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Financial difficulties and firm performance among problematic firms / Noor Azira Sawal

This study aims to investigate whether the problematic firms that were listed under PN17 really suffer financial difficulties prior to their fraud perpetration by using the proxy of default risk and financial distress. Then, the effect of the default risk and financial distress will be analyzed on t...

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Main Author: Sawal, Noor Azira
Format: Thesis
Language:English
Published: 2013
Online Access:https://ir.uitm.edu.my/id/eprint/17180/2/TM_NOOR%20AZIRA%20SAWAL%20AC%2013_5.pdf
https://ir.uitm.edu.my/id/eprint/17180/
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spelling my.uitm.ir.171802022-04-11T03:27:59Z https://ir.uitm.edu.my/id/eprint/17180/ Financial difficulties and firm performance among problematic firms / Noor Azira Sawal Sawal, Noor Azira This study aims to investigate whether the problematic firms that were listed under PN17 really suffer financial difficulties prior to their fraud perpetration by using the proxy of default risk and financial distress. Then, the effect of the default risk and financial distress will be analyzed on the performance of problematic firms. The population for this study is 175 problematic firms in Malaysia which identified based on media released by Bursa Malaysia. These firms are categorized under the PN17 Listing from year 2001 to 2012.As for this study, the results show that the default risk has significant negative effect on firm's performance among problematic firms. This implies that default risk of problematic firms could negatively affect the firm's performance. In addition, there is negative relationship between financial distress and firm's performance. The result of this study could pave way to any agency that monitors the misconducts among listed firms as financial difficulties may give early signal to warn a company of the possibility of severe fraud occurrence in the future. Moreover, the effect of financial difficulties will give some extent of indicators to public on the tendency to commit fraud due to financial desperation. This study could also help in formulating the guidelines on how to mitigate the effect of fraud perpetration among firms that faced financial difficulties. 2013-06 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/17180/2/TM_NOOR%20AZIRA%20SAWAL%20AC%2013_5.pdf (2013) Financial difficulties and firm performance among problematic firms / Noor Azira Sawal. Masters thesis, thesis, Universiti Teknologi MARA.
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
description This study aims to investigate whether the problematic firms that were listed under PN17 really suffer financial difficulties prior to their fraud perpetration by using the proxy of default risk and financial distress. Then, the effect of the default risk and financial distress will be analyzed on the performance of problematic firms. The population for this study is 175 problematic firms in Malaysia which identified based on media released by Bursa Malaysia. These firms are categorized under the PN17 Listing from year 2001 to 2012.As for this study, the results show that the default risk has significant negative effect on firm's performance among problematic firms. This implies that default risk of problematic firms could negatively affect the firm's performance. In addition, there is negative relationship between financial distress and firm's performance. The result of this study could pave way to any agency that monitors the misconducts among listed firms as financial difficulties may give early signal to warn a company of the possibility of severe fraud occurrence in the future. Moreover, the effect of financial difficulties will give some extent of indicators to public on the tendency to commit fraud due to financial desperation. This study could also help in formulating the guidelines on how to mitigate the effect of fraud perpetration among firms that faced financial difficulties.
format Thesis
author Sawal, Noor Azira
spellingShingle Sawal, Noor Azira
Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
author_facet Sawal, Noor Azira
author_sort Sawal, Noor Azira
title Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_short Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_full Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_fullStr Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_full_unstemmed Financial difficulties and firm performance among problematic firms / Noor Azira Sawal
title_sort financial difficulties and firm performance among problematic firms / noor azira sawal
publishDate 2013
url https://ir.uitm.edu.my/id/eprint/17180/2/TM_NOOR%20AZIRA%20SAWAL%20AC%2013_5.pdf
https://ir.uitm.edu.my/id/eprint/17180/
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score 13.211869

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