Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms

The purpose of this study is to investigate factors that affect the profitability determinants on firms listed on the Bursa Malaysia Main Board. This study covers a period from 1999 to 2004 with 60 firms selected across six sector of economy in Malaysia. The objectives of this study are firstly to...

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Main Author:	Muhammad Muhaizam, Musa
Format:	Thesis
Language:	eng eng
Published:	2005
Subjects:	HF5601-5689 Accounting
Online Access:	https://etd.uum.edu.my/1284/1/MUHAMMAD_MUHAIZAM_B._MUSA.pdf https://etd.uum.edu.my/1284/2/1.MUHAMMAD_MUHAIZAM_B._MUSA.pdf
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id	my-uum-etd.1284
record_format	uketd_dc
spelling	my-uum-etd.12842014-06-26T08:13:21Z Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms 2005-05-05 Muhammad Muhaizam, Musa Faculty of Finance and Banking Faculty of Finance and Banking HF5601-5689 Accounting The purpose of this study is to investigate factors that affect the profitability determinants on firms listed on the Bursa Malaysia Main Board. This study covers a period from 1999 to 2004 with 60 firms selected across six sector of economy in Malaysia. The objectives of this study are firstly to find out the factors affecting profitability of the overall sectors selected in this study; secondly to differentiate the significant profitability determinants of finance sector and non-finance sector of the Malaysian economy. The third objective is to investigate the different sectors influence on the profitability of firms. All results are tested at 0.05 significant levels. To achieve the objectives, multivariate regression is used to test the hypothesis. From the analysis, the result suggest that firm capital investment intensity, the leverage ratio, profit margin, asset turnover and industry capital intensity on all firms sample have significant impact on the profitability determinants. In contrast, firm sales growth and market share are not significantly related to the contribution on profitability determinants. On the other hand, the profitability determinants of nonfinance sector are affected by firm sales growth, profit margin, leverage ratio, firm capital investment intensity, asset turnover and industry capital investment intensity. For finance sector, firm size, profit margin, leverage ratio and asset turnover are the factors that contributed to profitability determinants. This study also indicated that different sectors’ effect is not significant in the determinations of profitability between finance sector and non-finance sector. 2005-05 Thesis https://etd.uum.edu.my/1284/ https://etd.uum.edu.my/1284/1/MUHAMMAD_MUHAIZAM_B._MUSA.pdf application/pdf eng validuser https://etd.uum.edu.my/1284/2/1.MUHAMMAD_MUHAIZAM_B._MUSA.pdf application/pdf eng public masters masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
topic	HF5601-5689 Accounting
spellingShingle	HF5601-5689 Accounting Muhammad Muhaizam, Musa Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms
description	The purpose of this study is to investigate factors that affect the profitability determinants on firms listed on the Bursa Malaysia Main Board. This study covers a period from 1999 to 2004 with 60 firms selected across six sector of economy in Malaysia. The objectives of this study are firstly to find out the factors affecting profitability of the overall sectors selected in this study; secondly to differentiate the significant profitability determinants of finance sector and non-finance sector of the Malaysian economy. The third objective is to investigate the different sectors influence on the profitability of firms. All results are tested at 0.05 significant levels. To achieve the objectives, multivariate regression is used to test the hypothesis. From the analysis, the result suggest that firm capital investment intensity, the leverage ratio, profit margin, asset turnover and industry capital intensity on all firms sample have significant impact on the profitability determinants. In contrast, firm sales growth and market share are not significantly related to the contribution on profitability determinants. On the other hand, the profitability determinants of nonfinance sector are affected by firm sales growth, profit margin, leverage ratio, firm capital investment intensity, asset turnover and industry capital investment intensity. For finance sector, firm size, profit margin, leverage ratio and asset turnover are the factors that contributed to profitability determinants. This study also indicated that different sectors’ effect is not significant in the determinations of profitability between finance sector and non-finance sector.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Muhammad Muhaizam, Musa
author_facet	Muhammad Muhaizam, Musa
author_sort	Muhammad Muhaizam, Musa
title	Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms
title_short	Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms
title_full	Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms
title_fullStr	Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms
title_full_unstemmed	Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms
title_sort	comparative evaluation of profitability determinants : evidence of non-finance versus finance firms
granting_institution	Universiti Utara Malaysia
granting_department	Faculty of Finance and Banking
publishDate	2005
url	https://etd.uum.edu.my/1284/1/MUHAMMAD_MUHAIZAM_B._MUSA.pdf https://etd.uum.edu.my/1284/2/1.MUHAMMAD_MUHAIZAM_B._MUSA.pdf
_version_	1747827112795963392

Comparative Evaluation of Profitability Determinants : Evidence of Non-Finance Versus Finance Firms

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