Publication:

Determinant of securitization spread in Malaysia

Show simple item record
DC FieldValue
dc.contributor.authorMohammed Hariri Bakri
dc.contributor.authorFadzlan Sufian
dc.contributor.authorShafinar Ismail
dc.contributor.authorBaharom Abdul Hamid
dc.date.accessioned2019-02-06T14:12:25Z
dc.date.available2019-02-06T14:12:25Z
dc.date.issued2018
dc.description.abstractMalaysian firms have been reported to be involved in Asset-Backed Securities since 1986 when Cagamas Bhd was the pioneer in the field. This research aims to examine the factors influencing spread in Malaysia's securitization market. In order to provide a test of stability and a choice of model, the multicollinearity test was conducted by providing information on the degree of correlation between the explanotary variables used in the multivariate regression analysis. Ordinary Least Square method was used for baseline, and panel data analysis was applied during the study period (2004-2012) for a more robust check of the analysis. The data were obtained from 90 non-financial firms or institutions and the number of observations carried out was 387. The results show that four determinants influence or contribute to the primary market spread and are statistically significant in developing securitisation in Malaysia. It can be concluded that loan to value, maturity, debt and crisis significantly contribute to the determinant primary market spread.en_US
dc.identifier.citationBakri, Mohammed Hariri and Sufian, Fadzlan and Abdul Hamid, Baharom and Ismail, Shafinar. (2018). Determinant of securitization spread in Malaysia. International Journal of Business and Society, 19 (3), pp. 904-917.en_US
dc.identifier.issn1511-6670
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/3041
dc.languageEnglish
dc.language.isoengen_US
dc.publisherFaculty of Economics and Business, UNIMASen_US
dc.rights2018. Faculty of Economics and Business, UNIMAS
dc.sourceSEDONA
dc.subjectPrimary marketen_US
dc.subjectSpreaden_US
dc.subjectDeterminantsen_US
dc.subjectAsset backed securities and regression analysisen_US
dc.titleDeterminant of securitization spread in Malaysiaen_US
dc.typeJournal Articleen_US
dlc.maintopicConventional financeen_US
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicConventional financeen_US
relation.isAuthorOfPublication219f93a8-b38f-400c-981f-6a7162e44a2f
relation.isAuthorOfPublication219f93a8-b38f-400c-981f-6a7162e44a2f
relation.isAuthorOfPublication219f93a8-b38f-400c-981f-6a7162e44a2f
relation.isAuthorOfPublication.latestForDiscovery219f93a8-b38f-400c-981f-6a7162e44a2f
Appears in Collections
Journal Article
Files

Abstract View

2653388

View & Download

167535