Determinants of capital structure based on pecking order theory in Malaysian market / Husna ‘Atiah Salleh

Salleh, Husna ‘Atiah (2014) Determinants of capital structure based on pecking order theory in Malaysian market / Husna ‘Atiah Salleh. [Student Project] (Unpublished)

Download

[thumbnail of 33995.pdf] Text
33995.pdf

Download (74kB)

Abstract

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

Metadata

Item Type: Student Project
Creators:
Creators
Email
Salleh, Husna ‘Atiah
2011308097
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Ismail, Md Khairu Amin
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
H Social Sciences > HG Finance > Capital costs
Divisions: Universiti Teknologi MARA, Kelantan > Kota Bharu Campus > Faculty of Business and Management
Programme: Bacheor of Business Administration (Hons) Finance
Item ID: 33995
Uncontrolled Keywords: The debt to equity as dependent variable while, the independent variables are asset structure, profitability, growth opportunities, liquidity, firm size and dividend.
URI: https://ir.uitm.edu.my/id/eprint/33995

Fulltext

Fulltext is available at:
  • Bilik Koleksi Akses Terhad Kampus Kota Bharu, Kelantan
  • ID Number

    33995

    Indexing


    View in Google Scholar

    Edit Item
    Edit Item