Determinants of corporate borrowing: a study on Malaysian listed companies / Marliana Said

Financing decisions are the most things that firm should make in order to ensure firms can operate consistently and make profit for the firm. Corporate managers have to decide whether using internal sources or making a borrowing from financial institution in order to finance firm's operation. Corporate managers make strategic decision in wide range of issues, from mergers and acquisition to research and development and anticipated in all decision making. Among the most important decisions that managers make are those involving the firm's financing and capital structure. Financing decisions are the most things that firm should make in order to ensure firms can operate consistently and make profit for the firm. Corporate managers have to decide whether using internal sources or making a borrowing from financial institution in order to finance firm's operation. The question of how to finance the firm represents a fundamental financial decision which should support and consistent with the long term strategy of the firm.