Corporate Governance and Institutional Investors: Evidence from Malaysia
MetadataShow full item record
In 2001, Malaysia undertook important corporate governance reforms, which saw theintegration of the Malaysian Code on Corporate Governance (MCCG) into KualaLumpur Stock Exchange (KLSE) Listing Rules and the establishment of the MinorityShareholder Watchdog Group (MSWG), which aims to enhance institutional investoractivism. Following this development, this study investigates the relationship betweencorporate governance and institutional ownership in Malaysia. Our panel analysis of 434firms listed on Bursa Malaysia during 1999–2002 finds that institutional ownership ispositively and significantly related to corporate governance. However, we find that therelationship becomes less positive after 2001, suggesting that the monitoring effects ofinstitutional ownership and corporate governance arise simultaneously andendogenously.
Showing items related by title, author, creator and subject.
Exploring the configuration of strategy, structure and culture – the case of multinational subsidiaries in MalaysiaMohamad, Wardah (2010)The study of organizational strategy, structure and culture has been an area of interest for strategic management research. While there is abundant empirical research on strategic management in the West, little research ...
Abdul Wahab, Effiezal Aswadi; Ariff, A.M.; Madah Marzuki, M.; Mohd Sanusi, S. (2017)Purpose: The purpose of this paper is to examine the relationship between political connections and corporate tax aggressiveness in Malaysia. In addition, this paper investigates the relationship between corporate governance ...
Mucciarone, Maria Anna (2008)During the late 1980s, government agencies in many countries commenced the implementation of public sector management reforms in an effort to improve their efficiency and effectiveness. Many of these reforms arose as a ...