Government Subsidisation and Shareholder Wealth Impact: Evidence from Malaysia

This paper investigates the shareholder wealth impact of government investment in listed companies (and by extension, government subsidisation of those companies), using data from Malaysia. We distinguish two overlapping categories of government-related investors: those whose principal mission relat...

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Bibliographic Details
Main Authors: Philip Sinnadurai, Ravichandran Subramaniam, Susela Devi, Kyungyoung Ko
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:https://www.mdpi.com/1911-8074/14/9/396