Download or read book The Impact of Ownership Structure and Risk Taking on Performance of Malaysian Banks written by Nora Azureen Abdul Rahman and published by . This book was released on 2013 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Ownership Structure Moral Hazard and Capital Regulation on Risk Taking in Malaysian Banks written by Nora Azureen Abdul Rahman and published by . This book was released on 2012 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Ownership Capital Structure and Firm Performance written by Timezghine Mohammed Rafik and published by . This book was released on 2014 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate governance in the Asian context has witnessed a critical review and investigation from scholars after the Asian Financial crisis in 1997. This is due to the negative effect of ownership structure, which is concentrated, on minority shareholders. Previous studies considered this problem and tried to propose solutions and proposals to come up with efficient corporate governance mechanism. It has been argued that environment with weak legal protection of minority shareholders and inefficient external market and financial institutions is associated with concentrated ownership structure. Literatures in this context provided contradicted arguments about the effect of concentrated ownership in ensuring efficient corporate governance practice and better firm performance. Earlier studies claimed that dispersed ownership is the most efficient structure, where recent studies argued that block holders, such as families state and foreign, showed better governance practice and better firm performance. Within this debate this study tried to contribute to the literature by evaluating the corporate governance practice in Malaysia by focusing on ownership structure and its effect on firm performance and including a new factor, capital structure, to investigate its potential effect on the governance, and taking agency theory as un underlying theoretical background to explain the relationships. Malaysian firms are characterized with concentrated ownership which provides better environment to conduct this study. Based on data collected from the top 100 largest listed companies in Bursa Malaysia, our results showed that after nearly 15 years from the Asian Financial crisis concentrated ownership is still an important component in the Malaysian firms' ownership structure. The results showed further that managerial ownership and leverage are two governance mechanisms which are not used efficiently in governance. Panel Data analysis showed that ownership structure has different relationships with firm performance measurements, negative with the market based measurement (Tobin's Q), and positive with accounting based measurement (ROA), which indicate for potential expropriation of minority shareholders; where managerial ownership recoded negative relationships with both measurements. Foreign and state ownership have positive association with firm value, but state ownership is insignificant, whilst all ownership types are positively related with profitability. By including leverage as a moderating variable the results showed that moderating effect is significant and implies that leverage should be considered as an efficient corporate governance mechanism to ensure better performance and low agency problem.

Download or read book The Malaysian Banking Industry written by Rozaimah Zainudin and published by Routledge. This book was released on 2018-06-27 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides students and academics in finance and banking with the most recent updates and changes in the Malaysian banking sector post-AFC period. The book explores the evolution of banking policies and practices after the "Tomyam Goong Crisis" and investigates the health of Malaysian banks via efficiency measurement. In addition, it also presents the evolution of bank risk management regulations and practices in Malaysia. The book also discusses the effectiveness of the Malaysian bank bailout strategy with comparison to the banks’ bailout in developed countries such as the US. This book is important and timely since there are very limited books in the market that cover the recent developments on Malaysian banking sectors post-AFC period. Hence, this book serves as the valuable resource for all finance and banking students, academic researchers, and practitioners not limited to the Asian region that require in-depth insights on the latest policies and practices in the Malaysian banking sector.

Download or read book Impact of Corporate Governance on Performance Risk and Disclosure written by Sheila Nu Nu Htay and published by LAP Lambert Academic Publishing. This book was released on 2012 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issue of corporate governance is not new since it emerged with the birth of the corporations. However, it becomes an important issue to the Asians, especially Malaysians, due the 1997/98 economics crisis. This study examines the impact of corporate governance on performance, risk and disclosure of the Malaysian listed banks over the period of 1996 to 2005. From the generalized least squares panel data regression; the results show that corporate governance mechanisms such as board leadership structure, board composition and board size as well as ownership variables such as director ownership, institutional ownership and block ownership do not play their roles significantly and consistently in three aspects. i.e. performance, risk and disclosure tested. In addition, by using simultaneous tests, the relationship among performance, risk and disclosure is examined based on the market discipline theory, signaling theory and risk and return theory. It is found that in the Malaysian context, the findings seem to be in line with theoretical expectation of market discipline and signaling theory, but not with risk and return theory.

Download or read book Bank Size and Systemic Risk written by Mr.Luc Laeven and published by International Monetary Fund. This book was released on 2014-05-08 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed SDN documents the evolution of bank size and activities over the past 20 years. It discusses whether this evolution can be explained by economies of scale or “too big to fail” subsidies. The paper then presents evidence on the extent to which bank size and market-based activities contribute to systemic risk. The paper concludes with policy messages in the area of capital regulation and activity restrictions to reduce the systemic risk posed by large banks. The analysis of the paper complements earlier Fund work, including SDN 13/04 and the recent GFSR chapter on “too big to fail” subsidies, and its policy message is in line with this earlier work.

Download or read book Bovernance and Bank Valuation written by Gerard Caprio and published by World Bank Publications. This book was released on 2003 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Which public policies and ownership structures enhance the governance of banks? This paper constructs a new database on the ownership of banks internationally and then assesses the ramifications of ownership, shareholder protection laws, and supervisory/regulatory policies on bank valuations. Except in a few countries with very strong shareholder protection laws, banks are not widely held, but rather families or the State tend to control banks. We find that (i) larger cash flow rights by the controlling owner boosts valuations, (ii) stronger shareholder protection laws increase valuations, and (iii) greater cash flow rights mitigate the adverse effects of weak shareholder protection laws on bank valuations. These results are consistent with the views that expropriation of minority shareholders is important internationally, that laws can restrain this expropriation, and concentrated cash flow rights represent an important mechanism for governing banks. Finally, the evidence does not support the view that empowering official supervisory and regulatory agencies will increase the market valuation of banks"--NBER website

Download or read book Ownership Structure in the Malaysian Corporation Sector written by Fazilah Abdul Samad and published by . This book was released on 2002 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Private Ownership Structure on Risk Taking by Pakistani Banks written by Muhammad Sajjad Hussain and published by . This book was released on 2019 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis of 2007-09 was converted the focus of researchers and regulators toward bank risk-taking and this study is also analyzed the private ownership structure impact on Pakistani bank's risk-taking. This study selects the all Pakistani private banks for investigation and data is collected from financial statements from 2005 to 2016. Most of the past studies found a negative impact of private ownership structure on bank risk-taking and this study is also indicated the negative relationship between private ownership and bank risk taking. On the other, non-performing loans are double than the international standards that highlighted the owner's attention toward high risky investments for high return. Thus, this study suggests that check this relationship with other factors that forced the owner's behavior toward risk.

Download or read book The Impact of Corporate Governance on Performance Risk and Disclosure written by Nu Nu Sheila Htay and published by . This book was released on 2009 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Banking Systems Around the Globe written by James R. Barth and published by World Bank Publications. This book was released on 2000 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical results highlight the downside of imposing certain regulatory restrictions on commercial bank activities. Regulations that restrict banks' ability to engage in securities activities and to own nonfinancial firms are closely associated with more instability in the banking sector, and keeping commercial banks from engaging in investment banking, insurance, and real estate activities does not appear to produce positive benefits.

Download or read book Corporate Governance and Bank Performance written by and published by World Bank Publications. This book was released on 2005 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: "The authors jointly analyze the static, selection, and dynamic effects of domestic, foreign, and state ownership on bank performance. They argue that it is important to include indicators of all the relevant governance effects in the same model. "Nonrobustness" checks (which purposely exclude some indicators) support this argument. Using data from Argentina in the 1990s, their strongest and most robust results concern state ownership. State-owned banks have poor long-term performance (static effect), those undergoing privatization had particularly poor performance beforehand (selection effect), and these banks dramatically improved following privatization (dynamic effect. However, much of the measured improvement is likely due to placing nonperforming loans into residual entities, leaving "good" privatized banks."--World Bank web site.

Download or read book Impact of Ownership Structure on Performance of Banks written by Khadija Ashfaq and published by . This book was released on 2018-09-22 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Ownership Structure on Corporate Debt Policy of Banking Industry in Malaysia written by and published by . This book was released on 2012 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Ownership Structure Capital Regulation and Bank Risk Taking written by Nora Azureen Abdul Rahman and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Structure and Bank Profitability written by Asl? Demirgüç-Kunt and published by World Bank Publications. This book was released on 2000 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries differ in the extent to which their financial systems are bank-based or market-based. The financial systems of Germany and Japan, for example, are considered bank-based because banks play a leading role in mobilizing savings, allocating capital, overseeing investment decisions of corporate managers, and providing risk management vehicles. The systems of the United States, and the United Kingdom are considered more market-based. Using bank-level data for a large number of industrial and developing countries, the authors present evidence about the impact of financial development, and structure on bank performance. They measure the relative importance of bank or market finance by the relative size of stock aggregates, by relative trading or transaction volumes, and by indicators of relative efficiency. They show that in developing countries, both banks and stock markets are less developed, but financial systems tend to be more bank-based. The richer the country, the more active are all financial intermediaries. The greater the development of a country's banks, the tougher is the competition, the greater is the efficiency, and the lower are the bank margins, and profits. The more under-developed the stock market, the greater are the bank profits. But financial structure per se does not have a significant, independent influence on bank margins, and profits.

Download or read book The Effect of Corporate Governance Structure on Corporate Social and Financial Performance of Malaysian Islamic Banks written by Hamidah binti Bani and published by . This book was released on 2014 with total page 912 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social responsibility is incumbent in the foundation of corporate governance of Islamic banks (IBs) and positioned as one of the bank's objective world widely. This research uses stakeholder and agency theories in search of empirical evidences on the achievement of the social objective in Malaysian Islamic banks. It investigates the issue via a questionnaire survey and content analysis of the IBs' annual reports. The survey is carried out with 152 IBs managers aimed to gain insight on the important corporate social performance (CSP) indicators and salient stakeholder groups from the managers' perspective. In general, Islamic bank managers perceived that there were 47 important CSP indicators while different stakeholder interest groups were significantly different in salience for CSP consideration. New stakeholder groups, the government, investment account holder and Zakat were recognized in Islamic banking with the government interest group being the most salient. The content analysis aimed to gauge the actual CSP's /achievement) for various stakeholder interest groups of 11 IBs in Malaysia from 2003 to 2008 and to examine the relationship and effect of corporate governance structures with CSP and the banks' performance. CSP (scored based on the presence of the CSP indicators in the banks' annual report weighted by its perceived importance) in IBs was still marginally low with an average of 52% of the expected performance. Controlling the cultural and national differences, this study found significant improvement in CSP particularly in 2007 and 2008 (years after the issuance of CSR framework for public listed companies (2006) and after the issuance of specific Code of Corporate Governance for Islamic Financial Institutions in Malaysia (2005). However, the significant improvement was neither across all stakeholder groups nor across the time series. CSP in the full-fledged IBs (FFIB) was inactive compared to the Islamic subsidiary banks (ISB). Though generally the CSP in IBs was not encouraging, EGLS regression analysis empirically provided evidences that the board structures particularly the board size and Shari'ah governance structures (size and roles) were significant factors to the banks' CSP (social functions). Only Government ownership (GOwn) had significant effect to ROA while the size of Shariah Committee (ScSize) and the concentrated ownership (IOWN) had significant effect to Tobin Q. Though general analysis found that CG had significant effect on CSP and CSP had significant effect on financial performance, Barron and Kenny (1985) mediating test procedure found that CSP was not a mediating variable in the CG and financial performance relationship.