Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi

The main objective of this paper is to find the possible relationship between several factors that might have effect on level of debt among construction companies in Malaysia. Previous studies identified number of factors that affect level of debt (leverage) - such as size of firms, growth opportuni...

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Main Authors: Sahudin, Zahariah, Aziz, Anidah, Pardi, Faridah
格式: Research Reports
语言:English
出版: Research Management Institute (RMI) 2009
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在线阅读:http://ir.uitm.edu.my/id/eprint/21721/1/LP_ZAHARIAH%20SAHUDIN%20RMI%2009_5.pdf
http://ir.uitm.edu.my/id/eprint/21721/
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spelling my.uitm.ir.217212018-10-02T08:15:07Z http://ir.uitm.edu.my/id/eprint/21721/ Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi Sahudin, Zahariah Aziz, Anidah Pardi, Faridah Credit. Debt. Loans The main objective of this paper is to find the possible relationship between several factors that might have effect on level of debt among construction companies in Malaysia. Previous studies identified number of factors that affect level of debt (leverage) - such as size of firms, growth opportunity, firm's reputation, generated resources, level of warrants, debt cost and others. In addition, these studies also identify the concept of leveraging and capital structure formation among companies worldwide. Recent papers investigated whether some of the factors mentioned have significant impact on firm's leverage. They found that not all variables have significant correlation that fits the basic model. The study used the data from ten selected Malaysia's construction companies from 2001 until 2008. The model used in this research paper was the one derived from previous study. The estimation results show that the size of construction companies have significantly strong positive relationship to the firm's leverage. The finding is consistent with the previous findings that firm's size adds huge information in explaining the level of debt. The results also suggest that company's leverage is positively affected by firm's reputation. On the other hand, growth opportunity had inverse relationship with leverage, showing that greater leverage would mean a declining growth opportunity for firms. Finally, the analysis results suggest that, by including some other factors, and by taking a bigger sample subset of population might improve the results in future research. Research Management Institute (RMI) 2009 Research Reports NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/21721/1/LP_ZAHARIAH%20SAHUDIN%20RMI%2009_5.pdf Sahudin, Zahariah and Aziz, Anidah and Pardi, Faridah (2009) Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi. [Research Reports] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Credit. Debt. Loans
spellingShingle Credit. Debt. Loans
Sahudin, Zahariah
Aziz, Anidah
Pardi, Faridah
Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi
description The main objective of this paper is to find the possible relationship between several factors that might have effect on level of debt among construction companies in Malaysia. Previous studies identified number of factors that affect level of debt (leverage) - such as size of firms, growth opportunity, firm's reputation, generated resources, level of warrants, debt cost and others. In addition, these studies also identify the concept of leveraging and capital structure formation among companies worldwide. Recent papers investigated whether some of the factors mentioned have significant impact on firm's leverage. They found that not all variables have significant correlation that fits the basic model. The study used the data from ten selected Malaysia's construction companies from 2001 until 2008. The model used in this research paper was the one derived from previous study. The estimation results show that the size of construction companies have significantly strong positive relationship to the firm's leverage. The finding is consistent with the previous findings that firm's size adds huge information in explaining the level of debt. The results also suggest that company's leverage is positively affected by firm's reputation. On the other hand, growth opportunity had inverse relationship with leverage, showing that greater leverage would mean a declining growth opportunity for firms. Finally, the analysis results suggest that, by including some other factors, and by taking a bigger sample subset of population might improve the results in future research.
format Research Reports
author Sahudin, Zahariah
Aziz, Anidah
Pardi, Faridah
author_facet Sahudin, Zahariah
Aziz, Anidah
Pardi, Faridah
author_sort Sahudin, Zahariah
title Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi
title_short Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi
title_full Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi
title_fullStr Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi
title_full_unstemmed Analyzing the factors affecting level of debt for selected construction companies in Malaysia / Zahariah Sahudin, Anidah Aziz and Faridah Pardi
title_sort analyzing the factors affecting level of debt for selected construction companies in malaysia / zahariah sahudin, anidah aziz and faridah pardi
publisher Research Management Institute (RMI)
publishDate 2009
url http://ir.uitm.edu.my/id/eprint/21721/1/LP_ZAHARIAH%20SAHUDIN%20RMI%2009_5.pdf
http://ir.uitm.edu.my/id/eprint/21721/
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score 13.250246