Factors influencing the performance of family controlled publicly-listed firms in Malaysia

Sin Huei Ng, Ken Yeoh, Chee Kwong Lau, Philip Shrives

    Research output: Contribution to journalArticlepeer-review

    Abstract

    While highly concentrated equity ownership of publicly-listed firms is a common phenomenon in most developing capital markets worldwide, the various factors that influence the performance of firms controlled specifically by family blockholders is only partially understood at present. Therefore, we scrutinize the many channels/means by which this distinctive phenomenon manifests itself. On the basis of data covering 84 of the largest Malaysian publicly-listed, family-controlled firms in 2008, we found that the performance of family-controlled firms are significantly influenced by characteristics such as ethnicity of controlling families (context-specific), nature of family involvement in firm management and presence of other blockholders.
    Original languageEnglish
    Pages (from-to)179-206
    JournalReview of Integrative Business and Economics
    Volume1
    Issue number1
    Publication statusPublished - Jul 2012

    Fingerprint Dive into the research topics of 'Factors influencing the performance of family controlled publicly-listed firms in Malaysia'. Together they form a unique fingerprint.

    Cite this