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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Main Authors: Ung, Likjing, Brahmana, Rayenda Khresna, Puah, Chin Hong
Format: E-Article
Language:English
Published: 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
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spelling 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
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HG Finance
spellingShingle HG Finance
Ung, Likjing
Brahmana, Rayenda Khresna
Puah, Chin Hong
Does retrenchment strategy induce family firm's value? A study from Malaysia
description 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
_version_ 1644511866814201856
score 13.211869