CORPORATE SHORT-TERMISM IN MALAYSIA: INVESTOR EFFECTS, MANAGERIAL INFLUENCE AND QUARTERLY FINANCIAL REPORTING

Abstract

The debate over corporate short-termism behavior has been recently growing from academic and policy perspectives. Major business stakeholders who are often blamed for the short-termist behavior are investors, managers and regulatory policymakers. On one hand, the study tests the effect of investors and managers on short-termism behavior, using data from 220 listed companies and fixed-effects panel regression.