Board of Directors and Expropriation of Minority Shareholders’ Rights

Mustafa, Nurul Huda (2011) Board of Directors and Expropriation of Minority Shareholders’ Rights. European Journal of Scientific Research, 63 (4). pp. 523-529. ISSN 1450-216X

[img] Text
Board of Directors and Expropriation of Minority.pdf
Restricted to Registered users only

Download (86Kb) | Request a copy
Official URL: http://www.europeanjournalofscientificresearch.com...

Abstract

The objectives of this study are empirically to identify the extent level of expropriation and to examine the factors that affect expropriation of minority shareholders’ rights, especially in Malaysia. There are four variables are tested in this study: firm size, board independence, level of leverage and growth. The result of study shows that the extent level of the expropriation of minority shareholders' rights in Malaysia is 47.23 percent of total shares outstanding. Whereby, from four variables that tested only firm size and level of leverage can be concluded as factors that affect expropriation of minority shareholders' rights in Malaysia. It indicates that small size and high level of leverage are likely to lower the potential for expropriation of minority shareholders' rights.

Item Type: Article
Keywords: Board of Directors; Expropriation; Minority shareholders’ rights; Malaysia
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Faculty / Institute: Faculty of Law, Accountancy & International Relations
Depositing User: Nurul Huda Mustafa
Date Deposited: 08 Feb 2015 08:28
Last Modified: 08 Feb 2015 08:28
URI: http://erep.unisza.edu.my/id/eprint/2499

Actions (login required)

View Item View Item