The determinants of derivative usage: a study of financial services in Malaysia / Farhana Jainal Ariffin
This paper aims to analyses the relationship between determinants of derivative usage among financial services in Malaysia. The study used Multiple Linear Regression Model to determined significant relationship between dependent and independent variables, covering data for 14 companies with 5...
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Online Access: | http://ir.uitm.edu.my/id/eprint/20084/ http://ir.uitm.edu.my/id/eprint/20084/2/PPb_FARHANA%20JAINAL%20ARIFIN%20BM%2014_5.pdf |
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uitm-200842018-10-04T05:01:36Z http://ir.uitm.edu.my/id/eprint/20084/ The determinants of derivative usage: a study of financial services in Malaysia / Farhana Jainal Ariffin Jainal Ariffin, Farhana Financial management. Business finance. Corporation finance Investment, capital formation, speculation This paper aims to analyses the relationship between determinants of derivative usage among financial services in Malaysia. The study used Multiple Linear Regression Model to determined significant relationship between dependent and independent variables, covering data for 14 companies with 5 years period which are from 2009 until 2013. The researcher used five independent variables that affect the derivative usage which are debt, investment growth, managerial ownership, liquidity and profitability. Debt consists of two proxy variables which are leverage and debt to equity, investment growth consists of proxy variables of capital expenditure and dividend payout ratio, managerial ownership with proxy variable of number of shareholding, liquidity with proxy variables of current ratio and quick ratio and profitability with proxy variables of return on assets and return on equity. The empirical results have found there is positively significant relationship between derivative usage and managerial ownership. The results of the study are valuable for both academic and investor. Faculty of Business and Management 2014 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/20084/2/PPb_FARHANA%20JAINAL%20ARIFIN%20BM%2014_5.pdf Jainal Ariffin, Farhana (2014) The determinants of derivative usage: a study of financial services in Malaysia / Farhana Jainal Ariffin. [Student Project] (Submitted) |
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Digital Repository |
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Local University |
institution |
Universiti Teknologi MARA |
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UiTM Institutional Repository |
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Online Access |
language |
English |
topic |
Financial management. Business finance. Corporation finance Investment, capital formation, speculation |
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Financial management. Business finance. Corporation finance Investment, capital formation, speculation Jainal Ariffin, Farhana The determinants of derivative usage: a study of financial services in Malaysia / Farhana Jainal Ariffin |
description |
This paper aims to analyses the relationship between determinants of derivative usage
among financial services in Malaysia. The study used Multiple Linear Regression Model to
determined significant relationship between dependent and independent variables, covering
data for 14 companies with 5 years period which are from 2009 until 2013. The researcher
used five independent variables that affect the derivative usage which are debt, investment
growth, managerial ownership, liquidity and profitability. Debt consists of two proxy
variables which are leverage and debt to equity, investment growth consists of proxy
variables of capital expenditure and dividend payout ratio, managerial ownership with proxy
variable of number of shareholding, liquidity with proxy variables of current ratio and quick
ratio and profitability with proxy variables of return on assets and return on equity. The
empirical results have found there is positively significant relationship between derivative
usage and managerial ownership. The results of the study are valuable for both academic and
investor. |
format |
Student Project |
author |
Jainal Ariffin, Farhana |
author_facet |
Jainal Ariffin, Farhana |
author_sort |
Jainal Ariffin, Farhana |
title |
The determinants of derivative usage: a study
of financial services in Malaysia / Farhana Jainal Ariffin |
title_short |
The determinants of derivative usage: a study
of financial services in Malaysia / Farhana Jainal Ariffin |
title_full |
The determinants of derivative usage: a study
of financial services in Malaysia / Farhana Jainal Ariffin |
title_fullStr |
The determinants of derivative usage: a study
of financial services in Malaysia / Farhana Jainal Ariffin |
title_full_unstemmed |
The determinants of derivative usage: a study
of financial services in Malaysia / Farhana Jainal Ariffin |
title_sort |
determinants of derivative usage: a study
of financial services in malaysia / farhana jainal ariffin |
publisher |
Faculty of Business and Management |
publishDate |
2014 |
url |
http://ir.uitm.edu.my/id/eprint/20084/ http://ir.uitm.edu.my/id/eprint/20084/2/PPb_FARHANA%20JAINAL%20ARIFIN%20BM%2014_5.pdf |
first_indexed |
2023-09-18T23:03:56Z |
last_indexed |
2023-09-18T23:03:56Z |
_version_ |
1777418356678197248 |