Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman

The purpose of this study is to examine the determinants of the firm's value from 15 listed steel companies of Bursa Malaysia from the year of 2007 until 2016. There were 150 observations which were involved in this paper. Five independent variables were involved which are net profit margin, op...

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Main Author:	Azman, Farah Aqilah
Format:	Thesis
Language:	English
Published:	2017
Subjects:	Financial management Business finance Corporation finance
Online Access:	https://ir.uitm.edu.my/id/eprint/93657/2/93657.pdf
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id	my-uitm-ir.93657
record_format	uketd_dc
spelling	my-uitm-ir.936572024-07-27T16:53:58Z Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman 2017 Azman, Farah Aqilah Financial management. Business finance. Corporation finance The purpose of this study is to examine the determinants of the firm's value from 15 listed steel companies of Bursa Malaysia from the year of 2007 until 2016. There were 150 observations which were involved in this paper. Five independent variables were involved which are net profit margin, operating cost, book value per share, earnings per share and dividend per share. These variables were tested to be the determinants of the firm's value. In this study, panel data fixed effect model were applied by using EViews 8.1. There were two independent variables were significant which are operating cost and the dividend per share. The other three independent variables were insignificant from the results which are net profit margin, book value per share and earnings per share. This study had R-squared of 0.973906, which means there were 97.39% of the dependent variable was explained by the independent variables. But R-squared is still known to be biased, thus it had the adjusted R-squared of 0.970092, means there were 97.01% of the variability in firm's value is explained by the explanatory variables which are net profit margin, operating cost, book value per share, earnings per share and dividend per share. On top of that, the results showed the Prob (F-statistics) of 0.000000 which does mean the independent variables used do show significant impact to the firm's value of the steel companies involved in Malaysia. 2017 Thesis https://ir.uitm.edu.my/id/eprint/93657/ https://ir.uitm.edu.my/id/eprint/93657/2/93657.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business Management Wan Ibrahim, Wan Muhd Faez Sipon, Zuraidah
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Wan Ibrahim, Wan Muhd Faez Sipon, Zuraidah
topic	Financial management Business finance Corporation finance
spellingShingle	Financial management Business finance Corporation finance Azman, Farah Aqilah Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
description	The purpose of this study is to examine the determinants of the firm's value from 15 listed steel companies of Bursa Malaysia from the year of 2007 until 2016. There were 150 observations which were involved in this paper. Five independent variables were involved which are net profit margin, operating cost, book value per share, earnings per share and dividend per share. These variables were tested to be the determinants of the firm's value. In this study, panel data fixed effect model were applied by using EViews 8.1. There were two independent variables were significant which are operating cost and the dividend per share. The other three independent variables were insignificant from the results which are net profit margin, book value per share and earnings per share. This study had R-squared of 0.973906, which means there were 97.39% of the dependent variable was explained by the independent variables. But R-squared is still known to be biased, thus it had the adjusted R-squared of 0.970092, means there were 97.01% of the variability in firm's value is explained by the explanatory variables which are net profit margin, operating cost, book value per share, earnings per share and dividend per share. On top of that, the results showed the Prob (F-statistics) of 0.000000 which does mean the independent variables used do show significant impact to the firm's value of the steel companies involved in Malaysia.
format	Thesis
qualification_level	Bachelor degree
author	Azman, Farah Aqilah
author_facet	Azman, Farah Aqilah
author_sort	Azman, Farah Aqilah
title	Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_short	Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_full	Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_fullStr	Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_full_unstemmed	Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_sort	determinants of the firm's value: the study of steel industry in public listed companies of bursa malaysia / farah aqilah azman
granting_institution	Universiti Teknologi MARA, Johor
granting_department	Faculty of Business Management
publishDate	2017
url	https://ir.uitm.edu.my/id/eprint/93657/2/93657.pdf
_version_	1811768768558268416

Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman

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