Company Performance and Its Determinants: A Study on New Hoong Fatt Holdings Berhad

Carmen Tan Ke Wen

MPRA Paper from University Library of Munich, Germany

Abstract: This study analysis the factors that might affect New Hoong Fatt Holdings Berhad's performance. The objective is to identify the variables, internal as well as external, and the combinations of factors that might influence New Hoong Fatt Holdings Berhad's performance. Regression analysis and statistical methods have been opted for in the current research issue in order to determine the degree of significance of the relationship between each of these variables. When a number of variables are taken into consideration, it is obvious that credit risk, rather than the remaining variables has the most influence over New Hoong Fatt Holdings Berhad's performance. However, while the closure of New Hoong Fatt Holdings Berhad's business in 2020 may have impacted the company's profitability, an analysis of the statistics suggests that the company's good management of credit risk may have also directly impacted its performance.

Keywords: New Hoong Fatt Holdings Berhad; profitability; performance; ROE; corporate governance. (search for similar items in EconPapers)
JEL-codes: G3 (search for similar items in EconPapers)
Date: 2023-12-25
New Economics Papers: this item is included in nep-cfn and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/119821/1/MPRA_paper_119821.pdf original version (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:pra:mprapa:119821

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().