1. UKM Learning and Research Repository
2. Master Thesis / Tesis Master
3. Faculty of Economy and Management / Fakulti Ekonomi dan Pengurusan

Title:	The effect of MFRS 139 adoption on the association between intellectual capital performance and market capitalization: evidence from financial holding institutions in Malaysia
Authors:	Abdullah J.R. Rabaya (P81113)
Supervisor:	Noradiva Hamzah, Assoc. Prof. Dr.
Keywords:	Asset-backed financing -- Malaysia
Issue Date:	10-Jun-2018
Description:	The transition from tangible asset to intangible asset in the knowledge-based economy has brought several changes in terms of value creation. The value creation generated from intellectual capital has major impact on company value. Intellectual capital performance assists potential investors and company's management to visualize the importance of intangible assets in the way of generating company's capabilities which in turn increased the company's value. Studies on Financial Instruments: Recognition and Measurement MFRS 139 reported significant contributions such as increasing the disclosure quality of financial information, increasing the transparency level, enhancing the information environment that in turn improving the company value and company performance. Disclosure facilitates investors to know more about intellectual capital performance and market capitalization. Giving attention to resource-based view and agency theory, this study examines the association between intellectual capital performance and its components on the company market capitalization. This study also examines the moderating effect of mandatory adoption of MFRS 139 on the relationship between the intellectual capital performance and its components on the company market capitalization. This study used secondary data obtained from Datastream and annual reports of Malaysian financial intuition holding companies that listed in the main market of Bursa Malaysia from 2005 to 2015. The empirical results indicate that the intellectual capital performance and its components (HCE, SCE with exception of CEE) have a significant and positive association with company market capitalization. This study also provides evidence that the MFRS 139 adoption strengthen the association between intellectual capital performance and its components (HCE, SCE with exception of CEE) and company market capitalization. The results indicate that company manager should pay more attention to enhance the staff skills and capabilities by focusing on effective training that in turn leads effective utilization of company resources.,Master of Accounting
Pages:	127
Call Number:	HG4028.A84R334 2018 tesis
Publisher:	UKM, Bangi
Appears in Collections:	Faculty of Economy and Management / Fakulti Ekonomi dan Pengurusan

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