ICAS Proceedings

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Category: ICAS 2014 Proceedings
Author: Ayoib Che Ahmad, Mohd Abdullah Jusoh
Year: 2014
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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.

Keywords: Institutional ownership; market-based performance; Malaysia

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