Determinants Of Corporate Debt Ownership Structure In Malaysia

Mat Nor, Fauzias and Yatim, Yatim (2000) Determinants Of Corporate Debt Ownership Structure In Malaysia. Asian Academy of Management Journal (AAMJ), 5 (1). pp. 1-12. ISSN 1394-2603

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Abstract

This paper examines the relationship between corporate debt ownership structure and several firm characteristics in Malaysia. Three dependent variables are used in testing this relationship namely the predominant proportion of long-term bank debts, long-term non-bank debts, and long-term public debts. The multiple regression analysis is used to examine the relationship amongst the dependent variables and the firm characteristics. The results demonstrate that the mean proportion of bank debt is higher than that of non-bank debt, but lower than that of public debt. The results also suggest negative relationship between bank debts with firm characteristics such as total assets, market to book value, and age of the firms. There is no significant relationship between characteristics of the firms, and the long-term non-bank debts and public debts.

Item Type: Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management
Divisions: Penerbit Universiti Sains Malaysia (USM Press) > Asian Academy of Management Journal (AAM)
Depositing User: Mr Firdaus Mohamad
Date Deposited: 10 Jul 2017 03:01
Last Modified: 10 Jul 2017 03:01
URI: http://eprints.usm.my/id/eprint/35448

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