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University of Malaya

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Full-Text Articles in Business Administration, Management, and Operations

An Empirical Study On The Relationship Between Net Growth Of New Private Limited Company And Economic Factors, May Ling Ng Jan 2000

An Empirical Study On The Relationship Between Net Growth Of New Private Limited Company And Economic Factors, May Ling Ng

Student Works (2000-2009)

This study aims to investigate the relationship between the growth of private limited companies and economic factors such as interest rate, the rate of inflation, the cooperative income tax rate, the GDP growth rate and the unemployment rate during the last business cycle (1986 - 1996). The results show that the net growth rate of new private limited companies is correlated positively with the CDP growth rate. However, it has a negative, albeit weak, correlation with the interest rate. Economic factors such as the company income tax rate and the inflation rate do not exhibit any significant relationship with the …