The Impact Of Owner Ship Concentration On Financially Distressed Firms Listed On Malaysian Stock Exchange
Author(s)
Nadeem Ahmed Khan , Adeel Mustafa ,
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Abstract
After the corporate default of major corporations in the past years such as Enron Lehman Brothers etc the study has been a major area for research the default of us based giants has act as a distress and alarming situation for emerging economies with different areas of research regarding corporate defaults this paper focuses on examining the relationship of ownership structure with the performance of a firm through financial performance ratios and default of publically listed companies on Malaysian stock exchanges. Results suggested defaulted firms ownership concentration is unable to show significant relationship with the performance of these firms.
Keywords
concentration of shares, corporate default, firm performance
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