Baba, Bello Usman (2014) The effect of accounting ratios on firm's value: Evidence from Malaysian listed companies. Masters thesis, Universiti Utara Malaysia.
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Abstract
This study empirically examines the effect of accounting ratios on firms' value among Malaysian listed companies. The study utilized a sample of top 100 leading companies in Malaysia (Index Companies) for the period covering 2008-2012. Based on the extensive review of literature, conceptual framework was proposed and hypotheses were developed to examine the relationship between the variables of the study. A multiple regression analysis was used in analyzing the data collected.
Findings from the study revealed that both liquidity and profitability ratios have a
significant effect on firms' value. On the basis of the findings, the study concludes that there is increasing need for a more credible and comprehensive disclosure of accounting ratios in the annual reports of companies. On this ground, the study recommends that Malaysian regulatory authorities implement a policy or a guideline that will encourage a uniform and comprehensive disclosure of accounting ratios by companies. This in turn will avail investors and other users of financial information a better means of evaluating and making a qualitative judgment on companies' financial performance
Item Type: | Thesis (Masters) |
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Supervisor : | Abdul Manaf, Kamarul Bahrain |
Item ID: | 5195 |
Uncontrolled Keywords: | Liquidity ratios, Profitability ratios, Financial Statement, Firms' Value, Malaysian Capital Market |
Subjects: | H Social Sciences > HF Commerce. > HF5601-5689 Accounting |
Divisions: | Othman Yeop Abdullah Graduate School of Business |
Date Deposited: | 17 Nov 2015 01:17 |
Last Modified: | 10 Apr 2022 00:30 |
Department: | Othman Yeop Abdullah Graduate School of Business |
Name: | Abdul Manaf, Kamarul Bahrain |
URI: | https://etd.uum.edu.my/id/eprint/5195 |