Does retrenchment strategy induce family firm's value? A study from Malaysia
This paper investigated the performance of retrenchment strategy of Malaysian family firms. It followed prior research in value of diversification strategy such Lins and Servaes (2002), Fauver et al. (2004), or Lee et al. (2012), but with different strategy perspective which was retrenchment strateg...
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Inderscience Enterprises Ltd.
2016
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Online Access: | http://ir.unimas.my/id/eprint/14262/1/Does%20retrenchment%20strategy%20induce%20family%20firm%E2%80%99s%20%28abstract%29.pdf http://ir.unimas.my/id/eprint/14262/ https://www.scopus.com/inward/record.uri?eid=2-s2.0-84992147564&partnerID=40&md5=12c56917dc59db7b3441b17c0f164ef3 |
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my.unimas.ir.142622017-10-06T00:50:18Z http://ir.unimas.my/id/eprint/14262/ Does retrenchment strategy induce family firm's value? A study from Malaysia Ung, Likjing Brahmana, Rayenda Khresna Puah, Chin Hong HG Finance This paper investigated the performance of retrenchment strategy of Malaysian family firms. It followed prior research in value of diversification strategy such Lins and Servaes (2002), Fauver et al. (2004), or Lee et al. (2012), but with different strategy perspective which was retrenchment strategy. We also followed Reebs (2003) research on the performance family firms but taking Malaysia as the background of study. In short, we investigated the relationship between retrenchment and performance works in Malaysia family firms. We considered a sample of 443 Malaysia listed family companies between 2004 and 2013. Our background of study was Malaysian market, which was dominated by family firms. We documented the resulting strategy of retrenchment in family-controlled firm, which led to positive effect on financial performance and negative effect on accounting performance Inderscience Enterprises Ltd. 2016 E-Article PeerReviewed text en http://ir.unimas.my/id/eprint/14262/1/Does%20retrenchment%20strategy%20induce%20family%20firm%E2%80%99s%20%28abstract%29.pdf Ung, Likjing and Brahmana, Rayenda Khresna and Puah, Chin Hong (2016) Does retrenchment strategy induce family firm's value? A study from Malaysia. International Journal of Management Practice, 9 (4). pp. 394-411. ISSN 14779064 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84992147564&partnerID=40&md5=12c56917dc59db7b3441b17c0f164ef3 DOI: 10.1504/IJMP.2016.079616 |
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HG Finance Ung, Likjing Brahmana, Rayenda Khresna Puah, Chin Hong Does retrenchment strategy induce family firm's value? A study from Malaysia |
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This paper investigated the performance of retrenchment strategy of Malaysian family firms. It followed prior research in value of diversification strategy such Lins and Servaes (2002), Fauver et al. (2004), or Lee et al. (2012), but with different strategy perspective which was retrenchment strategy. We also followed Reebs (2003) research on the performance family firms but taking Malaysia as the background of study. In short, we investigated the relationship between retrenchment and performance works in Malaysia family firms. We considered a sample of 443 Malaysia listed family companies between 2004 and 2013. Our background of study was Malaysian market, which was dominated by family firms. We documented the resulting strategy of retrenchment in family-controlled firm, which led to positive effect on financial performance and negative effect on accounting performance |
format |
E-Article |
author |
Ung, Likjing Brahmana, Rayenda Khresna Puah, Chin Hong |
author_facet |
Ung, Likjing Brahmana, Rayenda Khresna Puah, Chin Hong |
author_sort |
Ung, Likjing |
title |
Does retrenchment strategy induce family firm's value? A study from Malaysia |
title_short |
Does retrenchment strategy induce family firm's value? A study from Malaysia |
title_full |
Does retrenchment strategy induce family firm's value? A study from Malaysia |
title_fullStr |
Does retrenchment strategy induce family firm's value? A study from Malaysia |
title_full_unstemmed |
Does retrenchment strategy induce family firm's value? A study from Malaysia |
title_sort |
does retrenchment strategy induce family firm's value? a study from malaysia |
publisher |
Inderscience Enterprises Ltd. |
publishDate |
2016 |
url |
http://ir.unimas.my/id/eprint/14262/1/Does%20retrenchment%20strategy%20induce%20family%20firm%E2%80%99s%20%28abstract%29.pdf http://ir.unimas.my/id/eprint/14262/ https://www.scopus.com/inward/record.uri?eid=2-s2.0-84992147564&partnerID=40&md5=12c56917dc59db7b3441b17c0f164ef3 |
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1644511866814201856 |
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13.211869 |