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Full-Text Articles in Business
Valuation And Classification Of Cash And Share-Puts, William Terando, W. Shaw, D. Smith
Valuation And Classification Of Cash And Share-Puts, William Terando, W. Shaw, D. Smith
William D. Terando
No abstract provided.
Lobbying The Iasb: Evidence From Comment Letters Submitted In Response To Ed 3 And Proposed Amendments To Change Reporting For Business Combinations, James Sander
James F. Sander
No abstract provided.
The Factors That Cause Companies To Be Suspended From The Kuala Lumpur Stock Exchange, M. Haat, Sakthi Mahenthiran, R. Rahman, N. Hamid
The Factors That Cause Companies To Be Suspended From The Kuala Lumpur Stock Exchange, M. Haat, Sakthi Mahenthiran, R. Rahman, N. Hamid
Sakthi Mahenthiran
This a is an empirical study of troubled (i.e. PN4) companies, and their agency costs to outsiders who invest in them, The sample consisted of companies each in three groups made up of PN4, positive economic profit and negative economic profit companies. The study finds that outside investors in PN4 companies incurred extreme agency costs compared to positive economic profit companies because of poor governance. Relative to the control group, PN4 companies had higher insider ownership, borrowing, and lower equity values. The study highlights the uniqueness of the Malaysian securities law that allows corporate insiders to proactively use monitoring mechanisms …