Founder management, government ownership and firm performance : evidence from Malaysia

dc.contributor.authorTing, Irene Wei Kiong
dc.contributor.authorKweh, Qian Long
dc.contributor.authorLean, Hooi Hooi
dc.contributor.authorJuan, Sui Hai
dc.date.accessioned2020-01-27T10:27:27Z
dc.date.available2020-01-27T10:27:27Z
dc.date.copyright© 2018
dc.date.issued2018
dc.descriptionThis article is not available at CUD collection. The version of scholarly record of this Article is published in Institutions and Economies (2018), available online at: https://ijie.um.edu.my/article/view/9551.en_US
dc.description.abstractThis paper examines first, how founder CEOs affect firm performance and second, whether government ownership moderates the relationship between founder CEOs and firm performance of companies listed in Malaysia between 2002 and 2011. Firms led by founder CEOs perform better than those led by non-founder CEOs. Although a direct-effect test indicates that government ownership may be detrimental to firm performance, there exists a positive relationship between founder CEOs and firm performance in the presence of government ownership from the perspective of growth opportunities. In terms of profitability, however, government ownership may not increase return on assets. These findings suggest that the government may play a crucial role to protect investor’s wealth, especially with respect to long-term survival of a company. © 2018, Faculty of Economics and Administration. All rights reserved.en_US
dc.identifier.citationTing, I.W.K., Kweh, Q.L., Lean, H.H., & Juan, S.H. (2018). Founder management, government ownership and firm performance: evidence from Malaysia. Institutions and Economies, 10(1), 1–17. https://ijie.um.edu.my/article/view/9551en_US
dc.identifier.issn22321640
dc.identifier.urihttps://ijie.um.edu.my/article/view/9551
dc.identifier.urihttp://hdl.handle.net/20.500.12519/48
dc.language.isoenen_US
dc.publisherFaculty of Economics and Administrationen_US
dc.relationAuthors Affiliations: Ting, I.W.K., Faculty of Industrial Management, Universiti Malaysia Pahang, Gambang, Kuantan Pahang 26600, Malaysia; Kweh, Q.L., Faculty of Management, Canadian University Dubai, Dubai, 117781, United Arab Emirates; Lean, H.H., School of Social Sciences, Universiti Sains Malaysia, Georgetown, Pulau Pinang 11800, Malaysia; Juan, S.H., Faculty of Industrial Management, Universiti Malaysia Pahang, Gambang, Kuantan Pahang 26600, Malaysia
dc.relation.ispartofseriesInstitutions and Economies; Volume 10, Issue 1
dc.rightsPermission to reuse the abstract has been secured from Faculty of Economics and Administration.
dc.rights.holderCopyright : © 2018, Faculty of Economics and Administration. All rights reserved.
dc.subjectFirm performanceen_US
dc.subjectFounder CEOsen_US
dc.subjectGovernment ownershipen_US
dc.subjectGrowthen_US
dc.subjectPublic listed companiesen_US
dc.titleFounder management, government ownership and firm performance : evidence from Malaysiaen_US
dc.typeArticleen_US

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