Developing measurement of value creation in Malaysian Government Linked Companies using the Delphi technique
Journal Title: GATR Global Journal of Business & Social Science Review - Year 2014, Vol 2, Issue 4
Abstract
Objective - Value creation is an important element in every organization. Value creation in Malaysian Government Linked Companies (GLCs) can improve performance by maximizing earnings per share, create sustainability, be competitively strong, and ensure a high level of operational effectiveness. This paper aims to explore a measurement for value creation among GLCs. Methodology/Technique - Using the Delphi technique, this study interviewed a panel of three experts who have experience in Malaysian GLCs. The first round was conducted to explore how these experts perceived as measurement to measure for value creation in relation to Malaysian GLCs. Findings - Overall, the first round assessment of value creation, which adopted the Delphi technique, revealed that stock prices, market value, sales growth, PE ration, market share, market positioning survey, customer survey, ROI, EBITDA and reduced business risks as measurement related to value creation. Novelty - The paper used Delphi technique to develop the measurement of value creation in a context of Malaysian GLCs. This paper contributes to the value creation literature and provides insight to relevant panel experts in developing appropriate measurement of value creation particularly in GLCs.
Authors and Affiliations
Nik Herda Nik Abdullah, Jamaliah Said
Keywords
Related Articles
- EP ID EP185506
- DOI -
- Views 172
- Downloads 0
The Critical Review of the Westernized Late Ottoman Empire Education System in a Cinematic Context with an Education Related
Objective – An individual improves his/her cognitive level by implementing terminal behaviour changes to his/her own life through educational institution located in his/her living space. In this context, the education sy...
Implementation of Accounting Standard on Small and Medium-Sized Entities (SMEs)
Objective - Small- and medium-sized entities (SMEs) have an important role in economic growth. SMEs are a key source of employment and economic growth in Indonesia. Unfortunately, the growth of SMEs is not accompanied by...
A Study on Customers' Satisfaction towards Services Provided by Agencies at Urban Transformation Centre (UTC) Melaka
Objective- Theoritical study was used to study the level of customers' satisfaction towards service provided by agency at UTC Melaka through the service quality model developed by Parasuraman which are tangibility, relia...
The Association between Big-Five Personality and Property Deviance
Objective - Property deviance is an inverse behaviour that has received widespread attention from all forms of organisations. This behaviour can be characterised as theft, embezzlement, bribery and corruption.The public...
Understanding Employee Psychological Contract and Job Satisfaction
Objective - Organizational changes and transformations are common phenomenon these days. Changes may lead to the breach of the psychological contract of employer-employee expectation on the employment thus affects employ...