Purpose – The purpose of this paper is to examine the relationship between working capital efficiency and firm value and the influence of financing constraints on this relationship. Design/methodology/approach -Data from 192 firms spanning a period of ten years (1999-2008) are used for this...

Purpose – The purpose of this paper is to examine the relationship between working capital efficiency and firm value and the influence of financing constraints on this relationship. Design/methodology/approach – Data from 192 firms spanning a period of ten years (1999-2008) are used for this...

Purpose – The purpose of this paper is to investigate the effects of family ownership on dividend payout from the perspective of agency costs in Malaysia. Design/methodology/approach – Annual financial, board and family ownership data of 160 firms listed on the Bursa Malaysia are collected...