13.07.2015 Views

CHAPTER 1: INTRODUCTION 1.0 Chapter Overview - DSpace@UM

CHAPTER 1: INTRODUCTION 1.0 Chapter Overview - DSpace@UM

CHAPTER 1: INTRODUCTION 1.0 Chapter Overview - DSpace@UM

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

on succession characteristics as both the national and multinational corporations hadsome similarities in their approach to succession planning.4.6.3 Practices And Approach Of Succession Planning By Firm ListingIn terms of firm listing, the mean values of listed firms were higher than the unlistedfirms for all the 3 dimensions of practices and approach of succession planning. Thisprobably was due to the fact that all public listed companies (PLCs) were required by theMalaysian Code On Corporate Governance (Revised 2007) to have a formal successionplanning for their senior management. Thus, listed companies were more concerned oversuccession issues as compared to unlisted companies.Table 4.13: Practices & Approach To Succession Planning By Firm ListingVariables Unlisted Listed Total Sig.*Organizational System 3.24 3.34 3.29 0.569Succession Characteristics 3.16 3.20 3.18 0.803Methods of Evaluation 3.06 3.23 3.14 0.292Note: * Level of significance using t-tests.H1 (c): There is a significant difference in the practices and approach ofsuccession planning between the listed and unlisted firms in Malaysia.No significant difference was found between the listed and unlisted firms with regards tothe practices and approach of succession planning. Table 4.13 showed the 3 dimensions68

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!