Effects of ownership influence on the informativeness of financial ratios : Singapore evidence.
Chiu, Audrey Mei Ling.
Ong, Li Qin.
Wee, Corrine Chai Lin.
Date of Issue2004
College of Business (Nanyang Business School)
This study attempts to investigate the relationship between ownership structure (managerial, block and government ownership) and the informativeness of certain financial ratios, namely: Profit margin, current ratio, net debt/equity, price-earnings ratio and RTO, in the Singapore context. Based on numerous empirical research, we hypothesize that high managerial ownership can effectively align management’s interests with that of shareholders to improve the informativness of ratios.
Final Year Project (FYP)
Nanyang Technological University