The determinants of capital structure for public listed construction companies in Malaysia / Wan Afiq Farhan Nasjaruddin

The purpose of this study is to investigate the determinant of capital structure for public listed construction companies in Malaysia. From the previous research, most of the researcher focus on the impact of financial factors on the failure of firm, such as bad financial management and lack of capital. The construction industry is generally also facing these problems. In malaysia, the failure rate of construction companies is quite high. This study investigates the constructions firm that listed in Bursa Malaysia. From the sector, only a few companies used in this study sample because their stability in the sector. The methodology used in this study is E-views with eleven years data starting from 1994 until 2013. The measurement of data according to the proxy ratio. The dependent variable is capital structure which is refer to debt ratio of company. The independent variables used for the analysis are profitability, liquidity, uniqueness and tangibility. The data obtain from the data stream. The expected result from this study is there is positive relationship between profitability, liquidity, uniqueness and tangibility. However, after further analysis done, it shows some variables shows otherwise.