Ownership structure and firm performance: The role of R&D
This study aims to examine the impact of ownership structure (i.e. family ownership, government ownership, and foreign ownership) on firm performance, viz. Tobin�s Q and return on assets. The impact of R&D on the relationship between ownership structure and firm performance is also assessed usin...
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Faculty of Economics and Administration
2023
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| author | Ting I.W.K. Kweh Q.L. Lean H.H. Ng J.H. |
| author2 | 57211409300 |
| author_facet | 57211409300 Ting I.W.K. Kweh Q.L. Lean H.H. Ng J.H. |
| author_sort | Ting I.W.K. |
| building | UNITEN Library |
| collection | Institutional Repository |
| content_provider | Universiti Tenaga Nasional |
| content_source | UNITEN Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | This study aims to examine the impact of ownership structure (i.e. family ownership, government ownership, and foreign ownership) on firm performance, viz. Tobin�s Q and return on assets. The impact of R&D on the relationship between ownership structure and firm performance is also assessed using a sample of 201 Malaysian public listed companies for the period of 2002-2011. Findings show that family ownership and foreign ownership positively relate to firm performance, but not government ownership. More importantly, R&D strengthens the relationship between family ownership and foreign ownership with firm performance respectively. While prior studies have shown that ownership structure is related to firm performance, this paper contributes to a new understanding of the role of R&D in moderating the relationship between ownership structure and firm performance. � 2016, Faculty of Economics and Administration. All rights reserved. |
| format | Article |
| id | my.uniten.dspace-22644 |
| institution | Universiti Tenaga Nasional |
| publishDate | 2023 |
| publisher | Faculty of Economics and Administration |
| record_format | dspace |
| spelling | my.uniten.dspace-226442023-05-29T14:11:28Z Ownership structure and firm performance: The role of R&D Ting I.W.K. Kweh Q.L. Lean H.H. Ng J.H. 57211409300 55661469500 15849147600 57191582202 This study aims to examine the impact of ownership structure (i.e. family ownership, government ownership, and foreign ownership) on firm performance, viz. Tobin�s Q and return on assets. The impact of R&D on the relationship between ownership structure and firm performance is also assessed using a sample of 201 Malaysian public listed companies for the period of 2002-2011. Findings show that family ownership and foreign ownership positively relate to firm performance, but not government ownership. More importantly, R&D strengthens the relationship between family ownership and foreign ownership with firm performance respectively. While prior studies have shown that ownership structure is related to firm performance, this paper contributes to a new understanding of the role of R&D in moderating the relationship between ownership structure and firm performance. � 2016, Faculty of Economics and Administration. All rights reserved. Final 2023-05-29T06:11:28Z 2023-05-29T06:11:28Z 2016 Article 2-s2.0-84991704895 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84991704895&partnerID=40&md5=2c12475365890f287a9abb142c5e03ec https://irepository.uniten.edu.my/handle/123456789/22644 8 4 1 21 Faculty of Economics and Administration Scopus |
| spellingShingle | Ting I.W.K. Kweh Q.L. Lean H.H. Ng J.H. Ownership structure and firm performance: The role of R&D |
| title | Ownership structure and firm performance: The role of R&D |
| title_full | Ownership structure and firm performance: The role of R&D |
| title_fullStr | Ownership structure and firm performance: The role of R&D |
| title_full_unstemmed | Ownership structure and firm performance: The role of R&D |
| title_short | Ownership structure and firm performance: The role of R&D |
| title_sort | ownership structure and firm performance: the role of r&d |
| url_provider | http://dspace.uniten.edu.my/ |