Publication: Assessing The Influence Of Ownership Structure And Board Diversity On Capital Structure Adjustment Speed: Evidence From Malaysia
Date
2022-12
Authors
Hanis Adiela Binti Ibrahim
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Abstract
This study estimates the adjustment speed towards target capital structure based on 237 non-financial firms listed on Bursa Malaysia for the period of 2012-2017. This study validates the existence of target capital structure in Malaysian firms found in previous studies and revealed that the speed of adjustment for the sample firms ranges between 33.6% to 45% annually, depending on the leverage proxies used.
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Keywords
Assessing The Influence Of Ownership Structure , Board Diversity On Capital Structure Adjustment Speed , Evidence From Malaysia