Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri

This study investigates thefactors that influence the financial distress towards the companies listed in Guidance Note 3 (GN3). The issue of this study is to know and get a clear picture on the performance of the company after being listed in GN3. Besides that,...

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Main Author:	Wan Zulkifikri, Wan Nur Awatif
Format:	Student Project
Language:	English
Published:	Faculty of Business Management 2017
Subjects:	Credit. Debt. Loans
Online Access:	http://ir.uitm.edu.my/id/eprint/23311/ http://ir.uitm.edu.my/id/eprint/23311/3/PPb_WAN%20NUR%20AWATIF%20WAN%20ZULKIFIKRI%20J%20BM%2017_5.pdf

id	uitm-23311
recordtype	eprints
spelling	uitm-233112019-04-07T07:53:11Z http://ir.uitm.edu.my/id/eprint/23311/ Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri Wan Zulkifikri, Wan Nur Awatif Credit. Debt. Loans This study investigates thefactors that influence the financial distress towards the companies listed in Guidance Note 3 (GN3). The issue of this study is to know and get a clear picture on the performance of the company after being listed in GN3. Besides that, the purpose of this study is to have a clear view on the relationship between the dependent variable of Return on Asset (ROA )was used to measure financial performanceand independent variables of Debt ratio (DR), Total Asset Turnover ratio (TATO), Current ratio (CR), and Net Profit Margin (NPM). A population of 113 companies in ACE Market, a sample of 6 companies that were listed in GN3 was selected. The period under study was from 2009 to 2013. The observation data are collected for 30 observations of yearly data of financialstatement and balance sheet found in Bursa Malaysia. The data has been analysed by using Stata 11 to do descriptive analysis, fixed effect model regression, random effect model regression and multiple regression. Based on the results, 2out of 4variablesare significant and majority of the variable have positive relationship with financial performance. Financial performance will be affected when financial distress increase. In order to ensure the shareholders confidence, the companies need to reduce financial distress by ensuring financial stability in GN3’s company (Kariuki,H.N.,2013) Faculty of Business Management 2017 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/23311/3/PPb_WAN%20NUR%20AWATIF%20WAN%20ZULKIFIKRI%20J%20BM%2017_5.pdf Wan Zulkifikri, Wan Nur Awatif (2017) Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri. [Student Project] (Submitted)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Credit. Debt. Loans
spellingShingle	Credit. Debt. Loans Wan Zulkifikri, Wan Nur Awatif Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri
description	This study investigates thefactors that influence the financial distress towards the companies listed in Guidance Note 3 (GN3). The issue of this study is to know and get a clear picture on the performance of the company after being listed in GN3. Besides that, the purpose of this study is to have a clear view on the relationship between the dependent variable of Return on Asset (ROA )was used to measure financial performanceand independent variables of Debt ratio (DR), Total Asset Turnover ratio (TATO), Current ratio (CR), and Net Profit Margin (NPM). A population of 113 companies in ACE Market, a sample of 6 companies that were listed in GN3 was selected. The period under study was from 2009 to 2013. The observation data are collected for 30 observations of yearly data of financialstatement and balance sheet found in Bursa Malaysia. The data has been analysed by using Stata 11 to do descriptive analysis, fixed effect model regression, random effect model regression and multiple regression. Based on the results, 2out of 4variablesare significant and majority of the variable have positive relationship with financial performance. Financial performance will be affected when financial distress increase. In order to ensure the shareholders confidence, the companies need to reduce financial distress by ensuring financial stability in GN3’s company (Kariuki,H.N.,2013)
format	Student Project
author	Wan Zulkifikri, Wan Nur Awatif
author_facet	Wan Zulkifikri, Wan Nur Awatif
author_sort	Wan Zulkifikri, Wan Nur Awatif
title	Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri
title_short	Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri
title_full	Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri
title_fullStr	Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri
title_full_unstemmed	Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri
title_sort	determinants of financial distress: evidence from listed gn3 companies in bursa malaysia / wan nur awatif wan zulkifikri
publisher	Faculty of Business Management
publishDate	2017
url	http://ir.uitm.edu.my/id/eprint/23311/ http://ir.uitm.edu.my/id/eprint/23311/3/PPb_WAN%20NUR%20AWATIF%20WAN%20ZULKIFIKRI%20J%20BM%2017_5.pdf
first_indexed	2023-09-18T23:10:31Z
last_indexed	2023-09-18T23:10:31Z
_version_	1777418770916048896

Determinants of financial distress: evidence from listed GN3 companies in Bursa Malaysia / Wan Nur Awatif Wan Zulkifikri

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