TY  - JOUR
T1  - CEO’s Family Control and Firm Performance: Malaysian Evidence
AU - Ismail, Norashikin AU - Haron, Noor Hasniza AU - Idayu, Nik Anis AU - Mohd Zam, Zuraidah 
JO  - The Social Sciences
VL  - 11
IS  - 20
SP  - 4907
EP  - 4911
PY  - 2016
DA  - 2001/08/19
SN  - 1818-5800
DO  - sscience.2016.4907.4911
UR  - https://makhillpublications.co/view-article.php?doi=sscience.2016.4907.4911
KW  - Agency costs
KW  -alignment hypothesis
KW  -family ownership
KW  -firm performance
KW  -Malaysia
AB  - Using a sample of 634 listed companies on the main board of Bursa Malaysia in 2013, this study investigates whether CEO family control in a substantial, influence the performance of the company. Consistent with alignment hypothesis, it is postulated that CEO family ownership has a significant positive impact on the performance of the firm. The results do not support our hypothesis, leading to the conclusion that alignment hypothesis which applies in the developed market with widely dispersed ownership firms may not apply to a highly concentrated ownership type of companies in Malaysia. Other variables of growth in capital expenditure and leverage have a significant association with a performance as expected.
ER  -