2 research outputs found
Predicting corporate failure on public listed companies in Malaysian stock market / Nur Kamaliah Azis
No full textThis study is worked on developing a best model to predict corporate failure amongst public listed companies in Malaysia. The sample used in this study was selected from the companies listed on Bursa Malaysia. The total number of companies selected is 100 from all different sectors available in Bursa Malaysia. The sample comprises of two different grouped of companies which is 50 distressed (PN17) companies and 50 non-distressed (Non-PN17) companies from the period 2010 to 2012. According to the findings, the result shows that three of the variables are significant except for liquidity ratio which is not significant. In short, the results of the study suggest that financial leverage ratio, profitability ratio and activity ratio have significant influences on corporate failure in Malaysia. Therefore, this suggest that the financial ratio analysis plays an important role in supporting the operations of financial institution
Fraud risk management model: a content analysis approach
No full textThe objective of this study is to explore the whole process of fraud risk management strategies that should be implemented by the organizations. Secondly, this study discusses the governance issues that arise at each stage of the process. For the purpose of this study, a content analysis of previous literatures is used as a technique for gathering data. This process usually involves codifying qualitative and
quantitative information into pre-defined categories in order to derive patterns in the presentation and reporting of information. Based on our content analysis, we found that the fraud risk management process should be made of at least five stages which are inculcating the culture of managing risks in an organization, identifying the risks, evaluating the risks, determining preventive actions and implementing
and reviewing stages. Our extended analysis of the fraud risk management process finds that a lot of governance issues arise in the fraud risk management process that should be solved by regulators and companies in order to ensure that fraud risk management process is embedded as corporate culture, not merely as a process. Among them are how to create the risk culture in an organization and whether auditors and risk management committees identify risks from each available source
