Political connection types and investors’ perceived risk : evidence from Malaysia

• Main Authors: Mas Nordiana Rusli, Norman Mohd. Saleh, Hafizuddin-Syah B.A.M., Mohamat Sabri Hassan
• Format: Article
• Language: English
• Published: Penerbit Universiti Kebangsaan Malaysia 2019
• Online Access: http://journalarticle.ukm.my/19182/1/35874-118969-1-PB.pdf; http://journalarticle.ukm.my/19182/; https://ejournal.ukm.my/ajac/issue/view/1225
• Institution: Universiti Kebangsaan Malaysia

This study examines the pervasive political influence in Malaysian businesses, specifically the investors’ perceived risk of political connection. A sample of 312 firm-year observations between 2014 to 2017 reveals that politically connected Malaysian firms are less likely to be perceived as risky...