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Do government-linked companies underperform?

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  • Feng, Fang
  • Sun, Qian
  • Tong, Wilson H. S.

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  • Feng, Fang & Sun, Qian & Tong, Wilson H. S., 2004. "Do government-linked companies underperform?," Journal of Banking & Finance, Elsevier, vol. 28(10), pages 2461-2492, October.
    • Handle: RePEc:eee:jbfina:v:28:y:2004:i:10:p:2461-2492
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    Cited by:

    1. Lawrence Loh & Thomas Thomas & Yu Wang, 2017. "Sustainability Reporting and Firm Value: Evidence from Singapore-Listed Companies," Sustainability, MDPI, vol. 9(11), pages 1-12, November.
    2. Said, Jamaliah & Alam, Md. Mahmudul & Abdullah, Nik Herda Nik & Zulkarnain, Nur Nadiah & Anugerah, Rita, 2019. "Innovation Risk and Sustainable Competitive Advantages: Empirical Assessment of Government-Linked Companies in Malaysia," SocArXiv u7yth, Center for Open Science.
    3. Zulkarnain, Nur Nadiah & Alam, Md. Mahmudul & Abdullah, Nik Herda Nik & Said, Jamaliah, 2019. "Organizational Learning Orientation and Sustainable Competitive Advantage: Towards More Accountable Government-Linked Companies," SocArXiv yt4xd, Center for Open Science.
    4. György, László & Veress, József, 2013. "The Possible Causes of and Means of Avoiding External Financial Vulnerability – Hungary versus Singapore," Public Finance Quarterly, Corvinus University of Budapest, vol. 58(1), pages 53-75.
    5. Wong, Chan-Yuan, 2011. "Rent-seeking, industrial policies and national innovation systems in Southeast Asian economies," Technology in Society, Elsevier, vol. 33(3), pages 231-243.
    6. Hélène Raymond, 2009. "The effect of Sovereign Wealth Funds’ investments on stock markets," Working Papers hal-04140850, HAL.
    7. Raymond, H., 2008. "The effect of Sovereign Wealth Funds’ involvement on stock markets," Occasional papers 7, Banque de France.
    8. Kubo, Katsuyuki & Phan, Huu Viet, 2019. "State ownership, sovereign wealth fund and their effects on firm performance: Empirical evidence from Vietnam," Pacific-Basin Finance Journal, Elsevier, vol. 58(C).
    9. Gehan A. Mousa & Abdelmohsen M. Desoky & Zuraidah Mohd Sanusi, 2012. "The Association Between Internal Governance Mechanisms And Corporate Value: Evidence From Bahrain," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 8(Supp. 1), pages 67-91.
    10. Choon-Yin Sam, 2013. "Partial privatisation and the role of state owned holding companies in China," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(3), pages 767-789, August.
    11. Mahmoud Agha & Baban Eulaiwi, 2020. "The alignment effects of CEO stock incentives in the presence of government ownership: International evidence from Gulf Cooperation Council countries," Australian Journal of Management, Australian School of Business, vol. 45(2), pages 195-222, May.
    12. Uddin, Md Hamid, 2016. "Effect of government share ownership on corporate risk taking: Case of the United Arab Emirates," Research in International Business and Finance, Elsevier, vol. 36(C), pages 322-339.
    13. Bogart, Dan & Chaudhary, Latika, 2015. "Off the rails: Is state ownership bad for productivity?," Journal of Comparative Economics, Elsevier, vol. 43(4), pages 997-1013.
    14. Said, Jamaliah & Alam, Md. Mahmudul & Abdullah, Nik Herda Nik & Zulkarnain, Nur Nadiah, 2019. "Risk Management and Value Creation: Empirical Findings from Government Linked Companies in Malaysia," SocArXiv u7f4k, Center for Open Science.
    15. Wong, Wai-Yan & Hooy, Chee-Wooi, 2018. "Do types of political connection affect firm performance differently?," Pacific-Basin Finance Journal, Elsevier, vol. 51(C), pages 297-317.
    16. Lawrence Loh & Sharmine Tan, 2020. "Impact of Sustainability Reporting on Brand Value: An Examination of 100 Leading Brands in Singapore," Sustainability, MDPI, vol. 12(18), pages 1-17, September.
    17. Alam, Md. Mahmudul & Zulkarnain, Nur Nadiah & Abdullah, Nik Herda Nik, 2019. "Entrepreneurial Orientation for Sustainable Competitive Advantage and Risk Management: Evidence from Government-Linked Companies in Malaysia," SocArXiv wbq97, Center for Open Science.
    18. Mann, Stefan, 2019. "Competitiveness of cattle breeding in Switzerland: the value of policies enabling informed decisions," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 8(3), December.

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