Bumiputera-Controlled Companies: Performance Evaluation Using A Non-Parametric Approach

Maran Marimuthu

Abstract


This study examines the effects of crisis and post-crisis periods on the performance of Bumiputera-controlled companies in Malaysia. A sample of 33 Bumiputera-controlled companies listed on Bursa Malaysia is considered over the period 1996 to 2005. ROE is used as a performance measure and Wilcoxon Signed Ranks Test is used to justify our argument. Results indicate that Bumiputera-controlled companies suffered in both short run and long run due to the financial crisis.


Full Text: PDF DOI: 10.5539/ijef.v2n2p178

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International Journal of Economics and Finance  ISSN  1916-971X (Print) ISSN  1916-9728 (Online)

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