TY  - JOUR
T1  - Culture and Agency Theory: The Case of Malaysia
AU - Mustapha, Mazlina 
JO  - International Business Management
VL  - 11
IS  - 3
SP  - 664
EP  - 672
PY  - 2017
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2017.664.672
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2017.664.672
KW  - Agency costs
KW  -culture
KW  -ethnicity
KW  -monitoring
KW  -Malaysia
AB  - This study examines the effect of culture (ethnicity) on agency costs in relation to agency theory in
Malaysian business environment. It explores the monitoring costs of the businesses controlled by different
ethnic groups in Malaysia. These businesses are those controlled by Chinese and Malays which are claimed
to be the main groups, dominate much of the socio-economic in Malaysia. In addition, the increased in foreign
investments in Malaysia which have different culture impact in the organizations is also examined. The result
indicates that there is a significant relationship between the monitoring costs demanded by businesses
controlled by different ethnic groups in Malaysia. Chinese controlled businesses appear to have significant
negative relationship with monitoring costs while malay controlled businesses show a significant positive
relationship with monitoring costs.
ER  -