Publication:
Performance of Shariah compliance companies in the plantation industry

Simple item page
dc.contributor.authorBin, MDNRSen_US
dc.contributor.authorHakeim, MHen_US
dc.contributor.authorSuhaila, AHen_US
dc.date.accessioned2024-05-29T02:53:49Z
dc.date.available2024-05-29T02:53:49Z
dc.date.issued2008
dc.description.abstractPurpose - The purpose of this paper is to identify the performing and non-performing companies by using multiple discriminant analysis (MDA) and multiple regression and the ratios that could distinguish between the performing and the under-performing companies. Design/methodology/approach - First, the study applied the a Jensen technique to classify the Shariah compliance companies into performing and non-performing. Then, the results from the a Jensen technique with 20 financial ratios are applied to MDA in order to establish models that are used to identify non-performing and performing companies. Findings - The growth turnover ratio is the only ratio that could discriminate between the performing and non-performing companies in the plantation industry. Research limitations/implications - The paper only investigates a sector in the main board of Bursa Malaysia, which is the plantation industry. Future research may look into the whole Shariah counters in Bursa Malaysia. Practical implications - The paper could assist investors to evaluate and select an optimal investment portfolio. Originality/value - The paper applies multivariate analysis which does not depend only on one variable. Using the multivariate analysis it provides an alternative to establish models that discriminate between the performing and non-performing companies. This paper also investigates only the Shariah compliance counters in Bursa Malaysia.
dc.identifier.doi10.1108/17538390810881008
dc.identifier.epage178
dc.identifier.issn1753-8394
dc.identifier.issue2
dc.identifier.scopusWOS:000214365400006
dc.identifier.spage166
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/11425
dc.identifier.volume1
dc.languageEnglish
dc.language.isoen_USen_US
dc.publisherEmerald Group Publishing Ltden_US
dc.relation.ispartofInternational Journal Of Islamic And Middle Eastern Finance And Management
dc.sourceWeb Of Science (ISI)
dc.subjectStatistical methods of analysisen_US
dc.subjectMultivariate analysisen_US
dc.subjectCompany performanceen_US
dc.subjectMalaysiaen_US
dc.subjectCapital marketsen_US
dc.subjectBenefit-cost ratioen_US
dc.titlePerformance of Shariah compliance companies in the plantation industryen_US
dc.typeArticleen_US
dspace.entity.typePublication

Files

Collections

Web of Science_WoS