Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi

There are massive factors that have been considered as critical constructs of the performance evaluation of the GLCs. In addition, besides the general performance, the shareholder is more interested in the share price. Although the GLCs holding around 36 percent of the market, however, it appears to...

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Main Author:	Mohd Nawawi, Muhammad Danial
Format:	Thesis
Language:	English
Published:	2022
Subjects:	Government business enterprises
Online Access:	https://ir.uitm.edu.my/id/eprint/104534/1/104534.pdf
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id	my-uitm-ir.104534
record_format	uketd_dc
spelling	my-uitm-ir.1045342024-10-29T09:35:42Z Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi 2022 Mohd Nawawi, Muhammad Danial Government business enterprises Stock price indexes. Stock quotations There are massive factors that have been considered as critical constructs of the performance evaluation of the GLCs. In addition, besides the general performance, the shareholder is more interested in the share price. Although the GLCs holding around 36 percent of the market, however, it appears to be performing poorly due to a number of economic events such as recession and pandemic COVID-19. Thus, due to that fact, this study will provide some clear cut on how to assist GLCs in performing at the required level so that they can contribute to the share price. The primary goal of this study is to investigate the possible relationship between Malaysian government-linked enterprises' financial performances (independent variables) with the share price. This study examined the yearly financial statements of five (5) GLCs listed on Bursa Malaysia from 2001 to 2020. Share price is used as the dependent variable, whereas liquidity ratio (measured by current ratio), profitability ratio (measured by return on assets and return on equity) and leverage ratio (measured by debt-to-equity ratio) will be used as independent variables. The information for this study was gathered from internet sources such as Eikon Datastream. Following that, this study was analysed using descriptive statistics and the panel least square (PLS) method. The result of these studies found that the current ratio, return on assets, and debt-to-equity ratio all have a positive effect on the share price of GLCs. They do, however, have a negative effect on the return on equity ratio. 2022 Thesis https://ir.uitm.edu.my/id/eprint/104534/ https://ir.uitm.edu.my/id/eprint/104534/1/104534.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Mohamed Yousop, Nur Liyana
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Mohamed Yousop, Nur Liyana
topic	Government business enterprises Government business enterprises
spellingShingle	Government business enterprises Government business enterprises Mohd Nawawi, Muhammad Danial Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi
description	There are massive factors that have been considered as critical constructs of the performance evaluation of the GLCs. In addition, besides the general performance, the shareholder is more interested in the share price. Although the GLCs holding around 36 percent of the market, however, it appears to be performing poorly due to a number of economic events such as recession and pandemic COVID-19. Thus, due to that fact, this study will provide some clear cut on how to assist GLCs in performing at the required level so that they can contribute to the share price. The primary goal of this study is to investigate the possible relationship between Malaysian government-linked enterprises' financial performances (independent variables) with the share price. This study examined the yearly financial statements of five (5) GLCs listed on Bursa Malaysia from 2001 to 2020. Share price is used as the dependent variable, whereas liquidity ratio (measured by current ratio), profitability ratio (measured by return on assets and return on equity) and leverage ratio (measured by debt-to-equity ratio) will be used as independent variables. The information for this study was gathered from internet sources such as Eikon Datastream. Following that, this study was analysed using descriptive statistics and the panel least square (PLS) method. The result of these studies found that the current ratio, return on assets, and debt-to-equity ratio all have a positive effect on the share price of GLCs. They do, however, have a negative effect on the return on equity ratio.
format	Thesis
qualification_level	Bachelor degree
author	Mohd Nawawi, Muhammad Danial
author_facet	Mohd Nawawi, Muhammad Danial
author_sort	Mohd Nawawi, Muhammad Danial
title	Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi
title_short	Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi
title_full	Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi
title_fullStr	Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi
title_full_unstemmed	Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi
title_sort	share price and performance: the empirical study on the government-link companies (glcs) in malaysia / muhammad danial mohd nawawi
granting_institution	Universiti Teknologi MARA, Johor
granting_department	Faculty of Business and Management
publishDate	2022
url	https://ir.uitm.edu.my/id/eprint/104534/1/104534.pdf
_version_	1818588107705942016

Share price and performance: the empirical study on the Government-Link Companies (GLCS) in Malaysia / Muhammad Danial Mohd Nawawi

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