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The role of controlling shareholders on the constrains of R&D financing

The purpose of this research is to investigate the moderating effect of controlling shareholders on the relationship between cash holdings and R&D of a firm. The sample of data for this empirical study covered period of six years, from 2012 to 2017. 155 technology-based companies are selected, i...

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Bibliographic Details
Main Author: Soo, Lee Ung
Format: Final Year Project Report
Language:English
Published: Universiti Malaysia Sarawak (UNIMAS) 2019
Subjects:
H Social Sciences (General)
HG Finance
Online Access:http://ir.unimas.my/id/eprint/38068/1/Soo%20Lee%20Ung%20ft.pdf
http://ir.unimas.my/id/eprint/38068/
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spelling my.unimas.ir.380682024-08-13T01:49:21Z http://ir.unimas.my/id/eprint/38068/ The role of controlling shareholders on the constrains of R&D financing Soo, Lee Ung H Social Sciences (General) HG Finance The purpose of this research is to investigate the moderating effect of controlling shareholders on the relationship between cash holdings and R&D of a firm. The sample of data for this empirical study covered period of six years, from 2012 to 2017. 155 technology-based companies are selected, in which 92 companies are chosen from Bursa Malaysia, with total observations of 460 and 62 companies are chosen from Singapore Exchange, with total observations of 315. The full model of this research is built based on two theories, which are agency theory and resource-based view (RBV) theory. Moreover, the relationship between cash holdings and R&D of a firm indicating different result between Malaysia firms and Singapore firms. Besides that, relationship between controlling shareholders and R&D of a firm also show different result between Malaysia firms and Singapore firms. Lastly, the empirical findings indicate that controlling shareholders do not moderate the relationship between cash holdings and R&D of a firm, neither positively nor negatively. Universiti Malaysia Sarawak (UNIMAS) 2019 Final Year Project Report NonPeerReviewed text en http://ir.unimas.my/id/eprint/38068/1/Soo%20Lee%20Ung%20ft.pdf Soo, Lee Ung (2019) The role of controlling shareholders on the constrains of R&D financing. [Final Year Project Report] (Unpublished)
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 H Social Sciences (General)
HG Finance
spellingShingle H Social Sciences (General)
HG Finance
Soo, Lee Ung
The role of controlling shareholders on the constrains of R&D financing
description The purpose of this research is to investigate the moderating effect of controlling shareholders on the relationship between cash holdings and R&D of a firm. The sample of data for this empirical study covered period of six years, from 2012 to 2017. 155 technology-based companies are selected, in which 92 companies are chosen from Bursa Malaysia, with total observations of 460 and 62 companies are chosen from Singapore Exchange, with total observations of 315. The full model of this research is built based on two theories, which are agency theory and resource-based view (RBV) theory. Moreover, the relationship between cash holdings and R&D of a firm indicating different result between Malaysia firms and Singapore firms. Besides that, relationship between controlling shareholders and R&D of a firm also show different result between Malaysia firms and Singapore firms. Lastly, the empirical findings indicate that controlling shareholders do not moderate the relationship between cash holdings and R&D of a firm, neither positively nor negatively.
format Final Year Project Report
author Soo, Lee Ung
author_facet Soo, Lee Ung
author_sort Soo, Lee Ung
title The role of controlling shareholders on the constrains of R&D financing
title_short The role of controlling shareholders on the constrains of R&D financing
title_full The role of controlling shareholders on the constrains of R&D financing
title_fullStr The role of controlling shareholders on the constrains of R&D financing
title_full_unstemmed The role of controlling shareholders on the constrains of R&D financing
title_sort role of controlling shareholders on the constrains of r&d financing
publisher Universiti Malaysia Sarawak (UNIMAS)
publishDate 2019
url http://ir.unimas.my/id/eprint/38068/1/Soo%20Lee%20Ung%20ft.pdf
http://ir.unimas.my/id/eprint/38068/
_version_ 1808981490693832704
score 13.211869

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