Does Malaysian firms's corporate capital structure change have an impact on its corporate performance?

This study aims to examine the relationship that exists to be varying year by year between the corporate financial structure in debt and equity ratio change pattern of movement that affects the performance of the selected 505 public listed firms in Malaysia from year 2005 to 2010 and determines its...

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Main Author: Teoh, Ker Li
Format: Project Report
Language:English
English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2012
Subjects:
Online Access:http://ir.unimas.my/13584/
http://ir.unimas.my/13584/1/Does%20Malaysian%20firms%E2%80%99%20corporate%20capital%20structure%20change%20have%20an%20impact%20on%20its%20corporate%20performance%20%2824%20pages%29.pdf
http://ir.unimas.my/13584/2/Does%20Malaysian%20firms%E2%80%99%20corporate%20capital%20structure%20change%20have%20an%20impact%20on%20its%20corporate%20performance%20%28fulltext%29.pdf
id unimas-13584
recordtype eprints
spelling unimas-135842016-09-25T17:55:07Z http://ir.unimas.my/13584/ Does Malaysian firms's corporate capital structure change have an impact on its corporate performance? Teoh, Ker Li HB Economic Theory HC Economic History and Conditions This study aims to examine the relationship that exists to be varying year by year between the corporate financial structure in debt and equity ratio change pattern of movement that affects the performance of the selected 505 public listed firms in Malaysia from year 2005 to 2010 and determines its consistency in related to either static trade-off theory or pecking order theory. It is tested in overall and also different economic period mainly the crisis period by using change of total debt, long term-debt, short-term debt and total equity as the proxy corporate financial structure. Whereas for the measurement of corporate performance will be using Market to Book Value, Net Profit Margin and Return on Equity. Results show that only change in total equity had a consistent positive significant relationship with the change of all corporate performance indicators, whereas a mix relationship was found between all kinds of change in debts with the change of all corporate performance indicators. In overall, majority of the relationships between changes in corporate financial structure with change of corporate performance was found consistent with the Static Trade-off Theory. Universiti Malaysia Sarawak, (UNIMAS) 2012 Project Report NonPeerReviewed text en http://ir.unimas.my/13584/1/Does%20Malaysian%20firms%E2%80%99%20corporate%20capital%20structure%20change%20have%20an%20impact%20on%20its%20corporate%20performance%20%2824%20pages%29.pdf text en http://ir.unimas.my/13584/2/Does%20Malaysian%20firms%E2%80%99%20corporate%20capital%20structure%20change%20have%20an%20impact%20on%20its%20corporate%20performance%20%28fulltext%29.pdf Teoh, Ker Li (2012) Does Malaysian firms's corporate capital structure change have an impact on its corporate performance? [Project Report] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Sarawak
building UNIMAS Institutional Repository
collection Online Access
language English
English
topic HB Economic Theory
HC Economic History and Conditions
spellingShingle HB Economic Theory
HC Economic History and Conditions
Teoh, Ker Li
Does Malaysian firms's corporate capital structure change have an impact on its corporate performance?
description This study aims to examine the relationship that exists to be varying year by year between the corporate financial structure in debt and equity ratio change pattern of movement that affects the performance of the selected 505 public listed firms in Malaysia from year 2005 to 2010 and determines its consistency in related to either static trade-off theory or pecking order theory. It is tested in overall and also different economic period mainly the crisis period by using change of total debt, long term-debt, short-term debt and total equity as the proxy corporate financial structure. Whereas for the measurement of corporate performance will be using Market to Book Value, Net Profit Margin and Return on Equity. Results show that only change in total equity had a consistent positive significant relationship with the change of all corporate performance indicators, whereas a mix relationship was found between all kinds of change in debts with the change of all corporate performance indicators. In overall, majority of the relationships between changes in corporate financial structure with change of corporate performance was found consistent with the Static Trade-off Theory.
format Project Report
author Teoh, Ker Li
author_facet Teoh, Ker Li
author_sort Teoh, Ker Li
title Does Malaysian firms's corporate capital structure change have an impact on its corporate performance?
title_short Does Malaysian firms's corporate capital structure change have an impact on its corporate performance?
title_full Does Malaysian firms's corporate capital structure change have an impact on its corporate performance?
title_fullStr Does Malaysian firms's corporate capital structure change have an impact on its corporate performance?
title_full_unstemmed Does Malaysian firms's corporate capital structure change have an impact on its corporate performance?
title_sort does malaysian firms's corporate capital structure change have an impact on its corporate performance?
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2012
url http://ir.unimas.my/13584/
http://ir.unimas.my/13584/1/Does%20Malaysian%20firms%E2%80%99%20corporate%20capital%20structure%20change%20have%20an%20impact%20on%20its%20corporate%20performance%20%2824%20pages%29.pdf
http://ir.unimas.my/13584/2/Does%20Malaysian%20firms%E2%80%99%20corporate%20capital%20structure%20change%20have%20an%20impact%20on%20its%20corporate%20performance%20%28fulltext%29.pdf
first_indexed 2018-09-06T16:08:26Z
last_indexed 2018-09-06T16:08:26Z
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