Institutional investors ownership and firm value: evidence from Malaysia / Nurul Azlin Azmi …[et al.]

• Main Authors: Azmi, Nurul Azlin, Abd Sata, Fazrul Hanim, Abdullah, Norhidayah, Ab Aziz, Noor Hidayah, Ismail, Ida Suriya
• Format: Article
• Language: English
• Published: Accounting Research Institute (ARI) 2021
• Subjects: HG Finance; Investment, capital formation, speculation
• Online Access: https://ir.uitm.edu.my/id/eprint/47435/1/47435.pdf; https://ir.uitm.edu.my/id/eprint/47435/; https://apmaj.uitm.edu.my/index.php/archive
• Institution: Universiti Teknologi Mara

Institutional investors play a significant role as an external watchdog to promote good governance to uphold firm value. The existence of institutional investors as shareholders is able to reduce the agency problem and the costs that arise from shareholder-manager relationship. This study aimed to e...