Determinants of Youth Bankruptcy in Malaysia
DOI:
https://doi.org/10.33736/uraf.8632.2024Keywords:
Youth Bankruptcy, Unemployment, Non-Performing Loans, Per Capita Income, Consumer Price Index, Malaysia.Abstract
The aim of this research is to explore the determinants influencing youth bankruptcy in ten Malaysian states from 2015 to 2022. Utilizing panel data analysis, the study investigates how economic measures such as youth unemployment rate, non-performing loans, per capita income, and the consumer price index impact youth bankruptcy rates. The results indicate significant relationships between youth bankruptcy and economic indicators, with higher youth unemployment and inflation rates being linked to increased bankruptcy rates, while higher per capita income decreases the likelihood of bankruptcy. The results of this study shall have implication to policy makers.
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