The impact of Return on Assets (ROA) in relation with internal factors and external factors towards Casio Computer Co.,Ltd.'s performance

Hui Yen Chew

MPRA Paper from University Library of Munich, Germany

Abstract: Corporate governance is considered as a significant implication for the growth of company. Good corporate governance plays an important role in enhancing the performance of company. Hence, this study targets to determine the impact of Return on Assets (ROA) in relation with determinants towards the selected company’s performance and the name of the selected company in this study is Casio Computer Co., Ltd. (Casio) which is under the electronic industry in Japan. This analysis shows that firm-specific factors (current ratio, quick ratio, average-collection period, debt to income ratio, operational ratio, operating margin and corporate governance index CGI ) and the macroeconomic factors (Gross Domestic Product (GDP), inflation rate, interest rate, exchange rate and STDV of price change in the stock market) each has its significant, small significant or insignificant on return on assets (ROA) of Casio. This study suggests that Casio can perform well management and good corporate governance practices to maximize its revenue or profits for enhancing its corporate performance.

Keywords: Corporate Governance; Return on Assets; firm-specific factors; macroeconomic factors; revenue; corporate performance; management and corporate governance practices. (search for similar items in EconPapers)
JEL-codes: G3 G32 O16 (search for similar items in EconPapers)
Date: 2019-11-18, Revised 2019-11-28
New Economics Papers: this item is included in nep-cfn
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