Purpose – The purpose of this paper is to investigate the impact of firms' cash holdings and ownership concentration on the firms' valuation using an unbalanced panel dataset of non-financial listed firms in Australia. Design/methodology/approach – The author used a generalized method of...

This paper examines the role of a particular class of institutional investors, domestic and foreign banks, in corporate decisions that have liquidity implications such as inventory and cash management. Using a sample of 256 non-financial listed firms in six Asian countries over the period of...

This paper provides new evidence on the impacts of financial constraints, growth opportunities and debt overhang on firm-level investments in 12 Asian countries, Australia and New Zealand over the period 1990–2010. Using Panel Smooth Transition Regression (PSTR) models that overcome the...

This study overcomes the analytic shortcomings of the linear investment models and applies a Panel Smooth Transition Regression model to examine the investment ratios of 519 non-financial listed firms in six Asian countries over the period of 1991–2004. We find that investment-cash flow...

Purpose – The purpose of this paper is to explore the shortcomings in the compliance of the full‐fledged Islamic banks with the Bank Negara Malaysia (BNM) disclosure guidelines related to the profit sharing investment accounts (PSIAs). Design/methodology/approach – This study uses...

Purpose – The purpose of this paper is to investigate the determinants and persistence of research and development (R&D) investments in Malaysia. Design/methodology/approach – The approach involves a regression analysis. Findings – The regression analysis shows that lagged absorbed slack...

This paper reappraises the global and regional integration for 6 Southeast Asian stock markets. A time‐varying analysis based on Barari (2004) suggests that Malaysia, South Korea and Thailand have shown significant movement towards international financial integration.The estimates based on...

Purpose – The purpose of this paper is to investigate the applicability of developed country turnaround predication models as well as an “in country” developed turnaround prediction model for a sample of financially distressed Malaysian companies over the period of 2000‐2007....

Purpose – This paper aims to investigate the impact of the product market competition, regulations on the dividend policies of the listed banks, over the period 1995‐2005 in Malaysia. Design/methodology/approach – An ordered probit modelling technique and target adjustment model is used....

Purpose – The purpose of this paper is to investigate the market risk disclosure practices among Malaysian listed firms. Specifically, it aims to examine the level of compliance with FRS132: Financial Instruments – Disclosure and Presentation for financial periods beginning or after 2006....