Additional Evidence On Board Ownership, Firm Performance And Level Of Diversification: The Case Of Malaysian Firms
This study attempts to examine the relationship between level of diversification and board ownership using bivariate correlation analysis. It further analyses using partial correlation analysis if any of the selected variables act as a common cause variable that correlates level of diversificatio...
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| Format: | Article |
| Language: | en |
| Published: |
Asian Academy of Management (AAM)
2004
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| Subjects: | |
| Online Access: | http://eprints.usm.my/35742/1/AAMJ_9-1-1.pdf http://eprints.usm.my/35742/ http://web.usm.my/aamj/9.1.2004/AAMJ%209-1-1.pdf |
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| _version_ | 1834500771550330880 |
|---|---|
| author | Alias , Norazlan Mat Nor, Fauzias |
| author_facet | Alias , Norazlan Mat Nor, Fauzias |
| author_sort | Alias , Norazlan |
| building | Hamzah Sendut Library |
| collection | Institutional Repository |
| content_provider | Universiti Sains Malaysia |
| content_source | USM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | This study attempts to examine the relationship between level of diversification and
board ownership using bivariate correlation analysis. It further analyses using partial
correlation analysis if any of the selected variables act as a common cause variable that
correlates level of diversification and firm performance and develop a final estimated
regression model using the selected variables extracted from 121 listed companies on the
Kuala Lumpur Stock Exchanges (KLSE). Only concentration of ownership and degree of
shareholders' control shows significant positive correlation. In the multiple regression
analysis, dividend policy remains to be the predictor variable for Tobins' Q as a measure
of firm performance but with a small R square |
| format | Article |
| id | my.usm.eprints.35742 |
| institution | Universiti Sains Malaysia |
| language | en |
| publishDate | 2004 |
| publisher | Asian Academy of Management (AAM) |
| record_format | eprints |
| spelling | my.usm.eprints.35742 http://eprints.usm.my/35742/ Additional Evidence On Board Ownership, Firm Performance And Level Of Diversification: The Case Of Malaysian Firms Alias , Norazlan Mat Nor, Fauzias HD28-70 Management. Industrial Management This study attempts to examine the relationship between level of diversification and board ownership using bivariate correlation analysis. It further analyses using partial correlation analysis if any of the selected variables act as a common cause variable that correlates level of diversification and firm performance and develop a final estimated regression model using the selected variables extracted from 121 listed companies on the Kuala Lumpur Stock Exchanges (KLSE). Only concentration of ownership and degree of shareholders' control shows significant positive correlation. In the multiple regression analysis, dividend policy remains to be the predictor variable for Tobins' Q as a measure of firm performance but with a small R square Asian Academy of Management (AAM) 2004 Article PeerReviewed application/pdf en http://eprints.usm.my/35742/1/AAMJ_9-1-1.pdf Alias , Norazlan and Mat Nor, Fauzias (2004) Additional Evidence On Board Ownership, Firm Performance And Level Of Diversification: The Case Of Malaysian Firms. Asian Academy of Management Journal (AAMJ), 9 (1). pp. 1-11. ISSN 1394-2603 http://web.usm.my/aamj/9.1.2004/AAMJ%209-1-1.pdf |
| spellingShingle | HD28-70 Management. Industrial Management Alias , Norazlan Mat Nor, Fauzias Additional Evidence On Board Ownership, Firm Performance And Level Of Diversification: The Case Of Malaysian Firms |
| title | Additional Evidence On Board Ownership, Firm
Performance And Level Of Diversification:
The Case Of Malaysian Firms |
| title_full | Additional Evidence On Board Ownership, Firm
Performance And Level Of Diversification:
The Case Of Malaysian Firms |
| title_fullStr | Additional Evidence On Board Ownership, Firm
Performance And Level Of Diversification:
The Case Of Malaysian Firms |
| title_full_unstemmed | Additional Evidence On Board Ownership, Firm
Performance And Level Of Diversification:
The Case Of Malaysian Firms |
| title_short | Additional Evidence On Board Ownership, Firm
Performance And Level Of Diversification:
The Case Of Malaysian Firms |
| title_sort | additional evidence on board ownership, firm
performance and level of diversification:
the case of malaysian firms |
| topic | HD28-70 Management. Industrial Management |
| url | http://eprints.usm.my/35742/1/AAMJ_9-1-1.pdf http://eprints.usm.my/35742/ http://web.usm.my/aamj/9.1.2004/AAMJ%209-1-1.pdf |
| url_provider | http://eprints.usm.my/ |