Chief executive officer shareholding and company performance of Malaysian publicly listed 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 sampl...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Accounting Research Institute (ARI), Universiti Teknologi MARA (UiTM)
2016
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| Online Access: | http://psasir.upm.edu.my/id/eprint/55280/ http://psasir.upm.edu.my/id/eprint/55280/1/Chief%20executive%20officer%20shareholding%20and%20company%20performance%20of%20Malaysian%20publicly%20listed%20companies.pdf |
| _version_ | 1848852760189992960 |
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| author | Heng, Soon Eng Ong, Tze San Teh, Boon Heng |
| author_facet | Heng, Soon Eng Ong, Tze San Teh, Boon Heng |
| author_sort | Heng, Soon Eng |
| building | UPM Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T10:43:12Z |
| format | Article |
| id | upm-55280 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:43:12Z |
| publishDate | 2016 |
| publisher | Accounting Research Institute (ARI), Universiti Teknologi MARA (UiTM) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-552802019-04-11T02:22:47Z http://psasir.upm.edu.my/id/eprint/55280/ Chief executive officer shareholding and company performance of Malaysian publicly listed companies Heng, Soon Eng Ong, Tze San 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 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. Accounting Research Institute (ARI), Universiti Teknologi MARA (UiTM) 2016-06-30 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/55280/1/Chief%20executive%20officer%20shareholding%20and%20company%20performance%20of%20Malaysian%20publicly%20listed%20companies.pdf Heng, Soon Eng and Ong, Tze San and Teh, Boon Heng (2016) Chief executive officer shareholding and company performance of Malaysian publicly listed companies. Asia-Pacific Management Accounting Journal, 11 (1). pp. 115-133. ISSN ISSN: 1675-31942; ESSN: 550-1631 http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/387> |
| spellingShingle | Heng, Soon Eng Ong, Tze San Teh, Boon Heng Chief executive officer shareholding and company performance of Malaysian publicly listed companies |
| title | Chief executive officer shareholding and company performance of Malaysian publicly listed companies |
| title_full | Chief executive officer shareholding and company performance of Malaysian publicly listed companies |
| title_fullStr | Chief executive officer shareholding and company performance of Malaysian publicly listed companies |
| title_full_unstemmed | Chief executive officer shareholding and company performance of Malaysian publicly listed companies |
| title_short | Chief executive officer shareholding and company performance of Malaysian publicly listed companies |
| title_sort | chief executive officer shareholding and company performance of malaysian publicly listed companies |
| url | http://psasir.upm.edu.my/id/eprint/55280/ http://psasir.upm.edu.my/id/eprint/55280/ http://psasir.upm.edu.my/id/eprint/55280/1/Chief%20executive%20officer%20shareholding%20and%20company%20performance%20of%20Malaysian%20publicly%20listed%20companies.pdf |