Company Performance and Its Determinants: A Study on New Hoong Fatt Holdings Berhad

Tan Ke Wen, Carmen (2023): Company Performance and Its Determinants: A Study on New Hoong Fatt Holdings Berhad.

Abstract

This study analysis the factors that might affect New Hoong Fatt Holdings Berhad's performance. The objective is to identify the variables, internal as well as external, and the combinations of factors that might influence New Hoong Fatt Holdings Berhad's performance. Regression analysis and statistical methods have been opted for in the current research issue in order to determine the degree of significance of the relationship between each of these variables. When a number of variables are taken into consideration, it is obvious that credit risk, rather than the remaining variables has the most influence over New Hoong Fatt Holdings Berhad's performance. However, while the closure of New Hoong Fatt Holdings Berhad's business in 2020 may have impacted the company's profitability, an analysis of the statistics suggests that the company's good management of credit risk may have also directly impacted its performance.

• Item Type: MPRA Paper
• Language: English
• Keywords: New Hoong Fatt Holdings Berhad, profitability, performance, ROE, corporate governance.
• Subjects: G - Financial Economics > G3 - Corporate Finance and Governance

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