.vol54no2.6 en_US
dc.identifier.issn 15114554
dc.identifier.uri https://doi.org/10.22452/MJES.vol54no2.6
dc.identifier.uri https://hdl.handle.net/20.500.12519/31
dc.language.iso en en_US
dc.publisher Malaysian Economic Association en_US
dc.relation Authors Affiliations: Ting, I.W.K., Faculty of Industrial Management, Universiti Malaysia Pahang, Lebuhraya Tun Razak, Gambang, Kuantan, Pahang, 26600, Malaysia; Kweh, Q.L., Faculty of Management, Canadian University Dubai, P.O. Box 117781, 1st Interchange, Sheikh Zayed Road, Dubai, United Arab Emirates; Somosundaram, K., Department of Accounting, Universiti Tenaga Nasional, Sultan Haji Ahmad Shah Campus, Muadzam Shah, Pahang, 26700, Malaysia
dc.relation.ispartofseries Malaysian Journal of Economic Studies;Vol. 54, no. 2
dc.rights Permission to reuse abstract has been secured from Malaysian Economic Association.
dc.subject Agency theory en_US
dc.subject Dividend payout en_US
dc.subject Firm performance en_US
dc.subject Ownership concentration en_US
dc.title Ownership concentration, dividend payout and firm performance : the case of Malaysia en_US
dc.type Article en_US
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