Surviving the storm: an analysis of financial distress in Asia's dominant telecommunications companies

• Autorzy: Kristanti Farida Titik , Akhmad Widya

Identyfikatory

DOI

10.17512/pjms.2023.28.2.10

Warianty tytułu

PL

Przetrwać burzę: analiza trudności finansowych w dominujących firmach telekomunikacyjnych w Azji

• Języki publikacji: EN

Abstrakty

EN

This research offers a thorough examination of the consequences of financial distress, operational distress, lending interest rate, firm size, and inflation on the telecommunications industry. The analysis is limited to the ten largest companies in Asia by market capitalization from 2013 to 2022. By doing so, this study provides significant contributions to the understanding of the unique dynamics of financial distress in this crucial sector and time period. Utilizing secondary data from Asian stock exchanges, the research adopts a quantitative methodology. The correlation between the independent and dependent variables is investigated through the utilization of logistic regression. A decline in lending interest rates is associated with a greater likelihood that businesses will experience financial distress, whereas an increase in inflation is linked to the same risk. During 2013-2022, the findings also indicate that financial distress in the largest telecommunications companies in Asia was not substantially impacted by operational risk, financial risk, or firm size.

PL

Niniejsze badanie analizuje wpływ ryzyka finansowego, ryzyka operacyjnego, stopy procentowej kredytów, wielkości firmy i inflacji na trudności finansowe w 10 firmach telekomunikacyjnych o największym kapitale w Azji w latach 2013-2022. W badaniu zastosowano podejście ilościowe i wykorzystano dane wtórne notowań na azjatyckich giełdach papierów wartościowych. Wykorzystuje regresję logistyczną do zbadania związku między zmiennymi niezależnymi i zależnymi. Wyniki pokazują, że spadek stóp procentowych kredytów zwiększa ryzyko trudności finansowych dla firm, podczas gdy wzrost inflacji zwiększa ryzyko trudności finansowych. Wyniki pokazują również, że ryzyko finansowe, ryzyko operacyjne i wielkość firmy nie miały istotnego wpływu na trudności finansowe w największych firmach telekomunikacyjnych w Azji w latach 2013-2022.

Słowa kluczowe

EN

financial distress; financial risk; firm size; macro variable; operational risk

PL

trudności finansowe; ryzyko finansowe; wielkość firmy; inflacja; oprocentowanie kredytów; ryzyko operacyjne; firmy telekomunikacyjne

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2023
• Tom: Vol. 28, No. 2
• Strony: 161--181
• Opis fizyczny: Bibliogr. 22 poz., rys., tab.

Twórcy

autor

Kristanti Farida Titik

• Telkom University, Indonesia

• https://orcid.org/0000-0003-1672-9907

autor

Akhmad Widya

• Telkom University, Indonesia

• https://orcid.org/0009-0007-3060-0698

Bibliografia

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Uwagi

Opracowanie rekordu ze środków MNiSW, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2024).