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- W1695754002 abstract "The study investigates the issues of financial constraints in Malaysia. Using a sample of 196 Malaysian public listed firms, the findings show that generally firms do not face financial constraints in Malaysia. However, the presence of large shareholder reduces the use of external financing and emphasis on internal cash flow for firms' investment. The coalition effects of top three large shareholders are found to reduce the dependence on internal cash flow for investment. Moreover, directors' compensation measured as incentive ratio is found to accelerate investments through internal cash flow and external debt financing." @default.
- W1695754002 created "2016-06-24" @default.
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- W1695754002 date "2014-03-01" @default.
- W1695754002 modified "2023-09-24" @default.
- W1695754002 title "Financial Constraints, Executive Compensations and Large Shareholders in Malaysia" @default.
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- W1695754002 doi "https://doi.org/10.6160/2014.03.03" @default.
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