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 |