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

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  • Tan Ke Wen, Carmen

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.

Suggested Citation

  • Tan Ke Wen, Carmen, 2023. "Company Performance and Its Determinants: A Study on New Hoong Fatt Holdings Berhad," MPRA Paper 119821, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:119821
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    References listed on IDEAS

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    More about this item

    Keywords

    New Hoong Fatt Holdings Berhad; profitability; performance; ROE; corporate governance.;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance

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