UNIMAS Review of Accounting and Finance最新文献

AN INTERACTION BETWEEN BOARD ATTRIBUTES AND EARNINGS MANAGEMENT OF LISTED MANUFACTURING COMPANIES IN NIGERIA 尼日利亚制造业上市公司董事会属性与收益管理之间的相互作用

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-28 DOI: 10.33736/uraf.6415.2023

J. Akindele, A. Marsidi, T. O. Bakare, A. Aliyu

引用次数: 0

CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AND COST OF EQUITY EVIDENCE FROM PUBLIC LISTED COMPANIES IN MALAYSIA 马来西亚上市公司的企业社会责任披露和股权成本证据

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-26 DOI: 10.33736/uraf.6387.2023

Mohd Waliuddin Mohd Razali, Tracia S Sim, Damien Lee Iung Yau Lung Yau, Fatin Nur Hidayah Taib Khan, Shazali Shaharuddin

{"title":"CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE AND COST OF EQUITY EVIDENCE FROM PUBLIC LISTED COMPANIES IN MALAYSIA","authors":"Mohd Waliuddin Mohd Razali, Tracia S Sim, Damien Lee Iung Yau Lung Yau, Fatin Nur Hidayah Taib Khan, Shazali Shaharuddin","doi":"10.33736/uraf.6387.2023","DOIUrl":"https://doi.org/10.33736/uraf.6387.2023","url":null,"abstract":"Corporate social responsibility (CSR) has been rolled out in recent years as it has become vital owing to the massive growth of financial institutions, mutual funds, online resources, and other publications. CSR disclosure could reduce the cost of equity. The study's main objective is to investigate the CSR disclosure by companies listed in Malaysia towards the cost of equity. This study is based on three hundred four (304) samples of Malaysian listed companies from 2013 to 2014. The data of the samples were mainly collected from annual reports, except for financial data which were collected from DataStream. The result revealed that the CSR disclosure in the annual report could reduce the company's cost of equity by reducing information asymmetry, reducing agency costs, and reducing companies' risk. The result also shows that liquidity has a significant negative relationship with the cost of equity. The higher information disclosure enhances stock market liquidity, thus, reducing the cost of equity through the reduction of risk as well increasing demand for a company's securities. The size, liquidity, and growth have a significant relationship with the cost of equity.","PeriodicalId":187805,"journal":{"name":"UNIMAS Review of Accounting and Finance","volume":"2 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139156527","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

THE IMPACT OF TRADE, FOREIGN DIRECT INVESTMENT (FDI), AND ECONOMIC GROWTH ON CARBON DIOXIDE (CO2) EMISSIONS IN SELECTED ASIAN COUNTRIES 部分亚洲国家的贸易、外国直接投资（FDI）和经济增长对二氧化碳（CO2）排放的影响

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-25 DOI: 10.33736/uraf.5205.2023

Yu Tian Li

{"title":"THE IMPACT OF TRADE, FOREIGN DIRECT INVESTMENT (FDI), AND ECONOMIC GROWTH ON CARBON DIOXIDE (CO2) EMISSIONS IN SELECTED ASIAN COUNTRIES","authors":"Yu Tian Li","doi":"10.33736/uraf.5205.2023","DOIUrl":"https://doi.org/10.33736/uraf.5205.2023","url":null,"abstract":"This study examines the impact of trade, foreign direct investment (FDI), and economic growth on carbon dioxide (CO2) emissions in Selected Asian countries for the period 1990 to 2019. The objectives of this study are (1) to investigate the relationship between trade and CO2 emission, (2) to investigate the relationship between FDI and CO2 emission, and (3) to investigate the relationship between economic growth and CO2 emission. This study uses ordinary least squares (OLS) method to analyze the data. Multicollinearity test, heteroskedasticity test, and serial correlation test were also used to check the stability of the model. In addition, Granger causality test was applied to this study. The results show that there is a significant positive correlation between economic growth and CO2 emissions. If GDP increases by 1%, the average CO2 emission will increase by 0.186%, holding other variables constant. The explanation of trade and FDI on CO2 emissions is insignificant. Multicollinearity, heteroskedasticity and serial correlation are not present in the model of this study. Finally, the results of Granger causality test show that there is no Granger causality between independent variables and dependent variable. The government establishes better environmental regulations and strengthens the regulation of chemical and heavy industry sectors. Promoting technological advancement and investment in new energy technologies, government focus on energy efficiency and environmental initiatives in the corporate sector can effectively curb the growth of CO2 emissions.","PeriodicalId":187805,"journal":{"name":"UNIMAS Review of Accounting and Finance","volume":"3 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139157337","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

CAPITAL STRUCTURE AND PERFORMANCE OF MANUFACTURING COMPANIES ON BURSA MALAYSIA 马来西亚证券交易所制造业公司的资本结构和业绩

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-25 DOI: 10.33736/uraf.6386.2023

Lee Fah Chen, A. Marsidi

引用次数: 0

DIVIDEND POLICY EFFECTS ON FIRMS’ VALUE IN MALAYSIAN PLANTATION SECTOR 股利政策对马来西亚种植业企业价值的影响

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-24 DOI: 10.33736/uraf.5116.2023

Nazaria Md Aris, Yuin Weng Tan, Brenda Nu Minggu, Pei Jia Lim

{"title":"DIVIDEND POLICY EFFECTS ON FIRMS’ VALUE IN MALAYSIAN PLANTATION SECTOR","authors":"Nazaria Md Aris, Yuin Weng Tan, Brenda Nu Minggu, Pei Jia Lim","doi":"10.33736/uraf.5116.2023","DOIUrl":"https://doi.org/10.33736/uraf.5116.2023","url":null,"abstract":"Dividend policy relay information regarding the dividend decision made by the firm, and it is crucial to the shareholders and investors due to the potential impact on the value of a firm. This study aims to investigate the influence of dividend policy and firms’ value for the plantation sector in Malaysia. Thus, the determinants for dividend policy are dividend payout ratio, price earnings ratio, and earnings per share while the firms’ value is represented by Tobin’s Q. Based on a quantitative approach, 44 firms of plantation sectors listed in Bursa Malaysia from 2016 to 2019. The data were collected from the published annual reports and audited financial statements of the local plantation firms and analyzed using EViews version 10. Based on the findings, the dividend payout ratio has a negative significant relationship with firms’ value. The price earnings ratio has a negative influence on firms’ value while earnings per share have a positive influence on firms’ value. However, these relationships were reported as insignificant. This study attempts to contribute to the body of knowledge and highlights the valuable implication to the management, stakeholders, and policy makers of the plantation sector in Malaysia.","PeriodicalId":187805,"journal":{"name":"UNIMAS Review of Accounting and Finance","volume":"2008 25","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139160260","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

CEO GENDER AND FIRM PERFORMANCE IN MALAYSIA 马来西亚首席执行官的性别与公司业绩

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-24 DOI: 10.33736/uraf.6382.2023

Bakri Abdul Karim, Norlina Kadri, Jenifer Yam Sat, Nur Hazwani Maryam Kassim, Wong Yi Ting

引用次数: 0

CASH CONVERSION CYCLE EFFECTS ON PROFITABILITY OF MALAYSIAN PLANTATION SECTOR 现金转换周期对马来西亚种植业盈利能力的影响

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-24 DOI: 10.33736/uraf.5115.2023

Nazaria Md Aris, Brenda Nu Minggu, Yuin Weng Tan, Pei Jia Lim, Ahmad Syubaili Mohamed

{"title":"CASH CONVERSION CYCLE EFFECTS ON PROFITABILITY OF MALAYSIAN PLANTATION SECTOR","authors":"Nazaria Md Aris, Brenda Nu Minggu, Yuin Weng Tan, Pei Jia Lim, Ahmad Syubaili Mohamed","doi":"10.33736/uraf.5115.2023","DOIUrl":"https://doi.org/10.33736/uraf.5115.2023","url":null,"abstract":"The cash conversion cycle (CCC) is a crucial indicator in determining how efficiently a firm can turn its inventory into sales and subsequently into cash. Data from 43 firms listed in Bursa Malaysia from 2016 to 2019 were used to study the relationship between the CCC and profitability. The determinants for CCC are the days sales outstanding (DSO), days payables outstanding (DPO), and days inventory outstanding (DIO) while profitability is represented by the return on assets (ROA) of the firms. The data were collected from the published annual reports and audited financial statements of the local plantation firms and analyzed using EViews version 10. The result reported that DSO positively influences profitability significantly. DIO also reported a positive influence on profitability but the relationship is insignificant. On the other hand, DPO has an adverse effect on profitability and the relationship is insignificant. The findings provide useful information for the Malaysian government, investors, and policymakers in developing effective policies, rules, or regulations to promote economic productivity, growth, and the best plantation financing decision.","PeriodicalId":187805,"journal":{"name":"UNIMAS Review of Accounting and Finance","volume":"333 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139160851","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

THE IMPACTS OF FINANCIAL RATIOS ON STOCK PRICES IN MALAYSIA: EVIDENCE FROM BANKING INDUSTRY 财务比率对马来西亚股票价格的影响：来自银行业的证据

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-24 DOI: 10.33736/uraf.6380.2023

Bakri Abdul Karim, Annescia Franciene Patres, Bridney Chow Yi Ying, Jefferson Tiong Kung Lien

引用次数: 0

THE EFFECT OF SHARE REPURCHASE ON THE PERFORMANCE OF COMPANIES LISTED ON BURSA MALAYSIA 股票回购对马来西亚证券交易所上市公司绩效的影响

UNIMAS Review of Accounting and Finance Pub Date : 2023-12-24 DOI: 10.33736/uraf.5288.2023

Nurul Izza, Abd Malek, Mohamad Jais, Kho Lian

{"title":"THE EFFECT OF SHARE REPURCHASE ON THE PERFORMANCE OF COMPANIES LISTED ON BURSA MALAYSIA","authors":"Nurul Izza, Abd Malek, Mohamad Jais, Kho Lian","doi":"10.33736/uraf.5288.2023","DOIUrl":"https://doi.org/10.33736/uraf.5288.2023","url":null,"abstract":"The aim of this research is to examine the impact of share repurchase towards the performance of listed companies in Bursa Malaysia. Share repurchase has become significantly popular in recent years. It has been recognized as one of the effective tools to enhance communication between companies and their shareholders. This research consists of two specific objectives; to examine the relationship between repurchases of shares and the performance of listed companies on Bursa Malaysia and to examine the relationship between Share repurchase and return on asset (ROA). This research comprises several theories such as signaling theory, efficient market hypothesis, free cash flow hypothesis as well as substitution hypothesis. In this research, company performance is the dependent variable while the independent variables are known as share repurchase. The impact of independent variable towards dependent variable has been examined in this research. Furthermore, asset turnover, cash flow margin, leverage, and market-to-book ratio of company was the control variable. This research has employed secondary data to examine the effect of share repurchase towards listed company’s performance in Bursa Malaysia. The data was derived from several sources such as Bursa Malaysia official website, annual report of the company as well as DataStream database. Several statistic tests have been carried out to test the objective of research.","PeriodicalId":187805,"journal":{"name":"UNIMAS Review of Accounting and Finance","volume":"476 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139160835","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Financial Literacy and Financial Behaviour in Four Different Age Groups in Malaysia 马来西亚四个不同年龄组的金融知识和金融行为

UNIMAS Review of Accounting and Finance Pub Date : 2022-12-30 DOI: 10.33736/uraf.5248.2022

J. Yau

引用次数: 0