Capital structure and profitability in Malaysian plantation sector

This purpose of this study is to examine the relationship between the capital structure and profitability of 21 plantation companies which listed in Bursa Malaysia during the years 2009 to 2013. The dependent variable is firms’ profitability, measured by Return on assets (ROA). Independent variables...

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Bibliographic Details
Main Author: Sek, Wen Jie
Format: Final Year Project Report / IMRAD
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2015
Subjects:
Online Access:http://ir.unimas.my/id/eprint/12323/
http://ir.unimas.my/id/eprint/12323/5/Wen%20Jie%28fulltext%29.pdf
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author Sek, Wen Jie
author_facet Sek, Wen Jie
author_sort Sek, Wen Jie
building UNIMAS Institutional Repository
collection Online Access
description This purpose of this study is to examine the relationship between the capital structure and profitability of 21 plantation companies which listed in Bursa Malaysia during the years 2009 to 2013. The dependent variable is firms’ profitability, measured by Return on assets (ROA). Independent variables in this study include Debt to assets ratio (DAR), Debt to equity ratio (DER), Firms’ growth (G), Liquidity (LQ), Assets tangibility (TANG) and Degree of operating leverage (DOL). Panel data regression analysis is utilized to analyze on the findings of the study. The result shows that Debt to equity ratio (DER) and Degree of operating leverage (DOL) are positive and significantly related to ROA, while Debt to assets ratio (DAR), Firms’ growth (G), Liquidity (LQ) and Assets tangibility (TANG) are found to be negative and significantly related to ROA.
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format Final Year Project Report / IMRAD
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institution Universiti Malaysia Sarawak
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language English
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publishDate 2015
publisher Universiti Malaysia Sarawak, (UNIMAS)
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spelling unimas-123232023-12-12T07:38:42Z http://ir.unimas.my/id/eprint/12323/ Capital structure and profitability in Malaysian plantation sector Sek, Wen Jie HB Economic Theory This purpose of this study is to examine the relationship between the capital structure and profitability of 21 plantation companies which listed in Bursa Malaysia during the years 2009 to 2013. The dependent variable is firms’ profitability, measured by Return on assets (ROA). Independent variables in this study include Debt to assets ratio (DAR), Debt to equity ratio (DER), Firms’ growth (G), Liquidity (LQ), Assets tangibility (TANG) and Degree of operating leverage (DOL). Panel data regression analysis is utilized to analyze on the findings of the study. The result shows that Debt to equity ratio (DER) and Degree of operating leverage (DOL) are positive and significantly related to ROA, while Debt to assets ratio (DAR), Firms’ growth (G), Liquidity (LQ) and Assets tangibility (TANG) are found to be negative and significantly related to ROA. Universiti Malaysia Sarawak, (UNIMAS) 2015 Final Year Project Report / IMRAD NonPeerReviewed text en http://ir.unimas.my/id/eprint/12323/5/Wen%20Jie%28fulltext%29.pdf Sek, Wen Jie (2015) Capital structure and profitability in Malaysian plantation sector. [Final Year Project Report / IMRAD] (Unpublished)
spellingShingle HB Economic Theory
Sek, Wen Jie
Capital structure and profitability in Malaysian plantation sector
title Capital structure and profitability in Malaysian plantation sector
title_full Capital structure and profitability in Malaysian plantation sector
title_fullStr Capital structure and profitability in Malaysian plantation sector
title_full_unstemmed Capital structure and profitability in Malaysian plantation sector
title_short Capital structure and profitability in Malaysian plantation sector
title_sort capital structure and profitability in malaysian plantation sector
topic HB Economic Theory
url http://ir.unimas.my/id/eprint/12323/
http://ir.unimas.my/id/eprint/12323/5/Wen%20Jie%28fulltext%29.pdf