Determinants of corporate financial performance for hotel industry in Malaysia / Shahdattul Lea Suziana Dirgahayu Sri Putri Taib

Corporate financial performance explained the subjective measure of how well a firm can use their assets to generate revenues. Financial performance is one of the most important effective measures on the valuation and direction of economic enterprises. It is essential for company to have good financial decisions in order to improve the company performance and shareholder wealth. Finance managers need play their important role in order to identify what are the determinants that might influence financial performance. This paper is aimed to analyse the determinant of corporate financial performance among listed hotel company in Malaysia. This study will be conducted to investigate the relationship between Return-on-Asset (ROA) that represented as financial performance with several factors of financial performance which are current ratio (CR), inventory turnover ratio (ITO), account receivable turnover ratio (ARTO) and debt-to-equity ratio (DER).The data will be obtained from annual report of listed hotel company in Malaysia. The annual report will be obtained from Bursa Malaysia for four selected listed hotel company in Malaysia. The data will be collected for five years from 2010 to 2014 in quarterly.