Does government ownership matter? Comparative study between GLCS and NGLCS in Malaysia

comparative study; firm ownership; industrial performance; state owned enterprise; Malaysia

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Main Authors: Ting I.W.K., Lean H.H.
Other Authors: 57211409300
Format: Article
Published: World Scientific Publishing Co. Pte Ltd 2023
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id my.uniten.dspace-22322
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spelling my.uniten.dspace-223222023-05-29T14:00:12Z Does government ownership matter? Comparative study between GLCS and NGLCS in Malaysia Ting I.W.K. Lean H.H. 57211409300 15849147600 comparative study; firm ownership; industrial performance; state owned enterprise; Malaysia This study investigates whether government participation in firm ownership leads to better firm performance of publicly listed companies in Malaysia. The sample covers 257 companies listed on the Bursa Malaysia from 1997 to 2009. Multiple regression models with balanced panel data are used to examine the impact of government ownership (GOVN) on firm performance. We find a negative relationship between GOVN and firm performance, a finding that supports the negative public perception of government-linked companies (GLCs) in Malaysia. We conclude that government ownership is not an effective tool for improvement of firm performance in Malaysia. � 2015 World Scientific Publishing Company. Final 2023-05-29T06:00:12Z 2023-05-29T06:00:12Z 2015 Article 10.1142/S0217590815500198 2-s2.0-84954027829 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84954027829&doi=10.1142%2fS0217590815500198&partnerID=40&md5=166e5582c3f4dab792f48ad40ef16ee2 https://irepository.uniten.edu.my/handle/123456789/22322 60 2 1550019 World Scientific Publishing Co. Pte Ltd Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description comparative study; firm ownership; industrial performance; state owned enterprise; Malaysia
author2 57211409300
author_facet 57211409300
Ting I.W.K.
Lean H.H.
format Article
author Ting I.W.K.
Lean H.H.
spellingShingle Ting I.W.K.
Lean H.H.
Does government ownership matter? Comparative study between GLCS and NGLCS in Malaysia
author_sort Ting I.W.K.
title Does government ownership matter? Comparative study between GLCS and NGLCS in Malaysia
title_short Does government ownership matter? Comparative study between GLCS and NGLCS in Malaysia
title_full Does government ownership matter? Comparative study between GLCS and NGLCS in Malaysia
title_fullStr Does government ownership matter? Comparative study between GLCS and NGLCS in Malaysia
title_full_unstemmed Does government ownership matter? Comparative study between GLCS and NGLCS in Malaysia
title_sort does government ownership matter? comparative study between glcs and nglcs in malaysia
publisher World Scientific Publishing Co. Pte Ltd
publishDate 2023
_version_ 1806423521954365440
score 13.211869