Abstract
The global financial crisis tested ASEAN on their national and
business policies following after which successful recovery was
witnessed in many of these economies. Nonetheless, economic
and business performance seems diverse among them. This
research fills information gap of total asset growth and
profitability comparisons within and across four ASEAN
countries during 2009-2013. It utilizes descriptive, graphs and
Turkey’s HSD test to make comparisons. Findings reveal that
asset growth was greater in all countries after 2009. Profitability
of Thai companies was lowest in 2009 and for Singaporean
companies, it was better in 2010. Across ASEAN, Indonesian
companies had higher asset growth and profitability compared
to others in various years. Singaporean companies had overall
lowest profitability and Malaysian companies had overall
lowest asset growth. With its invaluable contribution, this
research adds to information on ASEAN business and corporate
climate along with providing input to economic and business
policy makers.
Khawaja Khalid Mehmood, Muhammad Haroon Hafeez. (2017) Companies’ profitability and asset growth within and across ASEAN, Paradigms , Vol 11, Issue 1.
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