Determinants of capital structure in manufacturing sector in Malaysia / Muhammad Syafiq Muhammad Zahir

Capital structure is one of the most important financial decisions in corporate financing strategy. It involves the choice of debt and equity level in financing a company's operations. This study aims to investigate whether the capital structure choice of Malaysian manufacturing companies that...

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Bibliographic Details
Main Author: Muhammad Zahir, Muhammad Syafiq
Format: Student Project
Language:English
Published: 2015
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/76539/1/76539.pdf
https://ir.uitm.edu.my/id/eprint/76539/
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Summary:Capital structure is one of the most important financial decisions in corporate financing strategy. It involves the choice of debt and equity level in financing a company's operations. This study aims to investigate whether the capital structure choice of Malaysian manufacturing companies that are listed in the Bursa Malaysia can be explained by factors that have been found by most studies as dominant determinants of capital structure. This study comprises of 50 observations each of the independents variables and dependent variables on a yearly basic over a 10 year period from 2005 to 2014. The panel data used from 2004 to 2014. The data has been analyzed by using Eviews 8.0. The dependent variable are capital structure and the independent variable are company size, profitability, asset tangibility, liquidity and growth opportunities.