[PDF] Top 20 A decomposition analysis of capital structure: evidence from Pakistan’s manufacturing sector

... Our analysis of these components of debt underscores the importance of considering both long- and short-term debt and their determinants as separate ...an analysis of the determinants of debt based on total ... See full document

... proper analysis of prospective projects will be beneficial to developing country like ...all sector has significant effect except fertilizer sector on financial structure ...agricultural ... See full document

... sales from inventory shortages and inability to pay creditors on ...working capital management and gains accruing on account of lower interest ...financing from short term or long term sources of ... See full document

... out from listed companies’ annual ...of Pakistan (SECP) is a regulatory body which controls all listed firms in ...in Pakistan Stock Exchange (PSX); this document only included non-financial firms ... See full document

... banking sector to operate ...of capital structure (debt to equity) on profitability, liquidity, tangibility, interest rate and growth rate to measure performance of banking sector of ...pooled ... See full document

... selected from five manufacturing firms in Lagos, ...sampled from the five ...constructs from literature and items from tested scales and it was administered in a field survey spanning two ... See full document

... retained earnings rather than issuing debt and equity (external financing). Pecking order theory (Myers, 1984; Myers and Majluf, 1984) argues to minimize the firm‘s insiders-outsiders issues related to information ... See full document

... The capital structure of a company consists of a particular combination of debt and equity issues to relieve potential pressures on its long-term ...of capital structure decisions can be ... See full document

... The table.2 presents the descriptive stats i.e. mean median and standard deviation of variables. The mean value of LOTTA is 10.832 which depict that respondent firm’s lie in the range of 10.832. The median value of LOTTA ... See full document

... of manufacturing sector to enhance its competitiveness and resilience in the global ...Malaysian manufacturing firms to penetrate into that new ...challenges from the competitiveness of other ... See full document

... working capital management policies and efficiency regarding to manufacturing sector of ...data from 37 firms have been taken for the period ...envelopment analysis (DEA) and Tobit ... See full document

... selected from prominent previous research works on capital ...twelve manufacturing share companies of Addis Ababa city. For analysis, this study selected multivariate ordinary least square ... See full document

... ranging from 44 percent for firms in the mature stage to 53 percent for those in the decline ...and capital structure is consistent with the pattern when firm age is considered (Pfaffermayr et ...The ... See full document

... Pecking order hypothesis explains the relationship of growth and leverage to be positive. As growing firm does not have enough retained earnings to finance new projects so as a next preferable option it will go for debt ... See full document

... period from 1926 to 1966, they concluded that there is a positive relationship between beta and average ...the capital asset pricing model (CAPM) used widely for Expected investment & return of shares ... See full document

... Theory explains that why most profitable firms use source of internal funding and low profitable firms use debt financing due to insufficient internal funds. Unlike MM’s theory, the pecking order theory weighted less to ... See full document

... the capital structure are being carried out for more than five decades after thought provoking research article by the Modigliani and Miller ...in capital structure focus on investigating the ... See full document

... Bayesian analysis of working capital management on corporate profitability: evidence from ...working capital and corporate ...working capital and firm performance is nonlinear, ... See full document

... payers manufacturing share companies of ...start from companies who have an annual sales turnover greater than 27 million ...increase from the previous 15 million Birr annual sales cut-off point ... See full document

... up capital structure of a ...textile sector and a low 31 percent in ...year from 2003 to ...energy sector in entire ...ranges from 72 percent in T&C to 100 percent in other ... See full document