PROFITABILITY PERFORMANCE ANALYSIS: THE EVIDENCE FROM PRIVATE TELECOMMUNICATION FIRMS IN MALAYSIA

This paper examines the macroeconomic factors influencing the profitability performance of private telecommunication firms in Malaysia. A yearly basis data between 2007 and 2016, which contained a total number of 49 data observations were analyzed using the Random Effects Model to estimate the factors of concern. The sources of these data have been predominantly extracted from DataStream. The variables involved in this investigation were liquidity (LIQ), leverage (LEV), firm size (SIZE), and gross domestic product (GDP). This study has been motivated by the declining profitability performance of private telecommunication firms in Malaysia, which has been attributed to the decreasing return on assets. The findings suggest that leverage has a significant and negative relationship with return on assets, while liquidity has a negative insignificant towards the firms’ profitability. On the other hand, firm size and gross domestic product have a substantial and positive relationship with return on assets. Moreover, the findings seemed to suggest that the bigger the size of a firm, the higher the total assets would be, which in turn, would improve the firm’s profitable performance. In sum, the prerequisite attribute that a telecommunication firm needed to possess in attaining high profitability performance was its strong and high productivity in the management of its total assets.

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INFLUENCE OF RISK ASSETS IMPAIRMENT ON PERFORMANCE OF NIGERIAN LISTED DEPOSIT MONEY BANKS

International Journal of Accounting & Finance Review ◽

10.46281/ijafr.v5i3.822 ◽

2020 ◽

Vol 5 (3) ◽

pp. 41-63

Author(s):

Adewale Joel Adebisi ◽

Adeyemi Wasiu Alabi ◽

Kolawole Fatimehin

Keyword(s):

Gross Domestic Product ◽

Negative Impact ◽

Positive Impact ◽

Random Effect ◽

Negative Relationship ◽

Secondary Data ◽

Negative Influence ◽

Domestic Product ◽

Return On Assets ◽

Operating Profit

Profitability is critical to the survival of Nigerian deposit money banks which is consistently been eroded by the impaired risk assets. Hence, this study was conducted to examine influence of risk assets impairment on performance of Nigerian deposit money banks. The specific objectives of the study were to; (i) determine the effect of impairment loss on operating profit; (ii) analyze effect non-performing loans ratio affect return on assets of Nigerian deposit money banks. Secondary data were collected and analysed using fixed and random effect regression analysis methods from a sample of 14 listed Nigerian deposit money banks. The study revealed that impairment loss, have significant negative relationship with operating profit (β=2.294, p‹ 0.01) and non-performing loan ratio have significant positive relationship with return on assets (β=0.067, p‹ 0.1). However, other variables such as inflation, liquidity and gross domestic product per capital also have effect on banks performance. The study concluded that risk assets impairment has significant negative influence on performance and that inflation, liquidity and gross domestic product have negative impact on profitability, while bank size has positive impact on profitability. The study recommended that; bank directors should put effective risk assets impairment test in place to boost reported profitability; the bank management should ensure effective management of liquidity ratio to boost return on equity; government policymakers should ensure that banks are mandated to disclose their risk assets impairment and expand their size by extending banking services to the unbanked areas.

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Corporate Social Responsibility and Entrepreneurship (CSRE): antidotes to poverty, insecurity and underdevelopment in Nigeria

Social Responsibility Journal ◽

10.1108/srj-11-2012-0138 ◽

2015 ◽

Vol 11 (1) ◽

pp. 56-81 ◽

Cited By ~ 12

Author(s):

Lukman Raimi ◽

Innocent Akhuemonkhan ◽

Olakunle Dare Ogunjirin

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Gross Domestic Product ◽

Private Sector ◽

Positive Relationship ◽

Social Problems ◽

Negative Relationship ◽

Domestic Product ◽

Content Type ◽

Corporate Social

Purpose – This paper aims to examine the prospect of utilising corporate social responsibility and entrepreneurship (CSRE) as antidotes for mitigating the incidences of poverty, insecurity and underdevelopment in Nigeria. The paper derives its theoretical foundation from the stakeholder, instrumental and legitimacy theories, which all justify the use of CSRE for actualisation of Triple Bottom Line (i.e. the social, economic and environmental concerns of business organisations). Design/methodology/approach – The study used the quantitative research method relying on the use of secondary data published by institutional bodies. The quantitative method entail a systematic extraction of reliable data on corporate social responsibility (CSR), insecurity, poverty and development from the publications of Office of the Millennium Development Goals in Nigeria, CLEEN Foundation, National Bureau of Statistics and Central Bank of Nigeria, respectively. For missing years, the authors improvised using projections as well as proxies. The extracted data, which spanned a period of 13 years, were subjected to econometric tests using SPSS, on the basis of which informed conclusions were drawn. Findings – The first econometric result indicates a negative relationship between gross domestic product and poverty. The second result indicates that there is a positive significant relationship between gross domestic product and total crime rate. The third result indicates that there exists a positive relationship between gross domestic product and unemployment rate. The fourth result indicates that there is a negative relationship between gross domestic product and industrial growth rate. The last result indicates that there is a significant positive relationship between gross domestic product and CSR. Research limitations/implications – The results of this research have macro-level application, hence the outcomes cannot be narrowed to any particular sector of the economy. A micro-level analysis across diverse sectors of the economy is recommended in future studies. The implication of this empirical research is that policymakers in the Nigerian private sector need to reinvent their CSR programmes as mechanisms for poverty eradication, entrepreneurship development (CSRE), dousing tension of restive youth, empowerment/support for security agencies for better crime prevention and for impacting on sustainable development. Practical implications – In the face of dwindling financial resources in the treasury of governments, the reinvention of CSRE by private sector organisations as complementary mechanisms for combating social problems is becoming acceptable in both developed and developing nations. This paper therefore boldly recommends that policymakers reinvent CSRE as development mechanisms through a sound partnership between government, advocacy groups and business corporations in Nigeria. Social implications – The paper explicates that CSR can indeed be reinvented by corporations as part of their social concerns to their operating environment instead of leaving all social problems to governments. Originality/value – The research lends credence to stakeholder, instrumental and legitimacy theories of CSR. It also justifies the plausibility of CSRE, a novel concept being promoted in this research.

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ANALYSIS OF LITHUANIAN DIRECT INVESTMENT INTO EUROPEAN UNION COUNTRIES / LIETUVOS TIESIOGINIŲ INVESTICIJŲ EUROPOS SĄJUNGOS ŠALYSE ANALIZĖ

Mokslas - Lietuvos ateitis ◽

10.3846/mla.2015.741 ◽

2015 ◽

Vol 7 (2) ◽

pp. 172-178

Author(s):

Evelina Zigmantavičiūtė ◽

Algita Miečinskienė

Keyword(s):

European Union ◽

Regression Analysis ◽

Gross Domestic Product ◽

Direct Investment ◽

Domestic Product ◽

Literature Analysis ◽

Macroeconomic Factors ◽

Factors Influencing ◽

Government Sector ◽

Jobless Rate

In this paper the valuation of macroeconomic factors influencing the Lithuanian direct investment into European Union was conducted. The problem of this paper is the different chosen macroeconomic factors influencing foreign direct investment. The object of this paper is Lithuanian direct investment. The methods of this paper include: comparative literature analysis, correlation regression analysis, paired regression analysis. After conducting a research of dependency of Lithuanian direct investment to EU countries from price changes, government sector income, gross domestic product, inflation, jobless rate results, it is found that gross domestic product and government sector income have the most influence on the changes of Lithuanian direct investment. Straipsnyje atliekamas makroekonominių veiksnių, darančių įtaką Lietuvos tiesioginėms investicijoms Europos Sąjungos šalyse, vertinimas. Straipsnio problema yra skirtingai parenkami makroekonominiai veiksniai, darantys įtaką tiesioginės užsienio investicijos. Straipsnio objektas – Lietuvos tiesioginės investicijos. Straipsnio metodai: sisteminė literatūros analizė, koreliacinė regresinė analizė, porinė regresinė analizė. Atlikus Lietuvos tiesioginių investicijų į ES šalis priklausomybės nuo kainų pokyčių, valdžios sektoriaus pajamų, bendro vidaus produkto, infliacijos, bedarbių skaičiaus tyrimą, paaiškėjo, kad Lietuvos tiesioginių investicijų kitimui didžiausią įtaką daro bendrojo vidaus produkto ir valdžios sektoriaus pajamų kitimai.

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PENGARUH KURS, GROSS DOMESTIC PRODUCT DAN SOLVABILITAS TERHADAP RETURN SAHAM INVESTOR PADA PERUSAHAAN PERTAMBANGAN

E-Jurnal Manajemen Universitas Udayana ◽

10.24843/ejmunud.2019.v08.i10.p20 ◽

2019 ◽

Vol 8 (10) ◽

pp. 6262

Author(s):

Martina Carissa Dewi ◽

Luh Gede Sri Artini

Keyword(s):

Exchange Rate ◽

Gross Domestic Product ◽

Exchange Rates ◽

Stock Returns ◽

Stock Exchange ◽

Sampling Technique ◽

Domestic Product ◽

Mining Company ◽

Macroeconomic Factors ◽

Regression Test

The level of return obtained by investors is influenced by microeconomic and macroeconomic factors. This study aims to obtain empirical evidence regarding the effect of exchange rates, Gross Domestic Product and solvency on stock returns. This research was conducted at the mining company in the coal sub-sector on the Indonesia Stock Exchange. All the coal mining sub-sector companies listed on the Stock Exchange for the period 2014-2017 used as the population. The method of determining the sample used is using a saturated sampling technique. Multiple linear regression test used as the data analysis on this research. Based on the results of the analysis of this study it was found that the exchange rate and GDP had a negative and significant effect on stock returns. The solvency proxied by DER has a positive and significant effect on stock returns. Keywords: Exchange Rate, Gross Domestic Product, Solvability and Return.

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The Determinant of Budget Fiscal Deficit of the Palestinian Authority and the Economic Factors Affecting It

Research in World Economy ◽

10.5430/rwe.v12n3p63 ◽

2021 ◽

Vol 12 (3) ◽

pp. 63

Author(s):

Khaled Hasan Zubdeh

Keyword(s):

Gross Domestic Product ◽

Current Account ◽

Unemployment Rate ◽

Budget Deficit ◽

Inflation Rate ◽

Negative Relationship ◽

Least Square ◽

Domestic Product ◽

Fiscal Deficit ◽

Balance Of Trade

A prolonged fiscal deficit is an inheriting problem for the Palestinian economy. This leaves the Palestinian authorities unable to pay for salaries and other needed money to spend on the infrastructure, education, health, and other services. The main aim of this study is to examine the relationship between the budget deficit and some indicators, gross domestic product, balance of trade, inflation rate, unemployment rate, and current account, using ordinary least square and ARMA methods for collected quarterly data for the years 2000-2018, and applying the data to a number of other tests such as unit roots test, Johansen cointegration test, normal distribution test, heteroskedasticity test, Breusch-Pagan-Godfrey, variance inflation factors, etcetera, using Eviews10 program. The study’s main findings showed a long-run cointegration relationship between the budget deficit and the independent variables included in the study. The gross domestic product, balance of trade, and unemployment rate have a significant negative relationship with the budget deficit, while the remaining variables, inflation rate and current account, have a significant positive relationship with budget deficit.

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Analisis Faktor Eksternal dan Internal Bank terhadap Risiko Pembiayaan Bank Umum Syariah di Indonesia Periode 2012-2015

BISMA (Bisnis dan Manajemen) ◽

10.26740/bisma.v9n1.p13-25 ◽

2018 ◽

Vol 9 (1) ◽

pp. 13

Author(s):

Amalia Eka Purnamasari ◽

Musdholifah Musdholifah

Keyword(s):

Exchange Rate ◽

Gross Domestic Product ◽

Linear Regression Analysis ◽

Secondary Data ◽

Negative Influence ◽

Capital Adequacy ◽

Domestic Product ◽

Analysis Model ◽

Return On Assets ◽

Capital Adequacy Ratio

The purpose of this research was to determine effect of growth gross domestic product, inflation, exchange rate, capital adequacy ratio, return on assets, operating expenses to operating revenues and bank size on financing risk (NPF) of Sharia Banks period 2012-2015. The data that use in this research is the secondary data, that is financial statement of Sharia Banks in Indonesia period 2012-2015. The sampling method that used in this research are purposive sampling and data analysis model used is the multiple linear regression analysis. The result of this research show that simultaneous each external and internal bank factor have influence on the NPF. But partially, showed that eksternal factor, namely growth gross domestic product, inflation and exchange rate have no influence on the NPF. While from the internal bank showed capital adequacy ratio and operating expenses to operating revenues have no influence, return on assets have a negative influence and bank size have a positive influence on the NPF.

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The effect of asset quality, profit and loss sharing on Sharia Banking Liquidity in Indonesia

Technium Social Sciences Journal ◽

10.47577/tssj.v27i1.5500 ◽

2022 ◽

Vol 27 ◽

pp. 423-436

Author(s):

Anggraeni Anggraeni ◽

Yulis Maulida Berniz

Keyword(s):

Gross Domestic Product ◽

Profit Sharing ◽

Capital Adequacy ◽

Domestic Product ◽

Islamic Banks ◽

Return On Assets ◽

Investment Bank ◽

For Profit ◽

Capital Adequacy Ratio ◽

Asset Quality

This study aims to determine the effect of asset quality variables (Non-Performing Financing), Profit and Loss Sharing (profit-loss sharing investment and profit-sharing investment account), capital adequacy ratio, bank size, return on assets, and gross domestic product on Islamic banking liquidity in Indonesia. The analysis was conducted using a sample of 7 Islamic commercial banks from the period March 2015 to December 2019. This study uses 2 multiple regression models of panel data with the results showing that Non-Performing Financing, profit-loss sharing investment, bank size, gross domestic product affect the liquidity of Islamic banks. , then for-profit sharing investment account, capital adequacy ratio, return on assets, does not affect the liquidity of Islamic banks.

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Cross-Country Analysis of the Growth–Employment–Poverty Nexus

10.1093/oso/9780198801085.003.0004 ◽

2017 ◽

Author(s):

Guillermo Cruces ◽

Gary S. Fields ◽

David Jaume ◽

Mariana Viollaz

Keyword(s):

Gross Domestic Product ◽

Labour Market ◽

Initial Level ◽

Domestic Product ◽

Macroeconomic Factors ◽

Country Analysis ◽

Per Capita ◽

Cross Country ◽

The Cross ◽

Market Indicator

This chapter looks at the cross-country link between growth, employment, and poverty. Findings indicate that: (i) faster growth is associated with larger improvements in labour market indicators, but the relationships are weak; (ii) there is no substantial relationship between the changes in labour market indicators and initial gross domestic product per capita or the initial level of the labour market indicator; (iii) some macroeconomic factors are related to changes in labour market indicators, some in the welfare-improving direction and some in the welfare-reducing direction; (iv) labour market indicators tend to move together, with no indicator improving while another is worsening; (v) there is a strong cross-country association between reductions in poverty and improvements in earnings and employment indicators.

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Small- and medium-sized enterprises (SME) growth and financing sources: Before and after the financial crisis

Journal of Management & Organization ◽

10.1017/jmo.2018.14 ◽

2018 ◽

pp. 1-16 ◽

Cited By ~ 5

Author(s):

Zélia Serrasqueiro ◽

João Leitão ◽

David Smallbone

Keyword(s):

Interest Rate ◽

Financial Crisis ◽

Gross Domestic Product ◽

Empirical Evidence ◽

Cash Flow ◽

Firm Size ◽

Domestic Product ◽

Before And After ◽

Negative Effect ◽

The Interest Rate

AbstractIn this study, the empirical evidence regarding small- and medium-sized enterprises’ (SMEs) growth determinants allows us to conclude that: (1) stimulating factors are cash flow and gross domestic product; (2) restrictive factors are: debt, firm size, age of the firm and the interest rate; and (3) in the period after 2008, the financial crisis and implementation of austerity measures, in the Portuguese context, produced a negative effect on SME growth. In the period 2008–2012, that is, after the beginning of the financial crisis, cash flow had less importance, while debt was found to have a stronger negative effect on SME growth, compared with the pre-crisis period.

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Analysis of Macroeconomic Factors Effect to Gross Domestic Product of Bosnia and Herzegovina Using the Multiple Linear Regression Model

ECONOMICS ◽

10.2478/eoik-2019-0022 ◽

2019 ◽

Vol 7 (2) ◽

pp. 91-97

Author(s):

Stanko Stanić ◽

Željko V. Račić

Keyword(s):

Growth Rate ◽

Gross Domestic Product ◽

Regression Model ◽

Bosnia And Herzegovina ◽

Export Growth ◽

Domestic Product ◽

Foreign Direct Investments ◽

Macroeconomic Factors ◽

Important Indicator ◽

Independent Variables

Abstract This paper presents the application of the multiple regression analysis model in macroeconomic research using the model of Bosnia and Herzegovina in the period from 2005 to 2018. The objective of the research is to evaluate the effects of macroeconomic factors (independent variables) to gross domestic product (dependent variable), and based on theoretical and methodological research. Applying the Enter method, out of six independent variables, they are all included in the regression model, whereas the sequence of inclusion in the model is the following: foreign direct investments, Import, Export, Growth rate, unemployment and inflation. Numerous research indicate positive connection between gross domestic product as the dependent variable and foreign direct investments, Import, Export, Growth rate, unemployment and inflation, as independent variables. Other factors negligibly explain the most important indicator of economic activities of a country. Our assignment is to either confirm or reject the abovementioned statement.

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