Financial difficulties and firm performance among problematic firms / Noor Azira Sawal

This study aims to investigate whether the problematic firms that were listed under PN17 really suffer financial difficulties prior to their fraud perpetration by using the proxy of default risk and financial distress. Then, the effect of the default risk and financial distress will be analyzed on t...

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Main Author:	Sawal, Noor Azira
Format:	Thesis
Language:	English
Published:	2013
Online Access:	https://ir.uitm.edu.my/id/eprint/17180/2/TM_NOOR%20AZIRA%20SAWAL%20AC%2013_5.pdf
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id	my-uitm-ir.17180
record_format	uketd_dc
spelling	my-uitm-ir.171802022-04-11T03:27:59Z Financial difficulties and firm performance among problematic firms / Noor Azira Sawal 2013-06 Sawal, Noor Azira This study aims to investigate whether the problematic firms that were listed under PN17 really suffer financial difficulties prior to their fraud perpetration by using the proxy of default risk and financial distress. Then, the effect of the default risk and financial distress will be analyzed on the performance of problematic firms. The population for this study is 175 problematic firms in Malaysia which identified based on media released by Bursa Malaysia. These firms are categorized under the PN17 Listing from year 2001 to 2012.As for this study, the results show that the default risk has significant negative effect on firm's performance among problematic firms. This implies that default risk of problematic firms could negatively affect the firm's performance. In addition, there is negative relationship between financial distress and firm's performance. The result of this study could pave way to any agency that monitors the misconducts among listed firms as financial difficulties may give early signal to warn a company of the possibility of severe fraud occurrence in the future. Moreover, the effect of financial difficulties will give some extent of indicators to public on the tendency to commit fraud due to financial desperation. This study could also help in formulating the guidelines on how to mitigate the effect of fraud perpetration among firms that faced financial difficulties. 2013-06 Thesis https://ir.uitm.edu.my/id/eprint/17180/ https://ir.uitm.edu.my/id/eprint/17180/2/TM_NOOR%20AZIRA%20SAWAL%20AC%2013_5.pdf text en public mphil masters Universiti Teknologi MARA Faculty of Accountancy
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
description	This study aims to investigate whether the problematic firms that were listed under PN17 really suffer financial difficulties prior to their fraud perpetration by using the proxy of default risk and financial distress. Then, the effect of the default risk and financial distress will be analyzed on the performance of problematic firms. The population for this study is 175 problematic firms in Malaysia which identified based on media released by Bursa Malaysia. These firms are categorized under the PN17 Listing from year 2001 to 2012.As for this study, the results show that the default risk has significant negative effect on firm's performance among problematic firms. This implies that default risk of problematic firms could negatively affect the firm's performance. In addition, there is negative relationship between financial distress and firm's performance. The result of this study could pave way to any agency that monitors the misconducts among listed firms as financial difficulties may give early signal to warn a company of the possibility of severe fraud occurrence in the future. Moreover, the effect of financial difficulties will give some extent of indicators to public on the tendency to commit fraud due to financial desperation. This study could also help in formulating the guidelines on how to mitigate the effect of fraud perpetration among firms that faced financial difficulties.
format	Thesis
qualification_name	Master of Philosophy (M.Phil.)
qualification_level	Master's degree
author	Sawal, Noor Azira
spellingShingle	Sawal, Noor Azira Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
author_facet	Sawal, Noor Azira
author_sort	Sawal, Noor Azira
title	Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_short	Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_full	Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_fullStr	Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_full_unstemmed	Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_sort	financial difficulties and firm performance among problematic firms / noor azira sawal
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Accountancy
publishDate	2013
url	https://ir.uitm.edu.my/id/eprint/17180/2/TM_NOOR%20AZIRA%20SAWAL%20AC%2013_5.pdf
_version_	1783733552151527424

Financial difficulties and firm performance among problematic firms / Noor Azira Sawal

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