Publication:
Ownership structures and productivity in Indonesia and Malaysia
Abstracts views
139
Views & Download
6
Date
2017
SDG:
Abstract
The relationship between ownership structures and company performance has been issue of interest among academics, investors and policy-makers. So far, there are still inconclusive findings that family and state ownership giving positive or negative impact on firm performance. This study employed technical efficiency and Malmquist productivity index to measure firm performance. Period of this study will be conduct from 1992 to 2007. Result of this study revealed that Technical efficiency study in Indonesia showed that state owned enterprises (SOEs) had better performance than family owned enterprises (FOEs) since SOEs' performance increased more stably during research period. Meanwhile Malaysia-based technical efficiency study demonstrated that FOEs samples had lower efficiency level than SOEs, which performed a little enhancement. In term of productivity, Indonesian FOEs had become more productive compare with SOEs during three sub-periods. On the other hand, Malaysian FOEs and SOEs had improved from time to time within the three sub-periods.
Keywords
Ownership structures , Technical efficiency and Malmquist productivity index , FOEs , Family owned enterprises , SOEs , State owned enterprises
Citation
Sukmadilaga, Citra, Ramadili Mohd, Shamsher Mohamad & Hassan, Taufiq. (2017). Ownership structures and productivity in Indonesia and Malaysia. International Journal of Monetary Economics and Finance, 10 (3-4), pp.
Publisher
Inderscience Enterprises Ltd