Specific risk factors and macroeconomic factor on profitability performance an empirical evidence of Top Glove Corporation Bhd

Loh, Choon Zhee (2017): Specific risk factors and macroeconomic factor on profitability performance an empirical evidence of Top Glove Corporation Bhd.

Abstract

The purpose of this study to conducted the overall performance of Top Glove Corporation with specific risk factors and macroeconomic factor on profitability performance. The data acquired from annual report of Top Glove Corporation starting from the year of 2011 until 2015. The measurement of liquidity ratio and operating ratio used to see the overall performance of Top Glove in 5 years which allegedly beyond benchmark. The additional measurement is the asset size, this variable has a negative and no significant relationship with liquidity risk. To see the relationship of risks factors to the profitability, this paper is utilizing liquidity (current ratio), GDP and operating ratio. Data is been analysed by utilizing the regression correlation. The regression analysis and bivariate correlation shows only one factor of profitability is significant to operating ratio which is ROA with the highest impact to the profitability. However, the liquidity and GDP are showing not significant relationship to profitability with low impact to the profitability.

• Item Type: MPRA Paper
• Language: English
• Keywords: Specific Risk, GDP, Liquidity Risk and Operational Risk, Systematic Risk, Profitability
• Subjects: G - Financial Economics > G1 - General Financial Markets; G - Financial Economics > G1 - General Financial Markets > G14 - Information and Market Efficiency ; Event Studies ; Insider Trading; I - Health, Education, and Welfare > I2 - Education and Research Institutions; I - Health, Education, and Welfare > I2 - Education and Research Institutions > I21 - Analysis of Education; I - Health, Education, and Welfare > I2 - Education and Research Institutions > I23 - Higher Education ; Research Institutions

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