The Effect of Sustainability Information Disclosure on Financial and Market Performance: Empirical Evidence from Indonesia and Malaysia
Pancawati Hardiningsih
· Indira Januarti
· Etna Nur Afri Yuyetta
· Ceacilia Srimindarti
· Udin Udin
·International Journal of Energy Economics and Policy ·2020 ·JEL: E44, M14, Q56
This study aims to analyze the effect of sustainability information disclosure on financial and market performance. Using purposive sampling, this study obtains 21 mining sector companies in Indonesia and 18 companies in Malaysia. Regressio...
Determinants of capital structure and firm financial performance—A PLS-SEM approach: Evidence from Malaysia and Indonesia
Nur Ainna Ramli
· Hengky Latan
· Grace T.Solovida
·Quarterly Review of Economics and Finance ·2019 ·JEL: G14; G10; M41
We examine the impact of capital structure determinants on firm financial performance together with the mediation effect of firm leverage in Malaysia and Indonesia over the period of 1990–2010. Our results show that certain of the capital s...
The effects of financial and operational hedging on company value: The case of Malaysian multinationals
Azadeh Hadian
· Cahit Adaoglu
·Journal of Asian Economics ·2020 ·JEL: F30, G32
This study examines the value effects of financial and operational hedging in a managed floating exchange rate regime with strict limitations on the trading of Malaysian Ringgit for a sample of 109 Malaysian multinationals from 2004–2018. U...
Effects of bank capital on liquidity creation and business diversification: Evidence from Malaysia
Moau Yong Toh
·Journal of Asian Economics ·2019 ·JEL: G21; G28
This paper examines the effects of bank capital ratios on liquidity creation and business diversification for Malaysia. Annual data are analyzed for 28 commercial banks for the period 2001⬜2017. We observe that the average equity capital a...
The Impact of Audit Quality, Audit Committee and Financial Reporting Quality: Evidence from Malaysia
Shahanif Hasan
· Aza Azlina Md. Kassim
· Mohamad Ali Abdul Hamid
·International Journal of Economics and Financial Issues ·2020 ·JEL: G3, M42
In recent decades, there has been a noticeable increase in the practice of earnings management (EM) as a proxy for financial reporting, especially real activities, with effect on the quality of financial statements. The role of the audit co...
Bank lending and the business cycle: Does ownership matter in ASEAN countries?
Fazelina Sahul Hamid
·Journal of Asian Economics ·2020
We analyze the lending cyclicality of 213 ASEAN commercial banks over the period 2001–2015. The findings indicate that lending by private banks is procyclical while lending by state banks is countercyclical. Long-term liabilities also move...
Determinants of Tax Aggressiveness: Empirical Evidence from Malaysia
Rosmaria Jaffar
· Chek Derashid
· Roshaiza Taha
·Journal of Asian Finance, Economics and Business ·2021 ·JEL: H25, H26, M41
The purpose of this study is to examine the level of aggressive tax planning (ATP) among companies listed in the Access, Certainty, Efficiency (ACE) Market of Bursa Malaysia. On top of that, this study also investigates the relationship bet...
Long Run Dynamic Relationships between Oil Prices, Exchange Rates, Stock Market and Interest Rate in Malaysia
Sabariah Nordin
· Afiruddin Tapa
· Hamdan Al-Jaifi
·International Journal of Supply Chain Management ·2018
This study intends to identify the long run relationships between oil price, exchange rates, stock market and interest rate in the context of Malaysia. Weekly data from 1 January 2006 until 22 April 2018 were used. Unit root tests of ADF an...
Revisiting the Impact of Stock Market Liquidity on Bank Liquidity Creation: Evidence from Malaysia
Moau Yong Toh
· Christopher Gan
· Zhaohua Li
·Emerging Markets Finance and Trade ·2018 ·JEL: E44; G10; G21
This article examines the impact of stock market liquidity on bank liquidity creation in Malaysia. Our results indicate that a stock market enhances the liquidity creation of banks both on and off the banks’ balance sheets when the market l...
Exchange rate exposure revisited in Malaysia: a tale of two measures
Jaratin Lily
· Imbarine Bujang
· Abdul Aziz Karia
· Jaratin Lily
· Mori Kogid
·Eurasian Business Review ·2017 ·JEL: F23; F31; G15
This paper investigates a tale of two measures, which are market portfolio returns and exchange rate movements. The two measures are important risk factors which affect firm share returns. This study also demonstrates that the orthogonalize...
The impact of monetary policy on Islamic bank financing: bank-level evidence from Malaysia
Muhamed Zulkhibri
·Journal of Economics, Finance and Administrative Science ·2018
Purpose This paper aims to examine the distributional differences of Islamic bank financing responses to financing rate across bank-specific characteristics in dual banking system. The study also aims to provide understanding of how efficie...
Comparative study on credit risk in Islamic banking institutions: The case of Malaysia
Mongi Lassoued
·Quarterly Review of Economics and Finance ·2018 ·JEL: G18; G21; G32; G33
The study of credit risk is a great interest and the debate over the relative credit risk of Islamic banks remains open. The study aims at addressing this key question: Do Islamic banks (IBs) have higher credit risk than conventional banks...