The impact of ownership structure on stock returns
This paper examines the impact of ownership structure on stock returns of 150 companies listed on Bursa Malaysia in 2008. Ownership structure is characterized by insider ownership and concentrated ownership. Stock return is represented by stock return index. The result showed there is no significant...
| Published in: | CSSR 2010 - 2010 International Conference on Science and Social Research |
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| Main Author: | |
| Format: | Conference paper |
| Language: | English |
| Published: |
2010
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| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-79959648762&doi=10.1109%2fCSSR.2010.5773770&partnerID=40&md5=66badd262faa4af29908617eed17ee23 |
| Summary: | This paper examines the impact of ownership structure on stock returns of 150 companies listed on Bursa Malaysia in 2008. Ownership structure is characterized by insider ownership and concentrated ownership. Stock return is represented by stock return index. The result showed there is no significant relationship between insider ownership and stock returns. However, there is a significant negative relationship between concentrated ownership and stock returns. © 2010 IEEE. |
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| ISSN: | |
| DOI: | 10.1109/CSSR.2010.5773770 |