Corporate Governance and Performance of BreadTalk Group Limited.

rahmat, aidatul ain (2019): Corporate Governance and Performance of BreadTalk Group Limited. Published in: Corporate Governance and Performance of BreadTalk Group Limited. (28 November 2019)

Abstract

The study aims to measure corporate governance and its impact on firm performance and risk of BreadTalk Group Limited. The method of the study is a regression analysis of BreadTalk Group Limited by using SPSS System. The study found that BreadTalk has a decreasing performance year by year. If the company failed to decrease Debt to income, the performance and ability Company able to manage to make payments every month to repay the borrowed money become worst. Meaning that the company has borrowed too much money even though they earn a profit. The regression analysis shows that the performance of BreadTalk has greater influence by debt to income and corporate governance index (internal factor) and market risk products of Singapore (external factor).

• Item Type: MPRA Paper
• Language: English
• Keywords: return on asset, corporate governance, and macroeconomics.
• Subjects: G - Financial Economics > G3 - Corporate Finance and Governance; L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance

References

Tariq, Y. a. (2013). Compliance and multidimensional firm performance: evaluating efficacy of rule-based code of corporate governance. Economic Modelling, Vol. 35, pp. 565-575.

O’Connell, V. a. (2010). The relationship between firm performance and board characteristics in Ireland. European Management Journal, Vol. 28 No. 5, pp. 387-399.

Chiungfeng, Picheng L. and Asokan A. (2017), “The impact of operational risk incidents and moderating influence of corporate governance on credit risk and firm performance,” Journal of Accounting & Information Management, Vol. 27 No. 1, 2019, pp. 96-110

Jensen, M.C. and Meckling, W.H. (1976), “Theory of the firm: managerial behavior, agency costs and ownership structure”, Journal of Financial Economics, Vol. 3 No. 4, pp. 305

Suhadak, Kurniaty, S.R.H. and Mangesti (2018), “Stock return and financial performance as moderation variable in influence of good corporate governance towards corporate value”, Journal of Accounting Research, Vol. 4 No. 1, 2019 pp. 18-34

Kee H. C, John E., and J. C. K. (2010), “Corporate Governance and Liquidity”, Journal of financial and quantitative analysis, Vol. 45, no. 2, Apr. 2010, pp. 265-291

Chung, K. H., Elder, J., & Kim, J. C. (2010). Corporate governance and liquidity. Journal of Financial and Quantitative Analysis, 45(2), 265–291.

Dalwai, T. A. R., Basiruddin, R., & Rasid, S. Z. A. (2015). A critical review of relationship between corporate governance and firm performance: GCC banking sector perspective. Corporate Governance (Bingley), 15(1), 18–30.

Ko, C., Lee, P., & Anandarajan, A. (2019). The impact of operational risk incidents and moderating influence of corporate governance on credit risk and firm performance. International Journal of Accounting and Information Management, 27(1), 96–110.

Mwangi, G. (2012). The effect of credit risk management on the financial performance of commercial banks in Kenya. Unpublished Thesis, University of Nairobi.

Kubo, H. and Sakai, Y. (2011), “On long term credit risk assessment and rating: towards a new set of models”, Journal of Risk Research, Vol. 14 No. 9, pp. 1127-1141.

BreadTalk fined S$16,300 for repeatedly discharging illegal waste into sewers. (n.d.). Retrieved From https://www.todayonline.com/singapore/breadtalk-fined-s16300-repeatedly discharging -illegal-waste-sewers.

Breadtalk. (2014) 2013/14 Annual Report. Retrieved from: http://breadtalk.listedcompan .com/misc/ar2014.pdf

Breadtalk. (2015) 2014/15 Annual Report. Retrieved from: http://breadtalk.listedcompany. com/misc/ar2015.pdf

Breadtalk. (2016) 2015/16 Annual Report. Retrieved from: http://breadtalk.listedcompany .com/misc/ar2016.pdf

Breadtalk. (2017) 2016/17 Annual Report. Retrieved from: http://breadtalk.listedcompany .com/misc/ar2017.pdf

Breadtalk. (2018) 2017/18 Annual Report. Retrieved from: http://breadtalk.listedcompany .com/misc/ar2018.pdf