Debt maturity and stock returns: an inter-sectoral comparison of Malaysian firms
This firm-level study examines whether the effects of financial leverage on stock returns of 12 Bursa Malaysian sectors can be explained by debt maturity. When total leverage is used, only 3 out of 12 sectors exhibit a significant relationship with stock returns. However, when the leverage is divide...
| Main Authors: | Lau, Wei Theng, Law, Siong Hook, Md Nassir, Annuar |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Asian Academy of Management (AAM) and Penerbit Universiti Sains Malaysia
2016
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/56410/ http://psasir.upm.edu.my/id/eprint/56410/1/Debt%20maturity%20and%20stock%20returns%20an%20inter-sectoral%20comparison%20of%20Malaysian%20firms.pdf |
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