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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Malaysian Economic Association
2023
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my.uniten.dspace-230272023-05-29T14:37:29Z Ownership concentration, dividend payout and firm performance: The case of Malaysia Ting I.W.K. Kweh Q.L. Somosundaram K. 57211409300 55661469500 57196440903 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. Final 2023-05-29T06:37:29Z 2023-05-29T06:37:29Z 2017 Article 10.22452/mjes.vol54no2.6 2-s2.0-85033242239 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85033242239&doi=10.22452%2fmjes.vol54no2.6&partnerID=40&md5=d47e97b19fca228668ee87b666e99c5f https://irepository.uniten.edu.my/handle/123456789/23027 54 2 269 280 All Open Access, Bronze, Green Malaysian Economic Association Scopus |
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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. |
| author2 |
57211409300 |
| author_facet |
57211409300 Ting I.W.K. Kweh Q.L. Somosundaram K. |
| format |
Article |
| author |
Ting I.W.K. Kweh Q.L. Somosundaram K. |
| spellingShingle |
Ting I.W.K. Kweh Q.L. Somosundaram K. Ownership concentration, dividend payout and firm performance: The case of Malaysia |
| author_sort |
Ting I.W.K. |
| 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 |
Malaysian Economic Association |
| publishDate |
2023 |
| _version_ |
1806427490261925888 |
| score |
13.211869 |