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.
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- DOI:10.5539/ijef.v2n2p178
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