The influence of R&D activities on the financial performance of firms: Evidence from Malaysia
The main aim of this study is to investigate the influence of R&D activities on the financial performance of the firm. R&D activities were presented by three variables, namely R&D capitalization, R&D expenses, and R&D intensity. Firm financial performance was presented by return...
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my-uum-etd.94312022-08-10T01:02:09Z The influence of R&D activities on the financial performance of firms: Evidence from Malaysia 2019 Fayad, Abdallah A.S. Mohd Ariff, Arifatul Husna Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The main aim of this study is to investigate the influence of R&D activities on the financial performance of the firm. R&D activities were presented by three variables, namely R&D capitalization, R&D expenses, and R&D intensity. Firm financial performance was presented by return on assets (ROA), return on equity (ROE), and Tobin’s Q ratio. Moreover, the study used four control variables, namely, leverage, growth, size, and audit quality. The current study used information from 29 companies listed on Bursa Malaysia from 2013 to 2017 which have five years R&D disclosures information. Linear regression analysis was used to examine the impacts of those variables on financial performance. The results of this study showed that capitalized R&D has a significant negative relationship with ROA and ROE. Similarly, the results show a significant negative relationship between expensed R&D and Tobin’s Q. Also, the R&D intensity showed a positive and significant relationship with Tobin’s Q. 2019 Thesis https://etd.uum.edu.my/9431/ https://etd.uum.edu.my/9431/1/s823567_01.pdf text eng public https://etd.uum.edu.my/9431/2/s823567_02.pdf text eng public https://etd.uum.edu.my/9431/3/s823567_references.docx text eng public other masters Universiti Utara Malaysia |
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Universiti Utara Malaysia |
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UUM ETD |
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eng eng eng |
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Mohd Ariff, Arifatul Husna |
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HG Finance |
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HG Finance Fayad, Abdallah A.S. The influence of R&D activities on the financial performance of firms: Evidence from Malaysia |
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The main aim of this study is to investigate the influence of R&D activities on the financial performance of the firm. R&D activities were presented by three variables, namely R&D capitalization, R&D expenses, and R&D intensity. Firm financial performance was presented by return on assets (ROA), return on equity (ROE), and Tobin’s Q ratio. Moreover, the study used four control variables, namely, leverage, growth, size, and audit quality. The current study used information from 29 companies listed on Bursa Malaysia from 2013 to 2017 which have five years R&D disclosures information. Linear regression analysis was used to examine the impacts of those variables on financial performance. The results of this study showed that capitalized R&D has a significant negative relationship with ROA and ROE. Similarly, the results show a significant negative relationship between expensed R&D and Tobin’s Q. Also, the R&D intensity showed a positive and significant relationship with Tobin’s Q. |
format |
Thesis |
qualification_name |
other |
qualification_level |
Master's degree |
author |
Fayad, Abdallah A.S. |
author_facet |
Fayad, Abdallah A.S. |
author_sort |
Fayad, Abdallah A.S. |
title |
The influence of R&D activities on the financial performance of firms: Evidence from Malaysia |
title_short |
The influence of R&D activities on the financial performance of firms: Evidence from Malaysia |
title_full |
The influence of R&D activities on the financial performance of firms: Evidence from Malaysia |
title_fullStr |
The influence of R&D activities on the financial performance of firms: Evidence from Malaysia |
title_full_unstemmed |
The influence of R&D activities on the financial performance of firms: Evidence from Malaysia |
title_sort |
influence of r&d activities on the financial performance of firms: evidence from malaysia |
granting_institution |
Universiti Utara Malaysia |
granting_department |
Othman Yeop Abdullah Graduate School of Business |
publishDate |
2019 |
url |
https://etd.uum.edu.my/9431/1/s823567_01.pdf https://etd.uum.edu.my/9431/2/s823567_02.pdf https://etd.uum.edu.my/9431/3/s823567_references.docx |
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1747828595390152704 |