The determinants of capital structure for listed property firms in Malaysia / Adib Haziq Jamil

Property industry is differ from other industries in term of capital structure selection. This is because the real estate has unique features that made them interesting to study. The lack of the study, the uniqueness of the property market regulation and market condition and the failure of the finan...

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Bibliographic Details
Main Author: Jamil, Adib Haziq
Format: Thesis
Language:English
Published: 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/95794/1/95794.pdf
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Summary:Property industry is differ from other industries in term of capital structure selection. This is because the real estate has unique features that made them interesting to study. The lack of the study, the uniqueness of the property market regulation and market condition and the failure of the financial management is a factor that make the researchers to conduct this study. This aims of this paper is to investigate the factor that affect the selection of the right capital structure for property firms in Malaysia. This study will focus on 20 property firms that are listed in Bursa Malaysia. The dependent variable is leverage that will be measure by debt ratio. There are four independent variables in this study which is firm size, asset tangibility, profitability and growth opportunity. The data from the sample of 20 property firm are pooled for 5 years which is from 2012-2016. The data will be relied on the financial statement of the property firms. Then, the number of observation research will use quantitative secondary data which regression model is use to interpret by the ordinary technique to determine the relationship between the variables for this study is 100. This is panel data and multiple least squares (OLS) as the dependent and independ