Expropriation of minority interest via debt in family firms: evidence from Malaysia
It is documented that there is a significant degree of separation between cash flow rights and control rights in corporations with concentrated ownership, where power lies in the hands of controlling shareholders, particularly in family firms. The presence of this separation contributes to agency pr...
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| Format: | Research Reports |
| Language: | en |
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Faculty of Accountancy
2011
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| Online Access: | https://ir.uitm.edu.my/id/eprint/127391/1/127391.pdf https://ir.uitm.edu.my/id/eprint/127391/ |
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