AN EMPIRICAL STUDY OF FINANCIAL PERFORMANCE EVALUATION OF A MALAYSIAN MANUFACTURING COMPANY

Maryam Mohammadi and Afagh Malek

Academica Science Journal, Economica Series, 2012, vol. 1, issue 1, 95-102

Abstract: Accounting principles are useful tools in executing and improving a successful practice management plan. In today’s competitive environment, evaluating the financial performance is crucial for companies in manufacturing sector. The analysis of financial performance reflects the financial position of the company, the level of the competitiveness in the same sector, and a thorough knowledge about the cost and profit centres within the firm. Managers, investors, and creditors can then apply this accounting information provided by financial analysis in their strategic planning and investment decisions. This study investigates the financial performance of an investment company in Malaysia for a three-year period from 2009 to 2011, which is assessed using financial ratios. The findings pointed out that overall company performance reduced remarkably in the last year of the analysis. This study principally emphasizes on how accounting information aids budgetary decision-makers to evaluate the company financial performance, determine its future obligations, and make better investment decisions.

Keywords: Financial performance analysis; financial ratio; balance sheets; income statements (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://academica.udcantemir.ro/wp-content/uploads/article/economica/e1/E1A13.pdf (application/pdf)

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:tig:journl:v:1:y:2012:i:1:p:95-102

Access Statistics for this article

More articles in Academica Science Journal, Economica Series from Dimitrie Cantemir University, Faculty of Economical Science
Bibliographic data for series maintained by Maria Oroian ().