Kesan kekangan kewangan dan gelagat eksport ke atas produktiviti firma di Malaysia

Translated title of the contribution: Impact of financial constraints and export behaviour on firms' productivity in Malaysia

Mohd Adib Ismail, Nurul Mawaddah Md Salim

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

Firms enter international market to expand the market for their products. For that purpose, they require adequate funding to finance their activity. This study aims to analyse the impact of financial constraints and exporting behaviour on firm productivity in Malaysia from year 2000 to 2015. The firms were selected among the listed companies at Bursa Malaysia. The generalized method of moments is used to analyse the data. In general, the results show that the internal financial factor played an important role to influence firm productivity in Malaysia. Besides that, firm size, firm age, leverage and lagged productivity are also significant in influencing the firms' productivity. Besides, the subsample analyses show that the exporting firms are very dependent on internal sources of financing. Nevertheless, the advantage of export reduces the dependence of firm productivity on internal finance. These results indicate the importance of export to mitigate the impact of financial constraints on productivity. As a result, the policy that eases export may able to ascertain the continuing increase in firm productivity and thus the economy may grow.

Original languageMalay
Pages (from-to)1-15
Number of pages15
JournalJurnal Ekonomi Malaysia
Volume51
Issue number2
Publication statusPublished - 1 Jan 2017

Fingerprint

Financial constraints
Export behaviour
Malaysia
Firm productivity
Exporting
Finance
Productivity
Generalized method of moments
Factors
Firm size
Leverage
Funding
International markets
Financing
Listed companies
Firm age

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

Cite this

Kesan kekangan kewangan dan gelagat eksport ke atas produktiviti firma di Malaysia. / Ismail, Mohd Adib; Salim, Nurul Mawaddah Md.

In: Jurnal Ekonomi Malaysia, Vol. 51, No. 2, 01.01.2017, p. 1-15.

Research output: Contribution to journalArticle

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