The Influence of Malaysia Firm Size on Financial Performance in ICT Sector

This empirical study examines the influence of firm size on the financial performance of Malaysia Information and Communication Technology (ICT) listed companies. The study utilised a sample of 53 of ICT listed companies derived from the Osiris database for the period covering 2020 – 2024. The independent variable is firm size, which is measured by proxies such as total assets, market capitalisation and total sales, while the dependent variables, is measured by profitability ratios (return on assets (ROA), return on equity (ROE), profit margin). The conceptual framework was proposed and the hypotheses of this study were developed. Besides, the multiple regression analysis was used in analysing the data collected in this study. The finding of the study showed that firm size, total asset, market capitalisation and total sales, has a significant effect on firm financial performance in terms of ROE. On the other hand, there is no significant effect in the result between firm size and firm performance in terms of ROA and profit margin. The study concluded that it provides a useful insight to different users, who can benefit from the financial information and assist them in their decision making processes by understanding the nature of the firms’ size and financial information in evaluating the firms’ performance.

Performance, Firm Size, ICT

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