Che Ahmad, Ayoib and Jusoh, Mohd Abdullah (2014) Institutional ownership and market-based performance indicators: Utilizing generalized least square estimation technique. In: International Conference on Accounting Studies (ICAS) 2014, 18 - 19 August 2014, Putra World Trade Centre, Kuala Lumpur.

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Abstract

This study investigates the relationship between institutional ownership and company performance of public listed companies in Malaysia.Three years panel data of 730 Malaysian public listed companies were examined.The results showed that institutional ownership had positive and significant relationship with Tobin's Q and share price.Therefore, the involvement of institutional investor in monitoring and controlling activities reduced agency conflict and enhanced corporate performance in the emerging economy.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	Published in Procedia Social and Behavioral Sciences, Volume 164 (2014), ISSN 1877-0428 pp. 1-666. Organized by: School of Accountancy, College of Business, Universiti Utara Malaysia.
Uncontrolled Keywords:	Institutional ownership; market-based performance; Malaysia
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	College of Law, Government and International Studies
Depositing User:	Prof. Dr. Ayoib Che Ahmad
Date Deposited:	09 Mar 2015 13:41
Last Modified:	09 Mar 2015 13:41
URI:	https://repo.uum.edu.my/id/eprint/13419

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