The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies

The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies

The aim this study is to examine the impacts of climate change and firm characteristics on Malaysian agro firm performance. The sample of this study consists of 33 Malaysian public listed plantation firms with 462 firm year observations for the period of 2003 to 2016. Panel data regressions such as...

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Main Author: Hossain, Nazmul
Format: Thesis
Language:eng
eng
Published: 2018
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/7614/1/s821673_01.pdf
https://etd.uum.edu.my/7614/2/s821673_02.pdf
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id my-uum-etd.7614
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Mahmudul Alam, Mohammad
topic HG Finance
spellingShingle HG Finance
Hossain, Nazmul
The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies
description The aim this study is to examine the impacts of climate change and firm characteristics on Malaysian agro firm performance. The sample of this study consists of 33 Malaysian public listed plantation firms with 462 firm year observations for the period of 2003 to 2016. Panel data regressions such as the pooled OLS, fixed effect and random effect model are used to analyse the dataset. Based on the regression results, growth opportunity, rainfall and El Nino positively and significantly impact ROA, whereby leverage, liquidity, temperature and flood negatively and significantly impact ROA. Another measure of firm performance which is ROE are positively and significantly influenced by liquidity, growth opportunity and El Nino. However, temperature and flood negatively and significantly impact ROE. At the same time, leverage, temperature and flood positively and significantly foster Tobin’s Q where firm size negatively and significantly impacts Tobin’s Q. Overall, all variables are significant with firm performance accept firm age is found to be insignificant in influencing Malaysian agro firm performance.
format Thesis
qualification_name masters
qualification_level Master's degree
author Hossain, Nazmul
author_facet Hossain, Nazmul
author_sort Hossain, Nazmul
title The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies
title_short The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies
title_full The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies
title_fullStr The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies
title_full_unstemmed The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies
title_sort impact of climate change and firm characteristics on the financial performance of agro firm : study on malaysian public listed companies
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2018
url https://etd.uum.edu.my/7614/1/s821673_01.pdf
https://etd.uum.edu.my/7614/2/s821673_02.pdf
_version_ 1747828242704760832
spelling my-uum-etd.76142021-08-09T07:45:45Z The impact of climate change and firm characteristics on the financial performance of agro firm : study on Malaysian public listed companies 2018 Hossain, Nazmul Mahmudul Alam, Mohammad Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The aim this study is to examine the impacts of climate change and firm characteristics on Malaysian agro firm performance. The sample of this study consists of 33 Malaysian public listed plantation firms with 462 firm year observations for the period of 2003 to 2016. Panel data regressions such as the pooled OLS, fixed effect and random effect model are used to analyse the dataset. Based on the regression results, growth opportunity, rainfall and El Nino positively and significantly impact ROA, whereby leverage, liquidity, temperature and flood negatively and significantly impact ROA. Another measure of firm performance which is ROE are positively and significantly influenced by liquidity, growth opportunity and El Nino. However, temperature and flood negatively and significantly impact ROE. At the same time, leverage, temperature and flood positively and significantly foster Tobin’s Q where firm size negatively and significantly impacts Tobin’s Q. Overall, all variables are significant with firm performance accept firm age is found to be insignificant in influencing Malaysian agro firm performance. 2018 Thesis https://etd.uum.edu.my/7614/ https://etd.uum.edu.my/7614/1/s821673_01.pdf text eng public https://etd.uum.edu.my/7614/2/s821673_02.pdf text eng public http://sierra.uum.edu.my/record=b1698753~S1 masters masters Universiti Utara Malaysia Adams, M., & Buckle, M. (2003). The determinants of corporate financial performance in the Bermuda insurance market. Applied Financial Economics, 13(2), 133-143. Adams, R. B., Almeida, H., & Ferreira, D. (2005). 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