Performance of Family Business in Malaysia

Abstract

Performance of family firms is an interestingly growing topic of study. In Malaysia, many studies were conducted in an attempt to understand performance of family firms, however these studies have been biased towards operationalizing performance through financial indicators particularly Tobin's Q. Researchers also tended to test the effect of various factors relating to corporate governance and board of directors on performance. Ethnic wise, performance of family firms may be significantly impacted by culture. Success of Chinese firms seems to be attributed to the role of family participation and ethnic networks governing the entrepreneurial practice.

The mediating role of technology and logistic integration in the relationship between supply chain capability and supply chain operational performance

“…The effectiveness of supply chain management is entirely based on its capability of reducing cost, enhancing production flexibility, bringing innovation, strengthening the relation and satisfying the buyer (Banomyong & Supatn, 2011;Castorena et al, 2014;Purnama, 2014;Chielotam, 2015;Luna-Maldonado et al, 2016;Crainic & Laporte, 2016;Stevens & Johnson, 2016;Malarvizhi et al, 2018, Le et al, 2018. SCM is an organizational network, which connects each and every segment of organization and adds value at each and every step of strategic operations (Santhi and Gurunathan, 2014;Anyanwu et al, 2016;Jones & Mwakipsile, 2017;Mosbah et al, 2017;Kucukkocaoglu & Bozkurt, 2018;Maldonado-Guzman, et al, 2018). Crainic and Laporte (2016) argued that SCM is a coordinated set of activities staring from procurement to production and ends at consumers.…”

A study on sales growth and market value through supply chain

“…The assumption of RBV indicates that through organizational resources and capabilities, business firms achieve the competitive advantage in the market (Peng et al, 2008;Anigbogu & Nduka, 2014;Santhi & Gurunathan, 2014;Anyanwu et al, 2016;Jones & Mwakipsile, 2017;Mosbah et al, 2017;Malarvizhi et al, 2018, Le et al, 2018. So, the indication of the SC can be viewed as both internal and external integrated capabilities that can directly impact the performance of the business firms.…”

Incentive Effects of Granting Equity-Based Payment on Reducing Top Executive Turnover

“…Then, the executive with a greater control and large shareholdings are more concerned with their own self-interests than the interests of the shareholders at large. Mosbah, Serief and Kalsom Abd Wahab (2017) extend their the link with performance among the family business, they found that through financial indictors using a Tobin Q ratio reported the performance of family firms may be significantly influenced by their culture practices.…”

“…Examination on past literature,such as Abdul Rahman (2006) indicates that the main nature of Malaysia listed firms were owned by family business, although the history proved that since independence most of the Malaysian firms were controlled by foreign investors and the government. More ddiscussion on family business characteristics in Malaysia by Mosbah, Serief and Kalsom Abd Wahab (2017) found that several indicators could be used for their identification including business contributions to GDPs, firm size, business owned by ethnic and preference to follow culture and management style of the business founder. And the family culture may have a significant impact on family founding firm performance where the successful story of family founding firms find the roles of participation and ethnic networks governing the entrepreneurial practice.…”