Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh

This paper identifies a relationship between firm specific characteristics and capital structure of non-financial firms in Malaysia. Capital structure is one of the most important effective measures on the valuation and direction of economic enterprises in the capital markets. This paper purp...

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Main Author:	Jusoh, Siti Noor Amirah
Format:	Student Project
Language:	English
Published:	Faculty of Business Management 2017
Subjects:	Investment, capital formation, speculation
Online Access:	http://ir.uitm.edu.my/id/eprint/22278/ http://ir.uitm.edu.my/id/eprint/22278/2/PPb_SITI%20NOORAMIRAH%20JUSOH%20J%20BM17_5.pdf

id	uitm-22278
recordtype	eprints
spelling	uitm-222782019-02-12T08:57:51Z http://ir.uitm.edu.my/id/eprint/22278/ Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh Jusoh, Siti Noor Amirah Investment, capital formation, speculation This paper identifies a relationship between firm specific characteristics and capital structure of non-financial firms in Malaysia. Capital structure is one of the most important effective measures on the valuation and direction of economic enterprises in the capital markets. This paper purpose is to examine the relationship between capital structure towards firm size (FS), profitability (ROA), liquidity (CR), tangibility (TANG) and growth opportunities (GRW). The capital structure will be measured by total debt ratio. This study is using secondary data and panel data analysis. The data is obtained from annual report of listed non-financial company in Malaysia. The annual report will be obtained from Bursa Malaysia for six selected listed non-financial firms in Malaysia. The data is collected from 2006 to 2015. From this study, the expected finding of liquidity, profitability, and growth opportunities were found to have negative relationship on debt ratio, while firm size and tangibility were found to have positive relationship on debt ratio. However the result show in this study is different with expected finding which are liquidity, growth opportunities and tangibility show negative relationship with debt ratio, while firm size and profitability are positive related towards debt ratio. Keywords: Panel data, Pecking Order Theory Faculty of Business Management 2017-01 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/22278/2/PPb_SITI%20NOORAMIRAH%20JUSOH%20J%20BM17_5.pdf Jusoh, Siti Noor Amirah (2017) Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh. [Student Project] (Submitted)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Investment, capital formation, speculation
spellingShingle	Investment, capital formation, speculation Jusoh, Siti Noor Amirah Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh
description	This paper identifies a relationship between firm specific characteristics and capital structure of non-financial firms in Malaysia. Capital structure is one of the most important effective measures on the valuation and direction of economic enterprises in the capital markets. This paper purpose is to examine the relationship between capital structure towards firm size (FS), profitability (ROA), liquidity (CR), tangibility (TANG) and growth opportunities (GRW). The capital structure will be measured by total debt ratio. This study is using secondary data and panel data analysis. The data is obtained from annual report of listed non-financial company in Malaysia. The annual report will be obtained from Bursa Malaysia for six selected listed non-financial firms in Malaysia. The data is collected from 2006 to 2015. From this study, the expected finding of liquidity, profitability, and growth opportunities were found to have negative relationship on debt ratio, while firm size and tangibility were found to have positive relationship on debt ratio. However the result show in this study is different with expected finding which are liquidity, growth opportunities and tangibility show negative relationship with debt ratio, while firm size and profitability are positive related towards debt ratio. Keywords: Panel data, Pecking Order Theory
format	Student Project
author	Jusoh, Siti Noor Amirah
author_facet	Jusoh, Siti Noor Amirah
author_sort	Jusoh, Siti Noor Amirah
title	Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh
title_short	Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh
title_full	Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh
title_fullStr	Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh
title_full_unstemmed	Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh
title_sort	capital structure of non-financial firms in malaysia / siti noor amirah jusoh
publisher	Faculty of Business Management
publishDate	2017
url	http://ir.uitm.edu.my/id/eprint/22278/ http://ir.uitm.edu.my/id/eprint/22278/2/PPb_SITI%20NOORAMIRAH%20JUSOH%20J%20BM17_5.pdf
first_indexed	2023-09-18T23:08:20Z
last_indexed	2023-09-18T23:08:20Z
_version_	1777418633538961408

Capital structure of non-financial firms in Malaysia / Siti Noor Amirah Jusoh

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