The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia
This paper is investigates the determinants of debt ratio for trading and service sector in Malaysia. This type of study is panel analysis which investigates from the year 2007-2011. The trade-off theory and pecking order theory used for examine the decision of firm issue debt. These theories apply...
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Universiti Malaysia Sarawak (UNIMAS)
2013
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my.unimas.ir.247682023-01-31T07:21:32Z http://ir.unimas.my/id/eprint/24768/ The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia Chia, Sie Chieng HG Finance This paper is investigates the determinants of debt ratio for trading and service sector in Malaysia. This type of study is panel analysis which investigates from the year 2007-2011. The trade-off theory and pecking order theory used for examine the decision of firm issue debt. These theories apply to explain how variables influence the debt ratio. These variables consist of firm size, growth opportunities, profitability, tangible assets, non-debt tax shield and liquidity ratio. If firms use more debt for funding, debt tax shield benefits will be given to firms but bankruptcy cost also exist at the same time. Hence, this study intends to find out that the failure of debt in providing tax shield benefits and the trend of debt taken after economic crisis. The result of this study found that firm size, growth opportunities, profitability and liquidity ratio are statistically significant influence debt ratio. Universiti Malaysia Sarawak (UNIMAS) 2013 Final Year Project Report NonPeerReviewed text en http://ir.unimas.my/id/eprint/24768/2/THE%20DETERMINANTS%20OF%20CAPITAL%20STRUCTURE%20ftext.pdf Chia, Sie Chieng (2013) The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia. [Final Year Project Report] (Unpublished) |
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HG Finance Chia, Sie Chieng The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia |
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This paper is investigates the determinants of debt ratio for trading and service sector in Malaysia. This type of study is panel analysis which investigates from the
year 2007-2011. The trade-off theory and pecking order theory used for examine the decision of firm issue debt. These theories apply to explain how variables influence
the debt ratio. These variables consist of firm size, growth opportunities, profitability, tangible assets, non-debt tax shield and liquidity ratio. If firms use more debt for funding, debt tax shield benefits will be given to firms but bankruptcy cost also exist
at the same time. Hence, this study intends to find out that the failure of debt in providing tax shield benefits and the trend of debt taken after economic crisis. The
result of this study found that firm size, growth opportunities, profitability and liquidity ratio are statistically significant influence debt ratio. |
format |
Final Year Project Report |
author |
Chia, Sie Chieng |
author_facet |
Chia, Sie Chieng |
author_sort |
Chia, Sie Chieng |
title |
The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia |
title_short |
The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia |
title_full |
The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia |
title_fullStr |
The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia |
title_full_unstemmed |
The Determinants Of Capital Structure : Empirical Analysis Of Trading And Service Sector In Malaysia |
title_sort |
determinants of capital structure : empirical analysis of trading and service sector in malaysia |
publisher |
Universiti Malaysia Sarawak (UNIMAS) |
publishDate |
2013 |
url |
http://ir.unimas.my/id/eprint/24768/2/THE%20DETERMINANTS%20OF%20CAPITAL%20STRUCTURE%20ftext.pdf http://ir.unimas.my/id/eprint/24768/ |
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1756688305715412992 |
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13.160551 |