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Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman

The purpose of this study is to examine the determinants of the firm's value from 15 listed steel companies of Bursa Malaysia from the year of 2007 until 2016. There were 150 observations which were involved in this paper. Five independent variables were involved which are net profit margin, op...

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Main Author: Azman, Farah Aqilah
Format: Thesis
Language:English
Published: 2017
Subjects:
Financial management. Business finance. Corporation finance
Online Access:https://ir.uitm.edu.my/id/eprint/93657/2/93657.pdf
https://ir.uitm.edu.my/id/eprint/93657/
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spelling my.uitm.ir.936572024-07-27T16:53:58Z https://ir.uitm.edu.my/id/eprint/93657/ Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman Azman, Farah Aqilah Financial management. Business finance. Corporation finance The purpose of this study is to examine the determinants of the firm's value from 15 listed steel companies of Bursa Malaysia from the year of 2007 until 2016. There were 150 observations which were involved in this paper. Five independent variables were involved which are net profit margin, operating cost, book value per share, earnings per share and dividend per share. These variables were tested to be the determinants of the firm's value. In this study, panel data fixed effect model were applied by using EViews 8.1. There were two independent variables were significant which are operating cost and the dividend per share. The other three independent variables were insignificant from the results which are net profit margin, book value per share and earnings per share. This study had R-squared of 0.973906, which means there were 97.39% of the dependent variable was explained by the independent variables. But R-squared is still known to be biased, thus it had the adjusted R-squared of 0.970092, means there were 97.01% of the variability in firm's value is explained by the explanatory variables which are net profit margin, operating cost, book value per share, earnings per share and dividend per share. On top of that, the results showed the Prob (F-statistics) of 0.000000 which does mean the independent variables used do show significant impact to the firm's value of the steel companies involved in Malaysia. 2017 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/93657/2/93657.pdf Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman. (2017) Degree thesis, thesis, Universiti Teknologi MARA, Johor.
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
topic Financial management. Business finance. Corporation finance
spellingShingle Financial management. Business finance. Corporation finance
Azman, Farah Aqilah
Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
description The purpose of this study is to examine the determinants of the firm's value from 15 listed steel companies of Bursa Malaysia from the year of 2007 until 2016. There were 150 observations which were involved in this paper. Five independent variables were involved which are net profit margin, operating cost, book value per share, earnings per share and dividend per share. These variables were tested to be the determinants of the firm's value. In this study, panel data fixed effect model were applied by using EViews 8.1. There were two independent variables were significant which are operating cost and the dividend per share. The other three independent variables were insignificant from the results which are net profit margin, book value per share and earnings per share. This study had R-squared of 0.973906, which means there were 97.39% of the dependent variable was explained by the independent variables. But R-squared is still known to be biased, thus it had the adjusted R-squared of 0.970092, means there were 97.01% of the variability in firm's value is explained by the explanatory variables which are net profit margin, operating cost, book value per share, earnings per share and dividend per share. On top of that, the results showed the Prob (F-statistics) of 0.000000 which does mean the independent variables used do show significant impact to the firm's value of the steel companies involved in Malaysia.
format Thesis
author Azman, Farah Aqilah
author_facet Azman, Farah Aqilah
author_sort Azman, Farah Aqilah
title Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_short Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_full Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_fullStr Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_full_unstemmed Determinants of the firm's value: the study of steel industry in public listed companies of Bursa Malaysia / Farah Aqilah Azman
title_sort determinants of the firm's value: the study of steel industry in public listed companies of bursa malaysia / farah aqilah azman
publishDate 2017
url https://ir.uitm.edu.my/id/eprint/93657/2/93657.pdf
https://ir.uitm.edu.my/id/eprint/93657/
_version_ 1806422080187531264
score 13.211869

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