AUDIT COMMITTEE AND FIRM CASH HOLDING

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Improvement on corporate governance may encourage shareholders and foreign investment to increase their investment on capital market. Firms with high level of cash holding will gain benefit from investment opportunity and firms will have better growth opportunity which can lead to shareholder wealth.

Additional information

Research Author

PARVIZ BAYG

Supervisor

Samuel Jebaraj Benjamin

Research Location

Malaysia Capital Market, KLSE

Data Type

Secondary

Sampling Size

50 firms (200 observations) from year 2005 to 2008

Language

English

Year Created

2012

Type

e-book

intllab-mmu

Multimedia University (MMU), a tertiary education institution set up through Universiti Telekom Sdn Bhd (UTSB), a wholly owned subsidiary of TM, fulfils the noblest of corporate social responsibilities – taking up the challenge of educating the next generation the nation’s leaders and knowledge workers. As the first private university in Malaysia, MMU developed the pioneer model for the successful establishment of private universities in the nation, paving the way for the growth of the private tertiary education sector. As the university at the heart of the MSC, MMU also serves as a catalyst for the development of the high tech ICT industry of the nation, parallel to the Silicon Valley-Stanford model in the United States.