Speed of adjustment towards target capital structure: Southeast Asia evidence

Haron, Razali and Ibrahim, Khairunisah (2012) Speed of adjustment towards target capital structure: Southeast Asia evidence. Research Report. s.n, Kuala Lumpur. (Unpublished)

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Abstract

This study investigates on the existence of target capital structure and speed of adjustment towards the target for firms in the selected Southeast Asia countries covering Malaysia, Thailand and Singapore. Falls under the dynamic aspect of capital structure, a relatively new area in the finance literature this study found the existence of target capital structure among firms in the region and it's a function of several firm and country levels determinants. The speed of adjustment to target leverage varies between firm in the three countries and firms in the region are found to be under-adjust in the sense that they fall short of the adjustment required to attain the target leverage levels

Item Type:	Monograph (Research Report)
Additional Information:	4581/35751
Uncontrolled Keywords:	Dynamic, target capital structure, speed of adjustment, Southeast Asia
Subjects:	H Social Sciences > HG Finance H Social Sciences > HG Finance > HG4001 Financial management. Business finance. Corporation finance.
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Finance
Depositing User:	Sr. Norsyaziela Zulkefli
Date Deposited:	07 Sep 2014 12:17
Last Modified:	07 Sep 2014 12:17
URI:	http://irep.iium.edu.my/id/eprint/35751

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