Impact of macroeconomics variable on performance of food and beverages companies in Malaysia / Faezah Nor Ayuni Samsudin

This research aims to investigate the relationship between macroeconomics variables towards the firm's performance and to study the impact of independent variables on the firm's performance. This research focuses on the food and beverages industry, and sixteen (16) Food and Beverages Compa...

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Main Author: Samsudin, Faezah Nor Ayuni
Format: Thesis
Language:English
Published: 2022
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/102064/1/102064.pdf
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spelling my-uitm-ir.1020642024-10-10T09:27:06Z Impact of macroeconomics variable on performance of food and beverages companies in Malaysia / Faezah Nor Ayuni Samsudin 2022 Samsudin, Faezah Nor Ayuni Macroeconomics This research aims to investigate the relationship between macroeconomics variables towards the firm's performance and to study the impact of independent variables on the firm's performance. This research focuses on the food and beverages industry, and sixteen (16) Food and Beverages Company listed in Bursa Malaysia were chosen as sample data. The sample data for this research was gathered for 20 years, from 2001 to 2020. In this study, the firm's performance was measured by utilizing return on assets as the dependent variable, supported and implemented by previous researchers in most cases. The macroeconomics factors used to examine the firm's performance are inflation rate (INF), gross domestic product (GDP), and exchange rate (ER), which act as independent variables. The data for this study was acquired from the annual report of the Bursa Malaysia, World Bank Data website, and Eikon Refinitiv data stream and then analyzed using multiple linear regression. In addition, econometric tests are performed to investigate the relation between the macroeconomics variables the company's performance in the real world. The data were tested and analyzed using the interactive software application Eviews 12 student edition. The expected result of this research is that the inflation rate to return on asset, gross domestic product to return on asset, and exchange rate to return on asset link with the firm's performance using the pooled panel data regression approach. The findings of this study shows that return on asset (ROA) of a firms cannot be measured by inflation rate and exchange rate. It shows that inflation rate, and exchange rate has an insignificant impact towards the firms' performance, while gross domestic product (GDP) has a significant relationship with return on asset. As a result of this research, potential investor will better understand how macroeconomic variables will affect the business performance of Malaysia's food and beverages industry in the future. It is beneficial that the findings would assist economists in their decision-making by providing them with information on the influence of macroeconomic variables on company performance in Malaysia. Future study recommendations include expanding knowledge and providing more accurate results, such as using a new data format, researching other nations, and including more macroeconomic factors. 2022 Thesis https://ir.uitm.edu.my/id/eprint/102064/ https://ir.uitm.edu.my/id/eprint/102064/1/102064.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Mohamed, Suhana
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Mohamed, Suhana
topic Macroeconomics
spellingShingle Macroeconomics
Samsudin, Faezah Nor Ayuni
Impact of macroeconomics variable on performance of food and beverages companies in Malaysia / Faezah Nor Ayuni Samsudin
description This research aims to investigate the relationship between macroeconomics variables towards the firm's performance and to study the impact of independent variables on the firm's performance. This research focuses on the food and beverages industry, and sixteen (16) Food and Beverages Company listed in Bursa Malaysia were chosen as sample data. The sample data for this research was gathered for 20 years, from 2001 to 2020. In this study, the firm's performance was measured by utilizing return on assets as the dependent variable, supported and implemented by previous researchers in most cases. The macroeconomics factors used to examine the firm's performance are inflation rate (INF), gross domestic product (GDP), and exchange rate (ER), which act as independent variables. The data for this study was acquired from the annual report of the Bursa Malaysia, World Bank Data website, and Eikon Refinitiv data stream and then analyzed using multiple linear regression. In addition, econometric tests are performed to investigate the relation between the macroeconomics variables the company's performance in the real world. The data were tested and analyzed using the interactive software application Eviews 12 student edition. The expected result of this research is that the inflation rate to return on asset, gross domestic product to return on asset, and exchange rate to return on asset link with the firm's performance using the pooled panel data regression approach. The findings of this study shows that return on asset (ROA) of a firms cannot be measured by inflation rate and exchange rate. It shows that inflation rate, and exchange rate has an insignificant impact towards the firms' performance, while gross domestic product (GDP) has a significant relationship with return on asset. As a result of this research, potential investor will better understand how macroeconomic variables will affect the business performance of Malaysia's food and beverages industry in the future. It is beneficial that the findings would assist economists in their decision-making by providing them with information on the influence of macroeconomic variables on company performance in Malaysia. Future study recommendations include expanding knowledge and providing more accurate results, such as using a new data format, researching other nations, and including more macroeconomic factors.
format Thesis
qualification_level Bachelor degree
author Samsudin, Faezah Nor Ayuni
author_facet Samsudin, Faezah Nor Ayuni
author_sort Samsudin, Faezah Nor Ayuni
title Impact of macroeconomics variable on performance of food and beverages companies in Malaysia / Faezah Nor Ayuni Samsudin
title_short Impact of macroeconomics variable on performance of food and beverages companies in Malaysia / Faezah Nor Ayuni Samsudin
title_full Impact of macroeconomics variable on performance of food and beverages companies in Malaysia / Faezah Nor Ayuni Samsudin
title_fullStr Impact of macroeconomics variable on performance of food and beverages companies in Malaysia / Faezah Nor Ayuni Samsudin
title_full_unstemmed Impact of macroeconomics variable on performance of food and beverages companies in Malaysia / Faezah Nor Ayuni Samsudin
title_sort impact of macroeconomics variable on performance of food and beverages companies in malaysia / faezah nor ayuni samsudin
granting_institution Universiti Teknologi MARA, Johor
granting_department Faculty of Business and Management
publishDate 2022
url https://ir.uitm.edu.my/id/eprint/102064/1/102064.pdf
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