The influence of macroeconomic determinations on corporate financial distress companies in Malaysia / Nur Fasihah Zamhuri
The purpose of this research is to contribute to the finance literature by providing further evidence on the influence of macroeconomic variables on corporate financial distress. This research is novel given the fact that not many researchers have been done on selected PN17 listed companies. In this...
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フォーマット: | Research Reports |
言語: | English |
出版事項: |
2022
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オンライン・アクセス: | https://ir.uitm.edu.my/id/eprint/63602/1/63602.pdf https://ir.uitm.edu.my/id/eprint/63602/ |
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要約: | The purpose of this research is to contribute to the finance literature by providing further evidence on the influence of macroeconomic variables on corporate financial distress. This research is novel given the fact that not many researchers have been done on selected PN17 listed companies. In this study are investigate the relationship between selected macroeconomic variables including interest rate (INT), inflation rate (INF), gross domestic product rate (GDP) and exchange rate (ER) towards the corporate financial distress in selected PN17 listed companies in Malaysia. This study used panel data where three (3) PN17 listed companies in Malaysia which are MAA Group Berhad, Malaysia Pacific Corporation Berhad and EKA Noodles Berhad within 10 years from 2008 to 2018. Fixed-effects (within) regression with cluster option had been selected as a final test in this study using STATA S.E 14.0. The finding of this study indicates that interest rate (INT) is a significant positive relationship, inflation rate (INF) are a significant negative relationship toward corporate financial distress in Malaysia. |
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