Impact of Diversification Strategies on Performance of Malaysian Public Listed Companies

2011 ◽  
Author(s):  
Mona Yaghoubi ◽  
Sazali Abidin ◽  
Ehsan Yaeghoobi
Keyword(s):  
Listed Companies ◽  
Diversification Strategies

scholarly journals The relationship between corporate turnover and degree of diversification in South African listed industrial companies

1982 ◽  
Vol 13 (3) ◽  
pp. 118-120
Author(s):  
Rob Mackintosh
Keyword(s):  
South African ◽  
Market Share ◽  
Listed Companies ◽  
Financial Resources ◽  
Diversification Strategy ◽  
Business Policy ◽  
Industrial Companies ◽  
Small Market ◽  
Diversification Strategies ◽  
The Relationship

The view is widely held in the literature on business policy that not only does structure follow strategy, but that size (measured in terms of turnover) and diversification strategy are closely correlated. This paper examines the relationship between degree of diversification and sales turnover of several South African listed companies which undertook diversification strategies between 1970 and 1976. The results show that there is no significant correlation between turnover and degree of diversification among these companies. Both small and large firms are seen to have similar degrees of diversification. The findings suggest that firms should avoid diversifying into several different markets while having a relatively small market share in each, as both managerial and financial resources then become too thinly spread. Such companies are likely takeover candidates in recessionary periods.Daar is 'n algemene siening in die literatuur oor bestuursbeleid ('business policy'), naamlik dat struktuur nie slegs op strategie volg nie, maar dat grootte (gemeet in terme van omset) en diversifiseringstrategie sterk korreleer. Hierdie artikel ondersoek die verhouding tussen graad van diversifisering en verkoopomset van verskeie Suid-Afrikaanse gelyste maatskappye wat tussen 1970 en 1976 diversifiseringstrategiee beoefen het. Die resultate dui aan dat daar geen betekenisvolle korrelasie tussen omset en graad van diversifisering in hierdie maatskappye was nie. Klein sowel as goot maatskappye toon volgens die navorsing soortgelyke vlakke van diversifisering. Die bevindings dui aan dat maatskappye diversifisering in verskeie markte behoort te vermy as hulle slegs 'n klein markaandeel in elk sou he, omdat bestuurs- sowel as finansiele hulpbronne dan te yl versprei word. Sulke maatskappye is waarskynlike kandidate vir oornames in tye van regressie.

Atlas of economic complexity, Russian regional pages

2018 ◽  
pp. 71-91 ◽  
Author(s):  
I. L. Lyubimov ◽  
M. V. Lysyuk ◽  
M. A. Gvozdeva
Keyword(s):  
Value Added ◽  
Growth Strategy ◽  
Gdp Per Capita ◽  
Export Diversification ◽  
Russian Regions ◽  
Economic Complexity ◽  
Diversification Strategies ◽  
Central Regions ◽  
Per Capita ◽  
Regions Of Russia

Well-established results indicate that export diversification might be a better growth strategy for an emerging economy as long as its GDP per capita level is smaller than an empirically defined threshold. As average incomes in Russian regions are likely to be far below the threshold, it might be important to estimate their diversification potential. The paper discusses the Atlas of economic complexity for Russian regions created to visualize regional export baskets, to estimate their complexity and evaluate regional export potential. The paper’s results are consistent with previous findings: the complexity of export is substantially higher and diversification potential is larger in western and central regions of Russia. Their export potential might become larger if western and central regions, first, try to join global value added chains and second, cooperate and develop joint diversification strategies. Northern and eastern regions are by contrast much less complex and their diversification potential is small.

Comprehensive Income: which potential effects on firms' performance evaluation and users' decision process?

2016 ◽  
pp. 55-94
Author(s):  
Pier Luigi Marchini ◽  
Carlotta D'Este
Keyword(s):  
Performance Evaluation ◽  
Decision Process ◽  
Financial Analysts ◽  
Listed Companies ◽  
Financial Statement ◽  
Comprehensive Income ◽  
Other Comprehensive Income ◽  
Gains And Losses ◽  
The Impact

The reporting of comprehensive income is becoming increasingly important. After the introduction of Other Comprehensive Income (OCI) reporting, as required by the 2007 IAS 1-revised, the IASB is currently seeking inputs from investors on the usefulness of unrealized gains and losses and on the role of comprehensive income. This circumstance is of particular relevance in code law countries, as local pre-IFRS accounting models influence financial statement preparers and users. This study aims at investigating the role played by unrealized gains and losses reporting on users' decision process, by examining the impact of OCI on the Italian listed companies RoE ratio and by surveying a sample of financial analysts, also content analysing their formal reports. The results show that the reporting of comprehensive income does not affect the financial statement users' decision process, although it statistically affects Italian listed entities' performance.

The Severity of Internal Controls over Financial Reporting Deficiencies: Differences among Types and Industries

2014 ◽  
pp. 55-77
Author(s):  
Tatiana Mazza ◽  
Stefano Azzali
Keyword(s):  
Information Technology ◽  
Financial Reporting ◽  
Internal Control ◽  
Service Industry ◽  
Listed Companies ◽  
Internal Controls ◽  
Service Companies ◽  
Finance Industry ◽  
Material Weaknesses ◽  
Fixed Assets

This study analyzes the severity of Internal Control over Financial Reporting deficiencies (Deficiencies, Significant Deficiencies and Material Weaknesses) in a sample of Italian listed companies, in the period 2007- 2012. Using proprietary data the severity of the deficiencies is tested for account-specific, entity level and information technology controls and for industries (manufacturing and services vs finance industries). The results on ICD severity is compared with one of the most frequent ICD (Acc_Period End/Accounting Policies): for account-specific, ICD in revenues, purchase, fixed assets and intangible, loans and insurance are more severe while ICD in Inventory are less severe. Differences in ICD severity have been found in the characteristic account: ICD in loan and insurance for finance industry and ICD in revenue, purchase for manufacturing and service industry are more severe. Finally, we found that ICD in entity level and information technology controls are less severe than account specific ICD in all industries. However, the results on entity level and information technology deficiencies could also mean that the importance of these types of control are under-evaluated by the manufacturing and service companies.

Audit Committee Effectiveness Among Malaysian Listed Companies

2020 ◽  
Author(s):  
Shamsul Nahar Abdullah ◽  
Ku Nor Izah Ku Ismail
Keyword(s):  
Corporate Governance ◽  
Audit Committee ◽  
Stock Exchange ◽  
Listed Companies ◽  
The Other ◽  
Interactive Effects ◽  
Committee Chairman ◽  
Kuala Lumpur ◽  
Political Costs ◽  
Leadership Structure

This study investigates further the previous paper by Shamsul Nahar and Al-Murisi (1997) by examining the interactive effects of the variables in that paper and introducing other variables associated with corporate governance and political costs. The present study postulated that percentage of external directors on audit committee interacted with the presence of an accountant on audit committee and with the number of years an audit committee in existence, respectively, to influence audit committee effectiveness. The study also posited that the interaction of the presence of an accountant on audit committee and the number of years an audit committee in existence positively and significantly influenced audit committee effectiveness. Addition. ally, the roles of leadership structure, audit committee chairman, and a firm's size on audit committee effectiveness were also investigated. Using a multiple regression from a sample consisting the Kuala Lumpur Stock Exchange listed companies, results showed that only a firm's size significantly influenced audit committee effectiveness in the predicted direction. Other variables, on the other hand, did not show any significant influence on audit committee effectiveness.  

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