Large blockholding and financial risk / Mas Nordiana Hj Rusli

The objective of this study is to examine the relationship between large blockholding and financial risk. The regression analysis was performed on the sample of 571 firms listed in Bursa Malaysia for year 2012. The result of the study highlighted that financial risk was negatively related with large...

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Bibliographic Details
Main Author:	Hj Rusli, Mas Nordiana
Format:	Thesis
Language:	English
Published:	2013
Online Access:	http://ir.uitm.edu.my/id/eprint/17178/ http://ir.uitm.edu.my/id/eprint/17178/2/TM_MAS%20NORDIANA%20%20RUSLI%20AC%2013_5.pdf

id	uitm-17178
recordtype	eprints
spelling	uitm-171782018-10-30T06:19:59Z http://ir.uitm.edu.my/id/eprint/17178/ Large blockholding and financial risk / Mas Nordiana Hj Rusli Hj Rusli, Mas Nordiana The objective of this study is to examine the relationship between large blockholding and financial risk. The regression analysis was performed on the sample of 571 firms listed in Bursa Malaysia for year 2012. The result of the study highlighted that financial risk was negatively related with large blockholdings. Since Malaysian capital market is rich with family business, examination on large family blockholders further seems to have similar results as large blockholdings. Similar result was also shown by institutional blockholding where it was found to be significantly inverse relationship with financial risk. This could be due to the reason that institutional shareholding provides better monitoring thus reducing the risk associated within the companies. On the other hand, government intervention through privatization was found to have strong relationship with financial risk. This result implies that government blockholders prefer higher financial risk as they are usually bailed out by the government in case of financial failure. The result of this study is robust after controlling the industries effects. 2013 Thesis NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/17178/2/TM_MAS%20NORDIANA%20%20RUSLI%20AC%2013_5.pdf Hj Rusli, Mas Nordiana (2013) Large blockholding and financial risk / Mas Nordiana Hj Rusli. Masters thesis, Universiti Teknologi MARA.
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
description	The objective of this study is to examine the relationship between large blockholding and financial risk. The regression analysis was performed on the sample of 571 firms listed in Bursa Malaysia for year 2012. The result of the study highlighted that financial risk was negatively related with large blockholdings. Since Malaysian capital market is rich with family business, examination on large family blockholders further seems to have similar results as large blockholdings. Similar result was also shown by institutional blockholding where it was found to be significantly inverse relationship with financial risk. This could be due to the reason that institutional shareholding provides better monitoring thus reducing the risk associated within the companies. On the other hand, government intervention through privatization was found to have strong relationship with financial risk. This result implies that government blockholders prefer higher financial risk as they are usually bailed out by the government in case of financial failure. The result of this study is robust after controlling the industries effects.
format	Thesis
author	Hj Rusli, Mas Nordiana
spellingShingle	Hj Rusli, Mas Nordiana Large blockholding and financial risk / Mas Nordiana Hj Rusli
author_facet	Hj Rusli, Mas Nordiana
author_sort	Hj Rusli, Mas Nordiana
title	Large blockholding and financial risk / Mas Nordiana Hj Rusli
title_short	Large blockholding and financial risk / Mas Nordiana Hj Rusli
title_full	Large blockholding and financial risk / Mas Nordiana Hj Rusli
title_fullStr	Large blockholding and financial risk / Mas Nordiana Hj Rusli
title_full_unstemmed	Large blockholding and financial risk / Mas Nordiana Hj Rusli
title_sort	large blockholding and financial risk / mas nordiana hj rusli
publishDate	2013
url	http://ir.uitm.edu.my/id/eprint/17178/ http://ir.uitm.edu.my/id/eprint/17178/2/TM_MAS%20NORDIANA%20%20RUSLI%20AC%2013_5.pdf
first_indexed	2023-09-18T22:57:43Z
last_indexed	2023-09-18T22:57:43Z
_version_	1777417965965148160

Large blockholding and financial risk / Mas Nordiana Hj Rusli

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