IMPACT OF DERIVATIVE USAGE ON THE VALUE OF NON-FINANCIAL FIRMS IN MALAYSIA / (Record no. 383036)
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000 -LEADER | |
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fixed length control field | 02172nam a2200217 4500 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | APU |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20200305010617.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 200304b2019 xxu||||| |||| 00| 0 eng d |
050 ## - LIBRARY OF CONGRESS CALL NUMBER | |
Classification number | PG-24-0096 |
100 0# - MAIN ENTRY--PERSONAL NAME | |
Personal name | CHEONG XIN HOI (TP038910) |
9 (RLIN) | 45545 |
245 10 - TITLE STATEMENT | |
Title | IMPACT OF DERIVATIVE USAGE ON THE VALUE OF NON-FINANCIAL FIRMS IN MALAYSIA / |
Statement of responsibility, etc | CHEONG XIN HOI. |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc | Kuala Lumpur : |
Name of publisher, distributor, etc | Asia Pacific University, |
Date of publication, distribution, etc | 2019. |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 113 pages : |
Other physical details | illustrations ; |
Dimensions | 30 cm. |
502 ## - DISSERTATION NOTE | |
Dissertation note | A project submitted in partial fulfillment of the requirements of Asia Pacific University of Technology and Innovation for the degree of B.A. (Hons) in Banking and Finance with specialism in Investment and Risk Management (UC3F1802BAF(IRM)). |
520 ## - SUMMARY, ETC. | |
Summary, etc | Over the recent decade, firms increasingly using derivatives to hedge their position. Derivative usage is one of the hedging techniques used in protecting firms from different kind of risks. There has been considerable discussion in the academia of whether derivative can be value relevant or not. This is related to both risk management and value maximization perspectives in terms of theory including Modigliani and Miller Theory and Arbitrage Pricing Theory. The main purpose of this research is to investigate the impact of derivative usage in non-financial firms and to identify whether the use of financial derivative for hedging purpose is a value increasingly strategy for firms with exposure to financial risks. Secondary data and quantitative approach were used and a sample of 20 non-financial firms in terms of market capitalization form year 2012 to 2017 is included in this study. TO carry out the analysis, ordinary least square and panel data techniques are used in estimating the model. this research concluded that he usage of derivative could not improve the firm value. All interest rate, foreign currency and commodity derivatives are found to be insignificantly related to firm value. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Derivative securites |
Geographic subdivision | Malaysia. |
9 (RLIN) | 45546 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Hedging (Finance) |
9 (RLIN) | 45547 |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Risk management. |
9 (RLIN) | 45548 |
700 0# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Ms. Nalini Gebril |
Relator term | Supervisor. |
-- | 45550 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | |
Koha item type | Undergraduate Theses |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Use restrictions | Not for loan | Collection code | Home library | Current library | Shelving location | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Copy number | Koha item type |
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Not Withdrawn | Available | Not Damaged | Restricted access | Not for loan | Undergraduate Theses | APU Library | APU Library | Reference Collection | 04/03/2020 | PG-24-0096 | 00017731 | 04/03/2020 | 1 | Reference |