This study examines the determinants of capital structure decisions of firms, specifically for manufacturing companies the survey data were gathered from listed companies from stock exchange in sri lanka the capital structure is the composition of debt and equity capital that comprises a firm’s financing its assets. This paper develops a preliminary study to explore the determinants of capital structure of chinese-listed companies using firm-level panel data. Determinants of capital structure of the firms in manufacturing sector in sri lanka is important as these firms have different characteristics 2 review of literature capital structure is defined as the specific mix of debt and equity a firm uses to finance its operations four important theories are used to explain the capital structure.
This paper attempts to investigate the determinants of the capital structure of a sample of 972 listed companies on the shanghai stock exchange and shenzhen stock exchange in china in 2003. The work focuses on the analysis of the determinants of capital structure of companies and evaluates the explanatory capacity of the major theoretical perspectives, namely, the trade -off theory, the pecking order theory, the agency costs theory, and the market timing theory.
We employ a panel gmm (generalized method of moments) system estimator to analyse the determinants of the capital structure of non-financial firms listed on either the ho chi minh stock exchange or the hanoi stock exchange for the period 2007–11. The determinants of capital structure: evidence from us companies 11 conclude that transaction costs may be an important determinant of capital structure choice (harris, milton, and raviv, 1991) tested financial data of 153 listed firms in the new york securities exchange from 1985 to 1990 they reported that leverage ratios differ across industries, but firms in the same industry should have. The paper identifies the most important determinants of capital structure of 870 listed indian firms comprising both private sector companies and government companies for the period 2001–2010 ten independent variables and three dependent variables have been tested using regression analysis. Most of the work has been to identify the determinants of capital structure the main determinants of capital structure tested include profitability, size, growth opportunity, asset structure, costs of financial distress, and tax shields effects.
Capital structure is defined as the way a corporation finances its operations through combination of equity, debt, or hybrid security (hillier, clacher, ross, westerfield, and jordan, 2011. Associated with the capital structure determinants of listed companies in cse under the banks finance & insurance sector, during the period of 2008 - 2012 specifically, the study is designed 1 to show how the banks finance & insurance companies finance their business operation in sri lanka,. We investigate the determinants of capital structure of public listed companies on bursa malaysia, singapore stock exchange and thailand stock exchange from 2004 to 2013 we also investigate how firm-specific factors such as profitability, firm size, tangibility of assets and depreciation to total assets along with the macroeconomic factor such as inflation influence the capital structure.
We investigate the determinants of capital structure of public listed companies on bursa malaysia, singapore stock exchange and thailand stock exchange from 2004 to 2013.
Download citation on researchgate | determinants of capital structure: a case study of listed companies of nepal | in this paper, an attempt has been made to examine the determinants of capital. The capital structure is the composition of debt and equity capital that comprises a firm’s financing its assets in this study an attempt has been made to examine what factors determine the capital structure of the listed manufacturing companies in sri lanka. Capital structure is the composition or 'structure' of its liabilities thus, a mix of a company's long-term debt, specific short-term debt, common equity and preferred equity the capital.
Capital structure determinants of publicly listed companies in saudi arabia turki sf alzomaia, king saud university abstract this paper investigates the capital structure of listed firms in saudi arabia, using firm specific data to. Abstract the study is focused on the analysis of the determinants of capital structure of nigeria companies for 2013 the cross-sectional least squares regression is applied to determine the impact of two independent variables on debt ratio. Abstract: we investigate the determinants of capital structure of public listed com- panies on bursa malaysia, singapore stock exchange and thailand stock exchange from 2004 to 2013.