Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng
This study aims to investigate the relationship between chief executive officer (CEO) shareholding and company performance. Specifically, the study investigates the influence of the level of direct and indirect CEO shareholdings on the market growth, profitability and liquidity of companies. A sampl...
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uitm-160742017-02-02T08:55:21Z http://ir.uitm.edu.my/id/eprint/16074/ Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng Heng, Soo Eng Ong, Tze San Teh, Boon Heng Financial management. Business finance. Corporation finance Trust services. Trust companies This study aims to investigate the relationship between chief executive officer (CEO) shareholding and company performance. Specifically, the study investigates the influence of the level of direct and indirect CEO shareholdings on the market growth, profitability and liquidity of companies. A sample comprising 59 companies was obtained from Bursa Malaysia within a five-year period from 2009 to 2013. Results reveal that most CEOs of Malaysian listed companies own company shares either directly or indirectly. The CEOs of listed companies in Malaysia tend to retain controlling stakes by possessing a significant amount of shares in their companies. As a result, these companies demonstrate improved financial performance. Faculty of Accountancy 2016 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/16074/1/AJ_HENG%20SOO%20ENG%20APMAA%2016.pdf Heng, Soo Eng and Ong, Tze San and Teh, Boon Heng (2016) Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng. Asia-Pacific Management Accounting Journal (APMAJ), 11 (1). pp. 116-133. ISSN 1675-3194 https://apmaj.uitm.edu.my/ |
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Digital Repository |
institution_category |
Local University |
institution |
Universiti Teknologi MARA |
building |
UiTM Institutional Repository |
collection |
Online Access |
language |
English |
topic |
Financial management. Business finance. Corporation finance Trust services. Trust companies |
spellingShingle |
Financial management. Business finance. Corporation finance Trust services. Trust companies Heng, Soo Eng Ong, Tze San Teh, Boon Heng Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng |
description |
This study aims to investigate the relationship between chief executive officer (CEO) shareholding and company performance. Specifically, the study investigates the influence of the level of direct and indirect CEO shareholdings on the market growth, profitability and liquidity of companies. A sample comprising 59 companies was obtained from Bursa Malaysia within a five-year period from 2009 to 2013. Results reveal that most CEOs of Malaysian listed companies own company shares either directly or indirectly. The CEOs of listed companies in Malaysia tend to retain controlling stakes by possessing a significant amount of shares in their companies. As a result, these companies demonstrate improved financial performance. |
format |
Article |
author |
Heng, Soo Eng Ong, Tze San Teh, Boon Heng |
author_facet |
Heng, Soo Eng Ong, Tze San Teh, Boon Heng |
author_sort |
Heng, Soo Eng |
title |
Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng |
title_short |
Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng |
title_full |
Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng |
title_fullStr |
Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng |
title_full_unstemmed |
Chief executive officer shareholding and company performance of Malaysian publicly listed companies / Heng Soo Eng, Ong Tze San and Teh Boon Heng |
title_sort |
chief executive officer shareholding and company performance of malaysian publicly listed companies / heng soo eng, ong tze san and teh boon heng |
publisher |
Faculty of Accountancy |
publishDate |
2016 |
url |
http://ir.uitm.edu.my/id/eprint/16074/ http://ir.uitm.edu.my/id/eprint/16074/ http://ir.uitm.edu.my/id/eprint/16074/1/AJ_HENG%20SOO%20ENG%20APMAA%2016.pdf |
first_indexed |
2023-09-18T22:55:18Z |
last_indexed |
2023-09-18T22:55:18Z |
_version_ |
1777417813288288256 |