Culture and agency theory: the case of Malaysia

This study examines the effect of culture (ethnicity) on agency costs in relation to agency theory in Malaysian business environment. It explores the monitoring costs of the businesses controlled by different ethnic groups in Malaysia. These businesses are those controlled by Chinese and Malays whic...

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Main Author: Mustapha, Mazlina
Format: Article
Language:English
Published: Medwell Journals 2017
Online Access:http://psasir.upm.edu.my/id/eprint/61266/1/CULTURE.pdf
http://psasir.upm.edu.my/id/eprint/61266/
https://medwelljournals.com/abstract/?doi=ibm.2017.664.672
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spelling my.upm.eprints.612662021-07-17T22:49:16Z http://psasir.upm.edu.my/id/eprint/61266/ Culture and agency theory: the case of Malaysia Mustapha, Mazlina This study examines the effect of culture (ethnicity) on agency costs in relation to agency theory in Malaysian business environment. It explores the monitoring costs of the businesses controlled by different ethnic groups in Malaysia. These businesses are those controlled by Chinese and Malays which are claimed to be the main groups, dominate much of the socio-economic in Malaysia. In addition, the increased in foreign investments in Malaysia which have different culture impact in the organizations is also examined. The result indicates that there is a significant relationship between the monitoring costs demanded by businesses controlled by different ethnic groups in Malaysia. Chinese controlled businesses appear to have significant negative relationship with monitoring costs while malay controlled businesses show a significant positive relationship with monitoring costs. Medwell Journals 2017 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/61266/1/CULTURE.pdf Mustapha, Mazlina (2017) Culture and agency theory: the case of Malaysia. International Business Management, 11 (3). 664 - 672. ISSN 1993-5250 https://medwelljournals.com/abstract/?doi=ibm.2017.664.672 10.36478/ibm.2017.664.672
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description This study examines the effect of culture (ethnicity) on agency costs in relation to agency theory in Malaysian business environment. It explores the monitoring costs of the businesses controlled by different ethnic groups in Malaysia. These businesses are those controlled by Chinese and Malays which are claimed to be the main groups, dominate much of the socio-economic in Malaysia. In addition, the increased in foreign investments in Malaysia which have different culture impact in the organizations is also examined. The result indicates that there is a significant relationship between the monitoring costs demanded by businesses controlled by different ethnic groups in Malaysia. Chinese controlled businesses appear to have significant negative relationship with monitoring costs while malay controlled businesses show a significant positive relationship with monitoring costs.
format Article
author Mustapha, Mazlina
spellingShingle Mustapha, Mazlina
Culture and agency theory: the case of Malaysia
author_facet Mustapha, Mazlina
author_sort Mustapha, Mazlina
title Culture and agency theory: the case of Malaysia
title_short Culture and agency theory: the case of Malaysia
title_full Culture and agency theory: the case of Malaysia
title_fullStr Culture and agency theory: the case of Malaysia
title_full_unstemmed Culture and agency theory: the case of Malaysia
title_sort culture and agency theory: the case of malaysia
publisher Medwell Journals
publishDate 2017
url http://psasir.upm.edu.my/id/eprint/61266/1/CULTURE.pdf
http://psasir.upm.edu.my/id/eprint/61266/
https://medwelljournals.com/abstract/?doi=ibm.2017.664.672
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score 13.211869