Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia

Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia

This 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 importa...

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Main Authors: Irene, Wei Kiong Ting, Kweh, Qian Long, Kausalyaa, Somosundaram
Format: Article
Language:English
Published: University of Malaya 2017
Subjects:
HD Industries. Land use. Labor
Online Access:http://umpir.ump.edu.my/id/eprint/19706/
http://umpir.ump.edu.my/id/eprint/19706/
http://umpir.ump.edu.my/id/eprint/19706/1/fim-2017-irene-Ownership%20Concentration%2C%20Dividend%20Payout.pdf
id ump-19706
recordtype eprints
spelling ump-197062018-04-10T03:24:40Z http://umpir.ump.edu.my/id/eprint/19706/ Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia Irene, Wei Kiong Ting Kweh, Qian Long Kausalyaa, Somosundaram HD Industries. Land use. Labor This 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. University of Malaya 2017 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/19706/1/fim-2017-irene-Ownership%20Concentration%2C%20Dividend%20Payout.pdf Irene, Wei Kiong Ting and Kweh, Qian Long and Kausalyaa, Somosundaram (2017) Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia. Malaysian Journal of Economic Studies, 54 (2). pp. 269-280. ISSN 1511-4554 https://adminconference.um.edu.my/index.php/MJES/article/view/8632
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
topic HD Industries. Land use. Labor
spellingShingle HD Industries. Land use. Labor
Irene, Wei Kiong Ting
Kweh, Qian Long
Kausalyaa, Somosundaram
Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia
description This 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.
format Article
author Irene, Wei Kiong Ting
Kweh, Qian Long
Kausalyaa, Somosundaram
author_facet Irene, Wei Kiong Ting
Kweh, Qian Long
Kausalyaa, Somosundaram
author_sort Irene, Wei Kiong Ting
title Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia
title_short Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia
title_full Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia
title_fullStr Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia
title_full_unstemmed Ownership Concentration, Dividend Payout and Firm Performance: The Case of Malaysia
title_sort ownership concentration, dividend payout and firm performance: the case of malaysia
publisher University of Malaya
publishDate 2017
url http://umpir.ump.edu.my/id/eprint/19706/
http://umpir.ump.edu.my/id/eprint/19706/
http://umpir.ump.edu.my/id/eprint/19706/1/fim-2017-irene-Ownership%20Concentration%2C%20Dividend%20Payout.pdf
first_indexed 2023-09-18T22:28:14Z
last_indexed 2023-09-18T22:28:14Z
_version_ 1777416110386184192

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