Asia Pacific University Library catalogue


IMPACT OF DERIVATIVE USAGE ON THE VALUE OF NON-FINANCIAL FIRMS IN MALAYSIA / (Record no. 383036)

000 -LEADER
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
Holdings
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
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