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

Simple item page
dc.contributor.authorParamanantham, Neshaleni S.
dc.contributor.authorTing, Irene Wei Kiong
dc.contributor.authorKweh, Qian Long
dc.date.accessioned2021-02-03T12:04:03Z
dc.date.available2021-02-03T12:04:03Z
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/11946en_US
dc.description.abstractThis 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.citationParamanantham, 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/11946en_US
dc.identifier.issn22321640
dc.identifier.urihttps://ijie.um.edu.my/index.php/ijie/article/view/11946
dc.identifier.urihttp://hdl.handle.net/20.500.12519/322
dc.language.isoenen_US
dc.publisherFaculty of Economics and Administrationen_US
dc.relationParamanantham, 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.ispartofseriesInstitutions and Economies;Volume 10, Issue 3
dc.rightsPermission to reuse abstract has been secured from Faculty of Economics and Administration
dc.rights.holderCopyright : © 2018, Faculty of Economics and Administration. All rights reserved.
dc.subject100 public listed companiesen_US
dc.subjectDebt structureen_US
dc.subjectMalaysien_US
dc.subjectOwnership concentrationen_US
dc.titleOwnership concentration and debt structure : evidence from top 100 PLCs in Malaysiaen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Access Instruction 322.pdf
Size:
104.63 KB
Format:
Adobe Portable Document Format
Description:
Download

Collections

Accounting & Finance