Analysis Of Corporate Control: Can The Voting Power Index Outshine Shareholding Size?

• Main Authors: Bajuri, Norkhairul Hafiz, Chakravarty, Shanti, Hashim, Noor Hazarina
• Format: Article
• Language: English
• Published: Asian Academy of Management (AAM) 2014
• Subjects: HD28-70 Management. Industrial Management
• Online Access: http://eprints.usm.my/39943/1/AAMJAF_10-1-4-G1_%2875-94%29.pdf; http://eprints.usm.my/39943/; http://web.usm.my/journal/aamjaf/10-1-4-2014.html
• Institution: Universiti Sains Malaysia

Shareholding size is a poor proxy for corporate control. At best it reflects an investor’s wealth relative to other shareholders and, most importantly, the distribution of rights to a company’s worth and the related exposure to risk. Shareholding size does not actually show an investor’s strength...