Dynamism of capital structure: evidence from selected South East Asia countries panel data

Dynamism of capital structure: evidence from selected South East Asia countries panel data

This study contributes to the capital structure literature by exploring the dynamics of capital structure of firms in the South East Asia region, namely Malaysia, Thailand and Singapore based on a partial-adjustment framework during a period of 2000-2009. This study concludes that target capital str...

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Main Authors: Haron, Razali, Ibrahim, Khairunisah, Mat Nor, Fauzias, Ibrahim, Izani, Alias, Norazlan
Format: Conference or Workshop Item
Language:English
Published: 2011
Subjects:
HG4001 Financial management. Business finance. Corporation finance.
Online Access:http://irep.iium.edu.my/10519/
http://irep.iium.edu.my/10519/
http://irep.iium.edu.my/10519/1/razali_haron_MFA13_dynamism_of_capital_structure_SEA_countries_-_IREP.pdf
id iium-10519
recordtype eprints
spelling iium-105192011-12-15T07:51:17Z http://irep.iium.edu.my/10519/ Dynamism of capital structure: evidence from selected South East Asia countries panel data Haron, Razali Ibrahim, Khairunisah Mat Nor, Fauzias Ibrahim, Izani Alias, Norazlan HG4001 Financial management. Business finance. Corporation finance. This study contributes to the capital structure literature by exploring the dynamics of capital structure of firms in the South East Asia region, namely Malaysia, Thailand and Singapore based on a partial-adjustment framework during a period of 2000-2009. This study concludes that target capital structure does exist hence supports the dynamic trade off theory of capital structure for firms in the region and firms do adjust to their target with varying speed of adjustment subject to country. This study also finds evidences on Malaysia firms that the greater use of short-term debt in capital structure leads to higher speed of adjustment. 2011-06-10 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/10519/1/razali_haron_MFA13_dynamism_of_capital_structure_SEA_countries_-_IREP.pdf Haron, Razali and Ibrahim, Khairunisah and Mat Nor, Fauzias and Ibrahim, Izani and Alias, Norazlan (2011) Dynamism of capital structure: evidence from selected South East Asia countries panel data. In: 13th Malaysian Finance Association Conference 2011, 10-12 June, 2011, Langkawi, Malaysia. http://www.ukm/my/mfa2011/
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Haron, Razali
Ibrahim, Khairunisah
Mat Nor, Fauzias
Ibrahim, Izani
Alias, Norazlan
Dynamism of capital structure: evidence from selected South East Asia countries panel data
description This study contributes to the capital structure literature by exploring the dynamics of capital structure of firms in the South East Asia region, namely Malaysia, Thailand and Singapore based on a partial-adjustment framework during a period of 2000-2009. This study concludes that target capital structure does exist hence supports the dynamic trade off theory of capital structure for firms in the region and firms do adjust to their target with varying speed of adjustment subject to country. This study also finds evidences on Malaysia firms that the greater use of short-term debt in capital structure leads to higher speed of adjustment.
format Conference or Workshop Item
author Haron, Razali
Ibrahim, Khairunisah
Mat Nor, Fauzias
Ibrahim, Izani
Alias, Norazlan
author_facet Haron, Razali
Ibrahim, Khairunisah
Mat Nor, Fauzias
Ibrahim, Izani
Alias, Norazlan
author_sort Haron, Razali
title Dynamism of capital structure: evidence from selected South East Asia countries panel data
title_short Dynamism of capital structure: evidence from selected South East Asia countries panel data
title_full Dynamism of capital structure: evidence from selected South East Asia countries panel data
title_fullStr Dynamism of capital structure: evidence from selected South East Asia countries panel data
title_full_unstemmed Dynamism of capital structure: evidence from selected South East Asia countries panel data
title_sort dynamism of capital structure: evidence from selected south east asia countries panel data
publishDate 2011
url http://irep.iium.edu.my/10519/
http://irep.iium.edu.my/10519/
http://irep.iium.edu.my/10519/1/razali_haron_MFA13_dynamism_of_capital_structure_SEA_countries_-_IREP.pdf
first_indexed 2023-09-18T20:19:55Z
last_indexed 2023-09-18T20:19:55Z
_version_ 1777408037878759424

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