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

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dc.contributor.authorTing, Irene Wei Kiong
dc.contributor.authorKweh, Qian Long
dc.contributor.authorSomosundaram, Kausalyaa
dc.date.accessioned2020-01-26T16:37:20Z
dc.date.available2020-01-26T16:37:20Z
dc.date.issued2017-12
dc.description.abstractThis 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.citationTing, 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.vol54no2.6en_US
dc.identifier.issn15114554
dc.identifier.urihttps://doi.org/10.22452/MJES.vol54no2.6
dc.identifier.urihttps://hdl.handle.net/20.500.12519/31
dc.language.isoenen_US
dc.publisherMalaysian Economic Associationen_US
dc.relationAuthors 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.ispartofseriesMalaysian Journal of Economic Studies;Vol. 54, no. 2
dc.rightsPermission to reuse abstract has been secured from Malaysian Economic Association.
dc.subjectAgency theoryen_US
dc.subjectDividend payouten_US
dc.subjectFirm performanceen_US
dc.subjectOwnership concentrationen_US
dc.titleOwnership concentration, dividend payout and firm performance : the case of Malaysiaen_US
dc.typeArticleen_US

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