Does Ownership Structure Impact on Capital Structure?
Taking the 2011-2015 public listed financial and non-financial firms in Pakistan as the sample of the study, this paper scrutinizes the sway of ownership structure on capital structure. The multivariate regression analysis technique is used because the dependent variable is influenced by the more th...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Mashhad: Behzad Hassannezhad Kashani
2017-06-01
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| Series: | International Journal of Management, Accounting and Economics |
| Subjects: | |
| Online Access: | https://www.ijmae.com/article_115028_ac44adc9041d360fb99c29c016e38f51.pdf |
| _version_ | 1797690347729453056 |
|---|---|
| author | Farrukh Shahzad Muhammad Nazir Waqas Amin |
| author_facet | Farrukh Shahzad Muhammad Nazir Waqas Amin |
| author_sort | Farrukh Shahzad |
| collection | DOAJ |
| description | Taking the 2011-2015 public listed financial and non-financial firms in Pakistan as the sample of the study, this paper scrutinizes the sway of ownership structure on capital structure. The multivariate regression analysis technique is used because the dependent variable is influenced by the more than one independent variable. The final results reveal that capital structure decision is positively associated with the board of director size and non-executive director’s percentage while it is negatively related with the percentage managerial shareholding. |
| first_indexed | 2024-03-12T01:58:21Z |
| format | Article |
| id | doaj.art-7b24d6c73da9430dba0e24f30a48dca8 |
| institution | Directory Open Access Journal |
| issn | 2383-2126 |
| language | English |
| last_indexed | 2024-03-12T01:58:21Z |
| publishDate | 2017-06-01 |
| publisher | Mashhad: Behzad Hassannezhad Kashani |
| record_format | Article |
| series | International Journal of Management, Accounting and Economics |
| spelling | doaj.art-7b24d6c73da9430dba0e24f30a48dca82023-09-07T21:53:42ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262017-06-0146629639115028Does Ownership Structure Impact on Capital Structure?Farrukh Shahzad0Muhammad Nazir1Waqas Amin2Ph.D Scholar of Business Administration, Chongqing University, Chongqing, ChinaMS Scholar of Management Science, Muhammad Ali Jinnah University Islamabad, PakistanPhD Scholar, School of Economics, Shandong University, Jinan, ChinaTaking the 2011-2015 public listed financial and non-financial firms in Pakistan as the sample of the study, this paper scrutinizes the sway of ownership structure on capital structure. The multivariate regression analysis technique is used because the dependent variable is influenced by the more than one independent variable. The final results reveal that capital structure decision is positively associated with the board of director size and non-executive director’s percentage while it is negatively related with the percentage managerial shareholding.https://www.ijmae.com/article_115028_ac44adc9041d360fb99c29c016e38f51.pdfownership structurecapital structureboard of directornon-executive director |
| spellingShingle | Farrukh Shahzad Muhammad Nazir Waqas Amin Does Ownership Structure Impact on Capital Structure? International Journal of Management, Accounting and Economics ownership structure capital structure board of director non-executive director |
| title | Does Ownership Structure Impact on Capital Structure? |
| title_full | Does Ownership Structure Impact on Capital Structure? |
| title_fullStr | Does Ownership Structure Impact on Capital Structure? |
| title_full_unstemmed | Does Ownership Structure Impact on Capital Structure? |
| title_short | Does Ownership Structure Impact on Capital Structure? |
| title_sort | does ownership structure impact on capital structure |
| topic | ownership structure capital structure board of director non-executive director |
| url | https://www.ijmae.com/article_115028_ac44adc9041d360fb99c29c016e38f51.pdf |
| work_keys_str_mv | AT farrukhshahzad doesownershipstructureimpactoncapitalstructure AT muhammadnazir doesownershipstructureimpactoncapitalstructure AT waqasamin doesownershipstructureimpactoncapitalstructure |