The determinants of capital structure of Qatari listed companies
This paper aims to investigate whether the capital structure choice of Qatari companies can be explained by factors that have been found by previous studies as dominant determinants of capital structure choice (i.e., company size, company asset structure, company growth, and company profitability)....
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Human Resource Management Academic Research Society
2012
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| Online Access: | https://repo.uum.edu.my/id/eprint/17343/1/HRMARS%2093-108.pdf |
| _version_ | 1803627362435203072 |
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| author | Ba-Abbad, Khaled Ahmad Zaluki, Nurwati Ashikkin |
| author_facet | Ba-Abbad, Khaled Ahmad Zaluki, Nurwati Ashikkin |
| author_sort | Ba-Abbad, Khaled |
| collection | UUM |
| description | This paper aims to investigate whether the capital structure choice of Qatari companies can be explained by factors that have been found by previous studies as dominant determinants of capital structure choice (i.e., company size, company asset structure, company growth, and company profitability). Using panel data regression, this paper extends the research on the determinants of corporate capital structure choice by looking at the issue from the perspective of Qatar "developing country" that has institutional arrangements likely to be quite distinct from those in developed and most other developing countries, especially in terms of its tax policies.The results reveal that among the variables, company size and profitability have a dominant role in explaining the variation in the total debt ratios of Qatari companies. Meanwhile, company size, company assets structure and company profitability have a dominant role in explaining the variation in the long-term debt ratios of Qatari companies.However, only company size has a dominant role in explaining the variation in the short-term debt ratios of Qatari companies. |
| first_indexed | 2024-07-04T06:04:51Z |
| format | Article |
| id | uum-17343 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:04:51Z |
| publishDate | 2012 |
| publisher | Human Resource Management Academic Research Society |
| record_format | dspace |
| spelling | uum-173432016-04-20T00:42:42Z https://repo.uum.edu.my/id/eprint/17343/ The determinants of capital structure of Qatari listed companies Ba-Abbad, Khaled Ahmad Zaluki, Nurwati Ashikkin HG Finance This paper aims to investigate whether the capital structure choice of Qatari companies can be explained by factors that have been found by previous studies as dominant determinants of capital structure choice (i.e., company size, company asset structure, company growth, and company profitability). Using panel data regression, this paper extends the research on the determinants of corporate capital structure choice by looking at the issue from the perspective of Qatar "developing country" that has institutional arrangements likely to be quite distinct from those in developed and most other developing countries, especially in terms of its tax policies.The results reveal that among the variables, company size and profitability have a dominant role in explaining the variation in the total debt ratios of Qatari companies. Meanwhile, company size, company assets structure and company profitability have a dominant role in explaining the variation in the long-term debt ratios of Qatari companies.However, only company size has a dominant role in explaining the variation in the short-term debt ratios of Qatari companies. Human Resource Management Academic Research Society 2012 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/17343/1/HRMARS%2093-108.pdf Ba-Abbad, Khaled and Ahmad Zaluki, Nurwati Ashikkin (2012) The determinants of capital structure of Qatari listed companies. International Journal of Academic Research in Accounting, Finance and Management Sciences, 2 (2). pp. 93-108. ISSN 2225-8329 http://hrmars.com/index.php/journals/archive_detail/IJARAFMS/28 |
| spellingShingle | HG Finance Ba-Abbad, Khaled Ahmad Zaluki, Nurwati Ashikkin The determinants of capital structure of Qatari listed companies |
| title | The determinants of capital structure of Qatari listed companies |
| title_full | The determinants of capital structure of Qatari listed companies |
| title_fullStr | The determinants of capital structure of Qatari listed companies |
| title_full_unstemmed | The determinants of capital structure of Qatari listed companies |
| title_short | The determinants of capital structure of Qatari listed companies |
| title_sort | determinants of capital structure of qatari listed companies |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/17343/1/HRMARS%2093-108.pdf |
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