期刊名称:International Journal of Academic Research in Business and Social Sciences
电子版ISSN:2222-6990
出版年度:2022
卷号:12
期号:5
页码:239-251
DOI:10.6007/IJARBSS/v12-i5/13278
语种:English
出版社:Human Resource Management Academic Research Society
摘要:Malaysian State-Owned Enterprises especially the Government-Linked Companies play a vital role in the business ecosystem in Malaysia, and also play a major role as an industry player in Malaysia. It is vital to study its liquidity position especially on how it handles in times of uncertainty. The aim of this study is to examine the determinants of liquidity position of Government-Linked Companies in Malaysia from 2011 to 2020. the liquidity position was evaluated by using internal variables, return on assets and size, and external variables, gross domestic product (GDP) and inflation. This study used Government-Linked Companies that were listed in Bursa Malaysia. The findings indicated that return on assets and size have a positive relationship with liquidity. Meanwhile, gross domestic product and inflation were shown to have negative relationship with liquidity. The result also indicated that return on assets and size have a statistically significant relationship with liquidity while gross domestic product and inflation have an insignificant relationship with liquidity. The result produced shed some lights on how government-linked companies could strengthen their liquidity position and avoid or minimize liquidity risk.