Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin

During the COVID-19 outbreak in Malaysia, healthcare stocks plummeted, causing several companies problems. Despite the challenges, several healthcare companies managed to make big profits which attract many investors’ attention. This study uses the Data Envelopment Analysis (DEA) approach, specifica...

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Main Authors:	Norazman, Muhammad Syahir, Baharli, Muhammad Haziq Fakhruddin, Samsudin, Muhammad Syahmi Akhtar
Format:	Thesis
Language:	English
Published:	2023
Subjects:	Dissertations, Academic Preparation of theses
Online Access:	https://ir.uitm.edu.my/id/eprint/93927/1/93927.pdf
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record_format	uketd_dc
spelling	my-uitm-ir.939272024-04-19T08:14:17Z Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin 2023 Norazman, Muhammad Syahir Baharli, Muhammad Haziq Fakhruddin Samsudin, Muhammad Syahmi Akhtar Dissertations, Academic. Preparation of theses During the COVID-19 outbreak in Malaysia, healthcare stocks plummeted, causing several companies problems. Despite the challenges, several healthcare companies managed to make big profits which attract many investors’ attention. This study uses the Data Envelopment Analysis (DEA) approach, specifically the Charnes, Cooper, and Rhodes (CCR) model, to evaluate Bursa Malaysia-listed healthcare companies to guide investors and illuminate their performance during this crucial period. This research ranks healthcare companies by performance using DEA to help investors make smart investments. The DEA-based CCR model assesses healthcare companies using several input and output parameters. Financial performance ratios can be used to assess the healthcare companies’ performance. This research inputs the debt-to-equity ratio and asset turnover ratio and outputs the return on equity, return on assets, earning per share, operating profit margin, and price-to-earnings ratio. This method optimizes input factors to maximize output for a reliable healthcare company rating. The Super Efficiency approach is also used to refine the ranking process when numerous companies have the same efficiency score. This research found Malaysia's top three healthcare companies throughout 2019 to 2022 is HARTALEGA, IHH HEALTHCARE, and KOTRA INDUSTRIES BERHAD. These companies were efficient and resilient, making them to be a good investment choice for investors. Their success shows they can overcome pandemic obstacles and preserve profitability. In conclusion, this research uses the DEA technique, especially the CCR model, to assess healthcare companies in Malaysia during COVID-19 pandemic, where major healthcare companies were struggling financially during that time. This research helps investors to find safe, lucrative healthcare investments by identifying healthcare companies’ issues and assessing their performance. The top-performing companies might help prospective investors to boost Malaysia's healthcare sector. 2023 Thesis https://ir.uitm.edu.my/id/eprint/93927/ https://ir.uitm.edu.my/id/eprint/93927/1/93927.pdf text en public Universiti Teknologi MARA, Negeri Sembilan College of Computing, Informatics and Mathematics
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Dissertations, Academic Preparation of theses
spellingShingle	Dissertations, Academic Preparation of theses Norazman, Muhammad Syahir Baharli, Muhammad Haziq Fakhruddin Samsudin, Muhammad Syahmi Akhtar Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin
description	During the COVID-19 outbreak in Malaysia, healthcare stocks plummeted, causing several companies problems. Despite the challenges, several healthcare companies managed to make big profits which attract many investors’ attention. This study uses the Data Envelopment Analysis (DEA) approach, specifically the Charnes, Cooper, and Rhodes (CCR) model, to evaluate Bursa Malaysia-listed healthcare companies to guide investors and illuminate their performance during this crucial period. This research ranks healthcare companies by performance using DEA to help investors make smart investments. The DEA-based CCR model assesses healthcare companies using several input and output parameters. Financial performance ratios can be used to assess the healthcare companies’ performance. This research inputs the debt-to-equity ratio and asset turnover ratio and outputs the return on equity, return on assets, earning per share, operating profit margin, and price-to-earnings ratio. This method optimizes input factors to maximize output for a reliable healthcare company rating. The Super Efficiency approach is also used to refine the ranking process when numerous companies have the same efficiency score. This research found Malaysia's top three healthcare companies throughout 2019 to 2022 is HARTALEGA, IHH HEALTHCARE, and KOTRA INDUSTRIES BERHAD. These companies were efficient and resilient, making them to be a good investment choice for investors. Their success shows they can overcome pandemic obstacles and preserve profitability. In conclusion, this research uses the DEA technique, especially the CCR model, to assess healthcare companies in Malaysia during COVID-19 pandemic, where major healthcare companies were struggling financially during that time. This research helps investors to find safe, lucrative healthcare investments by identifying healthcare companies’ issues and assessing their performance. The top-performing companies might help prospective investors to boost Malaysia's healthcare sector.
format	Thesis
author	Norazman, Muhammad Syahir Baharli, Muhammad Haziq Fakhruddin Samsudin, Muhammad Syahmi Akhtar
author_facet	Norazman, Muhammad Syahir Baharli, Muhammad Haziq Fakhruddin Samsudin, Muhammad Syahmi Akhtar
author_sort	Norazman, Muhammad Syahir
title	Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin
title_short	Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin
title_full	Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin
title_fullStr	Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin
title_full_unstemmed	Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin
title_sort	evaluation on the malaysian healthcare companies performance using data envelopment analysis model / muhammad syahir norazman, muhammad haziq fakhruddin baharli and muhammad syahmi akhtar samsudin
granting_institution	Universiti Teknologi MARA, Negeri Sembilan
granting_department	College of Computing, Informatics and Mathematics
publishDate	2023
url	https://ir.uitm.edu.my/id/eprint/93927/1/93927.pdf
_version_	1804889914182991872

Evaluation on the Malaysian healthcare companies performance using Data Envelopment Analysis model / Muhammad Syahir Norazman, Muhammad Haziq Fakhruddin Baharli and Muhammad Syahmi Akhtar Samsudin

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