Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan.

Che Yahya, Norliza and Harun, Hanizatul Nadia and Roslan, Azreen (2019) Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan. Advances in Business Research International Journal (ABRIJ), 5 (2). pp. 1-10. ISSN 2462-1838

Abstract

This study is developed to examine the determinants of financial leverage of capital structure of airlines industry in Asia for the period from 2012 to 2016. Airlines industry is selected as sample of this study as it reflects the highest energy intensive industry based on the largest amount of fuel consumption on the business (Bratlie, 2012). This study defined airline as an operation entity that provides services to carry people and freight by air with schedule routes provided. This study, using panel data analysis, reports that size and growth have a positive relationship to financial leverage. In contrast, profitability and age are negatively related. Regardless of the signs, all the explanatory variables in this study are strongly significant in determining financial leverage (measured by debt to equity ratio).

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Che Yahya, Norliza
norliza9911@uitm.edu.my
Harun, Hanizatul Nadia
hanizatulnadia@gmail.com
Roslan, Azreen
azreenroslan@uitm.edu.my
Subjects: H Social Sciences > HG Finance > Banking
H Social Sciences > HG Finance > Financial leverage
H Social Sciences > HG Finance > Financial leverage > Malaysia
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Business and Management
Journal or Publication Title: Advances in Business Research International Journal (ABRIJ)
UiTM Journal Collections: UiTM Journal > Advances in Business Research International Journal (ABRIJ)
ISSN: 2462-1838
Volume: 5
Number: 2
Page Range: pp. 1-10
Keywords: Capital Structure, Airlines Industries, Asia
Date: September 2019
URI: https://ir.uitm.edu.my/id/eprint/29639
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