Mohammed Qasem, Ameen Ali and Aripin, Norhani and Wan Hussin, Wan Nordin (2015) An overview of Capital Market Development Fund-Bursa Research Scheme (CBRS). Advanced Science Letters, 21 (5). pp. 1477-1480. ISSN 1936-6612

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Abstract

Capital Market Development Fund—Bursa Research Scheme (CBRS) which is administered by Bursa Malaysia aims to offer timely information to interested investors about registered listed firms through research done by participating analysts.This paper provides an overview about this scheme, including the trend of the participating listed firms and research houses, since it was introduced in 2005.The detailed analysis shows that the number of participating listed firms and research houses in CBRS declined in the later stage of the scheme, raising concerns over its sustainability.It can be concluded that some of the participating listed firms and research houses discontinued their involvement in the CBRS.The possible reason might be the costs outweigh the benefits enjoyed by the participating firms.

Item Type:	Article
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User:	Dr. Norhani Aripin
Date Deposited:	20 Dec 2015 02:42
Last Modified:	17 Apr 2016 00:39
URI:	https://repo.uum.edu.my/id/eprint/16474

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