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 facto...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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UUM Press
2021
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| Online Access: | https://repo.uum.edu.my/id/eprint/28997/1/MMJ%2025%202021%20191-212.pdf https://doi.org/10.32890/mmj2021.25.8 |
| _version_ | 1803629560560877568 |
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| author | Abdul Manaf, Suhaily Maizan Bidin, Nor Fazirah Salleh, Wan Anisabanum Idris, Asma’ Rashidah Mohd Yusoff, Zetty Zahureen |
| author_facet | Abdul Manaf, Suhaily Maizan Bidin, Nor Fazirah Salleh, Wan Anisabanum Idris, Asma’ Rashidah Mohd Yusoff, Zetty Zahureen |
| author_sort | Abdul Manaf, Suhaily Maizan |
| collection | UUM |
| description | 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. |
| first_indexed | 2024-07-04T06:39:48Z |
| format | Article |
| id | uum-28997 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:39:48Z |
| publishDate | 2021 |
| publisher | UUM Press |
| record_format | dspace |
| spelling | uum-289972023-05-17T14:31:08Z https://repo.uum.edu.my/id/eprint/28997/ Profitability performance analysis: The evidence from private telecommunication firms in Malaysia Abdul Manaf, Suhaily Maizan Bidin, Nor Fazirah Salleh, Wan Anisabanum Idris, Asma’ Rashidah Mohd Yusoff, Zetty Zahureen HG Finance 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. UUM Press 2021 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/28997/1/MMJ%2025%202021%20191-212.pdf Abdul Manaf, Suhaily Maizan and Bidin, Nor Fazirah and Salleh, Wan Anisabanum and Idris, Asma’ Rashidah and Mohd Yusoff, Zetty Zahureen (2021) Profitability performance analysis: The evidence from private telecommunication firms in Malaysia. Malaysian Management Journal, 25. pp. 191-212. ISSN 0128-6226 https://e-journal.uum.edu.my/index.php/mmj/article/view/11369 https://doi.org/10.32890/mmj2021.25.8 https://doi.org/10.32890/mmj2021.25.8 |
| spellingShingle | HG Finance Abdul Manaf, Suhaily Maizan Bidin, Nor Fazirah Salleh, Wan Anisabanum Idris, Asma’ Rashidah Mohd Yusoff, Zetty Zahureen Profitability performance analysis: The evidence from private telecommunication firms in Malaysia |
| title | Profitability performance analysis: The evidence from private telecommunication firms in Malaysia |
| title_full | Profitability performance analysis: The evidence from private telecommunication firms in Malaysia |
| title_fullStr | Profitability performance analysis: The evidence from private telecommunication firms in Malaysia |
| title_full_unstemmed | Profitability performance analysis: The evidence from private telecommunication firms in Malaysia |
| title_short | Profitability performance analysis: The evidence from private telecommunication firms in Malaysia |
| title_sort | profitability performance analysis the evidence from private telecommunication firms in malaysia |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/28997/1/MMJ%2025%202021%20191-212.pdf https://doi.org/10.32890/mmj2021.25.8 |
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