Ownership identity and mitigation of diversification discount: Evidence from Malaysia
This paper examines the mitigation effect of the ultimate ownership identity on the diversification discount under the emerging market’s institutional setting. Using a sample of non-financial listed firms in Malaysia from 2002 to 2013, the study reveals that government ultimate ownership is able to...
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Main Authors: | , |
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Format: | Article |
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Malaysian Economic Association
2018
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Online Access: | http://eprints.sunway.edu.my/1404/ https://mjes.um.edu.my/article/view/11767/7846 https://doi.org/10.22452/MJES.vol55no1.6 |
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Institution: | Sunway University |