Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan
This study is developed to examine the determinants of financial leverage of capital structure of airlines industry in Asia for the period from 2012 to 2016. Airlines industry is selected as sample of this study as it reflects the highest energy intensive industry based on the largest amount of fuel...
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| Format: | Article |
| Language: | English |
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Universiti Teknologi MARA Cawangan Selangor
2019
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/29639/ |
| _version_ | 1848807288741036032 |
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| author | Che Yahya, Norliza Harun, Hanizatul Nadia Roslan, Azreen |
| author_facet | Che Yahya, Norliza Harun, Hanizatul Nadia Roslan, Azreen |
| author_sort | Che Yahya, Norliza |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | This study is developed to examine the determinants of financial leverage of capital structure of airlines industry in Asia for the period from 2012 to 2016. Airlines industry is selected as sample of this study as it reflects the highest energy intensive industry based on the largest amount of fuel consumption on the business (Bratlie, 2012). This study defined airline as an operation entity that provides services to carry people and freight by air with schedule routes provided. This study, using panel data analysis, reports that size and growth have a positive relationship to financial leverage. In contrast, profitability and age are negatively related. Regardless of the signs, all the explanatory variables in this study are strongly significant in determining financial leverage (measured by debt to equity ratio). |
| first_indexed | 2025-11-14T22:40:27Z |
| format | Article |
| id | uitm-29639 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:40:27Z |
| publishDate | 2019 |
| publisher | Universiti Teknologi MARA Cawangan Selangor |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-296392022-07-04T06:29:32Z https://ir.uitm.edu.my/id/eprint/29639/ Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan abrij Che Yahya, Norliza Harun, Hanizatul Nadia Roslan, Azreen Banking Financial leverage Malaysia This study is developed to examine the determinants of financial leverage of capital structure of airlines industry in Asia for the period from 2012 to 2016. Airlines industry is selected as sample of this study as it reflects the highest energy intensive industry based on the largest amount of fuel consumption on the business (Bratlie, 2012). This study defined airline as an operation entity that provides services to carry people and freight by air with schedule routes provided. This study, using panel data analysis, reports that size and growth have a positive relationship to financial leverage. In contrast, profitability and age are negatively related. Regardless of the signs, all the explanatory variables in this study are strongly significant in determining financial leverage (measured by debt to equity ratio). Universiti Teknologi MARA Cawangan Selangor 2019-09 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29639/1/AJ_NORLIZA%20CHE%20YAHYA%20ABRIJ%20B%2019.pdf Che Yahya, Norliza and Harun, Hanizatul Nadia and Roslan, Azreen (2019) Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan. (2019) Advances in Business Research International Journal (ABRIJ) <https://ir.uitm.edu.my/view/publication/Advances_in_Business_Research_International_Journal_=28ABRIJ=29.html>, 5 (2). pp. 1-10. ISSN 2462-1838 https://myjms.mohe.gov.my/index.php/ABRIJ/ |
| spellingShingle | Banking Financial leverage Malaysia Che Yahya, Norliza Harun, Hanizatul Nadia Roslan, Azreen Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan |
| title | Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan |
| title_full | Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan |
| title_fullStr | Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan |
| title_full_unstemmed | Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan |
| title_short | Determinants of financial leverage: the case of largest airlines in asia / Norliza Che Yahya, Hanizatul Nadia Harun and Azreen Roslan |
| title_sort | determinants of financial leverage: the case of largest airlines in asia / norliza che yahya, hanizatul nadia harun and azreen roslan |
| topic | Banking Financial leverage Malaysia |
| url | https://ir.uitm.edu.my/id/eprint/29639/ https://ir.uitm.edu.my/id/eprint/29639/ |