Ownership Structure and Bid-Ask Spread: Evidence from Malaysian Market
Table 3:
| Variables | Result (t-test) | Consistency |
| Family Ownership | Positive but insignificant. | Ali et al. (2007) |
| Conglomerate Ownership | Negatively significant at 10% significant level | Marques (2016) |
| Government Ownership | Positive but insignificant. | Choi et al. (2010) |
| Foreign Ownership | Negatively significant at 1% significant level. | Choi et al (2013)Rhee and Wang (2009)Levine and Schmuckler (2006) |
| Dispersed Ownership | Positive but insignificant. | Omet (2007) |