The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business

There are lack of studies that discuss the importance of owner’s gender and age with firm performance.Thus, the objective of this study is to examine the relationship between owner’s gender and age with the business performance, which is measured using Tobin’s Q (Q) and Earnings Per Share (EPS). Thi...

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Main Author: Amran, Noor Afza
Format: Article
Language:English
Published: Global Research Agency 2011
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Online Access:http://repo.uum.edu.my/5111/1/0008.pdf
http://repo.uum.edu.my/5111/
http://www.globalresearch.com.my/journal/business_v02n01/0008_abstract_PG104-116.pdf
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spelling my.uum.repo.51112016-04-24T01:25:01Z http://repo.uum.edu.my/5111/ The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business Amran, Noor Afza HD28 Management. Industrial Management There are lack of studies that discuss the importance of owner’s gender and age with firm performance.Thus, the objective of this study is to examine the relationship between owner’s gender and age with the business performance, which is measured using Tobin’s Q (Q) and Earnings Per Share (EPS). This study uses secondary data approach. The sample size is 182 Malaysian family companies listed on Bursa Malaysia over the period of 2003 to 2007. Findings from this study show that there is a difference between male-led and female-led companies with firm performance. Male owners are found to enhance greater firm value than female owners, when based on the market value (Tobin’s Q).In term of owner’s age, both the market value (Q) and accounting value (EPS) do show a negative relationship with business performance.This explains that matured owners are found to be underperformed, while the young owners are more aggressive in enhancing the firm value. Interestingly, the findings have shown that factors such as owner’s gender and age do enhance company performance, especially for Malaysian family businesses. Regulators, stakeholders and potential investors need to be alert that gender and age plays an important role in the family company success. Global Research Agency 2011 Article PeerReviewed application/pdf en http://repo.uum.edu.my/5111/1/0008.pdf Amran, Noor Afza (2011) The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business. Journal of Global Business and Economics, 2 (1). pp. 104-116. ISSN 977-2180-3625 http://www.globalresearch.com.my/journal/business_v02n01/0008_abstract_PG104-116.pdf
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Amran, Noor Afza
The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business
description There are lack of studies that discuss the importance of owner’s gender and age with firm performance.Thus, the objective of this study is to examine the relationship between owner’s gender and age with the business performance, which is measured using Tobin’s Q (Q) and Earnings Per Share (EPS). This study uses secondary data approach. The sample size is 182 Malaysian family companies listed on Bursa Malaysia over the period of 2003 to 2007. Findings from this study show that there is a difference between male-led and female-led companies with firm performance. Male owners are found to enhance greater firm value than female owners, when based on the market value (Tobin’s Q).In term of owner’s age, both the market value (Q) and accounting value (EPS) do show a negative relationship with business performance.This explains that matured owners are found to be underperformed, while the young owners are more aggressive in enhancing the firm value. Interestingly, the findings have shown that factors such as owner’s gender and age do enhance company performance, especially for Malaysian family businesses. Regulators, stakeholders and potential investors need to be alert that gender and age plays an important role in the family company success.
format Article
author Amran, Noor Afza
author_facet Amran, Noor Afza
author_sort Amran, Noor Afza
title The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business
title_short The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business
title_full The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business
title_fullStr The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business
title_full_unstemmed The effect of owner's gender and age to firm performance: A review on Malaysian public listed family business
title_sort effect of owner's gender and age to firm performance: a review on malaysian public listed family business
publisher Global Research Agency
publishDate 2011
url http://repo.uum.edu.my/5111/1/0008.pdf
http://repo.uum.edu.my/5111/
http://www.globalresearch.com.my/journal/business_v02n01/0008_abstract_PG104-116.pdf
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score 13.211869