The determinants of capital structure a comparison study between financial and non-financial firms in Malaysia / Nurul Atikah Mohammed

• Main Author: Mohammed, Nurul Atikah
• Format: Student Project
• Language: English
• Published: 2016
• Subjects: Capital. Capital investments; Financial management. Business finance. Corporation finance
• Online Access: https://ir.uitm.edu.my/id/eprint/82999/2/82999.pdf; https://ir.uitm.edu.my/id/eprint/82999/

This paper is aims to investigate the differences in the capital structure determinants of a large sample between financial and non-financial firms incorporated in Malaysia. This study will focus on whether the traditional determinants of leverage of financial firms and nonfinancial firms, also known as a firm size, return on equity (ROE), effective tax rate (ETR), tangibility and liquidity. Besides that, this study also analyze and make a comparison between financial and non-financial firms. The sample in this study are collected from financial reports in the DataStream website only. The data will be relied on the quarterly from 2010 to 2015. Furthermore, the total number of observation is 36 which is 16 financial firms and another 16 for non-financial firms.