Ownership concentration and debt structure : evidence from top 100 PLCs in Malaysia

dc.contributor.author Paramanantham, Neshaleni S.
dc.contributor.author Ting, Irene Wei Kiong
dc.contributor.author Kweh, Qian Long
dc.date.accessioned 2021-02-03T12:04:03Z
dc.date.available 2021-02-03T12:04:03Z
dc.date.copyright © 2018
dc.date.issued 2018
dc.description This 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/11946 en_US
dc.description.abstract This study examines the impact of ownership concentration on debt structure. Based on market capitalisation, we obtained financial and governance data from Top 100 public listed companies in Malaysia for the period 2011-2015. Ordinary least squares and fixed-effect panel models were employed for examining data. The regression results showed that ownership held by the top five shareholders significantly and negatively affected long term debt and total debt ratios. The results remain qualitatively similar in both estimations using the ordinary least squares and fixedeffect panel models. In summary, this study offers some insights into how concentrated ownership influence corporate debt structure. © 2018, Faculty of Economics and Administration. All rights reserved. en_US
dc.identifier.citation Paramanantham, N.S., Ting, I.W.K., & Kweh, Q.L. (2018). Ownership concentration and debt structure: evidence from top 100 PLCs in Malaysia. Institutions and Economies, 10(3), 1–13. https://ijie.um.edu.my/article/view/11946 en_US
dc.identifier.issn 22321640
dc.identifier.uri https://ijie.um.edu.my/index.php/ijie/article/view/11946
dc.identifier.uri http://hdl.handle.net/20.500.12519/322
dc.language.iso en en_US
dc.publisher Faculty of Economics and Administration en_US
dc.relation Paramanantham, N.S., Faculty of Industrial Management, Universiti Pahang Malaysia, Gambang, Pahang 26300, Malaysia; Ting, I.W.K., Faculty of Industrial Management, Universiti Pahang Malaysia, Gambang, Pahang 26300, Malaysia; Kweh, Q.L., Faculty of Management, Canadian University Dubai, P.O. Box 117781, 1st Interchange, Sheikh Zayed Road, Dubai, United Arab Emirates
dc.relation.ispartofseries Institutions and Economies;Volume 10, Issue 3
dc.rights Permission to reuse abstract has been secured from Faculty of Economics and Administration
dc.rights.holder Copyright : © 2018, Faculty of Economics and Administration. All rights reserved.
dc.subject 100 public listed companies en_US
dc.subject Debt structure en_US
dc.subject Malaysi en_US
dc.subject Ownership concentration en_US
dc.title Ownership concentration and debt structure : evidence from top 100 PLCs in Malaysia en_US
dc.type Article en_US
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