Thee determinants of capital structure: Evidence from UK companies
This study was conducted to explain the determinants of capital structure for UK companies with ordinary linear regression model. We chose 446 non-financial companies across 15 industries as data set and adopted two models to for investigation. The result of our analysis showed that the chosen expla...
| Main Author: | |
|---|---|
| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2011
|
| Online Access: | https://eprints.nottingham.ac.uk/25261/ |
| _version_ | 1848792948615938048 |
|---|---|
| author | LI, Weiwei |
| author_facet | LI, Weiwei |
| author_sort | LI, Weiwei |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This study was conducted to explain the determinants of capital structure for UK companies with ordinary linear regression model. We chose 446 non-financial companies across 15 industries as data set and adopted two models to for investigation. The result of our analysis showed that the chosen explanatory variables have significant influence on both short-term and long-term debt ratios, but showed less significance when regressing total leverage. In general the coefficient estimates are consistent to theoretical predictions but we failed to provide evidence of significant impact on any leverage level from growth rate. In addition it is found that there is distinctness in debt ratio for different industry classification however the regression result did not show much significance. |
| first_indexed | 2025-11-14T18:52:31Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-25261 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:52:31Z |
| publishDate | 2011 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-252612018-02-16T12:37:31Z https://eprints.nottingham.ac.uk/25261/ Thee determinants of capital structure: Evidence from UK companies LI, Weiwei This study was conducted to explain the determinants of capital structure for UK companies with ordinary linear regression model. We chose 446 non-financial companies across 15 industries as data set and adopted two models to for investigation. The result of our analysis showed that the chosen explanatory variables have significant influence on both short-term and long-term debt ratios, but showed less significance when regressing total leverage. In general the coefficient estimates are consistent to theoretical predictions but we failed to provide evidence of significant impact on any leverage level from growth rate. In addition it is found that there is distinctness in debt ratio for different industry classification however the regression result did not show much significance. 2011-09-23 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25261/1/Dissertation.pdf LI, Weiwei (2011) Thee determinants of capital structure: Evidence from UK companies. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | LI, Weiwei Thee determinants of capital structure: Evidence from UK companies |
| title | Thee determinants of capital structure: Evidence from UK companies |
| title_full | Thee determinants of capital structure: Evidence from UK companies |
| title_fullStr | Thee determinants of capital structure: Evidence from UK companies |
| title_full_unstemmed | Thee determinants of capital structure: Evidence from UK companies |
| title_short | Thee determinants of capital structure: Evidence from UK companies |
| title_sort | thee determinants of capital structure: evidence from uk companies |
| url | https://eprints.nottingham.ac.uk/25261/ |