The performance and corporate risk-taking of firms: evidence from Malaysian agricultural firms

Hanis Hazwani Ahmad and Adilah Azhari

Journal of Agribusiness in Developing and Emerging Economies, 2021, vol. 12, issue 5, 791-808

Abstract: Purpose - This study explores the effects of the performance and corporate risk-taking behaviour of agricultural firms. Despite its importance in mitigating climate change, the agricultural sector also faces global competition, market liberalisation, rapid technological advances and the starter of stricter quality and safety procedures, all of which require firms to take greater risks. Design/methodology/approach - This study explores this relationship by applying generalised least square (GLS), random effect methodologies (REM) and generalised method of moments (GMM). Findings - The findings report a favourable relationship between firm performance and corporate risk-taking using a sample of firms from an emerging market. Research limitations/implications - The effects of these results for management practice and recommendations for further research were examined. Originality/value - While this empirical study used a sample focused on a single industry, most previous studies focused on multiple industries. The originality of this study is its analysis of how firm performance affects corporate risk-taking in the Malaysian agriculture sector.

Keywords: Firm performance; Corporate risk-taking; Agricultural firms (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jadeep:jadee-11-2020-0267

DOI: 10.1108/JADEE-11-2020-0267

Access Statistics for this article

Journal of Agribusiness in Developing and Emerging Economies is currently edited by Anthony N. Rezitis

More articles in Journal of Agribusiness in Developing and Emerging Economies from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().