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Determinants Performance from Malaysian Real Estate Investment Trusts (M-REITs)

Author

Listed:
  • Amir Imran Zainoddin

    (Department of Business and Management, Faculty of Business and Management, Universiti Teknologi MARA, Johor Branch, Segamat)

  • Wan Nur Syazwina Wan Haswani

    (Department of Business and Management, Faculty of Business and Management, Universiti Teknologi MARA, Johor Branch, Segamat)

  • Basri Badyalina

    (Department of Business and Management, Faculty of Business and Management, Universiti Teknologi MARA, Johor Branch, Segamat)

  • Fatin Farazh Ya'acob

    (Department of Business and Management, Faculty of Business and Management, Universiti Teknologi MARA, Johor Branch, Segamat)

Abstract

Real Estate Investment Trusts (REITs) is a company that owns or pays for real estate. REITs allow anyone to invest in the development of large-scale properties in the same way that they would invest in other businesses. This study seeks to investigate the determinants of performance of REITs Malaysia firms, measured by return on asset (ROA). This report offers the results of a study of 10 Malaysian Companies conducted between 2011 until 2020. The study examines the relationship between ROA and combining the following independent variables, namely long-term debt (LTD), asset tangible (TANG), sales, earnings per share (EPS) and fixed asset (FA). Panel Linear Regression (PLS) were used in the analysis. The results indicated that LTD has a positive insignificant relationship and TANG has a negative significant relationship with ROA. Meanwhile, the other independent variables which are, sales, EPS and FA shows positive and significance relationship with ROA.

Suggested Citation

  • Amir Imran Zainoddin & Wan Nur Syazwina Wan Haswani & Basri Badyalina & Fatin Farazh Ya'acob, 2025. "Determinants Performance from Malaysian Real Estate Investment Trusts (M-REITs)," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(5), pages 4582-4592, May.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-5:p:4582-4592
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    References listed on IDEAS

    as
    1. Citra Larasati & Abdul Rivai & Suharto, 2020. "Effect of Debt to Equity Ratio and Return on Assets on Earnings per Share with Firm Value as a Moderating Variable in Various Industrial Sub-Sector Manufacturing Companies Indonesia," Asian Business Research Journal, Eastern Centre of Science and Education, vol. 5, pages 39-47.
    2. Wan Mohd Nazri Wan Daud & Norlia Mat Norwani & Anizawati Ahmad Mansor & Wan Anisah Endut, 2016. "Does Financing Decision Influence Corporate Performance in Malaysia?," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 1165-1171.
    3. David M. Harrison & Christine A. Panasian & Michael J. Seiler, 2011. "Further Evidence on the Capital Structure of REITs," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 39(1), pages 133-166, March.
    4. Zhilan Feng & Chinmoy Ghosh & C. Sirmans, 2007. "On the Capital Structure of Real Estate Investment Trusts (REITs)," The Journal of Real Estate Finance and Economics, Springer, vol. 34(1), pages 81-105, January.
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