Determinant of capital structure for property listed companies in Malaysia

This study examines the determinants of capital structure in the case of property companies listed in Main Market of Bursa Malaysia. There are 72 companies included in this study which the data has been collected from Bloomberg starting 2009 until 2014. Based on descriptive analysis, the liquidity o...

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Bibliographic Details
Main Author: Hapizah, Idris
Format: Thesis
Language:eng
eng
Published: 2018
Subjects:
Online Access:https://etd.uum.edu.my/7655/1/s817363_01.pdf
https://etd.uum.edu.my/7655/2/s817363_02.pdf
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Summary:This study examines the determinants of capital structure in the case of property companies listed in Main Market of Bursa Malaysia. There are 72 companies included in this study which the data has been collected from Bloomberg starting 2009 until 2014. Based on descriptive analysis, the liquidity of firm achieved the highest value of minimum, maximum and standard deviation. In the regression output it has been highlighted that there is a negative relationship between profitability, tangibility, liquidity and non-debt tax shield. However, positive relationship has been highlighted in the case of size of firm. The finding also reveals that size of the firm is the most influential factor as the coefficient value is the highest among other variables in line with few previous researches.