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...
| Main Authors: | Wei, Theng Lau, Siong , Hook Law, Md Nassir, Annuar |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Asian Academy of Management (AAM)
2016
|
| Subjects: | |
| Online Access: | http://eprints.usm.my/37213/ http://eprints.usm.my/37213/1/aamjaf12022016_3.pdf |
Similar Items
Debt maturity and stock returns: an inter-sectoral comparison of Malaysian firms
by: Lau, Wei Theng, et al.
Published: (2016)
by: Lau, Wei Theng, et al.
Published: (2016)
The response of sectoral returns to macroeconomic shocks in the Malaysian stock market
by: Law, Siong Hook, et al.
Published: (2014)
by: Law, Siong Hook, et al.
Published: (2014)
Debt Maturity, Underinvestment Problem And
Corporate Value
by: Lee, Karren -Hwei Khaw, et al.
Published: (2016)
by: Lee, Karren -Hwei Khaw, et al.
Published: (2016)
Interaction effects of country-level governance quality and debt on stock returns in developing nations
by: Matemilola, Bolaji Tunde, et al.
Published: (2018)
by: Matemilola, Bolaji Tunde, et al.
Published: (2018)
Forecasting Corporate Failure In Malaysian Industrial
Sector Firms
by: Muhamad Sori, Zulkarnain, et al.
Published: (2001)
by: Muhamad Sori, Zulkarnain, et al.
Published: (2001)
Effects of financial leverage on stock returns in Bursa Malaysia
by: Lau, Wei Theng
Published: (2016)
by: Lau, Wei Theng
Published: (2016)
An empirical study of DEBT maturity structure and determinants for public and private DEBT securities in Malaysia and Singapore
by: Abdul Wahab, Noor Maimun, et al.
Published: (2020)
by: Abdul Wahab, Noor Maimun, et al.
Published: (2020)
Corporate debt maturity and future firm performance volatility
by: Sato, Meg Adachi, et al.
Published: (2018)
by: Sato, Meg Adachi, et al.
Published: (2018)
Impact of institutional quality on firms' debt maturity in developing nations
by: Matemilola, Bolaji Tunde, et al.
Published: (2023)
by: Matemilola, Bolaji Tunde, et al.
Published: (2023)
Inter-counter linkage in Kuala Lumpur Stock Exchange returns
by: Faoziah Idris,, et al.
Published: (2004)
by: Faoziah Idris,, et al.
Published: (2004)
Impact of long-term debt maturity and corporate social responsibility on default probability in developing countries
by: Badayi, Suleiman Ahmed, et al.
Published: (2020)
by: Badayi, Suleiman Ahmed, et al.
Published: (2020)
Dividend and excess return in China
by: Da, Jiaqi, et al.
Published: (2023)
by: Da, Jiaqi, et al.
Published: (2023)
An empirical study of worldwide governance indicators as determinants of debt maturity structure for public and private debt securities in Malaysia and Singapore
by: Abdul Wahab, Noor Maimun, et al.
Published: (2021)
by: Abdul Wahab, Noor Maimun, et al.
Published: (2021)
Capital structure and impact of debt maturity structure on firms leverage level in Malaysia
by: Cheng, Fan Fah, et al.
Published: (2018)
by: Cheng, Fan Fah, et al.
Published: (2018)
Islamic bond announcement: The relationship between Islamic debt characteristics and stock return
by: Fauzi, Fitriya, et al.
Published: (2015)
by: Fauzi, Fitriya, et al.
Published: (2015)
Does top managers’ skills moderate the debt-stock returns relationship in Malaysia?
by: Matemilola, Bolaji Tunde, et al.
Published: (2019)
by: Matemilola, Bolaji Tunde, et al.
Published: (2019)
The Impact Of Intra And Inter-Firm Sourcing
Strategy On Supplies' Quality,
Delivery And Cost
by: Muhamad Jantan, Muhamad Jantan, et al.
Published: (2000)
by: Muhamad Jantan, Muhamad Jantan, et al.
Published: (2000)
Systematic risk of stock returns in Asian emerging markets:decomposition determinants.
by: Hooy , Chee Wooi
Published: (2014)
by: Hooy , Chee Wooi
Published: (2014)
The firm-specific determinants of corporate debt maturity : a study of Malaysian firms / Amirali Moeini Chaghervand.
by: Chaghervand, Amirali Moeini
Published: (2011)
by: Chaghervand, Amirali Moeini
Published: (2011)
A study of relationship of debt ratio, return on asset & return on equity on TNB financial efficiency / Khadijah Mohd Affendi
by: Mohd Affendi, Khadijah
Published: (2011)
by: Mohd Affendi, Khadijah
Published: (2011)
The impacts of cash flow volatility on Chinese firms: investment, debt maturity, cost of capital
by: Yu, Zichen
Published: (2019)
by: Yu, Zichen
Published: (2019)
Impact of financial flexibility on debt maturity, investment decisions and performance of firms in Malaysia and Australia
by: Ng, Huey Chyi
Published: (2018)
by: Ng, Huey Chyi
Published: (2018)
Aspects of inter-organisational networks for developing firm competencies - Preliminary evidence from Malaysia
by: Omar, , Aliza Akmar, et al.
Published: (2006)
by: Omar, , Aliza Akmar, et al.
Published: (2006)
The Dividend and Earnings Behaviour of Firms on
the Kuala Lumpur Stock Exchange
by: Md Nassir, Annuar, et al.
Published: (1993)
by: Md Nassir, Annuar, et al.
Published: (1993)
The Effect Of Investor Sentiment On Stock
Returns: Insight From Emerging Asian
Markets
by: V. Anusakumar, Shangkari, et al.
Published: (2017)
by: V. Anusakumar, Shangkari, et al.
Published: (2017)
Study of Short-Term Abnormal Returns of Intial Public Offerings in Asean Stock Exchanges
by: Chen, Yao
Published: (2014)
by: Chen, Yao
Published: (2014)
Stock market liberalization impact on sectoral stock market return in Malaysia
by: Maniam, Subashini, et al.
Published: (2018)
by: Maniam, Subashini, et al.
Published: (2018)
The Study Of Current Earnings Ability To Explain Expected Future Earnings In Relation To Stock Return.
by: Hj Ahmad, Abdul Jalil
Published: (2003)
by: Hj Ahmad, Abdul Jalil
Published: (2003)
Corporate debt maturity structure: the role of firm level and institutional determinants in selected African countries
by: Etudaiye-Muhtar, Oyebola Fatima, et al.
Published: (2017)
by: Etudaiye-Muhtar, Oyebola Fatima, et al.
Published: (2017)
Technical efficiency and returns to scale on banking sector: empirical evidence from GCC countries
by: Kamarudin, Fakarudin, et al.
Published: (2015)
by: Kamarudin, Fakarudin, et al.
Published: (2015)
Determinants of debt maturity structure for public and private debt securities in Malaysia and Singapore
by: Abdul Wahab, Noor Maimun
Published: (2019)
by: Abdul Wahab, Noor Maimun
Published: (2019)
Price Randomness, Contrarian And Momentum Strategies: A Study Of Return Predictability In The Malaysian Stock Exchange
by: Husni, Tafdil
Published: (2005)
by: Husni, Tafdil
Published: (2005)
The Effect of Capital Structure and Systematic Risk on Stock Returns: Empirical Analysis of Companies Listed in Bursa Malaysia
by: Rina, Busri
Published: (2010)
by: Rina, Busri
Published: (2010)
Monetary Policy, Firm Size And Equity Returns In An Emerging Market: Panel Evidence Of Malaysia
by: Abdul Karim, Zulkefly, et al.
Published: (2015)
by: Abdul Karim, Zulkefly, et al.
Published: (2015)
Debt determinants of shariah approved firms: Empirical evidence from Malaysia
by: Ramli, Nurshamimitul Ezza, et al.
Published: (2016)
by: Ramli, Nurshamimitul Ezza, et al.
Published: (2016)
Islamic capital market and debt financing of Shariah-compliant firms in Indonesia
by: Haron, Razali, et al.
Published: (2016)
by: Haron, Razali, et al.
Published: (2016)
International reserves, current account imbalance and external debt : evidence from Malaysia.
by: Nor, Eliza, et al.
Published: (2008)
by: Nor, Eliza, et al.
Published: (2008)
Alignment of inter-agency supply chains to enhance public sector performance management
by: Callender, Guy
Published: (2011)
by: Callender, Guy
Published: (2011)
The Determinants of Debt Maturity Structure for Chinese Listed Companies
by: LIN, WENYI
Published: (2020)
by: LIN, WENYI
Published: (2020)
Ownership Concentration and Debt Structure: Evidence from Top 100 PLCs in Malaysia
by: Neshaleni, S. Paramanantham, et al.
Published: (2018)
by: Neshaleni, S. Paramanantham, et al.
Published: (2018)
Similar Items
-
Debt maturity and stock returns: an inter-sectoral comparison of Malaysian firms
by: Lau, Wei Theng, et al.
Published: (2016) -
The response of sectoral returns to macroeconomic shocks in the Malaysian stock market
by: Law, Siong Hook, et al.
Published: (2014) -
Debt Maturity, Underinvestment Problem And
Corporate Value
by: Lee, Karren -Hwei Khaw, et al.
Published: (2016) -
Interaction effects of country-level governance quality and debt on stock returns in developing nations
by: Matemilola, Bolaji Tunde, et al.
Published: (2018) -
Forecasting Corporate Failure In Malaysian Industrial
Sector Firms
by: Muhamad Sori, Zulkarnain, et al.
Published: (2001)