Can informal corporate governance mechanisms mitigate diversification discount? Evidence from Malaysia

• Main Authors: Lee, Kian Tek *, Hooy, C. W.
• Format: Article
• Published: Emerald 2018
• Subjects: HF Commerce
• Online Access: http://eprints.sunway.edu.my/1396/; http://doi.org/10.1108/IJMF-02-2018-0040
• Institution: Sunway University

Purpose: The purpose of this paper is to examine whether any specific informal corporate governance mechanisms under consideration in this study, namely, political connection, business group affiliation and ownership concentration, are able to mitigate the diversification discount for emerging-marke...