An Exploratory Study on The Managerial Ownership and The Informativeness of Earnings in The Trading and Services Sector: An Evidence from Malaysia
This study attempts to examine the relationship between managerial ownership with the informativeness of earnings in Malaysia. The informativeness of earnings is implied by the earnings' explanatory power for return. By using data from firms listed in the main board trading and services sec...
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2012
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my.usim-53362015-03-02T02:25:28Z An Exploratory Study on The Managerial Ownership and The Informativeness of Earnings in The Trading and Services Sector: An Evidence from Malaysia Suhaila Abdul Hamid Hamdi Hakeim Mudasir Managerial ownership Corporate governance Informativeness of earnings This study attempts to examine the relationship between managerial ownership with the informativeness of earnings in Malaysia. The informativeness of earnings is implied by the earnings' explanatory power for return. By using data from firms listed in the main board trading and services sector of Bursa Malaysia Berhad, the study found that at the level of 25%, managerial ownership has nonlinear relationship with the informativeness of earnings. The study also found that at the level of more than 25% managerial ownership, the firm size, risk and level of debt have inverse relationship with earnings. The finding perhaps offers another useful point to enhance understanding in the corporate governance practices in Malaysia. 2012-02-21T07:50:42Z 2012-02-21T07:50:42Z 2005 Article 1823075X http://ddms.usim.edu.my/handle/123456789/5336 en Vol 1, No.2 2005; Universiti Sains Islam Malaysia |
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Managerial ownership Corporate governance Informativeness of earnings |
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Managerial ownership Corporate governance Informativeness of earnings Suhaila Abdul Hamid Hamdi Hakeim Mudasir An Exploratory Study on The Managerial Ownership and The Informativeness of Earnings in The Trading and Services Sector: An Evidence from Malaysia |
description |
This study attempts to examine the relationship between managerial
ownership with the informativeness of earnings in Malaysia. The
informativeness of earnings is implied by the earnings' explanatory
power for return. By using data from firms listed in the main
board trading and services sector of Bursa Malaysia Berhad, the
study found that at the level of 25%, managerial ownership has nonlinear
relationship with the informativeness of earnings. The study
also found that at the level of more than 25% managerial ownership,
the firm size, risk and level of debt have inverse relationship with
earnings. The finding perhaps offers another useful point to enhance
understanding in the corporate governance practices in Malaysia. |
format |
Article |
author |
Suhaila Abdul Hamid Hamdi Hakeim Mudasir |
author_facet |
Suhaila Abdul Hamid Hamdi Hakeim Mudasir |
author_sort |
Suhaila Abdul Hamid |
title |
An Exploratory Study on The Managerial Ownership and The Informativeness of Earnings in The Trading and Services Sector: An Evidence from Malaysia |
title_short |
An Exploratory Study on The Managerial Ownership and The Informativeness of Earnings in The Trading and Services Sector: An Evidence from Malaysia |
title_full |
An Exploratory Study on The Managerial Ownership and The Informativeness of Earnings in The Trading and Services Sector: An Evidence from Malaysia |
title_fullStr |
An Exploratory Study on The Managerial Ownership and The Informativeness of Earnings in The Trading and Services Sector: An Evidence from Malaysia |
title_full_unstemmed |
An Exploratory Study on The Managerial Ownership and The Informativeness of Earnings in The Trading and Services Sector: An Evidence from Malaysia |
title_sort |
exploratory study on the managerial ownership and the informativeness of earnings in the trading and services sector: an evidence from malaysia |
publisher |
Universiti Sains Islam Malaysia |
publishDate |
2012 |
url |
http://ddms.usim.edu.my/handle/123456789/5336 |
_version_ |
1645151647529172992 |
score |
13.211869 |