The Influence of Ownership Structure, Corporate Governance, Investment Decision, Financial Decision and Dividend Policy on the Value of the Firm Manufacturing Companies Listed on The Indonesian Stock Exchange

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ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Influence of Ownership Structure, Corporate Governance, Investment Decision, Financial Decision and Dividend Policy on the Value of the Firm Manufacturing Companies Listed on The Indonesian Stock Exchange by : Muhammad Nasrum

Download or read book The Influence of Ownership Structure, Corporate Governance, Investment Decision, Financial Decision and Dividend Policy on the Value of the Firm Manufacturing Companies Listed on The Indonesian Stock Exchange written by Muhammad Nasrum and published by . This book was released on 2013 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study aims to determine the significance of the effect of ownership structure, corporate governance, investment decisions, financial decisions and dividend policy on the value of the firm. The data used in this study are secondary data, the stock ownership structure data, the number of audit committee, the board of directors, the proportion of independent commissioners, the number and price of shares and the annual financial statement data of manufacturing companies listed on Stock Exchanges of Indonesia. The primary data were obtained through questionnaires distribution. The population are all listed manufacturing companies in Indonesian stock exchange and forty samples were selected by means of simple random sampling technique for the period of 9 years (2000-2009). The analysis procedure was path analysis consisting of four sub-structure. The study indicates that the ownership structure and corporate governance have a positive influence on investment decisions. On the contrary, both have a negative effect on the financial decisions. Meanwhile, the investment decisions have a positive influence on financial decisions. Both ownership structure and corporate governance have a positive influence on dividend policy, while making investment and financial decisions would negatively affect the dividend policy. Ownership structure, corporate governance, investment decision, financing decision, and dividend policy have a positive influence on the value of the firm.

The Influence of Ownership Structure and Corporate Governance to the Investment Decision Companies Listed on the Indonesian Stock Exchange

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Influence of Ownership Structure and Corporate Governance to the Investment Decision Companies Listed on the Indonesian Stock Exchange by : Andi Tari

Download or read book The Influence of Ownership Structure and Corporate Governance to the Investment Decision Companies Listed on the Indonesian Stock Exchange written by Andi Tari and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study aims to determine the significance of the effect of ownership structure, corporate governance to investment decisions manufacture companies listed on the Indonesian stock exchange. Data used in this study is secondary and primary using 40 sample companies manufacturing. The results indicated that the ownership structure, and corporate governance have a positive effect on investment decisions. Positive effect of ownership structure and corporate governance on investment decisions caused by the ownership is still concentrated to the owners and insider holdings.

Manufacturer Company's Dividend, Investment, and Finance Policy Also Companies Value in Indonesian Stock Exchange

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Manufacturer Company's Dividend, Investment, and Finance Policy Also Companies Value in Indonesian Stock Exchange by : Rowland Bismark Pasaribu

Download or read book Manufacturer Company's Dividend, Investment, and Finance Policy Also Companies Value in Indonesian Stock Exchange written by Rowland Bismark Pasaribu and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study aimed to get empirical evidence about the influence of dividend Policy, investment decisions, funding decisions, managerial ownership and institutional ownership to firm's value. The result proves that simultaneously, dividend policy, investment decisions, funding decisions, managerial ownership, and institutional ownership has significant effect on firm's value, while partially only Investment and financing decisions that significantly influence the firm's values.

The Influence of Investment Decisions and Funding Decisions on the Value of Companies with Ownership Structure as Moderated Variables in Manufacturing Companies Listed in Indonesia Stock Exchange (BEI).

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ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Influence of Investment Decisions and Funding Decisions on the Value of Companies with Ownership Structure as Moderated Variables in Manufacturing Companies Listed in Indonesia Stock Exchange (BEI). by : Aqimissolati

Download or read book The Influence of Investment Decisions and Funding Decisions on the Value of Companies with Ownership Structure as Moderated Variables in Manufacturing Companies Listed in Indonesia Stock Exchange (BEI). written by Aqimissolati and published by . This book was released on 2020 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: This study examines the effect of investment decisions and funding decisions on firm value with institutional ownership as a moderating variable. In this study, investment decisions are measured by Current Asset to Total Assets (CATA) and Fixed Assets to Total Assets (FATA) while funding decisions are measured by Debt Equity Ratio (DER), institutional ownership is measured by (INST) and company value is measured by EV / EBITDA. Purpose: Analyzing the influence of investment decisions and funding decisions on the company's value in the manufacturing sector listed on the Indonesia Stock Exchange in 2014-2017. Results: The results showed that there was a positive and significant effect between CATA and DER on EV / EBITDA, while FATA had no effect on EV / EBITDA. Conclusions: The study was conducted on companies listed on the Indonesia Stock Exchange in the period 2014 to 2017. This study used as many as 87 manufacturing companies that met the criteria of sampling. This study was analyzed using multiple regression analysis and interaction tests and study also found that INST can strengthen the relationship between CATA and EV / EBITDA, weaken the relationship of DER and EV / EBITDA, and INST does not moderate the relationship between FATA and EV / EBITDA. The results of this study can be used by investors as a material consideration in terms of investment decisions and funding decisions, especially in manufacturing companies in Indonesia. Investors can choose a company that has good financial decisions and an appropriate portion of institutional ownership.

ICBAE 2022

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Publisher : European Alliance for Innovation
ISBN 13 : 1631903640
Total Pages : 1100 pages
Book Rating : 4.6/5 (319 download)

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Book Synopsis ICBAE 2022 by : Bima Cinintya Pratama

Download or read book ICBAE 2022 written by Bima Cinintya Pratama and published by European Alliance for Innovation. This book was released on 2022-08-23 with total page 1100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 3rd International Conference of Business, Accounting, and Economics (ICBAE) 2022 continued the agenda to bring together researchers, academics, experts and professionals in examining selected themes by applying multidisciplinary approaches. This conference is the third intentional conference held by the Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto and it is a bi-annual agenda of this faculty. In 2022, this event will be held on 10-11 August at the Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto. The theme of the 3rd ICBAE UMP 2022 is “Innovation in Economic, Finance, Business, and Entrepreneurship for Sustainable Economic Development”. It is expected that this event may offer a contribution for both academics and practitioners to conduct research related to Business, Accounting, and Economics Related Studies. Each contributed paper was refereed before being accepted for publication. The double-blind peer review was used in the paper selection.

Dividend Policy and Corporate Governance

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Publisher : OUP Oxford
ISBN 13 : 0191531812
Total Pages : 204 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Dividend Policy and Corporate Governance by : Luis Correia da Silva

Download or read book Dividend Policy and Corporate Governance written by Luis Correia da Silva and published by OUP Oxford. This book was released on 2004-02-26 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dividends are not only a signal about a firm's prospects under asymmetric information, but they can also act as a corporate governance device to align the management's interests with those of the shareholders. Dividend Policy and Corporate Governance is the first comprehensive volume on the relationship between dividend policy and corporate governance, and examines in detail empirical studies and current theories. Reviewing the interactions between dividend policy and other corporate governance mechanisms, it compares results for the UK and the US with those for other countries such as France, Germany, and Japan, and provides new empirical evidence on corporate governance in continental Europe and its impact on dividends. Focusing on one of the main representatives of this system, Germany, it highlights major differences between the dividend policies of German firms and those of UK or US firms. Conventional wisdom states that German dividends are lower than UK or US dividends, yet on a published-profits basis the exact converse is true. In addition, the authors demonstrate a link between corporate control structures and dividend payouts, report evidence that the existence of a loss is an additional determinant of dividend changes, and demonstrate that the tax status of the controlling shareholder and the firm's dividend payout are not linked. The conclusions reached in this book have important implications for the current debate on corporate governance, making it invaluable for academics, finance professionals, regulators, and legal advisors.

Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Economic Matters (ICOSTELM 2022)

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Publisher : Springer Nature
ISBN 13 : 2384761129
Total Pages : 256 pages
Book Rating : 4.3/5 (847 download)

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Book Synopsis Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Economic Matters (ICOSTELM 2022) by : Tulus Suryanto

Download or read book Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Economic Matters (ICOSTELM 2022) written by Tulus Suryanto and published by Springer Nature. This book was released on 2024-01-03 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book.It is our great pleasure to announce the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Economic Matters (ICOSTELM 2022, host to host) and we would like to invite you to participate in the event. The conference will be held on 04 – 05 November 2022 in hybrid .The main objective of the multidisciplinary conference is to provide a platform for researchers, professionals, scholars and academicians to exchange and share their knowledge, information, new ideas and experience in person with their peers expected to join from different parts on the world. This gathering will help the delegates to establish research or business relations as well as to find international linkage for future collaborations in their career path. We hope that ICOSTELM 2022 outcome will lead to significant contributions to the knowledge base in these up-to-date scientific fields in scope. In addition, this conference will also offer opportunities for academicians, researchers, engineers, economist, entrepreneurs, journalist, and industry experts to meet and interact with local and international participants. This conference is organized by STEBI Lampung Indonesia, Coorporation With Asia e University Malaysia, Universiti Teknologi MARA (UITM) Shah Alam, Universiti Teknologi MARA (UITM) Cawangan Pulau Pinang Malaysia , International Balkan University Skopje North Macedonia, Geomatica Universiti College Malaysia, Faculty of Law Universitas Diponegoro , Universitas Pembangunan Veteran Jakarta , Universitas Islam Negeri Datokarama Palu, Universitas Jenderal Achmad Yani (UNJANI) Bandung, Universitas Sultan Ageng Tirtayasa Banten, Universitas Tarumanegara, Universitas Islam Negeri Antasari Banjarmasin and Magister Ilmu Pemerintahan FISIP - UNILA

The Influence of Tax Planning, Dividend Policy and Institutional Ownership on Firm Value

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Influence of Tax Planning, Dividend Policy and Institutional Ownership on Firm Value by : Muhammad Tafsir

Download or read book The Influence of Tax Planning, Dividend Policy and Institutional Ownership on Firm Value written by Muhammad Tafsir and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study aims to identify & analyze the impact of tax planning, dividend policy & corporate ownership on the business cost of manufacturing companies in the food and beverage sub-sector traded on the Indonesian Stock Exchange for 2017-2020. The data collection uses secondary data from financial reports available at www.idx.co.id and shares 104 data for the period 2017-2020 of manufacturing companies in the Indonesian Stock Exchange-listed food and beverage sub-sector. Observations. The samples taken were 36 observations. The results of the study of data variables were tested against the classical hypothesis in the form of the normality hypothesis, the multicollinearity hypothesis and the heteroscedasticity hypothesis. The data analysis method uses multiple linear regression and hypothesis testing; after the data collected, the data is analyzed using multiple linear regression and hypothesis testing; after the data is collected, the data is analyzed. Use the Statistics Product and Service Solution (SPSS) version 21 program. The results of the survey show that the tax plan asa, measured by the effective tax rate, has a negative impact on corporate value with little impact. Dividend policies measured using the Dividend Payment Rate have a significant positive effect on a company's value. Institutional Ownership positively Price Book value.

Emerging Markets

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Publisher : CRC Press
ISBN 13 : 1439804508
Total Pages : 870 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Emerging Markets by : Greg N. Gregoriou

Download or read book Emerging Markets written by Greg N. Gregoriou and published by CRC Press. This book was released on 2009-06-26 with total page 870 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although emerging market economies consist of 50% of the global population, they are relatively unknown. Filling this knowledge gap, Emerging Markets: Performance, Analysis and Innovation compiles the latest research by noteworthy academics and money managers from around the world. With a focus on both traditional emerging markets and new areas, su

The Relationship Between Firms’ Dividend Policies, Dividend Announcements And Firm Value

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Publisher : Nida Yayıncılık
ISBN 13 : 6057225678
Total Pages : 62 pages
Book Rating : 4.0/5 (572 download)

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Book Synopsis The Relationship Between Firms’ Dividend Policies, Dividend Announcements And Firm Value by : Merve Arslan

Download or read book The Relationship Between Firms’ Dividend Policies, Dividend Announcements And Firm Value written by Merve Arslan and published by Nida Yayıncılık. This book was released on 2023-10-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction In today’s finance literature, the main goal of company owners and managers is to maximize the market value of their companies. There are three main decisions that determine the value of companies. These decisions (Akgüç, 2010: 5); • Investment decisions, • Financing decisions, • Dividend policy decisions. When making decisions regarding the company’s investment, financing and dividend distribution, the financial manager must investigate which decision will maximize the company value and implement it. Dividend policy includes decisions about how much of the company’s profit earned at the end of the year will be distributed to shareholders as dividends and how much will not be distributed and left within the company. Investors prefer to invest their savings in stocks that will provide regular and high dividend yields. However, expecting the company to pay high dividends and expecting it to grow are two conflicting goals. A company that distributes high dividends will do less self-financing. The dividend policy determined by company managers should not hinder the growth of the company and should also meet the dividend expectations of the shareholders (Demirel, 2014: 93). Investors will prefer to invest their savings in the stocks of companies that pay stable dividends. If companies pay dividends consistently, investors will perceive the company as being in good shape. This study aims to determine whether companies announcing to the public that they will pay dividends will cause abnormal returns in the stocks of the relevant companies. In other words, the impact of companies’ decision to distribute dividends on the value of the relevant companies was investigated. According to the efficient markets hypothesis, in semi-strong form efficient markets, firms cannot obtain abnormal returns on their stocks with any information they disclose to the public. With this study, it will be determined how the company value is affected when companies’ dividend distribution decisions are announced to the public. Moreover, it will be revealed to what extent the capital market in Turkey is effective in semi-strong form.

Share Ownership and Corporate Performance

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Publisher : Independently Published
ISBN 13 : 9781709549304
Total Pages : 116 pages
Book Rating : 4.5/5 (493 download)

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Book Synopsis Share Ownership and Corporate Performance by : Jayesh Kumar

Download or read book Share Ownership and Corporate Performance written by Jayesh Kumar and published by Independently Published. This book was released on 2021-03-07 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This MPhil thesis examines whether the corporate governance framework (ownership structure) influence the firm performance and dividends payout policy. We consider the effect of interactions between corporate, foreign, institutional, and managerial ownership on the firm performance and profits payout policy for an unbalanced panel of 2478 Indian corporate firms over 1994 to 2000.We find that after controlling for observed firm characteristics and unobserved firm heterogeneity, using a fixed-effects panel data framework, the shareholding by institutional investors and directors affects firm performance. We also find that the equity ownership by dominant group influences firm-performance only in case of managerial ownership. We find no evidence in favor of the endogeneity of ownership structure. Unobserved firm heterogeneity is found to be significant. We also find that the ownership by foreign and corporates does not influence firm performance.In analyzing the dividends payout behavior, we suggest an empirical model explain the dividend payout behavior, with the help of a firm's financial structure and investment opportunities along with dividends, earnings, and ownership structure. Using a fixed-effects panel data approach, we find evidence of dividends' dependence on past dividends. Ownership by the corporate and directors is positively related to profits payout in level, and corporate ownership is negatively related in its square. Institutional ownership has an inverse effect on dividends in comparison to corporate ownership in standards as well as in its squares.We find no evidence in favor of an association between foreign ownership and dividend payout growth. We also find support for the hypothesis of a positive association between dividends and past earnings. Debt equity is found to be negatively associated, whereas recent investment opportunities are positively associated with dividends payout. We do not find evidence of the tax or group affiliation effect on payout policy.

The Impact of Ownership Concentration, Structure, and Corporate Governance to the Firm's Performance and Credit Rating

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Publisher :
ISBN 13 :
Total Pages : 69 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Impact of Ownership Concentration, Structure, and Corporate Governance to the Firm's Performance and Credit Rating by : Eka Anas

Download or read book The Impact of Ownership Concentration, Structure, and Corporate Governance to the Firm's Performance and Credit Rating written by Eka Anas and published by . This book was released on 2015 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this paper is to provide evidence whether firms with more or less concentrated ownership and better corporate governance will have better performance and enjoy higher credit ratings, as default risk will be reduced. While some theories and empirical studies suggest that ownership structure affects firms' performance, some others suggest there is no such relationship. Also whether the practice of corporate governance is for the appearance of compliance to the regulation only and therefore it does not have positive impact to the shareholders and creditors.This paper investigates the relationship between ownership concentration and structure, governance mechanism and firm performance in Indonesia listed companies for a sample of 271 firms during 2006.The results of the regressions tend to support the above hypothesis. In Indonesia, companies are still dominated by single largest or majority shareholders, with its positive effect that it will minimize the agency cost with the management, thus improves performance.

Dividend Payout Ratio of Manufacturer Companies in Indonesian Stock Exchange

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Dividend Payout Ratio of Manufacturer Companies in Indonesian Stock Exchange by : Rowland Bismark Pasaribu

Download or read book Dividend Payout Ratio of Manufacturer Companies in Indonesian Stock Exchange written by Rowland Bismark Pasaribu and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study aims to analyze and empirically test the significance of partial and simultaneous effect of insider ownership, DER, ROE, firm size, IOS, PER, and EPS dividend payout ratio in manufacturing companies in Indonesia Stock Exchange of 2008-2013 period. The results showed that partially turned out just ROE, IOS, PER, and EPS significantly influence of dividend payout ratio, while the insider ownership, DER, and firm size does not affect significant. Meanwhile simultaneously, all variables INSDOWN, DER, ROE, FSIZE, IOS, PER, EPS significantly influence DPR.

OECD Principles of Corporate Governance

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Publisher : OECD Publishing
ISBN 13 : 9264173706
Total Pages : 42 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis OECD Principles of Corporate Governance by : OECD

Download or read book OECD Principles of Corporate Governance written by OECD and published by OECD Publishing. This book was released on 1999-10-06 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: These principles of corporate governance, endorsed by the OECD Council at Ministerial level in 1999, provide guidelines and standards to insure inclusion, accountability and abilit to attract capital.

The Effect Ownership Structure on Earning Quality (Empirical Study of Manufacturing Companies Listed on Indonesia Stock Exchange).

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Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Effect Ownership Structure on Earning Quality (Empirical Study of Manufacturing Companies Listed on Indonesia Stock Exchange). by : Marselinus Asri

Download or read book The Effect Ownership Structure on Earning Quality (Empirical Study of Manufacturing Companies Listed on Indonesia Stock Exchange). written by Marselinus Asri and published by . This book was released on 2017 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The researcher is conducted with the aim of examining the effect of ownership structure, which consists of institutional ownership and managerial ownership of the quality of earning and firm value. The population in this research is manufacturing companies listed in Indonesia Stock Exchange (BEI) from 2010 to 2015. The companies selected through a purposive sampling method.Institutional ownership has a positive and significant impact on earnings quality. Managerial ownership has a positive but insignificant effect on earnings quality. The quality of earnings has a positive and significant influence on the value of the firm. Institutional ownership has a positive and significant influence on firm value. Managerial ownership has a negative but insignificant effect on firm value.

International Corporate Governance

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Publisher : Emerald Group Publishing
ISBN 13 : 0857249150
Total Pages : 210 pages
Book Rating : 4.8/5 (572 download)

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Book Synopsis International Corporate Governance by : Kose John

Download or read book International Corporate Governance written by Kose John and published by Emerald Group Publishing. This book was released on 2011-03-31 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents research on corporate governance from a number of countries across the world, including the United States, Spain, Malaysia, Israel and others. This title examines many important corporate governance mechanisms, such as board characteristics, ownership structure, legal protection of shareholders, and annual general meetings.

Firm Performance and Corporate Governance Through Ownership Structure

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Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Firm Performance and Corporate Governance Through Ownership Structure by : Mahmood Osman Imam

Download or read book Firm Performance and Corporate Governance Through Ownership Structure written by Mahmood Osman Imam and published by . This book was released on 2013 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how corporate governance is practiced through ownership structure and how firm's performance as well as its dividend payout policy is influenced by different ownership pattern. In doing so, this paper attempts to investigate the pattern of ownership mix and ownership concentration scenario towards sponsorship in Bangladesh, the relationship between the ownership structure and firm performance and finally the impact of ownership structure upon firm's dividend payout policy. An analysis has been made as evidence taking all listed non-financing firms from the Dhaka Stock Exchange. There are several alternative corporate governance mechanisms, which may play an important role to improve firm's performance. Here ownership structure has been considered as an effective tool of corporate governance. In this study, the relations between firm's return and value with ownership variables along with firm's specific variables controlling the industry effects have been examined. Using the data from two sample points of 2000 and 2003, it is shown that a large fraction of cross-sectional variation in performance, found in several studies, is explained by unobserved firm heterogeneity, rather than the shareholders holding. Our empirical results provide evidence that foreign holding is positively and significantly related to the firm performance as measured by firm's holding period returns and Tobin's Q, and the relationship is a monotonic one. We also provide empirical evidence that firms with high institutional ownership and firms with concentrated ownership pay high and less dividend payout respectively.