Financial ratio comparison analysis of manufacturing firms listed in stock exchange of Malaysia and Singapore
The objective of this study is to examine the performance of manufacturing sector between Malaysia and Singapore in different economic environment, culture, institutional, accounting standard and regulatory system. Ratio analyses that consist of ten different ratios were selected and calculated for...
Saved in:
| 主要作者: | |
|---|---|
| 格式: | Thesis |
| 语言: | eng eng eng |
| 出版: |
2019
|
| 主题: | |
| 在线阅读: | https://etd.uum.edu.my/8241/1/s821379_01.pdf https://etd.uum.edu.my/8241/2/depositpermission_s821379.pdf https://etd.uum.edu.my/8241/3/s821379_references.docx |
| 标签: |
添加标签
没有标签, 成为第一个标记此记录!
|
| id |
my-uum-etd.8241 |
|---|---|
| record_format |
uketd_dc |
| spelling |
my-uum-etd.82412021-05-18T01:59:40Z Financial ratio comparison analysis of manufacturing firms listed in stock exchange of Malaysia and Singapore 2019 Chia, Poh Yin Mazlan, Ahmad Rizal Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The objective of this study is to examine the performance of manufacturing sector between Malaysia and Singapore in different economic environment, culture, institutional, accounting standard and regulatory system. Ratio analyses that consist of ten different ratios were selected and calculated for all manufacturing firms of Malaysia and Singapore in the year of 2016 for comparison according to ratio category. Wilcoxon Sign Rank Test and Multivariate Regression Analysis were used for data analysis. The results show that there is a significant difference between the manufacturing firms of the two countries in terms of Current ratio, Quick ratio, Asset turnover ratio and Return on assets (ROA). The difference may be explained by the influences of different economic environment and institutional structure especially on the logistic management system practiced in both countries. The multivariate regression analysis indicates that the ROA of Malaysian manufacturing firms is significantly related to quick ratio, inventory turnover, receivable turnover and interest coverage ratio while the ROA of Singaporean manufacturing firms is significantly related to interest coverage ratio only. This study suggests future researchers to look at other neighboring countries such as Indonesia and Thailand and extend the sector scope instead of focusing on only one sector. 2019 Thesis https://etd.uum.edu.my/8241/ https://etd.uum.edu.my/8241/1/s821379_01.pdf text eng staffonly https://etd.uum.edu.my/8241/2/depositpermission_s821379.pdf text eng staffonly https://etd.uum.edu.my/8241/3/s821379_references.docx text eng public other masters Universiti Utara Malaysia |
| institution |
Universiti Utara Malaysia |
| collection |
UUM ETD |
| language |
eng eng eng |
| advisor |
Mazlan, Ahmad Rizal |
| topic |
HG Finance |
| spellingShingle |
HG Finance Chia, Poh Yin Financial ratio comparison analysis of manufacturing firms listed in stock exchange of Malaysia and Singapore |
| description |
The objective of this study is to examine the performance of manufacturing sector between Malaysia and Singapore in different economic environment, culture, institutional, accounting standard and regulatory system. Ratio analyses that consist of ten different ratios were selected and calculated for all manufacturing firms of Malaysia and Singapore in the year of 2016 for comparison according to ratio category. Wilcoxon Sign Rank Test and Multivariate Regression Analysis were used for data analysis. The results show that there is a significant difference between the manufacturing firms of the two countries in terms of Current ratio, Quick ratio, Asset turnover ratio and Return on assets (ROA). The difference may be explained by the influences of different economic environment and institutional structure especially on the logistic management system practiced in both countries. The multivariate regression analysis indicates that the ROA of Malaysian manufacturing firms is significantly related to quick ratio, inventory turnover, receivable turnover and interest coverage ratio while the ROA of Singaporean manufacturing firms is significantly related to interest coverage ratio only. This study suggests future researchers to look at other neighboring countries such as Indonesia and Thailand and extend the sector scope instead of focusing on only one sector. |
| format |
Thesis |
| qualification_name |
other |
| qualification_level |
Master's degree |
| author |
Chia, Poh Yin |
| author_facet |
Chia, Poh Yin |
| author_sort |
Chia, Poh Yin |
| title |
Financial ratio comparison analysis of manufacturing firms listed in stock exchange of Malaysia and Singapore |
| title_short |
Financial ratio comparison analysis of manufacturing firms listed in stock exchange of Malaysia and Singapore |
| title_full |
Financial ratio comparison analysis of manufacturing firms listed in stock exchange of Malaysia and Singapore |
| title_fullStr |
Financial ratio comparison analysis of manufacturing firms listed in stock exchange of Malaysia and Singapore |
| title_full_unstemmed |
Financial ratio comparison analysis of manufacturing firms listed in stock exchange of Malaysia and Singapore |
| title_sort |
financial ratio comparison analysis of manufacturing firms listed in stock exchange of malaysia and singapore |
| granting_institution |
Universiti Utara Malaysia |
| granting_department |
Othman Yeop Abdullah Graduate School of Business |
| publishDate |
2019 |
| url |
https://etd.uum.edu.my/8241/1/s821379_01.pdf https://etd.uum.edu.my/8241/2/depositpermission_s821379.pdf https://etd.uum.edu.my/8241/3/s821379_references.docx |
| _version_ |
1747828358889078784 |