Debt Maturity And Stock Returns: An Inter-Sectoral Comparison Of Malaysian Firms
This firm-level study examines whether the effects of financial leverage on stock returns of 12 Bursa Malaysian sectors can be explained by debt maturity. When total leverage is used, only 3 out of 12 sectors exhibit a significant relationship with stock returns. However, when the leverage...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Asian Academy of Management (AAM)
2016
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Subjects: | |
Online Access: | http://eprints.usm.my/37213/1/aamjaf12022016_3.pdf |