Determinants of capital structure based on pecking order theory in Malaysian market / Husna ‘Atiah Salleh
The main objective of this study is to investigate the determinants of capital structure based on pecking order theory in Malaysian stock market that listed in the Bursa Malaysia. The scope of the study covers from seven year period which is from 2005 to 2011. The data is derived from Datastream...
| Autor principal: | |
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| Formato: | Student Project |
| Idioma: | English |
| Publicado em: |
2014
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| Assuntos: | |
| Acesso em linha: | https://ir.uitm.edu.my/id/eprint/33995/1/33995.pdf |
| _version_ | 1825737865761390592 |
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| author | Salleh, Husna ‘Atiah |
| author_facet | Salleh, Husna ‘Atiah |
| author_sort | Salleh, Husna ‘Atiah |
| collection | UITM |
| description | The main objective of this study is to investigate the determinants of capital
structure based on pecking order theory in Malaysian stock market that listed in the
Bursa Malaysia. The scope of the study covers from seven year period which is from
2005 to 2011. The data is derived from Datastream which consists of 138 companies
with number of observation totaling 758. This study employs the debt to equity as
dependent variable while, the independent variables are asset structure, profitability,
growth opportunities, liquidity, firm size and dividend. Based on the empirical result,
shows that the asset structure, profitability, growth opportunities, liquidity and dividend is
significantly related to capital structure. However, the study finds firms size insignificant
towards capital structure. In short, the study suggests that pecking order theory is one of
best theory in explaining capital structure policy in Malaysian stock market |
| first_indexed | 2024-03-06T02:24:41Z |
| format | Student Project |
| id | oai:ir.uitm.edu.my:33995 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T02:24:41Z |
| publishDate | 2014 |
| record_format | dspace |
| spelling | oai:ir.uitm.edu.my:339952020-08-26T06:07:45Z https://ir.uitm.edu.my/id/eprint/33995/ Determinants of capital structure based on pecking order theory in Malaysian market / Husna ‘Atiah Salleh Salleh, Husna ‘Atiah Financial management. Business finance. Corporation finance Capital costs The main objective of this study is to investigate the determinants of capital structure based on pecking order theory in Malaysian stock market that listed in the Bursa Malaysia. The scope of the study covers from seven year period which is from 2005 to 2011. The data is derived from Datastream which consists of 138 companies with number of observation totaling 758. This study employs the debt to equity as dependent variable while, the independent variables are asset structure, profitability, growth opportunities, liquidity, firm size and dividend. Based on the empirical result, shows that the asset structure, profitability, growth opportunities, liquidity and dividend is significantly related to capital structure. However, the study finds firms size insignificant towards capital structure. In short, the study suggests that pecking order theory is one of best theory in explaining capital structure policy in Malaysian stock market 2014-01 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/33995/1/33995.pdf Determinants of capital structure based on pecking order theory in Malaysian market / Husna ‘Atiah Salleh. (2014) [Student Project] <http://terminalib.uitm.edu.my/33995.pdf> (Unpublished) |
| spellingShingle | Financial management. Business finance. Corporation finance Capital costs Salleh, Husna ‘Atiah Determinants of capital structure based on pecking order theory in Malaysian market / Husna ‘Atiah Salleh |
| title | Determinants of capital structure based on pecking order
theory in Malaysian market / Husna ‘Atiah Salleh |
| title_full | Determinants of capital structure based on pecking order
theory in Malaysian market / Husna ‘Atiah Salleh |
| title_fullStr | Determinants of capital structure based on pecking order
theory in Malaysian market / Husna ‘Atiah Salleh |
| title_full_unstemmed | Determinants of capital structure based on pecking order
theory in Malaysian market / Husna ‘Atiah Salleh |
| title_short | Determinants of capital structure based on pecking order
theory in Malaysian market / Husna ‘Atiah Salleh |
| title_sort | determinants of capital structure based on pecking order theory in malaysian market husna atiah salleh |
| topic | Financial management. Business finance. Corporation finance Capital costs |
| url | https://ir.uitm.edu.my/id/eprint/33995/1/33995.pdf |
| work_keys_str_mv | AT sallehhusnaatiah determinantsofcapitalstructurebasedonpeckingordertheoryinmalaysianmarkethusnaatiahsalleh |