Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi

Construction companies are in an undeniable state that they could not survive and continue their daily operations without sufficient level of the working capital. This indicates that in today’s financial management, achieving the best capital structure for each firm is very crucial. The construction...

Full description

Bibliographic Details
Main Author:	Rozwan Affandi, Anis Nabillah
Format:	Student Project
Language:	English
Published:	Faculty of Business Management 2014
Subjects:	Malaysia Financial management. Business finance. Corporation finance
Online Access:	http://ir.uitm.edu.my/id/eprint/20957/ http://ir.uitm.edu.my/id/eprint/20957/1/PPb_ANIS%20NABILAH%20ROZWAN%20AFFANDI%20BM%20J%2014_5.pdf

id	uitm-20957
recordtype	eprints
spelling	uitm-209572018-10-08T01:45:11Z http://ir.uitm.edu.my/id/eprint/20957/ Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi Rozwan Affandi, Anis Nabillah Malaysia Financial management. Business finance. Corporation finance Construction companies are in an undeniable state that they could not survive and continue their daily operations without sufficient level of the working capital. This indicates that in today’s financial management, achieving the best capital structure for each firm is very crucial. The construction industry also facing lack of capital problem to some extent thus contribute to higher failure rate of construction companies. This paper intends to determine the factors of the contribution to the capital structure of construction firms listed in the Bursa Malaysia market. The data ranges from 2000 to 2013 on a yearly basis. The sample data were derived from financial statements of eight construction companies listed in Bursa Malaysia market with a number of observations totalling 104. Debt ratio is the dependent variable and expressed by formula; total liabilities divided by total assets. The independent variables are profitability, size of company, growth opportunity and liquidity. The results show that the profitability of the construction companies is significant negatively relations to debt ratio while size of company, growth opportunity and liquidity are insignificant in relations to total debt by using panel data method. This indicated that lower profit is the results obtained from using more debt for construction companies. The results also suggest that the companies are depending more on debt financing as to equity financing for expansion and growth. Faculty of Business Management 2014-12-07 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/20957/1/PPb_ANIS%20NABILAH%20ROZWAN%20AFFANDI%20BM%20J%2014_5.pdf Rozwan Affandi, Anis Nabillah (2014) Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi. [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	Malaysia Financial management. Business finance. Corporation finance
spellingShingle	Malaysia Financial management. Business finance. Corporation finance Rozwan Affandi, Anis Nabillah Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi
description	Construction companies are in an undeniable state that they could not survive and continue their daily operations without sufficient level of the working capital. This indicates that in today’s financial management, achieving the best capital structure for each firm is very crucial. The construction industry also facing lack of capital problem to some extent thus contribute to higher failure rate of construction companies. This paper intends to determine the factors of the contribution to the capital structure of construction firms listed in the Bursa Malaysia market. The data ranges from 2000 to 2013 on a yearly basis. The sample data were derived from financial statements of eight construction companies listed in Bursa Malaysia market with a number of observations totalling 104. Debt ratio is the dependent variable and expressed by formula; total liabilities divided by total assets. The independent variables are profitability, size of company, growth opportunity and liquidity. The results show that the profitability of the construction companies is significant negatively relations to debt ratio while size of company, growth opportunity and liquidity are insignificant in relations to total debt by using panel data method. This indicated that lower profit is the results obtained from using more debt for construction companies. The results also suggest that the companies are depending more on debt financing as to equity financing for expansion and growth.
format	Student Project
author	Rozwan Affandi, Anis Nabillah
author_facet	Rozwan Affandi, Anis Nabillah
author_sort	Rozwan Affandi, Anis Nabillah
title	Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi
title_short	Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi
title_full	Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi
title_fullStr	Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi
title_full_unstemmed	Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi
title_sort	determinants of capital structure and the effects towards debt ratio of listed construction companies in malaysia / anis nabillah rozwan affandi
publisher	Faculty of Business Management
publishDate	2014
url	http://ir.uitm.edu.my/id/eprint/20957/ http://ir.uitm.edu.my/id/eprint/20957/1/PPb_ANIS%20NABILAH%20ROZWAN%20AFFANDI%20BM%20J%2014_5.pdf
first_indexed	2023-09-18T23:05:34Z
last_indexed	2023-09-18T23:05:34Z
_version_	1777418459288698880

Determinants of capital structure and the effects towards debt ratio of listed construction companies in Malaysia / Anis Nabillah Rozwan Affandi

Similar Items