The Performance and Risk of Heineken Malaysia Berhad

Song, Wei Ying (2017): The Performance and Risk of Heineken Malaysia Berhad.

Abstract

This study explores the overall performance of Heineken Berhad with specific determinants and the macroeconomic determinants on company profitability performance. Return on assets (ROA) is used as a measurement for company profitability while for independent variables, the company specifics determinants (internal factor) are size, operating, liquidity and leverage. While, the macroeconomic determinants (external factor) are gross domestic product (GDP), inflation, unemployment and exchange rate are used to determine the company profitability. The data are obtained from the annual report of Heineken Malaysia Berhad over period of 2001 to 2015 where analyzed by using correlation and regression in SPSS. The findings show the board remuneration has a negative and significant relationship with the ROA, implying that company must have a good set on remuneration policy which will have higher the company profit.

• Item Type: MPRA Paper
• Language: English
• Keywords: Risk, Profitability, Firm size, Operating, Liquidity, Remuneration and Inflation.
• Subjects: G - Financial Economics > G3 - Corporate Finance and Governance

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