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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Main Authors: Heng, Soo Eng, Ong, Tze San, Teh, Boon Heng
Format: Article
Language:English
Published: Faculty of Accountancy 2016
Subjects:
Online Access: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
id uitm-16074
recordtype eprints
spelling 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/
repository_type 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
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