Factors Influencing Financial Performance of Takaful Firm In Malaysia

The objective of this study is to analyze the relationship between the internal factors and the financial performance of takaful companies in Malaysia. The internal factors that were tested are liquidity (LQ), return on equity (ROE), leverage (LV), and size of the firm (SIZE). The financial performa...

Full description

Saved in:
Bibliographic Details
Main Authors: Nur Adila Syahzanni, Mohd Izanni, Nurul Syuhada, Zaidi, Norlina, Kadri
Format: Article
Language:English
Published: UNIMAS Publisher 2024
Subjects:
Online Access:http://ir.unimas.my/id/eprint/47094/1/8585
http://ir.unimas.my/id/eprint/47094/
https://publisher.unimas.my/ojs/index.php/URAF/article/view/8585
https://doi.org/10.33736/uraf.8585.2024
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.unimas.ir-47094
record_format eprints
spelling my.unimas.ir-470942024-12-30T08:41:31Z http://ir.unimas.my/id/eprint/47094/ Factors Influencing Financial Performance of Takaful Firm In Malaysia Nur Adila Syahzanni, Mohd Izanni Nurul Syuhada, Zaidi Norlina, Kadri HG Finance The objective of this study is to analyze the relationship between the internal factors and the financial performance of takaful companies in Malaysia. The internal factors that were tested are liquidity (LQ), return on equity (ROE), leverage (LV), and size of the firm (SIZE). The financial performance of takaful firms is measured by using the return on assets (ROA) ratio. The study uses pecking order theory as the basis for explaining the disclosure of the financial performance of the firms involved. The type of data used in this research is secondary data, that are retrieved from the company’s annual report. The number sample in this study used is 6 takaful firms listed in Bursa Malaysia with observations year from 2016-2020. To analyze the relationship between all internal factors and takaful firm’s financial performance, the study uses Descriptive statistics, Corelation analysis, Durbin-Watson test (OLS), White test and Variance Inflation factors. To determine the suitable model, the Hausman test is used. The result of this research shows that liquidity level and leverage have a negative insignificant effect on takaful firm’s financial performance while return on equity and size of the firm is positively insignificant. UNIMAS Publisher 2024-12-26 Article PeerReviewed text en http://ir.unimas.my/id/eprint/47094/1/8585 Nur Adila Syahzanni, Mohd Izanni and Nurul Syuhada, Zaidi and Norlina, Kadri (2024) Factors Influencing Financial Performance of Takaful Firm In Malaysia. UNIMAS Review of Accounting and Finance, 8 (1). pp. 29-48. https://publisher.unimas.my/ojs/index.php/URAF/article/view/8585 https://doi.org/10.33736/uraf.8585.2024
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HG Finance
spellingShingle HG Finance
Nur Adila Syahzanni, Mohd Izanni
Nurul Syuhada, Zaidi
Norlina, Kadri
Factors Influencing Financial Performance of Takaful Firm In Malaysia
description The objective of this study is to analyze the relationship between the internal factors and the financial performance of takaful companies in Malaysia. The internal factors that were tested are liquidity (LQ), return on equity (ROE), leverage (LV), and size of the firm (SIZE). The financial performance of takaful firms is measured by using the return on assets (ROA) ratio. The study uses pecking order theory as the basis for explaining the disclosure of the financial performance of the firms involved. The type of data used in this research is secondary data, that are retrieved from the company’s annual report. The number sample in this study used is 6 takaful firms listed in Bursa Malaysia with observations year from 2016-2020. To analyze the relationship between all internal factors and takaful firm’s financial performance, the study uses Descriptive statistics, Corelation analysis, Durbin-Watson test (OLS), White test and Variance Inflation factors. To determine the suitable model, the Hausman test is used. The result of this research shows that liquidity level and leverage have a negative insignificant effect on takaful firm’s financial performance while return on equity and size of the firm is positively insignificant.
format Article
author Nur Adila Syahzanni, Mohd Izanni
Nurul Syuhada, Zaidi
Norlina, Kadri
author_facet Nur Adila Syahzanni, Mohd Izanni
Nurul Syuhada, Zaidi
Norlina, Kadri
author_sort Nur Adila Syahzanni, Mohd Izanni
title Factors Influencing Financial Performance of Takaful Firm In Malaysia
title_short Factors Influencing Financial Performance of Takaful Firm In Malaysia
title_full Factors Influencing Financial Performance of Takaful Firm In Malaysia
title_fullStr Factors Influencing Financial Performance of Takaful Firm In Malaysia
title_full_unstemmed Factors Influencing Financial Performance of Takaful Firm In Malaysia
title_sort factors influencing financial performance of takaful firm in malaysia
publisher UNIMAS Publisher
publishDate 2024
url http://ir.unimas.my/id/eprint/47094/1/8585
http://ir.unimas.my/id/eprint/47094/
https://publisher.unimas.my/ojs/index.php/URAF/article/view/8585
https://doi.org/10.33736/uraf.8585.2024
_version_ 1819914987401904128
score 13.223943