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|Title:||Changes in financial ratios and the relationship between corporate growth and market capitalisation : an empirical study in Singapore||Authors:||Lim Kheng Wah, Lim Siang Phing, Tay Seovv Yong||Keywords:||DRNTU::Business::Finance||Issue Date:||1997||Abstract:||The objective of this project is to examine the behaviours of five key financial ratios of the firms from the construction and property sectors in Singapore from. The five ratios are the return on equity (ROE), net profit margin, current ratio, debt-equity ratio, and assets turnover ratio. Information were collected from the annual reports of 12 listed construction and property firms. The data were analysed to determine the existence of statistically significant changes in the financial ratios over a period of 12 to 21 years using the Robust Rank Order Test. In our findings, the ROE and net profit margin changed significantly over the different stages of development of the firms, whereas the current ratio, debt-equity, and assets turnover generally did not experience statistically significant changes.||Description:||138 p.||URI:||http://hdl.handle.net/10356/57811||Rights:||Nanyang Technological University||Fulltext Permission:||restricted||Fulltext Availability:||With Fulltext|
|Appears in Collections:||NBS Student Reports (FYP/IA/PA/PI)|
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