IDEAS home Printed from https://ideas.repec.org/a/ids/ijmpra/v9y2016i4p394-411.html
   My bibliography  Save this article

Does retrenchment strategy induce family firm's value? A study from Malaysia

Author

Listed:
  • Lik-Jing Ung
  • Rayenda Brahmana
  • Chin-Hong Puah

Abstract

This paper investigated the performance of retrenchment strategy of Malaysian family firms. It followed prior research in value of diversification strategy such Lins and Servaes (2002), Fauver et al. (2004), or Lee et al. (2012), but with different strategy perspective which was retrenchment strategy. We also followed Reebs (2003) research on the performance family firms but taking Malaysia as the background of study. In short, we investigated the relationship between retrenchment and performance works in Malaysia family firms. We considered a sample of 443 Malaysia listed family companies between 2004 and 2013. Our background of study was Malaysian market, which was dominated by family firms. We documented the resulting strategy of retrenchment in family-controlled firm, which led to positive effect on financial performance and negative effect on accounting performance.

Suggested Citation

  • Lik-Jing Ung & Rayenda Brahmana & Chin-Hong Puah, 2016. "Does retrenchment strategy induce family firm's value? A study from Malaysia," International Journal of Management Practice, Inderscience Enterprises Ltd, vol. 9(4), pages 394-411.
    • Handle: RePEc:ids:ijmpra:v:9:y:2016:i:4:p:394-411
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=79616
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmpra:v:9:y:2016:i:4:p:394-411. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=91 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.